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Hi all,
Before I start, I would like to point out this is a repost. I posted this in here a couple of months back and it got some traction. I noticed that this particular subreddit is still growing quite rapidly and I figured that some of you may find this an entertaining or interesting story if you haven't read it yet since it kind of matches the subreddit's theme.
So the story is one about Bitcoin. I'm pretty sure you've all heard about this online digital currency by now. It was invented in 2008 and became quite popular because of its private transaction nature. Bitcoin has a very mysterious legacy that starts with its inventor. Its inventor published the Bitcoin paper online in 2008 and helped develop Bitcoin online up until may 2011. Til that time, the inventor of Bitcoin had never revealed his identity to the public, and was only known by his online pseudonym, Satoshi Nakamoto. But in may 2011, Satoshi vanished and left a note saying he had moved on 'to other things'. Satoshi never resurfaced and still owns approximately 1 million Bitcoin that remain unspent and unmoved until this very day (worth $4,000,000,000 as we speak). Some have claimed to be him, others speculate that he is dead, but the fact is that only Satoshi has access to those ancient wallets containing the dormant Bitcoins. Noone has ever come forward to unlock one of the wallets in front of the public, which would proof the ID of satoshi. It is one of the biggest online unsolved mysteries ever.
Anyway - this thread isnt about Nakamoto. Its about the weird and criminal community that revolved around Bitcoin in its earliest years. Within this small community, mostly residing on Bitcointalk, there was a lot of drama going down in 2011 about various hacks, ponzi's and exit scams back in those days. Since the community was pretty tight and close, this often lead to heavy finger-pointing and deep online investigations. Some of the stories were very conspiracy-like and run quite deep. The article linked below sums up many of those events chronologically while also presenting all the community hassle that revolved around it in a fun way, it is worth a read and is called "Bitcoin down the rabbit hole - Online drama and unsolved mysteries in Bitcoin's earliest days..". Hope you enjoy.
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The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools. Follow us on Twitter @CoinSalad.
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At Cryptoknowmics platform read various crypto blogs, bitcoin blogs to know update news & Knowledge about digital cryptocurrency. Be updated with cryptoknowmics for latest crypto events,Airdrops,& Blogs, visit: https://www.cryptoknowmics.com/crypto/blog/
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