TheCryptoDegen
Dare to Fly Higher: Blockchain & Digital assets management ;Shedding Light on Crypto; Bitcoin History & Stories.
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PINNED
Iran just showed the world why Bitcoin is the hardest money.
A student wakes up in Tehran and the phone is dead. Not “slow.” Dead. Iran is in a near-total internet blackout connectivity reported around 4% of normal. (The Washington Post)
The next problem isn’t politics. It’s money.
If the internet is off, payments don’t clear. If protests spread, accounts get watched. If the state feels threatened, banks become a control surface. And if the currency is melting, your savings bleed while you’re trying to stay safe. In late January the rial hit a record low around 1,500,000 per dollar. (Al Jazeera)
This is the war lesson: in conflict, money stops being neutral. The rails become permissioned. Access becomes conditional.
Bitcoin wins here for one simple reason: it’s bearer money.
Not “a bank account.” Not “a promise.” An asset you can hold yourself, move without asking, and take across borders in your head. It doesn’t fix war. But it does remove a key weapon: the ability to trap people inside a broken currency and a controlled banking system.
The best money is the money that still works when institutions don’t.
21 million units. No CEO. No freeze function. No hotline.
This is the ad Bitcoin never had to buy. Price doesn’t reflect it yet.
It will.
A student wakes up in Tehran and the phone is dead. Not “slow.” Dead. Iran is in a near-total internet blackout connectivity reported around 4% of normal. (The Washington Post)
The next problem isn’t politics. It’s money.
If the internet is off, payments don’t clear. If protests spread, accounts get watched. If the state feels threatened, banks become a control surface. And if the currency is melting, your savings bleed while you’re trying to stay safe. In late January the rial hit a record low around 1,500,000 per dollar. (Al Jazeera)
This is the war lesson: in conflict, money stops being neutral. The rails become permissioned. Access becomes conditional.
Bitcoin wins here for one simple reason: it’s bearer money.
Not “a bank account.” Not “a promise.” An asset you can hold yourself, move without asking, and take across borders in your head. It doesn’t fix war. But it does remove a key weapon: the ability to trap people inside a broken currency and a controlled banking system.
The best money is the money that still works when institutions don’t.
21 million units. No CEO. No freeze function. No hotline.
This is the ad Bitcoin never had to buy. Price doesn’t reflect it yet.
It will.
PINNED
Most people don’t know this, but Bitcoin has a hidden message that can never be deleted
Bitcoin block 666,666 was mined on January 18, 2021
It contains a message permanently written into the blockchain
Using Bitcoin’s OP_RETURN, the miner embedded a Bible verse directly into the block’s data
“Do not be overcome by evil, but overcome evil with good.” Romans 12:21
To make it happen, they paid over 5x the normal fee just to guarantee inclusion in that exact block
The transaction is linked to wallets named “GoD” and “BibLE”, verifiable on any public block explorer
Once it’s there, it can never be removed
Bitcoin block 666,666 was mined on January 18, 2021
It contains a message permanently written into the blockchain
Using Bitcoin’s OP_RETURN, the miner embedded a Bible verse directly into the block’s data
“Do not be overcome by evil, but overcome evil with good.” Romans 12:21
To make it happen, they paid over 5x the normal fee just to guarantee inclusion in that exact block
The transaction is linked to wallets named “GoD” and “BibLE”, verifiable on any public block explorer
Once it’s there, it can never be removed
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SL: 0.8207
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Entry: 0.7093 – 0.7303
SL: 0.8207
TP: 0.6441 / 0.5937 / 0.5180
Click here to Trade 👇️
The First Bitcoin Post on Reddit Was Downvoted
16 years ago, a 16‑year‑old kid (username MisterLiberty) posted something on r/Libertarian that would change the world and nobody believed him.
In 2010. Bitcoin was trading for about 6 cents. Most people had never heard of it. Those who had called it a scam, a fad, or worse: a waste of electricity.
The teenager had been studying Satoshi Nakamoto’s white paper. He understood the math, the game theory, the vision. So he sat down and wrote a post that was, in hindsight, phenomenally clear:
“Imagine a digital commodity‑like currency that depends on no central authority or printing press… It’s called Bitcoin… Coins are generated by CPU power and become harder to generate as it reaches its finite limit of 21 million coins.”
