Bitcoin’s Halving Block Contained a Strange Message

Bitcoin’s Halving Block Contained a Strange Message 1024 500 Crypto Rand Group
Halving message

The miners who extracted Bitcoin’s 630,000 block (thus triggering the third halving of Bitcoin’s mining reward), paid homage to Bitcoin’s creator with the message they inscribed on the block itself:

NYTimes 09/Apr/2020 With $2.3T Injection, Fed’s Plan Far Exceeds 2008 Rescue

The headline is in reference to this NYT’s article on the Fed’s response to the incipient economic crisis. The template used by F2Pool (the miners who mined the 630,000 block) is an allusion to one left by Bitcoin’s creator on the first block of Bitcoin’s network over a decade ago:

The Times 03/Jan/2009 Chancellor on brink of second bailout for banks

Satoshi Nakamoto launched Bitcoin in the midst of the 2008/9 financial crisis as an alternative to the current system, and with this encoded message (a nod to another article on central bank bailouts), he emblazoned this intention to the world on the bedrock of the Bitcoin blockchain.

The foil could not be starker. And upon Bitcoin’s third halving, during a time of even greater economic crisis and macro uncertainty, F2Pool’s message is passing the baton—a profound gesture to some of Bitcoin’s core proponents.

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