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Daniel Sempere Pico Profile picture
@BTCGandalf
Nov 21, 2021 • 14 tweets • 8 min read • Read on X
Scrolly
1/ I’m back at my hotel now with wifi so going to use this thread to share videos I took of the #bitcoin city announcement.

First, @nayibbukele entrance
2/First words
3/ Talking about El Salvador’s quick work Adopting bitcoin and the opposition attempts to sabotage
4/ The moment @nayibbukele announces #bitcoin city
5/#bitcoin city announcement continued
6/ #bitcoin city announcement continued 2
7/ Digging deeper on the details about #bitcoin city.
8/ #bitcoin city details continued including tax details
9/ @nayibbukele brings @Excellion up on stage to introduce the #bitcoin bond.

The bond was my favourite part.
10/ @Excellion breaking down the #bitcoin  bond 👏🏼👏🏼👏🏼👏🏼👏🏼👏🏼
11/ #bitcoin bond breakdown by @Excellion continued
12/ more #bitcoin bond details
13/ “NATION STATE FOMO” - @Excellion
14/ THE END, @nayibbukele LEAVES THE STAGE.

• • •

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More from @BTCGandalf

Daniel Sempere Pico Profile picture
Jun 25, 2024
How Bitcoin Saved Wikileaks

A thread 🧵👇 Image
In 2010, WikiLeaks released its most impactful leak - the Afghanistan and Iraq War Logs.

Their contents shocked the world.

They also marked the beginning of a technical, political, financial, and legal assault against WikiLeaks and its founder Julian Assange.
Everyone knows the story of Julian Assange and WikiLeaks.

But many are unaware of Julian's past as a hacker and his involvement with the cypherpunks, who championed using cryptography and other privacy-preserving technologies.

The same movement from which bitcoin was born.
Read 29 tweets
Daniel Sempere Pico Profile picture
Jun 21, 2024
Is Michael Dell buying bitcoin?

Let's see if history can give us any clues.

A thread 🧵👇 Image
In the early 2010s, Dell's business was struggling as consumers were shunning laptops in favour of smartphones and tablets.

But Michael Dell is not one to give up easily. He wanted to turn the company around away from Wall Street's prying eyes.
Michael Dell isn't afraid to make bold bets.

In 2013, after 24 years as a public company, Michael Dell partnered up with a private equity firm to take Dell private through a leveraged buyout at a valuation of US$24.4 billion. Image
Read 15 tweets
Daniel Sempere Pico Profile picture
Jun 2, 2024
If you weren't around in the early days—this is the unbelievable story of how a sheep farmer’s son became an internet pioneer, discovered bitcoin at $3, and infected dozens of billionaires with bitcoin fever.

Meet Wences Casares aka Bitcoin’s Patient Zero 🧵👇 Image
Born in 1974, Wences was raised on a sheep ranch in the beautiful but remote region of Patagonia, Argentina.

The closest town, which consisted of just a shop and post office, was 100km (60 miles) away down a dirt track.

It was an isolated upbringing. Image
The 1980s and '90s were financially turbulent years for Argentinians, who experienced hyperinflation, currency devaluation, and the confiscation of their bank deposits. Image
Read 43 tweets
Daniel Sempere Pico Profile picture
May 22, 2024
14 years ago, Laszlo Hanyecz purchased two Papa Johns pizzas for 10,000 BTC ($41).

Today, 10,000 BTC are worth $700 million and could buy a 40% stake in Papa Johns 🤯

Here's the story of the world's most expensive pizzas (like you've never heard before):

🧵 Image
Bitcoin was just 1.5 years old back in 2010.

Users were a colourful mix of cryptographers, computer nerds, and the odd anarcho-capitalist libertarian. The digital currency was hard to get and even harder to giveaway.

It had almost no monetary value (1 BTC was less than a penny)
It was so early that users even came up with novel ways to encourage bitcoin adoption,

resorting to tactics such as giving BTC away for free through websites called bitcoin faucets.

Imagine. 5 bitcoins for solving a captcha. Image
Read 40 tweets
Daniel Sempere Pico Profile picture
May 5, 2024
This is Dr. Adam Back, one of only a handful of cryptographers and cypherpunks cited in the Bitcoin White Paper.

In 2013, he spent 4 months trying to improve bitcoin. Despite having a PhD in Distributed Systems, he failed.

So, why is it so difficult to improve Bitcoin? 🧵 Image
To answer this question, we must go back to the beginning and first answer, "What is bitcoin?"

According to the white paper, bitcoin is a peer-to-peer electronic cash system.

In other words...
... Bitcoin is software that users can run on their computers. It allows them to transact directly with each other using its native currency, also called bitcoin.

No permission is required and no single person, company, or government controls it.
Read 26 tweets
Daniel Sempere Pico Profile picture
Apr 20, 2024
Why This Halving Is Different

A thread 🧵 Image
The number of new bitcoin issued per block just halved.

This is nothing new. It's happened every 210,000 blocks (approximately every 4 years) since bitcoin was launched. Satoshi programmed bitcoin to do this.

So what makes this halving different?
To better understand this, we need a short history lesson.

Two things happened during the last two years that changed everything. I'm going to explain one of them using an analogy that I've never heard anyone use before and that makes it very easy to understand.

Ready?
Read 33 tweets

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