He ended with a quiet prophecy: “This could be the next gold.”
The internet did what the internet does. Within hours, his post had 58 downvotes. The top comment? Some guy wrote:
“So you have to waste electricity to make money? I find the idea rather stupid.”
Another called it a “ponzi for nerds.” A few were curious, but most mocked him.
He was far too intelligent for his peers. A sixteen‑year‑old kid, sitting in his bedroom, saw the future. The grown adults on Reddit saw a toy.
The post sat there for years. Buried. Forgotten. Downvoted into obscurity.
Then Bitcoin started climbing. $1. $10. $100. $1,000. $10,000. $70,000.
That “stupid waste of electricity” became a trillion‑dollar asset. Governments started buying it. Pension funds too. The same people who laughed? They’re now paying $78,000 per coin.
And that 16‑year‑old? He didn’t delete his post. It’s still there... a time capsule of vision, patience, and a generation that wasn’t ready.
The top reply to his thread today would be very different.
But back then? They downvoted the future.
16 years ago, a 16‑year‑old kid (username MisterLiberty) posted something on r/Libertarian that would change the world and nobody believed him.
In 2010. Bitcoin was trading for about 6 cents. Most people had never heard of it. Those who had called it a scam, a fad, or worse: a waste of electricity.
The teenager had been studying Satoshi Nakamoto’s white paper. He understood the math, the game theory, the vision. So he sat down and wrote a post that was, in hindsight, phenomenally clear:
“Imagine a digital commodity‑like currency that depends on no central authority or printing press… It’s called Bitcoin… Coins are generated by CPU power and become harder to generate as it reaches its finite limit of 21 million coins.”
He ended with a quiet prophecy: “This could be the next gold.”
The internet did what the internet does. Within hours, his post had 58 downvotes. The top comment? Some guy wrote:
“So you have to waste electricity to make money? I find the idea rather stupid.”
Another called it a “ponzi for nerds.” A few were curious, but most mocked him.
He was far too intelligent for his peers. A sixteen‑year‑old kid, sitting in his bedroom, saw the future. The grown adults on Reddit saw a toy.
The post sat there for years. Buried. Forgotten. Downvoted into obscurity.
Then Bitcoin started climbing. $1. $10. $100. $1,000. $10,000. $70,000.
That “stupid waste of electricity” became a trillion‑dollar asset. Governments started buying it. Pension funds too. The same people who laughed? They’re now paying $78,000 per coin.
And that 16‑year‑old? He didn’t delete his post. It’s still there... a time capsule of vision, patience, and a generation that wasn’t ready.
The top reply to his thread today would be very different.
But back then? They downvoted the future.
THIS IS CRAZYY!!!!🤯
A long-time Bitcoin developer just proposed forking Bitcoin and redistributing Satoshi Nakamoto’s ~1.1 million $BTC..
Paul Sztorc wants to create a new chain called eCash.. Copy the entire Bitcoin blockchain.. And give everyone a 1:1 airdrop of native eCash tokens..
Hold 4.19 BTC at fork time.. Get 4.19 eCash.. Sell it.. Keep it.. Ignore it.. He literally said that..
But “inactive” wallets get flagged.. Their balances get completely reassigned..
That means Satoshi’s untouched 1.1 million $BTC would be seized and redistributed..
Supporters say it “revives lost coins” and makes the supply usable..
Critics are calling it straight-up theft and the most dangerous precedent Bitcoin has ever faced..
This isn’t a joke.. This is a respected developer for over a decade openly suggesting we rewrite the rules on the creator’s own coins..
1.1 million BTC.. 5.5% of all Bitcoin that has ever existed.. Just taken and given away because they haven’t moved..
The community is losing its mind..
2026 crypto is actually undefeated.
A long-time Bitcoin developer just proposed forking Bitcoin and redistributing Satoshi Nakamoto’s ~1.1 million $BTC..
Paul Sztorc wants to create a new chain called eCash.. Copy the entire Bitcoin blockchain.. And give everyone a 1:1 airdrop of native eCash tokens..
Hold 4.19 BTC at fork time.. Get 4.19 eCash.. Sell it.. Keep it.. Ignore it.. He literally said that..
