exchange

Entries tagged with this topic. Spans across types and sources — explore connections between people, events, and themes.

5 entries

Event July 18, 2010 Added July 26, 2026 Updated September 20, 2026 Biography

Jed McCaleb (1975–) — built Mt. Gox, then built two chains designed to remove mining

Jed McCaleb

Created Mt. Gox in 2010 and sold it in 2011, then co-created the XRP Ledger and Stellar. Says the whitepaper convinced him double-spend was solvable at all.

Event January 5, 2010 Added February 9, 2026 Updated April 26, 2026 Private Correspondence 260 messages

Satoshi ↔ Martti Malmi Correspondence

Martti Malmi ↔ Satoshi Nakamoto

Malmi reports that a Django-powered prototype of bitcoinexchange.com is running and discusses plans for hyperbolic supply-demand pricing.

Event October 12, 2009 Added February 22, 2026 Updated September 13, 2026 Article

First Bitcoin sale for fiat — Martti Malmi sells 5,050 BTC for $5.02

Martti Malmi ↔ NewLibertyStandard

Martti Malmi sells 5,050 BTC to NewLibertyStandard for $5.02 via PayPal — the first known Bitcoin-to-fiat exchange, establishing a real-world price of ~$0.001 per BTC.

Event July 22, 2009 Added February 8, 2026 Updated September 20, 2026 Article

Re: Bitcoin - First exchange proposal

Martti Malmi ↔ Satoshi Nakamoto

Malmi proposes creating a Bitcoin-to-fiat exchange service, detailing pricing formulas and profit mechanisms. This led to one of the first Bitcoin exchanges and the historic first BTC-to-USD sale.

Event April 14, 2009 Added March 1, 2026 Updated March 1, 2026 Private Correspondence 14 messages

Satoshi ↔ Mike Hearn — Initial Questions

Satoshi Nakamoto ↔ Mike Hearn

Satoshi mentions implementing a marketplace feature like eBay and offers to send Mike coins for testing.