Bitcoin History: The 17 Year-OId Who Lost $6.5B in Bitcoin | Pete Rizzo
A teenager built Bitcoinica, one of the first Bitcoin margin exchanges, only to see it collapse after massive hacks and the loss of tens of thousands of BTC.Archie and The Bitcoin Historian, Pete Rizzo, explains how Bitcoinica pioneered Bitcoin derivatives, the mysterious investors and developers who became involved, and how the fallout helped shape the more mature exchanges we use today.
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CHAPTERS
00:00 - Intro
02:40 - Bitcoinica
07:17 - The Original Bitcoin Economy
10:44 - Mt. Gox
12:42 - Bitcoinica Investor Buyout
18:43 - Bitcoin.com
26:39 - Bitocoinica Hack Recovery
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