Happy Birthday, Bitcoin: Top Cryptocurrency Turns 14.
, 2023-01-03 10:31:41,
Bitcoin marked its 14th year on Jan. 3 and continues to captivate the minds of investors, despite its current slump. The digital asset has persevered through many trials and tribulations over the years, and reaching this 2023 birthday is another hallmark of its resilience.
From a humble beginning to riding continual roller coasters in price and gaining more mainstream adoption, Bitcoin has been one of the most impactful inventions of the 21st century. Social media was rife with posts celebrating the cryptocurrency’s latest birthday, toasting to many more years of growth for the young asset.
Key Takeaways
- The genesis block of Bitcoin (BTC) was mined on Jan. 3, 2009; that date in 2023 marked its 14th birthday.
- The asset and its blockchain technology have had a profound impact on the world and survived multiple challenges.
- Adoption of Bitcoin continues to increase, with more companies and countries buying in to the asset.
- The crypto community has celebrated the occasion, predicting many more years of growth for Bitcoin.
A Humble Start
Satoshi Nakamoto, the famed and mysterious Bitcoin creator, mined the first block of Bitcoin on Jan. 3, 2009.Nakamoto received 50 BTC as a reward for the genesis block—a holding that would be a massive sum by today’s standards for the token’s value.
His reward can’t be spent because Satoshi didn’t send the transaction from the genesis block to the global transaction database. It is unclear whether this was…
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