But “inactive” wallets get flagged.. Their balances get completely reassigned..
That means Satoshi’s untouched 1.1 million $BTC would be seized and redistributed..
Supporters say it “revives lost coins” and makes the supply usable..
Critics are calling it straight-up theft and the most dangerous precedent Bitcoin has ever faced..
This isn’t a joke.. This is a respected developer for over a decade openly suggesting we rewrite the rules on the creator’s own coins..
1.1 million BTC.. 5.5% of all Bitcoin that has ever existed.. Just taken and given away because they haven’t moved..
The community is losing its mind..
2026 crypto is actually undefeated.
💥 Bitcoin Pizza Day is approaching.
In case you don't know the story: on May 22, 2010, Laszlo Hanyecz paid 10k $BTC for two pizzas.
At the time, 10k $BTC was worth about $41. Almost 16 years later, that same 10k $BTC is now worth over $780M+.
In case you don't know the story: on May 22, 2010, Laszlo Hanyecz paid 10k $BTC for two pizzas.
At the time, 10k $BTC was worth about $41. Almost 16 years later, that same 10k $BTC is now worth over $780M+.
The unluckiest CryptoPunk sale in history happened because of a single typo
In November 2021 the owner of CryptoPunk 7557, one of only 55 "Tiara" Punks ever made, tried to list it for 4,444 ETH which was about $19 million at the time
Instead he typed 4.444 ETH and the listing went live for $19,400 which is a 99% discount
A bot sniped it the same second, sent a 3.33 ETH bribe straight to a miner to make sure nobody else could front run it, bought the Punk in the same block and relisted it for 325 ETH a minute later
He sold a Punk worth $1.5 MILLION for the price of a used Toyota and the bot turned his typo into a $1.4 MILLION flip in under 60 seconds
In November 2021 the owner of CryptoPunk 7557, one of only 55 "Tiara" Punks ever made, tried to list it for 4,444 ETH which was about $19 million at the time
Instead he typed 4.444 ETH and the listing went live for $19,400 which is a 99% discount
A bot sniped it the same second, sent a 3.33 ETH bribe straight to a miner to make sure nobody else could front run it, bought the Punk in the same block and relisted it for 325 ETH a minute later
He sold a Punk worth $1.5 MILLION for the price of a used Toyota and the bot turned his typo into a $1.4 MILLION flip in under 60 seconds
Bitcoin is not crypto
Bitcoin is worth $1.56T
The total crypto market cap is $2.6T
Bitcoin is 60% of the total crypto market cap
The top 7 cryptocurrencies after Bitcoin are worth $802B in total (77% of the total mareket cap of coins OTHER than Bitcoin):
#1: ETH: Why the hell would you save in something with no supply cap?
#2: USDT: I buy Bitcoin to get out of USD + unlimited supply
#3: XRP: Majority held by a single institution, insiders never buy - only sell, missing first week of ledger history (anyone who argues against this doesn't have any accounting knowledge)
#4: BNB: The person who runs it owns the majority of the supply from what I know, I don't want to hold a coin that someone else has almost full control of
#5: USDC: Again, I don't want US Dollars
#6: SOL: Again, unlimited supply, and I want nothing to do with that
#7: TRX: Majority held by insiders, I don't want it
Everything else (~20M coins) is worth ~$300B
If the top 7 altcoins are bullshit, then how much worse are the next 20 million?
Bitcoin is worth $1.56T
The total crypto market cap is $2.6T
Bitcoin is 60% of the total crypto market cap
The top 7 cryptocurrencies after Bitcoin are worth $802B in total (77% of the total mareket cap of coins OTHER than Bitcoin):
#1: ETH: Why the hell would you save in something with no supply cap?
