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