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pnwmom

(108,955 posts)
Fri Jul 13, 2018, 11:55 PM Jul 2018

Remember when in Jan 2017 Sean Spicer appeared to tweet out a "bitcoin hash"?

Then he quickly deleted it.

This is a bit curious since its use for moving a few pennies around made no sense.

And the Mueller indictment says the Russians were using bitcoin.

I know, so are a lot of other people. Still.

https://www.ccn.com/trumps-press-secretary-tweets-out-a-bitcoin-string/

Sean Spicer, Trump’s press secretary, tweeted out a bitcoin hash back in January 2017. The tweet was quickly deleted, but it led to a rumor mill speculating he had just let everyone know his password. That wasn’t the case, it appears the apparently random string “n9y25ah7” was a bitcoin blockchain based verification code.

SNIP

The address only received pennies or less, by another address which received pennies or less. Some quick blockchain analysis suggests there are three or four hoops until we get to an address with a respectable amount of bitcoins, but how any of this moved is somewhat puzzling considering bitcoin fees are at a dollar or more.

What might be less puzzling is why Spicer might have used the bitcoin blockchain as a means of authentication because this was just days after Julian Assange, the WikiLeaks founder, used the blockchain as proof of life by revealing the hash of a timely address in a much-publicized event.

That most probably raised bitcoin’s profile by revealing a somewhat unique use – proof of identity – in a very hard to forge manner, not much different than a PGP key. It may well be the case Spicer thought to use the same functionality for whatever reason, but that he did so is fairly significant.

Firstly, it shows bitcoin is now very much mainstream in America. It further indicates many within Trump’s administration are not only aware of bitcoin, but actually use it. Something we speculated before and after the election, with many guessing the new administration would be much more friendly to this space.

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Remember when in Jan 2017 Sean Spicer appeared to tweet out a "bitcoin hash"? (Original Post) pnwmom Jul 2018 OP
Yeah, well canetoad Jul 2018 #1
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