#sats (Satoshi) is a tribute to Satoshi Nakamoto

In 2009, Satoshi Nakamoto proposed the concept of Bitcoin. Satoshi Nakamoto believed that the core value of Bitcoin is decentralization and that it is a truly personal currency that cannot dilute personal property due to unlimited incremental issuance by sovereign currency issuers. Personal currency should be anonymous and uncontrollable by others.

However, as the virtual currencies of a large number of projects including Ethereum in the later period are centralized currencies controlled by the team, with large reserves reserved by the team, unlimited issuance, and even the ability to lock assets owned by others, the current currency circle has been completely separated. Satoshi Nakamoto’s original intention completely forgot the core values ​​of centralization, and it was completely the secondary sovereign currency of the project party. The currency in the bank is now controlled by the state; the currency purchased is controlled by the project party and the exchange. The current currency circle is completely different from what Satoshi Nakamoto originally thought. Even a large number of project parties have higher demands for project centralization than traditional currencies. It is purely a paradise for cutting leeks, with a lot of forks, imitation dishes, and a smoky atmosphere.

In order to return to what Satoshi Nakamoto's blockchain should be, and to commemorate Satoshi Nakamoto's great contribution, the global community spontaneously organized a challenge to burn SATS. In the end, 36,000 people around the world completed the challenge. This completion should be said It is the victory of Satoshi Nakamoto’s influence, and it is an innovative or revolutionary victory for ordinary people in the way centralized projects issue coins. #BTC