Early Bitcoin Price Stories

Palmer Luckey shares a story about his very early involvement in Bitcoin, before exchanges existed.

"I've actually been involved in Bitcoin since before there were any exchanges. I was a true OG on the bitcointalk.org forums - there were no exchanges, you could only do direct transactions for goods.

I actually sold a banner ad on my game console modification forum. It was a one-week banner ad on this forum with almost no traffic, and I sold it for 400 Bitcoin. Then I ended up buying someone's Samsung Galaxy Vibrant, which was the T-Mobile variant of the first Galaxy phone, for 800 Bitcoin.

At the time, Bitcoin was well under a dollar per coin. I was in there in the very early days."

PL

Palmer Luckey

Founded Oculus VR at 19, revolutionizing virtual reality before selling to Facebook for $2 billion.

After leaving Facebook, launched Anduril Industries, a defense company valued at $8.48 billion.

Now leads ModRetro, creating tributes to classic gaming consoles like the Nintendo Game Boy.

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