Wednesday, February 1, 2023

Bitcoin Charity Event To Kick Off Jan. 1-10 In Honor Of Hal Finney

Must Read

Fran Finney, the widow of Hal Finney (who some people speculated could be Satoshi Nakamoto), recently surprised the Bitcoin community by announcing on Twitter that she will be hosting a charity half marathon in his honor.

Hal Finney was the first person to run Bitcoin software after Satoshi Nakamoto disengaged and vanished from the cryptocurrency spotlight.

Nakamoto is a pseudonym for the person or group of people who helped make the first Bitcoin software and wrote a paper in 2008 about the idea of cryptocurrencies.

Involved in the development of Bitcoin and the blockchain until around 2010, Nakamoto has since gone silent.

Fran made the statement through Hal’s official Twitter account. She had previously reactivated the account to protect it from Twitter’s deletion of dormant profiles.

Bitcoin Marathon For ALS

The purpose of the “Running Bitcoin” event is to raise funds for research into the treatment of amyotrophic lateral sclerosis or ALS.

This marathon is being hosted in collaboration with the ALS Association Golden West Chapter.

Prior to being diagnosed with ALS in August 2009, Hal Finney was a lifelong runner. In 2014, he passed away due to complications and was cryopreserved by the Alcor Life Extension Foundation.

“Running Bitcoin” is inspired after Hal Finney’s first Bitcoin Twitter, which he sent just days after Bitcoin went live in 2009.

There have been other memorable tweets on the crypto Twitter platform, but none will eclipse Hal’s tweet.

Hal’s tweet is the earliest recorded tweet about the maiden cryptocurrency, which is currently the largest in terms of market capitalization.

This experiment would eventually give rise to an industry worth trillions of dollars, but back then almost no one could have foreseen that outcome.

Hal is also renowned for being the first person to receive 10 BTC from the enigmatic Nakamoto. Although Hal’s actual BTC holdings are unknown, they are estimated to be worth millions of dollars in today’s exchange rate.

As of writing, Bitcoin was trading at $16,669, down 1.5% in the last seven days, data from Coingecko shows.

Running Bitcoin will kick off between Jan. 1 and 10 . It attempts to engage as many individuals as possible in running or walking while securing Bitcoin donations for ALS research.

BTC total market cap at $320 billion on the daily chart | Chart: TradingView.com

Charity Event To Raise Over $50,000

According to the Johns Hopkins Medicine website, ALS, often known as Lou Gehrig’s disease, is a neuromuscular disease characterized by progressive nerve cell degeneration in the brain and spinal cord.

The condition affects up to 30,000 people in the United States, with 5,000 new cases identified annually.

Earlier this month, Fran took over her husband’s Twitter account after learning that his profile could be deleted under Elon Musk’s anti-spam rules. She stated that she will continue to tweet from her husband’s account from time to time.

Meanwhile, the half marathon campaign has raised more than $8,600, including $4,020 from Fran. The organizers hope to raise $50,000 or more.

Numisteamone

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest News

Yandex leak includes source code for popular Russian search engine

Facepalm: As the fourth largest search engine in the world, Yandex is a real tech giant...

More Articles Like This