The system is rigged. We all can see it in the opulent residences of the rich in San Francisco which lie blocks away from the squalid tents of the homeless. We can feel it in the way that certain people and businesses do little to better civilization yet make ludicrous amounts of money. We can hear it in the frivolity with which certain people spend money and the morbid gravity of those whose souls are crushed by debt.

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That the system favors certain people and screws over others is obvious even to a five-year-old. Why the system is so unfair is not at all obvious and is the source of much political confusion. People on the left think the rich get there through exploiting the poor. People on the right think the poor get there because they’re lazy. …

On block 631058 was mined a transaction which spent an output from February of 2009, that is a month after the Bitcoin network went live. This has caused a bit of a price swing, not to mention, a lot of speculation, about whether this is Satoshi Nakamoto moving these coins or not.

In this article, I’m going to lay out the case for why it probably wasn’t Satoshi and the bit of digital forensics we can use to figure this out.

What Happened

On May 20, 2020, a transaction with the id of cb1440c787d8a46977886405a34da89939e1b04907f567bf182ef27ce53a8d71 was broadcast onto the Bitcoin network and included in block 631058. The transaction’s input was from block 3654, specifically the coinbase transaction, which was mined on or around February 9, 2009. …

Jiang Zuouer of BTC.top posted a rather… interesting analysis of their plan to fund BCH development with 12.5% …


Jimmy Song

Bitcoin Educator, Developer and Entrepreneur. Book: https://amzn.to/2RSlnTb PGP Fingerprint: C1D7 97BE 7D10 5291 228C D70C FAA6 17E3 2679 E455

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