Bitcoin celebrates its 14th anniversary

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This Tuesday (January 3, 2023), Bitcoin celebrates the 14th anniversary of the mining of the genesis block (i.e. Block 0 of the Bitcoin network) by pseudonymous Bitcoin creator Satoshi Nakamoto.

Here are some reactions from the crypto community:

On this day, 14 years ago, Satoshi Nakamoto mined the very first #Bitcoin. To celebrate this historic day, buy your share of the finite supply of Bitcoin with the #Bitcoinbirthday mode

Fashion (@modeapp_) January 3, 2023

Today in History

Today is the 14th anniversary of the launch of the bitcoin core network.

On January 3, 2009, Satoshi Nakamoto launched the first cryptocurrency’s mainnet, mining a 50 bitcoin genesis block.

The price of BTC that day was $0.0008

Mara (@TheMARAverse) January 3, 2023

Happy New Year everyone back to work on #ProofOfKeys day. Today is #Bitcoin’s 14th anniversary and it’s time to think about where you keep your crypto! Do you use all the security you have to ensure your custody, and if not, who do you trust? pic.twitter.com/QtwqA8NhjT

Kate Baucherel (@KateBaucherel) January 3, 2023

On October 31, 2022, the crypto community celebrated the 14th anniversary of the publication of the Bitcoins whitepaper.

On October 31, 2008, Satoshi published the Bitcoins white paper, titled Bitcoin: A Peer-to-Peer Electronic Cash System. Bitcoin’s original goal was to be a purely peer-to-peer version of e-money that would allow online payments to be sent directly from one party to another without going through a financial institution.

This is how Satoshi announced the publication of this white paper on the Cryptography mailing list:

1/ 10 years ago today (Fri 18:10 2008-10-31 UTC) Satoshi Nakamoto announced the creation of #Bitcoin on the crypto mailing list. Satoshi’s creation is the most important innovation for money (itself the most important asset in any society) for a thousand years.

A thread pic.twitter.com/22R1ZNMYE1

Vijay Boyapati (@real_vijay) October 31, 2018

Hal Finney, the person who received the BTC from satoshi, wrote eight days later that if Bitcoin ever became the dominant payment system used around the world, each Bitcoin could be worth $10 million.

On January 3, 2019, the Bitcoin network went live with Satoshi mining the bitcoin genesis block (block number 0), which had a reward of 50 BTC.

Image credit

Featured image via Pixelabay

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