#2: USDT: I buy Bitcoin to get out of USD + unlimited supply
#3: XRP: Majority held by a single institution, insiders never buy - only sell, missing first week of ledger history (anyone who argues against this doesn't have any accounting knowledge)
#4: BNB: The person who runs it owns the majority of the supply from what I know, I don't want to hold a coin that someone else has almost full control of
#5: USDC: Again, I don't want US Dollars
#6: SOL: Again, unlimited supply, and I want nothing to do with that
#7: TRX: Majority held by insiders, I don't want it
Everything else (~20M coins) is worth ~$300B
If the top 7 altcoins are bullshit, then how much worse are the next 20 million?
meet Gottfrid Svartholm
- co-founder of The Pirate Bay
- believed information should be free
- built the biggest piracy site on the internet
millions of users downloading movies, music, software
- openly mocks corporations and governments
- joked about moving servers to North Korea, even space
2003: The Pirate Bay goes live
- quickly becomes a global target
- domains constantly changing
- every lawsuit becomes free marketing
- traffic actually spikes after raids 😭
governments from multiple countries try to shut it down
none manage to kill it
- at one point tries to buy Sealand
- a micronation in international waters
plan: host Pirate Bay outside any jurisdiction
- doesn’t go through
- inspires sites like KickassTorrents and 1337x
becomes one of the most blocked websites in history
April 2013
- adds a Bitcoin address to the site footer
first 24 hours
- 73 random people send BTC
- total: 5.56 BTC
worth ~$700 at the time
they ignore it
years pass and donations keep coming
total received, over 135 BTC
those same coins quietly become worth millions
today over $10M equivalent
the most pirated website in the world
accidentally built a Bitcoin treasury
Insane
- co-founder of The Pirate Bay
- believed information should be free
- built the biggest piracy site on the internet
millions of users downloading movies, music, software
- openly mocks corporations and governments
- joked about moving servers to North Korea, even space
2003: The Pirate Bay goes live
- quickly becomes a global target
- domains constantly changing
- every lawsuit becomes free marketing
- traffic actually spikes after raids 😭
governments from multiple countries try to shut it down
none manage to kill it
- at one point tries to buy Sealand
- a micronation in international waters
plan: host Pirate Bay outside any jurisdiction
- doesn’t go through
- inspires sites like KickassTorrents and 1337x
becomes one of the most blocked websites in history
April 2013
- adds a Bitcoin address to the site footer
first 24 hours
- 73 random people send BTC
- total: 5.56 BTC
worth ~$700 at the time
they ignore it
years pass and donations keep coming
total received, over 135 BTC
those same coins quietly become worth millions
today over $10M equivalent
the most pirated website in the world
accidentally built a Bitcoin treasury
Insane
15 years ago today, satoshi sent what is widely believed to be his last ever confirmed communication
the world’s most mysterious creator holds an estimated 1.097M BTC (~$85bn) and consensus is his coins have never moved since
on apr 26, 2011, satoshi wrote to bitcoin developer gavin andresen, advising him to downplay the “shadowy figure” narrative in the press and to emphasize bitcoin’s open-source nature and community contributions. this is widely accepted as his last confirmed authentic communication
days before, on apr 20 and 23, satoshi had told developer mike hearn he had “moved on to other things” and that bitcoin was “in good hands with gavin and everyone”
his final public forum post came on dec 12, 2010 on bitcointalk (his 575th post), discussing the threat of DoS attacks and signing off with “there’s more work to do”
fifteen years on, the coins sit untouched. satoshi’s identity remains unknown. and the last words we can be reasonably confident are his basically say: take care of it, it’s yours now
he’s talking to all of us. bitcoin is ours. we are all satoshi (except you know who). we must carry the legacy forward 🟠
the world’s most mysterious creator holds an estimated 1.097M BTC (~$85bn) and consensus is his coins have never moved since
on apr 26, 2011, satoshi wrote to bitcoin developer gavin andresen, advising him to downplay the “shadowy figure” narrative in the press and to emphasize bitcoin’s open-source nature and community contributions. this is widely accepted as his last confirmed authentic communication
days before, on apr 20 and 23, satoshi had told developer mike hearn he had “moved on to other things” and that bitcoin was “in good hands with gavin and everyone”
his final public forum post came on dec 12, 2010 on bitcointalk (his 575th post), discussing the threat of DoS attacks and signing off with “there’s more work to do”
fifteen years on, the coins sit untouched. satoshi’s identity remains unknown. and the last words we can be reasonably confident are his basically say: take care of it, it’s yours now
he’s talking to all of us. bitcoin is ours. we are all satoshi (except you know who). we must carry the legacy forward 🟠
A 22 year old helped launder $263 MILLION in stolen crypto to fund half million dollar nightclub tabs.
> Evan Tangeman went by E, Tate and Evan|Exchanger online.
