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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