A Newbie’s Information To Bitcoin:
On this video, I focus on the early days of Bitcoin, and whether or not Satoshi Nakamoto pre-mined Bitcoin.
The Bitcoin Genesis block was pre-mined, however its 50 BTC reward can by no means be spent.
Satoshi mined early Bitcoin blocks to supply safety for the community, since he was the one Bitcoin miner on the earth for some time.
However Satoshi has by no means moved or offered his cash, in contrast to individuals like Vitalik Buterin at Ethereum.
Bitcoin was not issued by a centralized basis or company, and was not used to fund an enormous advertising and marketing division. Bitcoin is impartial, decentralized cash, that had essentially the most truthful distribution of any foreign money in historical past.
Not funding recommendation! Seek the advice of a monetary advisor.
Bitcoin white paper:
Bitcoin Genesis block:
Bitcoin Block 1:
Bitcoin Block 2:
Pomp’s pre-mine tweet thread:
Altcoins with giant pre-mines:
Solana Billionaire VC’s Are Laughing At You:
Ripple runs adverts paid for by its advertising and marketing finances:
Ethereum’s Soiled Historical past:
Vitalik dumps 25% of his ETH:
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I’m not being paid or in any other case compensated by any firm or cryptocurrency challenge that I point out in my movies.
My opinion shouldn’t be on the market. Please don’t contact me with any affiliate or promoting offers.
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