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Whenever I study the history of Bitcoin, I am impressed by the addresses that marked the beginning of everything. Let me share something I find quite fascinating about the three oldest wallets on the network.
It all starts with the Satoshi Nakamoto wallet, the one belonging to Bitcoin's creator. The address 1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa is historically significant because it contains the first mined Bitcoins — 50 BTC in the genesis block. What’s really interesting is that Satoshi’s wallets have remained inactive since 2011. No transactions. Nothing. Just about 1.1 million BTC sitting there, valued at over $100 billion, sleeping on the blockchain.
Then there’s the address of the Genesis Block itself, 1BvBMSEYstWetqTFn5Au4m4GFg7xJaNVN2, mined on January 3, 2009. This also has 50 BTC and has never moved since then. It’s like a digital artifact preserved for eternity.
And there’s a third address that deserves special attention — Hal Finney’s, 1AA6MpFpLvP3V4G3hHPGWuV1mH5pP5H1aa. Hal was one of the earliest supporters of Bitcoin and received the first transaction from Satoshi. This guy accumulated about 9,000 BTC, but unlike Satoshi, the Satoshi Nakamoto wallet remains completely static, while Hal’s funds were moved after his death in 2014.
It’s fascinating to think that these addresses represent the first steps of a financial revolution. With BTC trading around $66,880 now, those 1.1 million BTC of Satoshi are worth an astronomical fortune. But they remain there, untouched, as a silent monument to the early days of decentralized cryptography.