> His job was converting stolen crypto into clean cash for the rest of his group.
> The crew stole over $263 MILLION using social engineering.
> Hacked databases, fake tech support calls and physical break-ins to seize hardware wallets.
> Most of the members were teenagers. None had real jobs.
> The ringleader was a 20 year old named Malone Lam who became “TikTok famous” while in jail awaiting trial.
> They burned $500,000 in a single night at clubs.
> Private jets. Private security teams.
> Rented mansions for $40,000 to $80,000 a month across LA, the Hamptons and Miami. Some valued at $9 MILLION.
> Bought supercars ranging from $100,000 up to $3.8 MILLION.
> A 2022 Rolls Royce Ghost and a Porsche GT3 RS were seized from his home.
> When the first arrests came down, he directed another co-defendant to destroy the group’s digital devices.
> Lam was tipped off by an off-duty officer that police were on their way.
> He threw his phone into Biscayne Bay before the FBI raided his Miami home.
> Tangeman watched the raid play out in real-time through Lam’s home security cameras and shared the footage with the rest of the group.
> He pleaded guilty to RICO conspiracy.
> Ninth plea in an investigation still ongoing.
> 70 months in prison. Three years supervised release.
They lived like BILLIONAIRES for 18 months. Now they’re going to prison one by one.
> Evan Tangeman went by E, Tate and Evan|Exchanger online.
> His job was converting stolen crypto into clean cash for the rest of his group.
> The crew stole over $263 MILLION using social engineering.
> Hacked databases, fake tech support calls and physical break-ins to seize hardware wallets.
> Most of the members were teenagers. None had real jobs.
> The ringleader was a 20 year old named Malone Lam who became “TikTok famous” while in jail awaiting trial.
> They burned $500,000 in a single night at clubs.
> Private jets. Private security teams.
> Rented mansions for $40,000 to $80,000 a month across LA, the Hamptons and Miami. Some valued at $9 MILLION.
> Bought supercars ranging from $100,000 up to $3.8 MILLION.
> A 2022 Rolls Royce Ghost and a Porsche GT3 RS were seized from his home.
> When the first arrests came down, he directed another co-defendant to destroy the group’s digital devices.
> Lam was tipped off by an off-duty officer that police were on their way.
> He threw his phone into Biscayne Bay before the FBI raided his Miami home.
> Tangeman watched the raid play out in real-time through Lam’s home security cameras and shared the footage with the rest of the group.
> He pleaded guilty to RICO conspiracy.
> Ninth plea in an investigation still ongoing.
> 70 months in prison. Three years supervised release.
They lived like BILLIONAIRES for 18 months. Now they’re going to prison one by one.
Bitcoin Is Ready for New Capital
As of Apr. 25, 2026:
BTC: ~$77,000
Spot ETF net inflows: +$58.6B
Fed funds: 3.50%–3.75%
CLARITY Act: passed House 294–134; still in Senate
Strategy: 800k+ BTC
Setup:
Regulatory clarity opens the gate.
Fed easing lowers the hurdle rate.
ETF flows absorb liquid supply.
Corporate treasuries remove coins from circulation.
Bitcoin does not need everyone to buy.
It just needs large capital pools to get permission while new supply stays fixed.
As of Apr. 25, 2026:
BTC: ~$77,000
Spot ETF net inflows: +$58.6B
Fed funds: 3.50%–3.75%
CLARITY Act: passed House 294–134; still in Senate
Strategy: 800k+ BTC
Setup:
Regulatory clarity opens the gate.
Fed easing lowers the hurdle rate.
ETF flows absorb liquid supply.
Corporate treasuries remove coins from circulation.
Bitcoin does not need everyone to buy.
It just needs large capital pools to get permission while new supply stays fixed.
