The Untold Story of Martti Malmi: Bitcoin's Second Developer

1. Early Involvement

Without Martti Malmi, cryptocurrency might not exist as we know it.

Discovered Bitcoin in 2009 and started mining.

2. Mining Success

Mined over 55,000 BTC, selling them for pennies.

3. Key Developer

Became the first developer to assist Satoshi Nakamoto with Bitcoin's code.

4. Visionary Beliefs

Saw Bitcoin as a revolutionary financial tool.

Believed in undermining state exploitation through Bitcoin.

5. Technological Contributions

His work spurred rapid development.

Satoshi frequently expressed gratitude in letters.

6. Community Engagement

Engaged in forums as "Sirius," defending Bitcoin against critics.

7. First Bitcoin Price

Set the first Bitcoin price: 5,000 BTC for $5 in 2009.

Today, this would be worth about $325M.

8. Promotion of Bitcoin

Advocated for Bitcoin’s benefits:

Fast global transactions

Protection from central banks

9. Entrepreneurial Ventures

Created his own exchange with $3,600 from Satoshi, launching it in 2010.

10. Financial Decisions

Sold all BTC by 2011 to cover living expenses, buying an apartment.

11. Current Work

Works on "Nostr", a project gaining attention.

Believes Bitcoin’s vision has been realized.

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