Back to Crypto: Bitcoin pioneer -Hal Finney

in bitcoin •  5 years ago 

Hal Finney was one of the first Bitcoin miners, adopters and the receiver of the first BTC transaction from Satoshi Nakamoto. BTCMEX tracks his contribution to the crypto industry in today’s Throwback.

Throwback Thursday by BTCMEX

His complete name is Harold Thomas Finney II. So who is he? He is considered to be the pioneer and developer of Bitcoin — the first successful currency. Back in 2009, after the Bitcoin block 1 was mined, Satoshi Nakamoto sent the first 10 BTC to Finney on January 12.

Hal Finney was the first person to download the Bitcoin software and start “Running bitcoin”, as his Twitter post dated January 10, 2009, stated. He operated as one of the first miners of the Bitcoins network and improved the Bitcoin software significantly.

In a post from December 2010, Finney suggested that the traditional banking system might one day embrace bitcoin. He wrote: “I see Bitcoin as ultimately becoming a reserve currency for banks, playing much the same role as gold did in the early days of banking. Banks could issue digital cash with greater anonymity and lighter weight, more efficient transactions.” As we can see today his words are coming true with the global economic reset.

Read about life and contributions of Hal Finney in the full article on BTCMEX.

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Please, note, that the article is a part of BTCMEX Blog, the views and opinions expressed here are the contributing author’s only, and do not necessarily represent the views of the company.

Julia Bulakh for BTCMEX

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