May 22 was that time again: the Bitcoin community celebrates Bitcoin Pizza Day. After all, exactly 12 years earlier, Laszlo Hanyecz was the first person to trade a commodity for Bitcoin. The incredible sum of 10,000 BTC that he had to put on the table back then would be worth $300 million today. However, Hanyecz has done the BTC community an honorable service with what is probably the most expensive pizza in the world. Because someone had to take the first step.
So, David and Sven talk about Bitcoin Pizza Day, its importance to crypto culture, and more importantly, what we can learn about the money from the deal.
Tether: The USDT Debacle
Terra (LUNA) has once again started the discussion on stablecoin hedging. In the podcast, Sven and David talk about an old culprit in the undercover crypto environment: is Tether covered or not? And what can investors learn from the capers surrounding USDT?
That and more in episode 115 of the BTC-ECHO Recap Podcast.