Michelangelo ValtancoliAngel Investor, Various Startups · Investing + building at Various Startups

The unusual rise to fame of Bitcoin

7 Jul 2023 · 1 min

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In this brief monologue, the speaker highlights Bitcoin’s extraordinary evolution from its 2009 inception as a virtually unknown digital asset to a worldwide platform with tens of millions of users and a market valuation in the hundreds of billions of dollars. He emphasizes that this growth occurred without any traditional corporate hierarchy—no CEO, managers, or employees—making Bitcoin a historically unprecedented, leaderless financial system that continues to astonish him.

Chapters

If you look at the template for the entire industry, which is Bitcoin, has managed to grow from being nothing in 2009 when it was launched to being a global platform today, present in every country that has dozens of millions of users, that is worth several hundreds of billions of dollars in market value. And we got to that point without having a CEO, without having managers employed by a corporation. And in fact, without even having employees, we've never had that in the history of humankind. And I'm still amazed by it because there is definitely something new here.