Redditor Julian702 posts the first known usage of "This is good for Bitcoin" on r/bitcoin, unwittingly coining one of the internet's most enduring sarcastic phrases. The expression becomes the definitive response to every piece of bad news in the Bitcoin world — exchange hacks, government bans, price crashes, celebrity criticism. If it exists, it's good for Bitcoin. The meme perfectly captures Bitcoiners' irrepressible optimism in the face of everything.
Know Your Meme: This Is Good For Bitcoin