As in January of 2024 an unknown user sent 26.9 BTC valued at about $1.2 million at the time of the transaction, to the address Satoshi used to receive the first ever Bitcoin block reward. This transaction brought the holdings of the genesis address to almost 100 BTC.
I thought I have understood many things about bitcoin, but after an unknown sent bitcoin worth over 1 million dollars to the genesis address, I became more confused about bitcoin and feel there's conspiracy somewhere.
I asked myself these two questions;
- Could this be Craig Wright proving he is Satoshi
- Or some people are somewhere maybe Satoshi, using the BTC in Satoshi address as reserves to avoid hijack and manipulation of the bitcoin network
Hmmm.