Someone just broke the same encryption Bitcoin uses on a public quantum computer in 45 minutes
Yesterday an Italian researcher named Giancarlo Lelli broke a 15 bit elliptic curve key in 45 minutes on a publicly accessible quantum computer
It's the same math that secures every Bitcoin wallet, every Ethereum address and around $2.5 TRILLION in digital assets
He used around 70 qubits on cloud hardware, no national lab, no special equipment and won 1 BTC for it
The estimate of qubits needed to break Bitcoin's full key has dropped from 13 million in 2022 to under 500,000 weeks ago, then days later another study cut it 50x lower at 10,000
That's a 1,300x reduction since 2022, with most of the drop in the last six months
Right now 6.9 MILLION BTC, around $520 billion, sit in addresses with public keys already exposed on chain
That includes Satoshi's 1.1 million BTC, permanently visible and impossible to migrate because he's not coming back to move them
BlackRock tripled the quantum risk disclosure in its $64 billion Bitcoin ETF prospectus, warning quantum computing could result in "losses to Shareholders"
A Federal Reserve working paper called "harvest now, decrypt later" an active threat in September 2025, meaning state actors are already collecting public keys today to crack them when the hardware catches up
Quantum has been a future problem for 15 years
Yesterday the future arrived
Yesterday an Italian researcher named Giancarlo Lelli broke a 15 bit elliptic curve key in 45 minutes on a publicly accessible quantum computer
It's the same math that secures every Bitcoin wallet, every Ethereum address and around $2.5 TRILLION in digital assets
He used around 70 qubits on cloud hardware, no national lab, no special equipment and won 1 BTC for it
The estimate of qubits needed to break Bitcoin's full key has dropped from 13 million in 2022 to under 500,000 weeks ago, then days later another study cut it 50x lower at 10,000
That's a 1,300x reduction since 2022, with most of the drop in the last six months
Right now 6.9 MILLION BTC, around $520 billion, sit in addresses with public keys already exposed on chain
That includes Satoshi's 1.1 million BTC, permanently visible and impossible to migrate because he's not coming back to move them
BlackRock tripled the quantum risk disclosure in its $64 billion Bitcoin ETF prospectus, warning quantum computing could result in "losses to Shareholders"
A Federal Reserve working paper called "harvest now, decrypt later" an active threat in September 2025, meaning state actors are already collecting public keys today to crack them when the hardware catches up
Quantum has been a future problem for 15 years
Yesterday the future arrived
Someone found a way to wipe out Polymarket market makers with 10 cents per attack
Polymarket matches trades on an off chain order book, then settles them on chain seconds later
The gap between those two systems is the exploit
A trader places a trade against a market maker bot and the API confirms the fill instantly, but before anything hits the blockchain he cancels the trade on chain
The bot already hedged a position that never existed and now the attacker takes the free money
10 cents in gas per attack, 50 seconds per cycle, one wallet pulled $16,427 in a single day
It's called Ghost Fills and Polymarket still hasn't fixed it, so a dev built an open source tool called Nonce Guard to defend against it himself
Polymarket matches trades on an off chain order book, then settles them on chain seconds later
The gap between those two systems is the exploit
A trader places a trade against a market maker bot and the API confirms the fill instantly, but before anything hits the blockchain he cancels the trade on chain
The bot already hedged a position that never existed and now the attacker takes the free money
10 cents in gas per attack, 50 seconds per cycle, one wallet pulled $16,427 in a single day
It's called Ghost Fills and Polymarket still hasn't fixed it, so a dev built an open source tool called Nonce Guard to defend against it himself
This is actually insane
The original Bitcoin code had a total supply of 1.99 Billion tokens not 21 million
Block reward was 10,000 BTC per block instead of 50
Satoshi Nakamoto didn't even call it a blockchain
The original name was "timechain"
He changed everything a few weeks before launch and cut the supply by 99%
#Bitcoin❗
The original Bitcoin code had a total supply of 1.99 Billion tokens not 21 million
Block reward was 10,000 BTC per block instead of 50
Satoshi Nakamoto didn't even call it a blockchain
The original name was "timechain"
He changed everything a few weeks before launch and cut the supply by 99%
#Bitcoin❗
The mysterious inventor of Bitcoin disappeared 15 years ago today after sending a final email message.
On April 23, 2011, Satoshi Nakamoto wrote, “I’ve moved on to other things. It’s in good hands now.”
No verified communication has appeared online since.
On April 23, 2011, Satoshi Nakamoto wrote, “I’ve moved on to other things. It’s in good hands now.”
No verified communication has appeared online since.
