this post was submitted on 13 Jun 2026
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Political Memes

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[–] TranscendentalEmpire@lemmy.today 25 points 1 week ago (1 children)

Yep.... Bitcoin didn't really take off until 2010. I had a buddy who was an early adopter and had mined/bought hundreds of thousands of coins at one point. Spent it all on the silk road, he always used to say it was just a way to turn electricity into drugs.

[–] SpaceNoodle@lemmy.world 3 points 1 week ago (2 children)

No, it literally didn't exist until 2008, and even then only conceptually for another year.

[–] TranscendentalEmpire@lemmy.today 10 points 1 week ago (1 children)

That's why I said it didn't really take off until 2010.... As in people started to actually trade it for actual goods.

[–] SpaceNoodle@lemmy.world -3 points 1 week ago (1 children)

Well, it's a bit of an understatement.

[–] TranscendentalEmpire@lemmy.today 8 points 1 week ago (1 children)
[–] SpaceNoodle@lemmy.world 5 points 1 week ago

Only a bit. I've been trying to tone it down.

[–] billwashere@lemmy.world 3 points 1 week ago (1 children)

It technically didn’t exist until 2009. Before that it was a white paper.

[–] SpaceNoodle@lemmy.world 3 points 1 week ago (1 children)

Yes, which is why I said "conceptually" for the time between the original paper and the first implementation.

[–] billwashere@lemmy.world 3 points 1 week ago

You did indeed. My bad.