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One extraordinary fact about cryptocurrency is that the creator of Bitcoin, Satoshi Nakamoto, remains anonymous to this day, with their true identity still unknown. This mysterious figure introduced the world to blockchain technology and decentralized digital currency, sparking a revolution in finance and technology.
#Bitcoin #satoshinakamoto #write2earn #digitalcoin #BinanceLaunchpool
#Bitcoin #satoshinakamoto #write2earn #digitalcoin #BinanceLaunchpool
HAPPY BIRTHDAY TO SANTOSHI NAKAMOTO
“If you don’t believe it or don’t get it, I don’t have the time to try to convince you, sorry.”
— Satoshi Nakamoto
We have proposed a system for electronic transactions without relying on trust. We started with the usual framework of coins made from digital signatures, which provides strong control of ownership, but is incomplete without a way to prevent double-spending. To solve this, we proposed a peer-to-peer network using proof-of-work to record a public history of transactions that quickly becomes computationally impractical for an attacker to change if honest nodes control a majority of CPU power.
Satoshi Nakamoto
Total circulation will be 21,000,000 coins. It’ll be distributed to network nodes when they make blocks, with the amount cut in half every 4 years. first 4 years: 10,500,000 coins next 4 years: 5,250,000 coins next 4 years: 2,625,000 coins next 4 years: 1,312,500 coins etc... When that runs out, the system can support transaction fees if needed. It’s based on open market competition, and there will probably always be nodes willing to process transactions for free.
It’s the same situation as gold and gold mining. The marginal cost of gold mining tends to stay near the price of gold. Gold mining is a waste, but that waste is far less than the utility of having gold available as a medium of exchange. I think the case will be the same for Bitcoin. The utility of the exchanges made possible by Bitcoin will far exceed the cost of electricity used. Therefore, not having Bitcoin would be the net waste.
#satoshinakamoto $BTC $
comments your wishes for the legend
“If you don’t believe it or don’t get it, I don’t have the time to try to convince you, sorry.”
— Satoshi Nakamoto
We have proposed a system for electronic transactions without relying on trust. We started with the usual framework of coins made from digital signatures, which provides strong control of ownership, but is incomplete without a way to prevent double-spending. To solve this, we proposed a peer-to-peer network using proof-of-work to record a public history of transactions that quickly becomes computationally impractical for an attacker to change if honest nodes control a majority of CPU power.
Satoshi Nakamoto
Total circulation will be 21,000,000 coins. It’ll be distributed to network nodes when they make blocks, with the amount cut in half every 4 years. first 4 years: 10,500,000 coins next 4 years: 5,250,000 coins next 4 years: 2,625,000 coins next 4 years: 1,312,500 coins etc... When that runs out, the system can support transaction fees if needed. It’s based on open market competition, and there will probably always be nodes willing to process transactions for free.
It’s the same situation as gold and gold mining. The marginal cost of gold mining tends to stay near the price of gold. Gold mining is a waste, but that waste is far less than the utility of having gold available as a medium of exchange. I think the case will be the same for Bitcoin. The utility of the exchanges made possible by Bitcoin will far exceed the cost of electricity used. Therefore, not having Bitcoin would be the net waste.
#satoshinakamoto $BTC $
comments your wishes for the legend
Tomorrow is Satoshi's birthday, Satoshi will be 49 years old 🎂🥳🎈
April 5, 1975 is the date of birth that Satoshi used when registering his alias with the P2P Foundation.
Why April 5, 1975?
Since Bitcoin is considered electronic gold and is decentralized, a popular theory is:
April 5 is the anniversary of Executive Order 6102 issued by President Franklin D.
Roosevelt in 1933. This Executive Order prohibited individuals from possessing or hoarding gold in the form of coins, bars, and certificates. People were allowed to possess small amounts worth less than $100 at the time, for industrial use or with some other exceptions.
Satoshi listed his year of birth as 1975. On the last day of 1974, President Gerald Ford's executive order ending Executive Order 6102 went into effect, legalizing the possession and storage of gold in the United States and France.
#BTC #Bitcoin #satoshinakamoto #satoshi #HotTrends $BTC
April 5, 1975 is the date of birth that Satoshi used when registering his alias with the P2P Foundation.
Why April 5, 1975?
Since Bitcoin is considered electronic gold and is decentralized, a popular theory is:
April 5 is the anniversary of Executive Order 6102 issued by President Franklin D.
Roosevelt in 1933. This Executive Order prohibited individuals from possessing or hoarding gold in the form of coins, bars, and certificates. People were allowed to possess small amounts worth less than $100 at the time, for industrial use or with some other exceptions.
