The first 50 BTC block reward went to address 1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa,[1] though this reward can't be spent due to a quirk in the way that the genesis block is expressed in the code. It is not known if this was done intentionally or accidentally.[4][5][6] It is believed that other outputs sent to this address are spendable, but it is unknown if Satoshi Nakamoto has the private key for this particular address, if one existed at all.
The detail "second bailout for banks" could also suggest that in a supposedly liberal and capitalist system, rescuing banks like that was a problem for Satoshi. The chosen topic could hint at bitcoin's purpose.
Although the average time between Bitcoin blocks is 10 minutes, the timestamp of the next block is a full 6 days after the genesis block. One interpretation is that Satoshi was working on bitcoin for some time beforehand and the The Times front page prompted him to release it to the public. He then mined the genesis block with a timestamp in the past to match the headline. It is also possible that, since the block's hash is so low, he may have spent 6 days mining it with the same timestamp before proceeding to block 1. The prenet hypothesis suggests that the genesis block was solved on January 3, but the software was tested by Satoshi Nakamoto using that genesis block until January 9, when all the test blocks were deleted and the genesis block was reused for the main network.
This was probably intended as proof that the block was created on or after January 3, 2009, as well as a comment on the instability caused by fractional-reserve banking. Additionally, it suggests that Satoshi Nakamoto may have lived in the United Kingdom.[3]
