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[2010] In 2010, Gavin Andresen created a website that gave away 5 BTC to everyone who solves a captcha!! He gave away over 20k BTC.

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[2010] In 2010, Gavin Andresen created a website that gave away 5 BTC to everyone who solves a captcha!! He gave away over 20k BTC.

In 2010, Gavin said BTC were the next big thing for money. These are taken from his blog he wrote in 2010.

I'm excited because Bitcoin isn't a pie-in-the-sky theoretical idea for how to make a better currency. It is a working system that a few geeks (like me!) are already using and trying to break. It fixes these bugs in our current monetary systems:

It doesn't require trust in any central authority; there is no central bank or company or board of directors controlling the currency.

It is immune from long-term inflation, because it is designed so that only a limited number of Bitcoins will ever be created.

It is a global currency and, like the Internet, national borders are pretty much irrelevant in the Bitcoin world.

Because it is based on the best currently-known cryptography, it cannot be counterfeited.

He shared his plans on the bitcoin talk forum

He kept his word and created a 5 BTC faucet

Gavin loaded it up with 1,100 BTC initially and posted it for all to try it out. He ended up giving away over 20K bitcoin!

submitted by /u/Far-Scholar9028
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