The government forced WikiLeaks into a multi MILLION dollar Bitcoin investment
In October 2017 Julian Assange posted a tweet thanking the U.S. government
WikiLeaks lost 95% of its revenue when the banks cut them off
They started accepting Bitcoin in June 2011 because they had no other choice
Over 4,000 BTC was sent into their wallets, worth around $1.6 million at the time
If they held every coin it would be worth over $300 million today
Probably the best forced trade in history
In October 2017 Julian Assange posted a tweet thanking the U.S. government
WikiLeaks lost 95% of its revenue when the banks cut them off
They started accepting Bitcoin in June 2011 because they had no other choice
Over 4,000 BTC was sent into their wallets, worth around $1.6 million at the time
If they held every coin it would be worth over $300 million today
Probably the best forced trade in history
Someone once paid a $515,000 fee to send $2,000 in Bitcoin
For a few days in September 2023 nobody knew who it was
Then it turned out to be Paxos, the company behind PayPal's stablecoin
A single buggy transfer turned $2 in fees into $515,000 while the usual fee was around 61 cents
F2Pool mined the block and could have legally kept every coin but they gave it all back 5 days later
For a few days in September 2023 nobody knew who it was
Then it turned out to be Paxos, the company behind PayPal's stablecoin
A single buggy transfer turned $2 in fees into $515,000 while the usual fee was around 61 cents
F2Pool mined the block and could have legally kept every coin but they gave it all back 5 days later
THE CREATOR OF BITCOIN IS DEAD
This was the man closest to Satoshi Nakamoto
- Len Sassaman
- born in 1980
- American cryptographer
- cypherpunk and privacy activist
- joins the Internet Engineering Task Force at 18
late 90s
- moves to San Francisco
- lives with Bram Cohen (BitTorrent creator)
- enters the cypherpunk movement
early 2000s
- works on PGP encryption
- collaborates with Hal Finney
- builds anonymous remailer systems
- maintains Mixmaster
- develops privacy infrastructure
moves to Europe
- PhD researcher in Belgium
- works under David Chaum, one of the pioneers of digital money
builds deep expertise in
- cryptography
- P2P networks
- anonymity systems
the exact stack behind Bitcoin
2009–2011
- active during Bitcoin’s early days
- connected to key figures
April 2011
- Satoshi disappears
July 2011
- Len Sassaman dies
months apart
after his death
- an ASCII tribute is embedded in Bitcoin
- permanently stored in block 132841
immortalized inside the chain
the theory begins, but why people believe it
- perfect technical profile
- deep cypherpunk connections
- worked directly with early Bitcoin figures
- lived in Europe (matches Satoshi signals)
- timeline matches disappearance
everything fits, but not perfectly
arguments against
- his wife denies it
- he was publicly active while Satoshi was anonymous
- writing style doesn’t fully match
today the theory still debated
maybe he was Satoshi
maybe he wasn’t
but he was one of the few who could’ve been
$BTC
This was the man closest to Satoshi Nakamoto
- Len Sassaman
- born in 1980
- American cryptographer
- cypherpunk and privacy activist
- joins the Internet Engineering Task Force at 18
late 90s
- moves to San Francisco
- lives with Bram Cohen (BitTorrent creator)
- enters the cypherpunk movement
early 2000s
- works on PGP encryption
- collaborates with Hal Finney
- builds anonymous remailer systems
- maintains Mixmaster
- develops privacy infrastructure
moves to Europe
- PhD researcher in Belgium
- works under David Chaum, one of the pioneers of digital money
builds deep expertise in
- cryptography
- P2P networks
- anonymity systems
the exact stack behind Bitcoin
2009–2011
- active during Bitcoin’s early days
- connected to key figures
April 2011
- Satoshi disappears
July 2011
- Len Sassaman dies
months apart
after his death
- an ASCII tribute is embedded in Bitcoin
- permanently stored in block 132841
immortalized inside the chain
the theory begins, but why people believe it
- perfect technical profile
- deep cypherpunk connections
- worked directly with early Bitcoin figures
- lived in Europe (matches Satoshi signals)
- timeline matches disappearance
everything fits, but not perfectly
arguments against
- his wife denies it
- he was publicly active while Satoshi was anonymous
- writing style doesn’t fully match
today the theory still debated
maybe he was Satoshi
maybe he wasn’t
but he was one of the few who could’ve been
$BTC
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