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06/01/2025

On May 22, 2010, a programmer named Laszlo Hanyecz offered 10,000 Bitcoins to anyone who could get him two Papa John's pizzas delivered to his doorstep. At the time, Bitcoin was still a relatively new and obscure cryptocurrency.

Jeremy Sturdivant, a fellow programmer, accepted the offer and ordered the pizzas. The transaction was facilitated through the Bitcointalk forum.

Adjusted for inflation, those 10,000 Bitcoins would be worth approximately $570 million in today's value!

This anecdote has become a legendary part of Bitcoin's history, symbolizing the cryptocurrency's humble beginnings and the potential for massive growth.

Don't joke with the Pi Network. Don't sell your Pi. Don't trade your Pi for common pizza.

04/01/2025

President Joe Biden announced on Friday his decision to block the $14.9 billion acquisition of United States Steel Corp. by Japan’s Nippon Steel Corp, citing foreign ownership would threaten national security and undermine critical supply chains. In a statement released by the White House, Biden emphasized the critical role of steel in supporting the nation’s infrastructure, defense, and industrial base.

He also highlighted a surge in domestic manufacturing and noted that over 100 new steel and iron mills had been established during his administration.

The President underscored efforts to combat unfair trade practices, including tripling tariffs on steel imports from China. These measures, he said, aim to protect American jobs and restore competitiveness for domestic producers.

“U.S. Steel will remain a proud American company – one that’s American-owned, American-operated, by American union steelworkers – the best in the world,” he said.

In a joint statement, the companies condemned Biden’s decision and called it unlawful. The statement read, “We are dismayed by President Biden’s decision to block Nippon Steel’s acquisition of U. S. Steel, which reflects a clear violation of due process and the law governing CFIUS. Instead of abiding by the law, the process was manipulated to advance President Biden’s political agenda. The President’s statement and Order do not present any credible evidence of a national security issue, making clear that this was a political decision. Following President Biden’s decision, we are left with no choice but to take all appropriate action to protect our legal rights.

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