12-13-2022, 06:36 AM
[2010] In 2010, Gavin Andresen created a website that gave away 5 BTC to everyone wh
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/zjwjpp/2010_in_2010_gavin_andresen_created_a_website/"> <img src="https://b.thumbs.redditmedia.com/Melwr__rfmR4-iSw_H0AOEf9XiKslTYTRg_h7rPqpCc.jpg" alt="[2010] In 2010, Gavin Andresen created a website that gave away 5 BTC to everyone who solves a captcha!! He gave away over 20k BTC." title="[2010] In 2010, Gavin Andresen created a website that gave away 5 BTC to everyone who solves a captcha!! He gave away over 20k BTC." /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>In 2010, Gavin said BTC were the next big thing for money. These are taken from his blog he wrote in 2010.</p> <blockquote> <p>I'm excited because Bitcoin isn't a pie-in-the-sky theoretical idea for how to make a better currency. It is a working system that a few geeks (like me!) are already using and trying to break. It fixes these bugs in our current monetary systems: </p> <p>It doesn't require trust in any central authority; there is no central bank or company or board of directors controlling the currency. </p> <p>It is immune from long-term inflation, because it is designed so that only a limited number of Bitcoins will ever be created. </p> <p>It is a global currency and, like the Internet, national borders are pretty much irrelevant in the Bitcoin world. </p> <p>Because it is based on the best currently-known cryptography, it cannot be counterfeited.</p> </blockquote> <p>​</p> <p><a href="https://preview.redd.it/eg0x3kh9dg5a1.png?width=1817&format=png&auto=webp&s=cdc45755d6f3717520725b5816ac8097d2948f53">He shared his plans on the bitcoin talk forum</a></p> <p><a href="https://preview.redd.it/w42c9yyadg5a1.png?width=800&format=png&auto=webp&s=3a6b9c9ce2af074e6ce392999d76ec31c60834c9">He kept his word and created a 5 BTC faucet</a></p> <p>Gavin loaded it up with 1,100 BTC initially and posted it for all to try it out. He ended up giving away over 20K bitcoin!</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Far-Scholar9028"> /u/Far-Scholar9028 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/zjwjpp/2010_in_2010_gavin_andresen_created_a_website/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/zjwjpp/2010_in_2010_gavin_andresen_created_a_website/">[comments]</a></span> </td></tr></table>
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/zjwjpp/2010_in_2010_gavin_andresen_created_a_website/"> <img src="https://b.thumbs.redditmedia.com/Melwr__rfmR4-iSw_H0AOEf9XiKslTYTRg_h7rPqpCc.jpg" alt="[2010] In 2010, Gavin Andresen created a website that gave away 5 BTC to everyone who solves a captcha!! He gave away over 20k BTC." title="[2010] In 2010, Gavin Andresen created a website that gave away 5 BTC to everyone who solves a captcha!! He gave away over 20k BTC." /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>In 2010, Gavin said BTC were the next big thing for money. These are taken from his blog he wrote in 2010.</p> <blockquote> <p>I'm excited because Bitcoin isn't a pie-in-the-sky theoretical idea for how to make a better currency. It is a working system that a few geeks (like me!) are already using and trying to break. It fixes these bugs in our current monetary systems: </p> <p>It doesn't require trust in any central authority; there is no central bank or company or board of directors controlling the currency. </p> <p>It is immune from long-term inflation, because it is designed so that only a limited number of Bitcoins will ever be created. </p> <p>It is a global currency and, like the Internet, national borders are pretty much irrelevant in the Bitcoin world. </p> <p>Because it is based on the best currently-known cryptography, it cannot be counterfeited.</p> </blockquote> <p>​</p> <p><a href="https://preview.redd.it/eg0x3kh9dg5a1.png?width=1817&format=png&auto=webp&s=cdc45755d6f3717520725b5816ac8097d2948f53">He shared his plans on the bitcoin talk forum</a></p> <p><a href="https://preview.redd.it/w42c9yyadg5a1.png?width=800&format=png&auto=webp&s=3a6b9c9ce2af074e6ce392999d76ec31c60834c9">He kept his word and created a 5 BTC faucet</a></p> <p>Gavin loaded it up with 1,100 BTC initially and posted it for all to try it out. He ended up giving away over 20K bitcoin!</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Far-Scholar9028"> /u/Far-Scholar9028 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/zjwjpp/2010_in_2010_gavin_andresen_created_a_website/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/zjwjpp/2010_in_2010_gavin_andresen_created_a_website/">[comments]</a></span> </td></tr></table>