#我的Gate交易时刻



On this day in previous years: Satoshi Nakamoto called Bitcoin loss a "donation to all holders" 16 years ago

On June 21, 16 years ago, Satoshi Nakamoto responded to a community user asking "How to solve the Bitcoin loss problem" by stating: Lost bitcoins only slightly increase the value of others' bitcoins, which can be seen as a donation to all holders.

Satoshi Nakamoto's statement from sixteen years ago about "lost coins being a donation" has now become an implicit deflationary mechanism amid Bitcoin halving cycles and the influx of ETF spot investments. This mechanism is being re-evaluated, especially as recent community debates around the BIP-361 proposal involve freezing approximately 1.1 million BTC held by Satoshi to address quantum threats. This move will directly impact Bitcoin's total circulating supply.

Satoshi's "donation" theory was initially viewed as a philosophical explanation, but now, with about 1.1 million BTC long dormant under his name, it has evolved from a community consensus into a systemic risk variable hanging over the protocol. Any proposals attempting to "activate" or "freeze" this portion of assets are no longer just technical discussions but directly challenge Bitcoin's core "immutability" belief and store-of-value narrative.
BTC-3.59%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments