A Bitcoin Killer Whale Surfaced In July 2021

Technology Regulated By Currency

The only laughing happening now is in the comment section of the numerous articles covering this story.

According to numerous reports, a Bitcoin address, worth about $26 million, was activated in July after being 'asleep' for over nine years. This article is a kind of wisdom in hindsight after I wrote the They Laughed When I Told Them Bitcoin Is A Glorified Ponzi Scheme article.

I have no interest in Bitcoin or any cryptocurrency, for that matter, but I do follow developments in blockchain technology. With that said, let me borrow a quote from Albert Einstein :

Maybe we all would be better of if we stood guard between technology and our fellow human beings. The least we can do is to sound the alarm bells. Anybody who hears the bell's toll is free to make their own decisions be it good or bad. Free will is sacred.

This bitcoin killer whale was not the only one that breached the waters to show itself in recent times. As an outsider looking in, the speculation in the articles, the comment sections of articles, and the immediate defensive reaction of the 'thought leaders' of 'big business should be in cryptocurrency' defenders can sometimes be comical if it was not such a serious matter.

This is not unusual for blockchain transactions but what is a bit strange is the Bitcoin amounts received and sent. So the one address receives roughly 616.20581993 BTC, and then it sends…

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