Bitcoin turned 18 this week. It also got the worst birthday present possible: the biggest crypto hack ever 🙏
Now Binance is reopening withdrawals in stages, and BTC was the first network to come back. Most of the stolen assets have been covered, and SAFU is backing the rest. There was no bank run. People stayed.
Rewind to Oct 31, 2008. Satoshi drops a 9-page PDF called "A Peer-to-Peer Electronic Cash System." Lehman had just collapsed and banks were living on bailouts. In January 2009 he hard-coded a headline into the genesis block: "Chancellor on brink of second bailout for banks." The whole point was simple: stop needing a middleman.
And every time something like this happens, you see the same pattern. Hackers go after people and centralized entry points. The chain itself keeps running.
18 years later, decentralization didn't kill centralization. They grew up together💪💪#Binance #Hack #BTC
Now Binance is reopening withdrawals in stages, and BTC was the first network to come back. Most of the stolen assets have been covered, and SAFU is backing the rest. There was no bank run. People stayed.
Rewind to Oct 31, 2008. Satoshi drops a 9-page PDF called "A Peer-to-Peer Electronic Cash System." Lehman had just collapsed and banks were living on bailouts. In January 2009 he hard-coded a headline into the genesis block: "Chancellor on brink of second bailout for banks." The whole point was simple: stop needing a middleman.
And every time something like this happens, you see the same pattern. Hackers go after people and centralized entry points. The chain itself keeps running.
18 years later, decentralization didn't kill centralization. They grew up together💪💪#Binance #Hack #BTC
