# Gavin Andresen # 2011-08-12 18:05:13 # https://bitcointalk.org/index.php?topic=36218.msg451681#msg451681 Couple of things: @p{par} First, I want to squash the "Satoshi mined a bunch of bitcoins on his own before releasing the bitcoin chain" idea. He publicly announced bitcoin version 0.1 six days after he generated the genesis block: January 9, 2009: @p{brk} @s{(link)}@metzdowd.com/msg10142.html @p{par} According to the block chain history, he generated about 10 blocks total before the announcement. And we know that he didn't pre-generate blocks because the genesis block contains a quote from the January 3rd Financial Times newspaper. @p{par} Second, I have no problem with alternative block chains, I just don't personally like how this particular alternative block chain is being promoted and developed and introduced. In particular, I think it is unfair to keep hundreds of thousands of whatever-coins for yourself, and it is unwise to think that a bitcoin variation that is "almost exactly like bitcoin, only different because... well, just because" will ever have anything more than speculative value. @p{brk}