It's reminiscent of the message in the genesis block, which also had a new york times title in it. I believe it's a symbolic gesture to the tradition Satoshi started by leaving messages like this in blocks. Also interesting is how the feds are making larger bailouts than they were in the genesis block message, which makes me wonder at what limit will they not make ever-larger bailouts and just stick to a maximum size.

And happy halving day.

Actually, it had a headline from "The Times", which is a British newspaper, not "The New York Times". More specifically, this one: https://btcartgallery.com/2009/01/03/bitcoin-genesis-newspaper-chancellor-on-brink-of-second-bailout-for-banks/

At the start of 2009, when the genesis block was mined, the Fed had just rapidly expanded their balance sheet from around $800 billion to $2 trillion to deal with the 2008 financial crash. With all their most recent money printing activity, their balance sheet is currently sitting at a whopping $6.7 trillion, with more to come in the coming weeks.

It's a great move by F2Pool, but I'm a little disappointed they picked a headline from over a month ago instead of one from today, like the genesis block message was. I would have gone for "$15 trillion and counting: global stimulus so far" - https://www.reuters.com/article/health-coronavirus-cenbank/graphic-15-trillion-and-counting-global-stimulus-so-far-idUSL8N2CI81G

kudos to F2pool mining pool. it is a good reminder that not only nothing has changed in the past (a little more than a) decade but also it has gotten worse. the corrupted centralized monetary system with banks at their head is doing 10 times worse than they were doing before 2008 economy crisis. the worst part about 2008 crash is that nothing changed afterwards. banks got bailed out and they started doing the same exact things that led to the crash all over again and worse. if anything COVID-19 and the injection of trillions of dollars hastened the speed of reaching "the point of no return"!

We've all been making the same bet since day one. It's monopoly money versus scarce money. We can pretend that's not the case, that we think the dollar has a future, but I think, the people that have been there the longest mostly agree that money shouldn't be manipulated by those in power and that given enough time the dollar will be less valuable then toilet paper.

For a moment there in 2020, for a lot of people we could argue that toilet paper was more valuable then dollars. As dollars could no longer be exchanged for toilet paper.


That was a fantastic way to celebrate this momentous occassion.

The issue here is that majority of the population around the world know for a fact that FIAT currencies like the dollar are becoming more and more unstable over time due to the centralization aspect and digital payment methods are the future, but they still stick to FIAT due to its reliability factor.

Digital payment methods like Paytm, Google Pay etc have achieved mainstream popularity, but crypto still hasn't reached that point due to complications understanding them and the underlying volatility factor.

There were quite a few "Happy Halving" and "Thank you Satoshi" messages in block 630,001, but there weren't any at all in 630,000. Seems like the 20 second block time caught out everyone who was waiting for 629,999 to be mined before broadcasting their transaction with a high fee.

We had a price prediction of $148k by the end of next year:
https://blockchair.com/bitcoin/transaction/916145cc845e969b89be7ee25ce927a9c9480936a9897984a4b4f54339f1a68d

A couple mentioning COVID-19:
https://blockchair.com/bitcoin/transaction/065f61e52271bd7d3c154f79f68cc2a7704e32bdd4d2922c5601859cd592f6bd
https://blockchair.com/bitcoin/transaction/70a8639bc9b743c0610d1231103a2f8e99f4a25670946b91f16c55a5373b37d1

These are all OP_RETURN data though. No other mining pool included any message (outwith their usual stamp) in the coinbase data.

Messages from the genesis blocks (by Satoshi Nakamoto) and that one (by F2Pool) are solid proofs and reminders for bank bail-outs. Some next decades, people will realize how they wrongly believe in fiats and in banks. Fiat will turn into toilet papers or trashes like what we saw in Venezuela, and banks will end as bail out. The recent changes from them, developing and making digital currency are other steps to bring the to bail outs faster. With such stuffs, they won't have to spend too many resources to print money. Just write some code, then enter, and have a trillion of dollars readily to be distributed. That's awesome for banks but terrible for the global financial market.

I agree with you but I wrote, some next decades   . Hence, we might see some changes in perspective of people on banks and fiats. At the current period, it is difficult to convince the elderly, the past generations, like W. Buffet, Carlos Slim, etc. believe in and use bitcoin and other cryptocurrency but they will pass away or belong to the past next decades. For the younger generation, the current one they are more easily to accept bitcoin and cryptocurrency, and the future younger generations will more easily accept crypto. The world will change, next two or three generations.

It's just cool to know that even though F2pool grew bigger and bigger, it still believes that there is something wrong with the current system, and does not forget their roots by using bitcoin to voice out their opinion. It's a strong message I should say, and Chun is a cool guy believing in the vision of Satoshi himself.

I wish every halving, those who mined the block will also post their own message comparing to what the situation was on the previous halving.