By Pete Rizzo, The Bitcoin Historian

Back then, Bitcoin was the toast of the financial mainstream. Books were being written about the subject, Bloomberg hosted a “12 Days of Bitcoin” Christmas special (where the host got robbed on air), and every Silicon Valley thought leader had an opinion about its future.

Then, reality hit. The trough of disillusionment. Startups pivoted and failed. 

These were my formative years in the Bitcoin industry. I never stopped believing that the world envisioned by the technologists of the day was possible, but sky-high price projections felt far away. Bitcoin was embroiled in a civil war, there was a fight over what the infrastructure of blockchains would be and banks were even offering private versions of the technology.

Suffice to say, if you had asked me then to imagine what the world would be like when Bitcoin hit $100,000, I would have likely had the following

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