Ben McKenzie

Very, very few people.

These are like really hardcore.

Cryptographers?

Nerdy cryptographers or whatever.

I guess all cryptographers are probably nerds.

That's why I say that with love.

So it's very obscure and it really didn't have a use case.

The problem was it's sort of like always sunny in Philadelphia.

I could give you a piece of paper that says it's a dollar, but why is it actually a dollar, right?

Just because I say it is, what's giving it value, which is sort of about what money is.

But anyway, there was nothing that could be bought with this stuff called Bitcoin.

There's a famous story of a guy buying two pizzas with 10,000 Bitcoin.

Yeah, whatever.

And that shows you how worthless it was at the time.

The first use case was crime.

The first use case was buying drugs and other things that were illegal on the Silk Road, which was this dark web drug marketplace where you could also order assassination attempts.

Or the guy that ran it tried to, to like an FBI agent or something.

And anyway, it got shut down by the feds.

But crypto proved, because what a blockchain is, is just a ledger of transactions.

It's just a record.