Historic Bitcoin Satoshi Statement Surfaces as Identity Mystery Deepens

πŸš€ The Bitcoin Truth Bombs: 15 Years of Satoshi’s Scarcity Secrets! 🀯

Historic Bitcoin Satoshi Statement Surfaces as Identity Mystery Deepens

Oh my, oh me! It’s a Bitcoin blast from the past! A statement believed to have been made by the elusive Satoshi Nakamoto has resurfaced, and it’s making waves in the crypto world! 🌊

Bitcoin historian Pete Rizzo shared Satoshi’s statement on the scarcity of Bitcoin, made 15 years ago when the precious cryptocurrency was worth a paltry $0.01. Can you believe it? πŸ’Έ

✨ Satoshi Nakamoto on the scarcity of #Bitcoin at $0.01, exactly 15 years ago. Only 21 million πŸš€

β€” The Bitcoin Historian (@pete_rizzo_) February 6, 2025

On February 6, 2010, Satoshi stated that the total supply of Bitcoin would never exceed 21 million coins, a feature that has remained a pillar of Bitcoin’s value proposition. Mind blown, right? 🀯

The statement by Satoshi, “Eventually at most only 21 million for 6.8 billion people in the world,” touched on Bitcoin’s fixed supply of 21 million BTC. Genius, pure genius! πŸ€“

Satoshi’s statement has grown in significance over time as Bitcoin’s value has risen, and it has come to be viewed as a store of value, similar to digital gold. And, oh boy, is it worth something now! πŸ’Έ At the time of writing, Bitcoin was up 0.45% in the last 24 hours to $98,664, with a market valuation of $1.95 trillion. Whoa! 🀯

Satoshi’s identity mystery deepens

The ongoing mystery surrounding Satoshi Nakamoto’s identity took another turn when Coinbase Director Conor Grogan revealed new findings. The plot thickens, folks! πŸ•ΈοΈ

In a tweet, Grogan revealed that he searched into Satoshi Nakamoto’s wallets and went on to post a thread of new findings that he believes have not been previously reported. The cat’s out of the bag, or should I say, the Bitcoin is out of the wallet? 🐈

Grogan speculated that Satoshi was last active on-chain in 2014 and may have utilized a Canadian Bitcoin exchange. Kraken may also know Satoshi’s identity. Theories, theories, everywhere! πŸ€”

A Patoshi Mining Pattern set of addresses was recently cataloged by Arkham, while this cannot be definitively linked to Satoshi, there is good evidence. Hmm, intriguing! πŸ”

In all, this research indicates that Satoshi owns 1.096 million BTC worth $108 billion. There are 24 documented outbound sends from these addresses, with the most prevalent destination address being 1PYYj, which got BTC from Cavirtex, a Canadian exchange. According to Grogan, this is the first documented on-chain transaction involving a Satoshi-linked wallet and a CEX. The game’s afoot, folks! 🎲

This latest finding, according to Grogan, is the first set of evidence in years that might suggest that Len Sassaman was not Satoshi. The plot thickens, indeed! 🀯

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2025-02-06 18:53