Satoshi listed his year of birth as 1975. On the last day of 1974, President Gerald Ford's executive order ending Executive Order 6102 went into effect, legalizing the possession and storage of gold in the United States and France.
#BTC #Bitcoin #satoshinakamoto #satoshi #HotTrends $BTC
Tomorrow is Satoshi's birthday, Satoshi will be 49 years old 🎂🥳🎈
April 5, 1975 is the date of birth that Satoshi used when registering his alias with the P2P Foundation.
Why April 5, 1975?
Since Bitcoin is considered electronic gold and is decentralized, a popular theory is:
April 5 is the anniversary of Executive Order 6102 issued by President Franklin D.
Roosevelt in 1933. This Executive Order prohibited individuals from possessing or hoarding gold in the form of coins, bars, and certificates. People were allowed to possess small amounts worth less than $100 at the time, for industrial use or with some other exceptions.
Satoshi listed his year of birth as 1975. On the last day of 1974, President Gerald Ford's executive order ending Executive Order 6102 went into effect, legalizing the possession and storage of gold in the United States and France.
#BTC #Bitcoin #satoshinakamoto #satoshi #HotTrends $BTC
April 5, 1975 is the date of birth that Satoshi used when registering his alias with the P2P Foundation.
Why April 5, 1975?
Since Bitcoin is considered electronic gold and is decentralized, a popular theory is:
April 5 is the anniversary of Executive Order 6102 issued by President Franklin D.
Roosevelt in 1933. This Executive Order prohibited individuals from possessing or hoarding gold in the form of coins, bars, and certificates. People were allowed to possess small amounts worth less than $100 at the time, for industrial use or with some other exceptions.
Satoshi listed his year of birth as 1975. On the last day of 1974, President Gerald Ford's executive order ending Executive Order 6102 went into effect, legalizing the possession and storage of gold in the United States and France.
#BTC #Bitcoin #satoshinakamoto #satoshi #HotTrends $BTC
Tomorrow is Satoshi's birthday, Satoshi will be 49 years old 🎂🥳🎈
April 5, 1975 is the date of birth that Satoshi used when registering his alias with the P2P Foundation.
Why April 5, 1975?
Since Bitcoin is considered electronic gold and is decentralized, a popular theory is:
April 5 is the anniversary of Executive Order 6102 issued by President Franklin D.
Roosevelt in 1933. This Executive Order prohibited individuals from possessing or hoarding gold in the form of coins, bars, and certificates. People were allowed to possess small amounts worth less than $100 at the time, for industrial use or with some other exceptions.
Satoshi listed his year of birth as 1975. On the last day of 1974, President Gerald Ford's executive order ending Executive Order 6102 went into effect, legalizing the possession and storage of gold in the United States and France.
#BTC #Bitcoin #satoshinakamoto #satoshi #HotTrends $BTC
April 5, 1975 is the date of birth that Satoshi used when registering his alias with the P2P Foundation.
Why April 5, 1975?
Since Bitcoin is considered electronic gold and is decentralized, a popular theory is:
April 5 is the anniversary of Executive Order 6102 issued by President Franklin D.
Roosevelt in 1933. This Executive Order prohibited individuals from possessing or hoarding gold in the form of coins, bars, and certificates. People were allowed to possess small amounts worth less than $100 at the time, for industrial use or with some other exceptions.
Satoshi listed his year of birth as 1975. On the last day of 1974, President Gerald Ford's executive order ending Executive Order 6102 went into effect, legalizing the possession and storage of gold in the United States and France.
#BTC #Bitcoin #satoshinakamoto #satoshi #HotTrends $BTC
Tomorrow is Satoshi's birthday, Satoshi will be 49 years old 🎂🥳🎈
April 5, 1975 is the date of birth that Satoshi used when registering his alias with the P2P Foundation.
Why April 5, 1975?
Since Bitcoin is considered electronic gold and is decentralized, a popular theory is:
April 5 is the anniversary of Executive Order 6102 issued by President Franklin D. Roosevelt in 1933. This Executive Order prohibited individuals from possessing or hoarding gold in the form of coins, bars, and certificates. People were allowed to possess small amounts worth less than $100 at the time, for industrial use or with some other exceptions.
Satoshi listed his year of birth as 1975. On the last day of 1974, President Gerald Ford's executive order ending Executive Order 6102 went into effect, legalizing the possession and storage of gold in the United States and France.
#BTC #Bitcoin #satoshinakamoto #satoshi #HotTrends $BTC
April 5, 1975 is the date of birth that Satoshi used when registering his alias with the P2P Foundation.
