The cryptocurrency exchange #Coinbase has placed a message on the #Bitcoin #block chain with its mining pool #F2Pool to commemorate the historic day #Coinbase went public on #Nasdaq.
The message written on the first Bitcoin block F2Pool released after #Coinbase was directly listed on Nasdaq included the New York Times headline dated March 10, 2021.
679,187. The message that was posted on the block and will be stored on the Bitcoin blockchain forever was:
"NYTimes 10 / Mar / 21 House of Representatives Approves $ 1.9 million Pandemic Relief Bill"
While this message has an important meaning as Coinbase is written on the block chain on the day it goes public, it is also a nod to Bitcoin's inventor #Satoshi #Nakamoto.
As is known, there is a message placed by Nakamoto in the first block of Bitcoin, referring to his intention to create an alternative form of money in the midst of the 2008-2009 global economic crisis. This message was the headline of The Times, published in England, on January 3, 2009:
"The Times 03 / Jan / 2009 Chancellor On The Brink Of Second Rescue Plan For Banks"
“The pandemic is spreading and printing money is widely used as an attempt to stimulate the economy to mitigate the effects of the crisis, but the increase in money supply also leads to an increase in inflation,” #F2Pool said in a statement. In this context, the possibilities of cryptocurrency as a risk aversion tool against traditional finance have become more evident. Coinbase's going public demonstrates investors' trust in cryptocurrency and is also an important step in the cryptocurrency's advance into the mainstream. It was said.
