this post was submitted on 24 Oct 2025
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[–] dhork@lemmy.world 4 points 1 week ago (1 children)

That's only about 1200 BTC....

[–] quick_snail@feddit.nl 2 points 1 week ago (1 children)

So about $200 for an early miner.

[–] dhork@lemmy.world 1 points 1 week ago* (last edited 1 week ago) (1 children)

Exactly, you get it. There are a bunch of people running around who got a cheat code for life-changing amounts of untraceable* money. They did nothing more than run the right software at the right time, but they think that makes them geniuses. They are pouring it into this administration right now, because our President has made it clear that he is for sale to the highest bidder.

* = yeah, I know BTC really is traceable, its security is in the math of large numbers. But anyone dabbling in BTC that early is at least smart enough to know how to maintain their anomymity.

[–] quick_snail@feddit.nl 2 points 1 week ago (1 children)

It's not possible to maintain anonymity on bitcoin. We were especially ignorant of that in the early days.

Also, I would argue that the majority of btc early adopotes were antifascists. The capitalists came later.

[–] dhork@lemmy.world 1 points 1 week ago (1 children)

You think these early adopters actually kept their moral compass after becoming bazillionaires? They're capitalists now, too.

[–] quick_snail@feddit.nl 2 points 1 week ago* (last edited 1 week ago)

Many people did, yes. Many others didn't, yes.

Not everyone is corrupted by money.

I'm one of them (well not a bazillionare, but I got in early enough to retire in my 30s). I spend most of my time doing volunteer work for nonprofits.