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Scott Melker (The Wolf Of All Streets)
Claim author · 📅 30.05.2026 · Bitcoin’s Creator Is Worth $80B – And Has...
Fulfilled

British Government Bails Out Banks

"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."

ℹ️ In shortThe British government had to bail out the banking system again in January 2009, after an earlier rescue package from October 2008 had failed.

Fulfilled. The British government announced a bank rescue package of approximately £500 billion on October 8, 2008. The headline in The Times on January 3, 2009, read: 'Chancellor on brink of second bailout for banks,' indicating the need fo...
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Verification ✦ Analysis generated with AI Pro
Methodology The British government announced a bank rescue package of approximately £500 billion on October 8, 2008. The headline in The Times on January 3, 2009, read: 'Chancellor on brink of second bailout for banks,' indicating the need for further action as the initial measures were deemed insufficient. A second rescue package was indeed announced on January 12, 2009.
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🔄 Last review: 20.06.2026 📥 Added: 20.06.2026
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AI-generated analysis: This result is an assessment by a language model, not an expert opinion or a legally binding verdict. Verify sources before making any decisions. Model: gemini-2.5-flash

For informational purposes only. Not investment, financial, legal or tax advice. Full disclaimer

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Source (proof) Plays from the quoted moment
Transcript excerpt English

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

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Scott Melker (The Wolf Of All Streets) 30.05.2026
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Bitcoin Protocol Durability

"And 17 years later, the protocol still runs. The supply schedule has held exactly as designed. The cap of 21 million coins remains absolutely intact. Block zero still sits there with the Times headline embedded inside it, immutable on every node on Earth. The 50 coins from that first block still sit there too, permanently frozen. And this hundred billion dollars still sits untouched and addresses everyone can see and no one can move. "

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"Because inside that Genesis block, Satoshi embedded a message. Not in the protocol, not in a comment. He put it inside what's called the Coinbase parameter of the first transaction, which is a field where the miner can put arbitrary data. 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. "

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"Today, at current prices, that pile of coins is worth somewhere over a hundred billion dollar. It would make Satoshi one of the wealthiest people on the planet. And those coins are sitting in known Bitcoin addresses on the public blockchain, traceable by literally anyone. And in 15 years, not a single one has ever moved. Not one. "

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"Then on January 3rd of 2009, about 2 months later, Satoshi Nakamoto turned the system on. He mined the very first block of the Bitcoin blockchain, the genesis block, block zero, the foundation. And every Bitcoin transaction that has ever happened in the 17 years since ultimately traces back to that single block on that single day in January of 2009. "

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