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Fun Fact Of Today : The faucet that used to give you 5 BTC per day

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by COINS NEWS 88 Views

Okay this sounds crazy but in 2010 this was really a thing.

A man called Gavin Anderson created a website "freebitcoins.appspot.com" where users could claim 5 free bitcoins per day just by solving a captcha. The purpose was to promote Bitcoin and Cryptocurrency.

To first fuel the faucet, Anderson loaded it with 1100 of his own Bitcoins. After this was given away, the faucet was loaded by miners and also whales who donated coins.

Anderson stated " Bitcoin is a new kind of currency that is not created or controlled by governments like USD or EUR. It is created and controlled by anybody who wants to be part of the Bitcoin Network"

The faucet managed to give away 19,700 Bitcoins.

Andersons original posts about starting the faucet can be found online.

One person gifted Anderson 50 BTC because he felt bad receiving 5 for free.

What a piece of history this is!

submitted by /u/Unitedstatesofnever
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