Before $BTC hit $70,000...
Before institutions adopted it as ādigital goldā...
Before billions flowed into the ecosystem...
š Bitcoin almost vanished.
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š„ The 184 Billion BTC Transaction
In 2010, Bitcoin was trading at $0.07. Then, a single transaction appeared on the blockchain ā sending 184,467,440,737 BTC to one wallet.
Thatās over 8,800x Bitcoinās supply limit of 21 million.
It shouldāve been impossible. But it happened ā due to a critical integer overflow bug in Bitcoinās code.
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š The Bug That Broke Scarcity
The bug allowed the attacker to create bitcoins from thin air.
In that moment, Bitcoinās scarcity principle was shattered.
Confidence wavered. The system stood at the edge of collapse.
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š§āš» Enter Satoshi Nakamoto
Within hours, Satoshi:
ā Detected the exploit
ā Released Bitcoin v0.3.10 to fix the bug
ā Initiated an emergency hard fork
ā Rewrote history ā removing the fraudulent transaction
It was the only rollback in Bitcoin history.
The community united. Bitcoin survived.
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š The Fork That Saved Crypto
This moment reminded everyone:
š” Bitcoin is software. Software can fail.
š” Bitcoin's early survival relied on just a few devs.
š” Community and transparency are everything.
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ā Could It Happen Again?
Today, Bitcoin is hardened, decentralized, and globally adopted.
But itās not invincible. Thatās why open-source code and constant vigilance matter.
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š§ Lessons from the Edge
Bitcoin is resilient, not invulnerable
Trust must be earned ā and protected
Decentralized systems demand alert communities
So next time someone says, "Bitcoin canāt failā¦ā
ā¦remind them: it almost did.
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š Want to learn more?
Dive into Binance Academy for deeper insights into Bitcoinās earliest bugs, forks, and evolution.
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