π The Bitcoin Truth Bombs: 15 Years of Satoshi’s Scarcity Secrets! π€―
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! π
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? πΈ
β¨ Satoshi Nakamoto on the scarcity of #Bitcoin at $0.01, exactly 15 years ago. Only 21 million π
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? π€―
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! π€
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! πΈ 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! π€―
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! πΈοΈ
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? π
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! π€
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! π
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! π²
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! π€―
Read More
- Top 8 UFC 5 Perks Every Fighter Should Use
- Unlock the Magic: New Arcane Blind Box Collection from POP MART and Riot Games!
- Unaware Atelier Master: New Trailer Reveals April 2025 Fantasy Adventure!
- Unlock the Best Ending in Lost Records: Bloom & Rage by Calming Autumnβs Breakdown!
- Unlock Roslit Bayβs Bestiary: Fisch Fishing Guide
- How to Reach 80,000M in Dead Rails
- REPO: How To Fix Client Timeout
- Unleash Hell: Top10 Most Demanding Bosses in The First Berserker: Khazan
- Reverse: 1999 β Donβt Miss These Rare Character Banners and Future Upcoming Updates!
- How to Unlock the Mines in Cookie Run: Kingdom
2025-02-06 18:53