## The Untold Story of Martti Malmi: Bitcoin's Second Developer ๐งต
### 1. The Early Days
๐น Martti Malmi played a crucial role in shaping the cryptocurrency world.
๐น Let's delve into his significant contributions to Bitcoin...
### 2. Discovery and Mining
๐น In 2009, Martti stumbled upon Bitcoin and began mining it.
๐น He mined over 55,000 BTC, which he sold for a small amount back then.
### 3. Development Collaboration
๐น As Bitcoin gained traction, Martti became its first developer, assisting Satoshi Nakamoto with coding.
### 4. Revolutionary Vision
๐น Martti viewed Bitcoin as a groundbreaking financial innovation.
๐น He believed it could "challenge state exploitation of citizens."
### 5. Advocacy and Technological Growth
๐น His advocacy for Bitcoin accelerated its technological advancements.
๐น Satoshi frequently expressed gratitude to him in letters.
### 6. Online Engagement
๐น Using the alias Sirius, Martti was active in forums, addressing questions and defending Bitcoin against critics.
### 7. Setting the First Bitcoin Price
๐น He was the first to price Bitcoin, selling 5,000 BTC for $5 in late 2009.
๐น Today, that amount would be valued at around $325M.
### 8. Promoting Bitcoin's Benefits
๐น Martti highlighted Bitcoinโs advantages, such as:
- Quick global transactions
- Independence from central banks
### 9. Launching an Exchange
๐น After selling his BTC, Martti founded his own exchange with $3,600 from Satoshi, launching it in 2010.
### 10. Liquidating Bitcoin Holdings
๐น By 2011, he sold all his BTC to cover living expenses and bought an apartment.
### 11. Current Endeavors
๐น Currently, Martti is involved with **Nostr**, a project gaining attention in the market.
๐น He believes Bitcoin has achieved its intended vision.
