The Bitcoin Historian Profile picture
Aug 4 16 tweets 6 min read Read on X
This is Andrey.

In 2010, he sold stick figures for $3 million in #Bitcoin.

The price was $0.50.

The Untold Story of 'Shazow': the unknown artist who kickstarted the $2.2 trillion crypto economy 🔥 Image
1/ In 2010, Andrey sold drawings for #Bitcoin

It all started when someone on the forums offered to pay for an image of “a stick figure sending bitcoins.”

He made this sketch under the handle 'Shazow' and earned 1 $BTC Image
2/ Back then, #Bitcoin users WANTED to spend their coins

Over the coming weeks, Shazow made OVER 55 BTC –– worth over $3 million today...

But that’s not the best part of this story… Image
3/ All this happened weeks before the 1st #Bitcoin bull run

The price surged to an all-time high above $30

Shazow quickly made 3,502% in profit Image
4/ But Shazow wasn’t in it for the money.

Back then, #Bitcoin users didn’t know if the network would work

Today, Shazow calls it all a “fascinating experiment…” Brilliant people were uniting to end fiat money Image
5/ One user asked Shazow to draw a “cyborg crypto-anarchist riding an alpaca" for 2.13 BTC.

He requested the rider hold a flag with ‘A3’ on it

A3 stands for Assessment, Assembly, Action. It was a meme used by cypherpunks who wanted to change the world. Image
6/ Next, Shazow started a fundraiser

He wanted to turn his hand drawn stick figure into vector art.

Forum users raised 21 $BTC for him in just 1 week. Image
7/ Soon, the requests were pouring in

Users started asking for more difficult drawings – like one explaining Bitcoin's cryptography

Shazow said this was his most difficult drawing – but it earned him more $BTC Image
8/ Another asked him to draw #Bitcoin developer – Gavin Andresen

He pictured Gavin burning fiat currency with a flamethrower

He called it "The Gavinator” Image
🛑 DON'T RISK LOSING YOUR BITCOIN 🛑

Here's why Rizzo uses a self-custody service to help him manage his generational wealth
9/ Here’s Shazow’s drawing of #Bitcoin creator Satoshi Nakamoto

He’s having a gun fight with Fed chair Ben Bernanke

This drawing earned him 2.14 BTC Image
10/ Another request was for a drawing of #Bitcoin fighting the state

Shazow wanted to show crypto was impossible to stop

This picture earned him 5 $BTC Image
11/ Others wanted more peaceful images

In one drawing, Shazow was asked to show how #Bitcoin might peacefully coexist with fiat currencies

This drawing earned him 2 $BTC Image
12/ Some wanted Shazow to promote their own personal projects

One user asked for a drawing of his band’s name

For this drawing, he earned 20 $BTC. The band is still playing today Image
13/ Another wanted to show him and his bandmates rocking out

This drawing earned him 3 #Bitcoin

But here's the most legendary part of this entire story… Image
15/ Andrey still HODLs the #Bitcoin he earned from his art

That makes him one of the longest active holders ever

Today, he’s still making art for fun

A silent early legend ✨ Image

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More from @pete_rizzo_

Jul 31
Why Andreas Antonopoulos Is A #Bitcoin legend

Evangelized to empty rooms when $BTC was $80
Orange pilled millions with books and videos

A thread. Image
1/ A security consultant, Andreas discovered #Bitcoin in 2011, but he dismissed it at first as "nerd money."

The next time he fell down the rabbit hole.

He spent 4 months studying 18 hours a day. He lost 26 pounds.
2/ Andreas' first famous talk came at the #Bitcoin 2013 conference.

$BTC was trading at ~$80

Only 5 people were in the audience.
Read 18 tweets
Jul 25
16 quotes that explain why #Bitcoin is going higher than $70,000

| Thread
1/17 Image
#Bitcoin is a revolution – @giacomozucco
2/17 Image
@giacomozucco #Bitcoin empowers – @naval
3/17 Image
Read 17 tweets
Jul 21
14 EPIC quotes from when #Bitcoin was under $30

| Thread Image
1. "Just as Americans were supposed to have 'a nation of laws and not men,' #Bitcoin is a currency of laws and not men. Bitcoin is at the whim of no person or group."

– Erik Voorhees | September 12, 2011 | $5.40
2. #Bitcoin price: $12.91 Image
Read 16 tweets
Jul 17
Why Martti Malmi Is A #Bitcoin legend

Mined over 55,000 $BTC when it was $0
Completed the 1st BTC trade
Righthand man to Satoshi

A Thread 🧵 Image
1. Martti discovered #Bitcoin in May 2009, when the currency was practically worthless.

He started mining and helped Satoshi review his code.

He dedicated his spare time in college at the time Image
2. Martti penned one of the 1st defenses of #Bitcoin for

He argued it would "separate money and state."

He defended Satoshi against the early goldbugs who said it lacked "intrinsic value." Anti-State.org
Image
Read 15 tweets
Jul 14
He bought 260,000 #Bitcoin for $0.01 each

His exchange ERASED the trade

The TRAGIC STORY of Kevin Day, who lost $16 billion in the biggest crypto rollback in history 👀Image
1/ Kevin Day was a 1990s geek from Nebraska.

A video game developer, he worked on classics like Mortal Kombat 4, NBA Showtime, and NFL Blitz.

He even once met Luke Skywalker himself – Mark Hamill Image
2/ In his spare time, Kevin worked on the internet.

When his startup closed in the Dot-Com Crash, he went on hosting websites.

That’s what attracted him to #Bitcoin – he loved the freedom of web culture. Image
Read 18 tweets
Jul 12
Meet #Bitcoin Sign Guy: The Man, The Legend

Told the world to buy $BTC at $2,000
Sworn enemy of the Federal Reserve
Made investors 2,500% returns

A thread. Image
1/ In 2017, Christian Langalis held up a sign behind Janet Yellen

The sitting chair of the U.S. central bank

It made him a hero overnight in #Bitcoin, but that's not where his story begins... Image
2/ Just 25 years old, Christian began his career at a global macro fund

There, he was the "young #Bitcoin kid" who wasn't taken seriously.

He realized markets were fake. He started buying $BTC
Read 16 tweets

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