• bitcoin shirt

    HODL is not just a meme. It's a way of life.

    shop Bitcoin shirts and more

#HODL 🤚 Pays Off

Hodlers united

Retro Sunset Bitcoin Shirt

The Hodler Manifesto

HODL Gladiator Bitcoin Shirt

Bitcoin Shirt

Bitcoin emerged in 2008 shortly after Occupy Wall Street accused major banks of misusing borrowers' money, deceiving customers, manipulating the system, and charging expensive fees. It was the concern of the Bitcoin pioneers to give sellers the responsibility to eliminate middlemen, remove interest fees and make transactions transparent in order to prevent corruption and lower fees. So a decentralized system has been created where you control your funds and understand what is happening. Bitcoin has come a long way in a relatively short time. Companies all over the world accept this currency, from REEDS Jewelers, a large jewelry chain in the USA, to the private hospital in Warsaw. Billion dollar companies like Tesla, Dell, Expedia, PayPal, and Microsoft do too. Websites promote it, publications like Bitcoin Magazine publish news, forums discuss cryptocurrency and trade in the coins. It has an application programming interface (API), price index, and exchange rate. Problems include thieves hacking accounts, high volatility and delays in transactions. On the other hand, Bitcoin offers people in third world countries a very reliable way to pay and receive money.

What began as a gimmick by some computer experts has turned into a gigantic success story. The following anecdote illustrates the rapid rise of Bitcoin: In May 2010, Florida programmer Laszlo Hanyecz offered 10,000 Bitcoins in an Internet forum to anyone who orders a pizza. A british guy accepted the deal and ordered two pizzas for Hanyecz online. As promised, he received 10,000 Bitcoins for this, which at the time were worth 30 euros. The programmer made the man a millionaire: Today, 10,000 Bitcoins, depending on the exchange rate, are worth 400 to 500 million dollars!