Supply Shock

He Bought Bitcoin at $80 — Why He's Buying at $100,000 | Isaac Miller

16 snips
Jun 10, 2025
Isaac Miller, a Bitcoin OG and web developer, shares his unique journey from early adoption in 2013 to becoming a cultural figure through viral videos. He reflects on Bitcoin's transformation, discussing how its ethos has shifted from cypherpunk ideals to mainstream corporate backing. Miller also emphasizes Bitcoin as a foundational freedom technology amidst growing speculation around meme coins, encouraging listeners to reconnect with Bitcoin's true potential and the importance of community in this ever-evolving landscape.
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ANECDOTE

Early Bitcoin Adoption Story

  • Isaac Miller bought his first Bitcoin around $80 in 2013 and was part of the early cyberpunk and hacker community using Bitcoin.
  • Early adopters like him bought cups of coffee with Bitcoin and believed in its high potential.
INSIGHT

Bitcoin's Shift From Cash to Investment

  • Bitcoin has shifted from a disruptive payment tool to primarily an investment vehicle as fees rose with mass adoption.
  • This change altered its original narrative as digital cash to now more of a long-term store of value.
ANECDOTE

Bitcoin Pizza Moment With A Neon Sign

  • Isaac spent bitcoins on a custom Bitcoin neon sign reading "be accepted here," now a very expensive purchase.
  • He does not regret it as spending Bitcoin helped give it legitimacy and foster growth.
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