Back in 2009, Nakamoto received an email in which it was suggested that using only a few cents of computing power, it was likely to successfully generate coins.
In early 2009, the person who created Bitcoin, Satoshi Nakamoto, made the genesis block. On January 3 that year, the initial set of 50 BTC was generated.
Hal Finney, a Computer Scientist, was one of the initial testers of Bitcoin who worked together with Satoshi Nakamoto. On this day 14 years ago, Finney was the first person to tweet about Bitcoin.On January 12, 2009, the first ever Bitcoin transaction was performed. Satoshi Nakamoto gave 10 BTC to Finney.
This transaction showed that Bitcoin could indeed function as a money network.In a post on the Bitcointalk forum from that same time, the Computer Scientist said,“I think I was the first person other than Satoshi to run Bitcoin. I mined block 70-something, and I was the recipient of the first Bitcoin transaction, when Satoshi sent 10 coins to me as a test.”Finney also predicted the future value of Bitcoin.
He thought that considering the total global household wealth of approximately $100-300 trillion, each coin would eventually be worth about $10 million.In an email he sent to Nakamoto in 2009, he declared that the likelihood of producing coins at that time, with a few cents of computer time, could be “a smart bet.”
Finney’s profile on Twitter has been made active again.
In December 2022, Hal Finney’s Twitter account suddenly became active, despite the fact that he had not tweeted since 2010 and had passed away from a fatal illness in 2014. The tweet sent from his handle read, “This is Fran Finney. I am tweeting for Hal to prevent his account being removed by Elon.” At around the same time, Elon Musk announced that Twitter would delete over 1.5 billion accounts to free up certain usernames for more current and active users. He stated that these accounts have “no tweets & no log-in for years.” However, some members of the community argued that accounts owned by those who have passed away have “historical value” and should be kept.
Others specifically said that Hal Finney’s account https://twitter.com/cryptofinney should be kept. People in the space eventually thanked Fran Finney for continuing the account and were relieved to find out it would be kept.