13 Years On, the Meaning of ‘Chancellor on the Brink of Second Bailout for Banks’

The genesis block “Easter egg” provided the beginning of an ideology for the nascent network.

Listen or watch all the new CoinDesk podcast episodes wherever you want.

ABOUT

This episode is sponsored by Nexo, Abra and FTX US.

Download this episode

Thirteen years ago today, Satoshi released the Bitcoin genesis block - block 0. Embedded in it was a quote, “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.” In today’s episode, NLW explores the meaning and historical context of the inclusion.

Join the discussion: https://discord.gg/VrKRrfKCz8

“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is Time by OBOY. Image credit: Rob Mitchell, CoinDesk.

HOST

Nathaniel Whittemore

NLW is an independent strategy and communications consultant for leading crypto companies as well as host of The Breakdown – the fastest-growing podcast in crypto. Whittemore has been a VC with Learn Capital, was on the founding team of Change.org, and founded a program design center at his alma mater Northwestern University that helped inspire the largest donation in the school’s history.