Bitcoin · Wealth · Business

I bought my first
itcoin in 2011.
I'm still here.

$1.07My first buy · 2011 —Since that trade — Bitcoin now

2011 → today · log scale · peak $126K in 2025

The newsletter

The Long Position

Where I think this goes, when I'm buying, and what I've changed my mind about — before it shows up anywhere else.

Writing 03 Sep 2026

If you own zero Bitcoin today, I believe you're taking a much bigger financial risk than you realize. I'm not saying you should put

3 min read Read →

Writing 27 Aug 2026

In 2011, I bought 1,000 Bitcoin at approximately $1.07 a coin. I was in Palo Alto, California, at the offices of Kosmix (now Walmart Labs), and

5 min read Read →