Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
philipma1957
on 04/01/2023, 13:54:40 UTC
Community celebrates Bitcoin Genesis Day by sending BTC to the genesis block
The wallet address now contains around 68.56 BTC, which is worth around $1.1 million at the time of writing.

News link: https://cointelegraph.com/news/community-celebrates-bitcoin-genesis-day-by-sending-btc-to-the-genesis-block

Hopefully adding Bitcoin with somethink new...

Well from my understanding sending BTC to the Genesis block is like burning your BTC - accordingly, by design, coins in the genesis block can never be spent.  

The bitcoin genesis block is the ONLY block that had been created in such a "never can be spent" way.

Yeah until the developers decide to take the coins out and use them to reward miners in say 2056