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Imo they cannot discover its empty. Simply cannot. That’s the only thing left to „back the Dollar“ kind of, isn‘t it? Would be a huge scandal.

„Thanks, Satoshi. This new version seems to be running much better. I‘ve got 8 connections, and watching debug.log there seems to be quite a bit of activity. I see you sent me a payment, thanks! Let me know your adress and I will try sending one to you. I managed to generate a block yesterday and the coins are about to mature, of I understand it correctly.

Hal“

He sounds so proud of these first successes with the new Bitcoin Network, so relieved it seems to work. Remember this was January 12th of 2009, the Blockchain was not even two weeks old. Two days earlier Hal had posted his famous Tweet „Running bitcoin“.

https://www.reddit.com/r/Bitcoin/comments/aebatk/10_years_since_hals_running_bitcoin_tweet_rip/?rdt=62133

nostr:nprofile1qqs25myurze86j65r3veykngpj4n37n9jenkptpd0682u5h5fzgt6kswmkpc8 #Bitcoin #Satoshi

Working myself down the rabbit hole of the early days…

Does anybody know where to get a copy of this Wired issue? I would love to read that Cypherpunk article.

#Wired #Cypherpunk #Bitcoin

Still at the beginning I guess.

Of course there were posts, if you read them today, you see people understood certain things back then already. Satoshi himself already predicted several developments in the future like large scale

Mining Business. But my thesis is that there was almost nobody who both got it AND was able to explain that to Joe Average. Mainstreet people that were not into tech or cypherpunk stuff. Ok, Andreas Antonopolous was one but apart from that?

„Only people trying to create new coins would need to run network nodes. At first, most users would run network

nodes, but as the network grows beyond a certain point, it would be left more and more to specialists with server farms of specialized hardware.“

Satoshi, 2008

Satoshi was a fantastic thinker who envisioned the evolution of a mining industry with special mining computers back when the Genesis Block wasn‘t even created yet.

#Bitcoin #Satoshi