13 Years Now 5000 Bitcoin Was Sold For $5

Few days ago, October 12th to be precisely, it is one of notable event which has taken placed in the era of bitcoin has the first transaction of 5,000 bitcoin was recorded. It was said that this transaction took place between Satoshi Nakamoto and Martti Malmi who helped in the early development of the digital asset bitcoin.

source
By this timing bitcoin had no market place where this transaction can take place, this was recorded as one of the oldest transaction to ever take place on the blockchain.

Some other well know historic event which has taken placed over a decade now is the bitcoin=pizza which was recorded that a certain man paid 10,000 btc as exchange for for just pizzas worth $25.

Well with all the notable success there are some conspiracy behind the scene such as who is Satoshi?

In simple terms I would explain, Satoshi is regarded as the founder or creator of bitcoin, if he is an individual or a body nobody knows. To me personally the anonymous event of this has rubbed off successfully on the primary digital asset. Well a brief definition of what bitcoin is;

Bitcoin is a cryptocurrency, a virtual currency designed to act as money and a form of payment outside the control of any one person, group, or entity, and thus removing the need for third-party involvement in financial transactions. It is rewarded to blockchain miners for the work done to verify transactions and can be purchased on several exchanges.

Bitcoin was introduced to the public in 2009 by an anonymous developer or group of developers using the name Satoshi Nakamoto.

If you see this post on a Web2 ecosystem and you have no clue about what Leofinance is here is a brief definition;

LeoFinance is a blockchain-based Web3 community that builds innovative applications on the Hive, BSC, ETH and Polygon blockchains. Our flagship application: LeoFinance.io allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.
Over here we refer to users as lions, so are you ready to be a lion here is my referral link

Also don’t forget in contributing to the pHBD-USDC pool, and from statistics it looks like we will be able to archive the set target in a few months, let’s do our own part in growing the pHBD-USDC liquidity and also take out time to participate in the Leo power up challenge which happens every 15th of each month.

Let’s also connect on some of the web2 platform.
Twitter:Hironakamura

Posted Using LeoFinance ^Beta