In May 2010, when Bitcoin was still an experiment, a programmer named Laszlo Hanyecz posted on a forum that he wanted to buy food with BTC. His offer was simple: 10,000 BTC for two pizzas 🍕🍕 Someone accepted the deal and became the first person to make a real purchase with Bitcoin in history. At the time, those 10,000 BTC were worth almost nothing. Today, that same amount would be worth millions of dollars. 💡 The most important: It wasn't a mistake, it was a historic step. That pizza was the first demonstration that Bitcoin could be used as real money, not just a digital experiment.
#Web3 If we talk about technical topics, let's filter them roughly with a few simple points! 😜🎁👌🌸🫶 The groups that play with blockchain have different circles, each with their own topics and ways to play; however, many people try to give their projects a sense of value by discussing some technology to add a golden touch, which is common! 🫣🫣🫣
If you don't understand technology, this is how to recognize it: When someone talks about technology, don't listen to what they plan to do in the future. What problems can the technology solve? If it's just talk, it's like watching a few cows floating in the sky, all blown up. 🥰😍😁 What matters in technology is what has been produced? What problems can it solve? How many people are applying it? That's the real value! Technology that has been produced but has no application is still in vain! 😢😢😢
If it's in the DeFi category with public chains, the golden touch has real value! Don't think that just because it's a public chain, it becomes more high-end; making a secondary development of a public chain that only modifies the contract layer and application layer has no real value! 😜😜😜
Follow Lao Mian! Avoid pitfalls! 🫰🫰🫰🫶🫶🫶💰💰💰🌸🌸
Let's enhance our understanding and earn BTC, ETH + BNB😍扣:111
Mt. Gox is the biggest black swan event in Bitcoin history. Mt. Gox (full name Magic: The Gathering Online eXchange) was originally a trading site for magic cards, which was transformed into a Bitcoin exchange in 2010. The founder, Jed McCaleb, later sold it to French programmer Mark Karpelès, and the platform moved to Tokyo. By 2013, it accounted for over 70% of global Bitcoin trading volume at one point, when Bitcoin was just starting to gain popularity and everyone was rushing to buy and sell here. However, good times didn’t last long. In February 2014, Mt. Gox suddenly announced that it had lost 850,000 bitcoins (750,000 from users + 100,000 of its own), which was worth about $450 million at the time. The platform suspended withdrawals, shut down, and filed for bankruptcy. Investigations revealed that hackers had been gradually stealing coins since 2011, mainly due to poor security of hot wallets and chaotic management. The price of Bitcoin plummeted directly from over $1,000 to around $400, marking the first major shock in the crypto world. After the bankruptcy, the trustee recovered 200,000 forgotten bitcoins, and a portion was left to compensate users. The process was extremely delayed, with legal disputes dragging on for more than a decade. In 2024, the formal restitution of BTC and BCH began, facilitated through platforms like Kraken and Bitstamp, allowing many creditors to finally receive their funds. However, some procedures were still incomplete, and deadlines kept being extended, moving from October 2025 to October 2026. Currently, there are still about 35,000 bitcoins left in the Mt. Gox wallet, valued at several billion dollars, waiting to be distributed to the remaining individuals. The Mt. Gox incident serves as a profound lesson: it made everyone aware of the significant risks of centralized exchanges, promoted the popularization of security measures like cold wallets, multi-signatures, and insurance, and accelerated the entry of regulation. If you are an old crypto community member, this event is a painful memory. However, the crypto market is much more mature now, but each major transfer still causes a bit of market anxiety, fearing that creditors will sell and crash the market. Nevertheless, it has been proven that the market's absorption capacity is much stronger than before.
【CZ Calls for the Industry to Eradicate Scams During Illness】
Binance founder CZ, after being released from prison, fell ill with a fever but remains concerned about industry issues. He emphasized that the cryptocurrency industry must do everything possible to eradicate scams and "poisonous attacks" to effectively protect user safety. The article reflects his determination to promote the purification and healthy development of the industry, even while unwell. $BNB {spot}(BNBUSDT) #CZ平安
#BinanceFutures joined the IR trading competition, sharing a prize pool of 1,250,000 IR! https://www.maxweb.chat/activity/trading-competition/futures-ir-challenge?ref=1154616660