"The British government had just bailed out the banking system three months earlier in October of 2008 with a 500 billion pound rescue package. The January 3rd headline was about a second round being needed because the first one had not worked."
Predictions closed
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… And the data he put there that has been preserved forever in the immutable record of every Bitcoin node on Earth read exactly this quote. The Times 03 January 2009, Chancellor on brink of second bailout for banks. That was the headline from the front page of the Times of London that morning. A real newspaper, a real headline. The British government had just bailed out the banking system three months earlier in October of 2008 with a 500 billion pound rescue package. The January 3rd headline was about a second round being needed because the first one had not worked. So when Satoshi quoted that headline, the message was unmistakable. They did it once, now they were doing it again. This was exactly what he was building against. And he made sure that the very first transaction on the very first block of Bitcoin's existence was timestamped with that headline permanently forever on every single copy of the Bitcoin …