BITCOIN SEASON 2: 5 Facts You Didn’t Know About Bitcoin!

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4.7 • 698 Ratings

🗓️ 26 April 2025

⏱️ 45 minutes

🔗️ Recording | iTunes | RSS

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Summary

The untold story of "Bitcoin Pizza Guy"! Satoshi's wanted POKER in Bitcoin? Bitcoin has bugs? Is 21 million a MYTH? You're listening to Bitcoin Season 2. Subscribe to the newsletter, trusted by over 12,000 Bitcoiners: https://newsletter.blockspacemedia.com Charlie and Colin explain 5 things you probably didn’t know about Bitcoin. Satoshi's original Bitcoin client included a poker program. Did you know Bitcoin has an off-by-one error in Bitcoin's difficulty adjustment? We debunk the myth that the 21 million cap is mentioned in the whitepaper and explore three critical inflation bugs that threatened Bitcoin. Lastly, we tell the story of how "Bitcoin Pizza Guy" Laszlo Hanyecz was actually a pioneering contributor to Bitcoin's development and mining technology. Notes: - Original Bitcoin client included a poker client - Difficulty adjustment calculation uses 2015 not 2016 blocks - 21M supply cap not mentioned in Bitcoin whitepaper - 2010 inflation bug created 184 billion Bitcoin - Bitcoin Pizza guy spent ~100,000 BTC, not just 10,000 Follow our guests: @cbspears @asilayhodling @btcszn2 Timestamps: 00:00 Start 02:05 Bitcoin & Poker 09:12 Difficulty Adjustment 2015 Blocks 13:02 21M Supply (or not?) 17:55 Arch 18:28 3 Bugs 29:06 Bitcoin Pizza Guilt 39:58 BONUS: HFSP - 👉 Brought t o you by Arch Network! Arch brings the speed of Solana & the best of crypto UX to Bitcoin. Tap into the rich app ecosystem on Arch & try out the testnet while you’re still early! Visit arch.network to learn more. - 👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech! Enjoy the show? Check out our website and newsletter by clicking here. Questions or want to sponsor? hello@blockspace.media See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:00.0	Top five things you didn't know about Bitcoin.
0:02.0	We are counting down the five facts that you haven't heard about the biggest blockchain.
0:08.1	Bitcoin Season 2 is brought to you by Arch Network, the protocol building bridgeless apps on Bitcoin.
0:13.7	More on Arch later on the show.
0:15.2	Let's kick it off.
0:23.5	Okay, we're back.
0:25.0	Welcome back to Bickwood Season 2.
0:26.2	This is Charlie and Colin.
0:29.6	We are the co-writers, the screenwriters of Bickwin season 2.
0:31.7	We tell you what's going to happen before it happens.
0:36.6	Colin, what are you excited to talk about today?
0:40.6	Well, in this case, we're going to be talking about the things that have already happened and let you know about the things that maybe you didn't know that happened with Bitcoin's early history.
0:45.7	There are a lot of little Easter eggs hidden throughout the annals of Bitcoin, and we're going to be unpacking some of those today.
0:53.4	Some of them you have already heard of, those today. Some of them you have already
0:54.6	heard of, no doubt. Some of them you may think you know the full story on, but I guarantee you
0:59.4	that there's more hiding behind the pages. So the ones that I'm most excited about are, at least
1:05.4	the two I will be presenting on, our boy Lazzo Hanyek, widely known infamously as Bitcoin Pizza Guy,
1:12.8	actually did a crap ton for Bitcoin in the early days
1:15.9	and was kind of the forefather of professional mining in a way,
1:20.5	which we'll get into in a little bit.
1:22.2	Also, I'm really excited about these unknown hard forks and inflation bugs
1:27.3	that if they had occurred today,
	...

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