Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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...
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
The moment this happens, it will be the end of Bitcoin.