𧔠The Untold Story of Martti Malmi: Bitcoin's Second Developer đ§”
á 1/11
âč Without Martti Malmi, cryptocurrency might not exist as we know it.
âč Hereâs a look at his pivotal role in Bitcoin's developmentâŠ
á 2/11
âč In 2009, Martti discovered Bitcoin and started mining.
âč He mined over 55,000 BTC, which he sold for pennies at the time.
á 3/11
âč As Bitcoin's popularity grew, Martti became its first developer, helping Satoshi Nakamoto with the code.
á 4/11
âč Martti saw Bitcoin as a revolutionary financial tool.
âč He believed, âSystems like Bitcoin can undermine state exploitation of citizens.â
á 5/11
âč His early work defending Bitcoin spurred rapid technological development.
âč Satoshi often thanked him through letters.
á 6/11
âč Martti, under the pseudonym Sirius, engaged in forums, answering questions and defending Bitcoin from critics.
á 7/11
âč He was the first to set a Bitcoin price, selling 5,000 BTC for $5 in late 2009.
âč Today, that would be worth about $325M.
á 8/11
âč Martti promoted Bitcoinâs benefits:
- Fast global transactions
- Protection from central banks
á 9/11
âč After selling his BTC, Martti created his own exchange with $3,600 from Satoshi, launching it in 2010.
á 10/11
âč By 2011, he sold all his BTC to cover living expenses, purchasing an apartment.
á 11/11
âč Today, Martti works on **Nostr**, a project gaining market attention.
âč He believes Bitcoinâs vision was successfully realized.
