RATE Group | Bitcoin History Part 14: The 1,000 BTC Poker Game
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Bitcoin History Part 14: The 1,000 BTC Poker Game

09 Aug Bitcoin History Part 14: The 1,000 BTC Poker Game

Posted at 11:52h in Bitcoin News by

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Bitcoin and poker have a history that stretches back to the very start. Perhaps, even, to before the start of Bitcoin as we know it, for there is evidence that Satoshi had a background in poker. What’s beyond dispute is that in March 2010, the world’s first bitcoin poker tournament took place, with the nascent digital currency serving as the unit of account. The buy in was set at 50 BTC, with the victor walking away with the then-worthless prize of 1,000 BTC.

Also read: Bitcoin History Part 13: The First Mining Pool

The World’s First Pseudonymous Poker Game

“BitcoinFX” was an early Bitcointalk forum user whose claims to fame include establishing the first bitcoin to fiat exchange, which operated by email only, in 2010. That same year, BitcoinFX achieved another first when he organized the first bitcoin poker game. In a thread posted March 10 titled “The Worlds First Sudo-Anonymous Poker Tournament,” BitcoinFX wrote: “I’ve decided to run a…

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