10 Years Ago Today: The First Mt. Gox BTC Trade

Plus some new Bitmain drama

Happy Friday, Blockfolians

The Lede

This week was crazy by any measure. It started with Tesla looking more like Dogecoin in 2017. It featured the biggest hack in social media history that featured folks like Barack Obama and Kanye West scamming for bitcoin.

So to ease into what is (hopefully) going to be a relaxing weekend, let’s do the history thing.

True Believers Cheer the Fall of Bitcoin Exchange Mt. Gox - Bloomberg

Clark Mooney pointed out on Twitter that today is the 10th anniversary of the first ever Mt. Gox bitcoin trade. Gox would go on to infamy - a symbol of the scammy and dangerous side of crypto. But when it started, it represented new futures and new possibilities. Worth reading Clark’s whole piece.

Hope you all have a great weekend! Catch ya Monday.

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