On August 29, 2025, the crypto community remembers Hal Finney, a renowned cryptographer and the first Bitcoin user, who passed away 11 years ago.
Hal Finney's Role in Bitcoin History
Finney was among the first individuals to download and install Bitcoin software when it was released by the pseudonymous creator Satoshi Nakamoto. During his early experimentation with Bitcoin, Finney mined the cryptocurrency, identifying and fixing software issues.
Finney's Predictions and Achievements
Finney predicted that Bitcoin would reach a value of millions of dollars, including a notable forecast of $10 million per BTC. His active involvement in the crypto space began when Bitcoin was valued at mere cents.
The Mystery of Satoshi Nakamoto
Finney made a mark when Satoshi Nakamoto sent him the first Bitcoin transaction on January 12, 2009, transferring 10 Bitcoin. He was also one of the first to reply to Satoshi's publication of the white paper. Finney was diagnosed with amyotrophic lateral sclerosis (ALS) in 2009 and passed away on August 28, 2014. Although he was speculated to be Satoshi Nakamoto, Finney denied this before his passing, and the true identity of Satoshi remains a mystery.
Hal Finney left a lasting impact on the history of cryptocurrency, and his contributions to the development of Bitcoin and the crypto industry remain significant.