Why April 5, 1975?
Since Bitcoin is considered electronic gold and is decentralized, a popular theory is:
April 5 is the anniversary of Executive Order 6102 issued by President Franklin D. Roosevelt in 1933. This Executive Order prohibited individuals from possessing or hoarding gold in the form of coins, bars, and certificates. People were allowed to possess small amounts worth less than $100 at the time, for industrial use or with some other exceptions.
Satoshi listed his year of birth as 1975. On the last day of 1974, President Gerald Ford's executive order ending Executive Order 6102 went into effect, legalizing the possession and storage of gold in the United States and France.
#BTC #Bitcoin #satoshinakamoto #satoshi #HotTrends $BTC
Tomorrow is Satoshi's birthday, Satoshi will be 49 years old 🎂🥳🎈
April 5, 1975 is the date of birth that Satoshi used when registering his alias with the P2P Foundation.
Why April 5, 1975?
Since Bitcoin is considered electronic gold and is decentralized, a popular theory is:
April 5 is the anniversary of Executive Order 6102 issued by President Franklin D.
Roosevelt in 1933. This Executive Order prohibited individuals from possessing or hoarding gold in the form of coins, bars, and certificates. People were allowed to possess small amounts worth less than $100 at the time, for industrial use or with some other exceptions.
Satoshi listed his year of birth as 1975. On the last day of 1974, President Gerald Ford's executive order ending Executive Order 6102 went into effect, legalizing the possession and storage of gold in the United States and France.
#BTC #Bitcoin #satoshinakamoto #satoshi #HotTrends $BTC
Tip❤️
April 5, 1975 is the date of birth that Satoshi used when registering his alias with the P2P Foundation.
Why April 5, 1975?
Since Bitcoin is considered electronic gold and is decentralized, a popular theory is:
April 5 is the anniversary of Executive Order 6102 issued by President Franklin D.
Roosevelt in 1933. This Executive Order prohibited individuals from possessing or hoarding gold in the form of coins, bars, and certificates. People were allowed to possess small amounts worth less than $100 at the time, for industrial use or with some other exceptions.
Satoshi listed his year of birth as 1975. On the last day of 1974, President Gerald Ford's executive order ending Executive Order 6102 went into effect, legalizing the possession and storage of gold in the United States and France.
#BTC #Bitcoin #satoshinakamoto #satoshi #HotTrends $BTC
Tip❤️
Tomorrow is Satoshi's birthday, Satoshi will be 49 years old 🎂🥳🎈
April 5, 1975 is the date of birth that Satoshi used when registering his alias with the P2P Foundation.
Why April 5, 1975?
Since Bitcoin is considered electronic gold and is decentralized, a popular theory is:
April 5 is the anniversary of Executive Order 6102 issued by President Franklin D.
Roosevelt in 1933. This Executive Order prohibited individuals from possessing or hoarding gold in the form of coins, bars, and certificates. People were allowed to possess small amounts worth less than $100 at the time, for industrial use or with some other exceptions.
Satoshi listed his year of birth as 1975. On the last day of 1974, President Gerald Ford's executive order ending Executive Order 6102 went into effect, legalizing the possession and storage of gold in the United States and France.
#BTC #Bitcoin #satoshinakamoto #satoshi #HotTrends $BTC
April 5, 1975 is the date of birth that Satoshi used when registering his alias with the P2P Foundation.
Why April 5, 1975?
Since Bitcoin is considered electronic gold and is decentralized, a popular theory is:
April 5 is the anniversary of Executive Order 6102 issued by President Franklin D.
Roosevelt in 1933. This Executive Order prohibited individuals from possessing or hoarding gold in the form of coins, bars, and certificates. People were allowed to possess small amounts worth less than $100 at the time, for industrial use or with some other exceptions.
Satoshi listed his year of birth as 1975. On the last day of 1974, President Gerald Ford's executive order ending Executive Order 6102 went into effect, legalizing the possession and storage of gold in the United States and France.
#BTC #Bitcoin #satoshinakamoto #satoshi #HotTrends $BTC
13 years ago today, Satoshi Nakamoto unveiled the iconic Bitcoin logo.
#bitcoin #satoshinakamoto #crypto2023 #Binance
#bitcoin #satoshinakamoto #crypto2023 #Binance
What do you think is Satoshi Nakamoto's real identity? 👀
Write your guess in the comments. 💬
#satoshinakamoto #BTC
Write your guess in the comments. 💬
#satoshinakamoto #BTC
As the cryptocurrency industry marks 13 years since the mysterious Bitcoin (BTC) founder Satoshi Nakamoto unveiled the historic “₿” icon and sign.
