He got 500,000 $BTC from Satoshi Nakamoto
He is still active in crypto and know BTC secrects...
Here's his story revealš§µš
Before thread start...
ā¹ Make sure to follow me and bookmark the first tweet so you won't lose it and future threads later
į 1/11
ā¹ Without this person, the existence of cryptocurrency would be in question...
ā¹ Martti Malmi - the man who helped Satoshi Nakamoto promote the cryptocurrency ecosystem
ā¹ I have found all his key contributions to the industry, and here is his story...
į 2/11
ā¹ Martti started his journey in 2009 when he first heard about the new currency - BTC
ā¹ After conducting a brief analysis, he decided to start mining
ā¹ In a short time, he managed to mine over 55,000 $BTC, which eventually sold for pennies...
į 3/11
ā¹ Interest in BTC was increasing daily, so he continued to study the technology
ā¹ Within a few months, Martti became the first BTC developer
ā¹ He helped Satoshi Nakamoto test the source code at the beginning
į 4/11
ā¹ He firmly believed that $BTC was a new era of finance that would help the world
ā¹ In old records, he often quoted - "Systems like Bitcoin can undermine the ability of states to exploit citizens"
ā¹ From the very beginning, Martti believed in the great future of $BTC
į 5/11
ā¹ Martti's first work was - the defense of $BTC, written for anti-state.org
ā¹ This led to the rapid development of the entire technology
ā¹ Satoshi thanked Martti for his work many times through letters
į 6/11
ā¹ Within a few months, Martti actively participated in various discussions on forums
ā¹ Under the pseudonym Sirius, he answered early users' questions in the form of FAQs
ā¹ There were also many critics, from whom Martti defended the growing technology
į 7/11
ā¹ Martti was the first user to set a price for $BTC
ā¹ This happened at the end of 2009 when he sold 5,000 BTC for $5
ā¹ At today's rate, this sale would be valued at ā $325M
į 8/11
ā¹ According to Martti, the main advantages of BTC are:
Speed of money transfers anywhere in the world
Protection from centralized banks
ā¹ He promoted this idea many times on various forums
į 9/11
ā¹ After selling his assets, Martti enthusiastically set out to create his own exchange
ā¹ Receiving $3,600 from Satoshi Nakamoto, the active phase of creation began
ā¹ The exchange was created in 2010, where he stored all his 55,000 $BTC
į 10/11
ā¹ Eventually, in 2011, Martti had to sell all his $BTC to cover basic needs
ā¹ From this sale, he made a significant purchase, namely an apartment
ā¹ There is very little information about Martti's subsequent actions
į 11/11
ā¹ Currently, it is only known that Martti is actively working on developing his own project
ā¹ The startup is called Nostr and is already gaining popularity in the market
ā¹ Martti believes the BTC project was successful - the idea was fully realized
į That's all for today šÆ
ā¹ Credit on x Ćøxbeehive āļø