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Author: Admin | 2025-04-27
Who engaged with Bitcoin before there were any marketplaces at all, and who presided over the development of the earliest exchanges, culminating in the first major exchange, Mt. Gox. Some of these early frontiersmen would go on to establish their own trading posts or fur trapping companies, akin to the Bitcoin O.G.’s who founded companies like Kraken, Grayscale, or Blockstream. It’s worth reflecting on what types of people were mountain men, and similarly, what kind of people were drawn to Bitcoin in 2011-12, before Bitcoin broke through $10 for good. In the fur trapper frontier days of the American West, it took a wild man to survive and thrive. These wild men contributed firsts. Jedediah Smith was the first to explore the Sierra Nevada mountains, cross the Mojave, and discover the crucial South Pass, a navigable route through the Continental Divide which would enable the Oregon Trail. In the process, he survived “three Native American massacres and one bear mauling.” Most early Bitcoiners have survived their share of hacks and attacks, and all have been mauled by a bear or two.These were also men of legend, whose exploits became myth and whose tales became tall. Jim Bridger liked to tell greenhorns “of his pursuit by one hundred Cheyenne warriors. After being chased for several miles, Bridger found himself at the end of a box canyon, with the Indians bearing down on him. At this point, Bridger would go silent, prompting his listener to ask, ‘What happened then, Mr. Bridger?’ Bridger would then reply, ‘They killed me.’ ” But often, these colorful tales were rooted in the remarkable experiences these men had as trailblazers. John Colter was the first to explore Yellowstone, though his claims of a boiling water shooting from the ground earned his discovery the jeering name of “Colter’s Hell.” In a similar vein, Laszlo Hanyecz was the first to spend Bitcoin for a real-world product, paying 10,000 Bitcoin for a pair of pizzas, a landmark first that has since generated plenty of jeers from a misunderstanding public.While you could say that it took an intrepid and daring man
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