<p>We had to do it. After 12 years and <em>3,000,000x</em> appreciation, we kick off Season 8 with the best investment of all-time and our biggest episode ever: Bitcoin. From the first bitcoin transaction of 10k for two Papa John's pizzas (worth about $350m today!!) to $40k+ BTC and maybe the moon beyond, we cover the whole crazy, improbable journey of how a single 8-page PDF document changed the world of money — and perhaps the world itself — forever. </p><p><br></p><p></p><p><strong>Sponsors:</strong></p><ul><li>Legora: <a href="https://bit.ly/acquiredlegora">https://bit.ly/acquiredlegora</a></li><li>Vanta: <a href="https://bit.ly/acquiredvanta">https://bit.ly/acquiredvanta</a></li><li>ServiceNow: <a href="https://bit.ly/acquiredservicenow26">https://bit.ly/acquiredservicenow26</a></li><li>Statsig: <a href="https://bit.ly/acquiredstatsig26">https://bit.ly/acquiredstatsig26</a></li></ul><p><br></p><p><strong>More Acquired!</strong></p><ul><li><a href="https://www.acquired.fm/email">Get email updates</a> with hints on next episode and follow-ups from recent episodes</li><li><a href="http://acquired.fm/slack">Join the Slack</a></li><li><a href="https://pod.link/acquiredlp">Subscribe to ACQ2</a></li><li><a href="https://www.acquired.fm/store">Merch Store</a>!</li></ul><p><br>© Copyright 2015-2026 ACQ, LLC</p><br><p>The Bitcoin Playbook is available on our website at <a href="https://www.acquired.fm/episodes/bitcoin">https://www.acquired.fm/episodes/bitcoin</a></p><p><br></p><p>Links:</p><ul><li>Satoshi's Whitepaper: <a href="https://www.bitcoin.com/bitcoin.pdf">https://www.bitcoin.com/bitcoin.pdf</a></li><li>Matt Huang's "Bitcoin for the Open-Minded Skeptic": <a href="https://www.paradigm.xyz/Bitcoin_For_The_Open_Minded_Skeptic.pdf">https://www.paradigm.xyz/Bitcoin_For_The_Open_Minded_Skeptic.pdf</a></li><li>Nellie Bowles's "Everyone Is Getting Hilariously Rich and You’re Not": <a href="https://www.nytimes.com/2018/01/13/style/bitcoin-millionaires.html"> https://www.nytimes.com/2018/01/13/style/bitcoin-millionaires.html</a></li><li>Square’s $50m investment in BTC: <a href="https://images.ctfassets.net/2d5q1td6cyxq/5sXNrlEh2mEnTvvhgtYOm2/737bcfdc15e2a1c3cbd9b9451710ce54/Square_Inc._Bitcoin_Investment_Whitepaper.pdf"> https://images.ctfassets.net/2d5q1td6cyxq/5sXNrlEh2mEnTvvhgtYOm2/737bcfdc15e2a1c3cbd9b9451710ce54/Square_Inc._Bitcoin_Investment_Whitepaper.pdf</a></li></ul><p>Episode Sources: </p><ul><li>Full list of episode sources available here: <a href="https://docs.google.com/document/d/16QCDNm2qzG3Bn5h1j1KXisxL_JGT7egDx7czX9ThHLY/edit?usp=sharing"> https://docs.google.com/document/d/16QCDNm2qzG3Bn5h1j1KXisxL_JGT7egDx7czX9ThHLY/edit?usp=sharing</a> </li></ul>