Why do people regularly send BTC to the genesis wallet?

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1 BTC = $53566.11 USD  (via Coinbase)
1 ETH = $4228.40 USD  (via Coinbase)
1 LTC = $188.49 USD  (via Coinbase)
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About 5 times per month somebody will send about an average of .0001 BTC to Satoshi's genesis wallet 1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa. What is the purpose of doing this? Can funds in that wallet even be spent whether they are part of the original 50 BTC or not?

https://www.blocktrail.com/BTC/address/1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa/transactions

submitted by /u/hippophobe
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1 CRYPTO

Crypto News & ICO Reviews

1 News - 247 News - 247 Bitcoin - 1 Search

BTC - BCH - ETH - LITE - XRP

Buy Sell Trade Crypto Here

 

Ticker

1 BTC = $53566.11 USD  (via Coinbase)
1 ETH = $4228.40 USD  (via Coinbase)
1 LTC = $188.49 USD  (via Coinbase)
Quotes delayed up to 2 minutes.

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