#BTC #bicoinsign #satoshinakamoto #Bitcon #cryptoonindia
#BTC #bicoinsign #satoshinakamoto #Bitcon #cryptoonindia
A small design detail that has stayed with many iterations of the original bitcoin logo since its inception in 2010
#BTC #Binance #crypto2023 #satoshinakamoto #krigel77
#BTC #Binance #crypto2023 #satoshinakamoto #krigel77
what is bitcoin?
Bitcoin is a digital currency, also known as a cryptocurrency, that was created in 2009 by an unknown person or group using the pseudonym Satoshi Nakamoto. It is a decentralized form of currency, meaning it is not controlled by a central authority like a government or bank.
Bitcoin transactions are recorded on a public digital ledger called the blockchain, which is maintained by a network of computers around the world. This makes Bitcoin transactions transparent and verifiable while ensuring that they cannot be easily tampered with.
Unlike traditional currencies, Bitcoin is not backed by a physical commodity or government, and its value is determined by supply and demand in the market. Bitcoin can be used to purchase goods and services, traded for other currencies, or held as an investment.
Bitcoin has gained popularity due to its decentralized nature and the potential for anonymity in transactions. However, it has also faced criticisms for its lack of regulation and potential for use in illegal activities.
#BTC #btc #bitcoin #blockchain #satoshinakamoto
Bitcoin transactions are recorded on a public digital ledger called the blockchain, which is maintained by a network of computers around the world. This makes Bitcoin transactions transparent and verifiable while ensuring that they cannot be easily tampered with.
Unlike traditional currencies, Bitcoin is not backed by a physical commodity or government, and its value is determined by supply and demand in the market. Bitcoin can be used to purchase goods and services, traded for other currencies, or held as an investment.
Bitcoin has gained popularity due to its decentralized nature and the potential for anonymity in transactions. However, it has also faced criticisms for its lack of regulation and potential for use in illegal activities.
#BTC #btc #bitcoin #blockchain #satoshinakamoto
13 years ago Satoshi Nakamoto unveiled Bitcoin icon (24th February 2010)
Screenshot: bitcointalk.org web archive
#bitcoinlogo #13 #satoshinakamoto #BTC #bitcointalk
Screenshot: bitcointalk.org web archive
#bitcoinlogo #13 #satoshinakamoto #BTC #bitcointalk
Satoshi Nakamoto announcing the 21 million Bitcoin limit exactly 14 years ago...!!😮
#Binance #satoshinakamoto #lastmessage #crypto2023 #cryptoonindia
#Binance #satoshinakamoto #lastmessage #crypto2023 #cryptoonindia
Who developed Bitcoin?
Satoshi Nakamoto
Key Takeaways. Satoshi Nakamoto is the pseudonym used by the creator or creators of Bitcoin. The identity of Satoshi Nakamoto is not publicly known.
possibly known person* belows
#Bitcon #satoshinakamoto
Satoshi Nakamoto
Key Takeaways. Satoshi Nakamoto is the pseudonym used by the creator or creators of Bitcoin. The identity of Satoshi Nakamoto is not publicly known.
possibly known person* belows
#Bitcon #satoshinakamoto
"The Hunt for Bitcoin's Mysterious Creator"
The person who made Bitcoin, known as Satoshi Nakamoto, is a big mystery. Even though Bitcoin is famous, nobody knows who made it.How Bitcoin StartedSatoshi Nakamoto began the Bitcoin journey by writing a special paper in 2008. This paper explained how to create a new kind of money using something called blockchain. In 2009, Satoshi made the first Bitcoin, and the Bitcoin system started working.A Secret NameSatoshi Nakamoto is probably not a real name. Nobody knows who this person really is. People have looked everywhere for clues, but it's still a secret.Talking in the BeginningAt first, Satoshi talked with people using the internet. They helped people with Bitcoin and talked about how it works. But as time passed, Satoshi stopped talking to everyone.Many Theories and SuspectsPeople have lots of ideas about who Satoshi might be, but none of these ideas have been proven. Some say it's a computer expert, while others think it's a group of people. The truth remains unknown.Changing the WorldThe search for Satoshi has made Bitcoin and blockchain technology very popular. Even without knowing who created it, Bitcoin has changed the way we think about money and technology.The Mystery ContinuesThe search for Satoshi Nakamoto is still a big mystery. While we may never know who they are, Bitcoin and blockchain technology are here to stay, and they will keep changing the world of finance and technology.#satoshinakamoto #bitcoin #crypto2023 #DSniper
