⸺ Bull case · January 11, 2009 ⸺
Hal Finney
Cryptographer; first Bitcoin recipientEvangelist
“Imagine that Bitcoin is successful and becomes the dominant payment system in use throughout the world. Then the total value of the currency should be equal to the total value of all the wealth in the world… that gives each coin a value of about $10 million.”
Price at the call
—
Today
$61,577
Target · thought experiment
$10M
If you’d listened
—
pre-market call
Skin in the game
88/100
Mined Bitcoin in week one and received the first-ever transaction.
Patient Zero. The first person besides Satoshi to run Bitcoin and receive the first-ever transaction, posting his ~$10M-per-coin 'amusing thought experiment' days after launch — when a single coin had no market price at all. Infinitely bullish by definition.