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I was just reading some old posts on Bitcoin Forum and I found this post from July 06, 2011. It's crazy how people were thinking about Bitcoin back then. This dude could've made a ton of Bitcoins, but he chose to delete the wallets and "destroy" them. This is the dumbest Bitcoin story I've heard. Can't believe that.
Read this to see how stupid those people were back then.

I am an IT specialist at a medium sized European insurance company. Not in the large datacenters or anything, just a smallish dependance. We're with only two people in my department and we work together so basically we can do with the computers at our disposal what we want.
Including installing and running bitcoin miners.
Good for you! You might think. Nice bitcoins for us, ready to spend or trade on an exchange or whatever and it doesn't cost us anything! Other than a few lost hours reading into bitcoin and then registering for a pool and setting up some miners.
But. We're not in this for the money. The ideal is what matters to us, the idea behind bitcoin, the potential it has and what it could same day become. The problem is, we don't believe in that. We both feel bitcoin is an incredibly silly idea, a waste of resources (spare me the irony, we're aware of it) and a concept that is doomed to fail.
So, we destroy every coin we mine. It's amazing how much effort it takes PC's to create a bitcoin yet how easily they can be destroyed. It literally takes us no more than a minute every week. Delete the wallet.dat and create a fresh one and another 5 coins or so are gone forever.
Miner is running on 12 PC's at the moment, total hashing power close to 700 Mhash. Next week it's time roll it out on the other 40 machines.
Of course you can join our quest and start deleting your wallets from today and help us get rid of bitcoin. Coin by coin by coin by coin!

But this genius couldn't understand the idea of scarcity: The more coins he destroys, the more valuable the remaining coins become.
25 sats \ 0 replies \ @398ja 6 Oct
In hindsight this looks so silly, but to be fair, very few early adopters were blessed with the necessary common sense to see bitcoin's true potential and grasp its civilisational significance. I mean what were the odds?
Bitcoin was like a virus spreading in an immune naive environment. Only the strong could survive. The rest, people like me, had to build immunity by temporarily going astray on the shitcoin path etc.
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wonder if he's still sitting in his shitty european insurance company, watching the gov destroy the world with fiat printing, waiting for his pension and knowing that he could have been a multi, multi-millionaire and changing lives and communities around him for the better.
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21 sats \ 2 replies \ @OT 5 Oct
Lol
I wonder what they think about it now.
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They're probably on Butcoin. I'm serious.
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this - 100% derangement syndrome
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Is he alive today?
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it seems he understood exactly what he was doing "we're not in this for the money"
I sincerely thank them for their donation to the network!
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1 sat \ 0 replies \ @mf 5 Oct
Thank those for their donations to the network.
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Wow!! I never imagined I could read something like that... I mean, people who years ago didn't believe in bitcoin and destroyed it! Ignorance in one of its greatest expressions... Nowadays, if those people are still alive, which they most likely are... they must be pulling their hair out!! And if they take out a calculator and see how valuable it is today, not only represented in fiduciary money... but as a multifunctional asset and that in the not too distant future it will replace the little pieces of paper that are currently printed non-stop... the truth is it's crazy!!!
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How now I get it why we have 17% of lost bitcoin. Sad story.
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It's an incredible story. Imagine doing the proof of work, with your own computer, own equipment and then deliberately 'destroying' them (deleting and wallet and losing the keys). Crazy!
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Libtards are
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...crazy
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