Happy 14th Birthday, Bitcoin!
Today marks the 14th anniversary of the mining of the Genesis Block. Happy 14th Birthday, Bitcoin! The media has proclaimed Bitcoin has died 467 times yet here we are!
Bitcoin Turns 14 But After Being Declared ‘Dead’ 467 Times — Here’s Tracking Its Journey
Today marks the 14th anniversary of Bitcoin – the world’s largest and most popular cryptocurrency. Since its mysterious creator Satoshi Nakamoto released a whitepaper outlining its potential back in 2009, there has been much debate and skepticism about its potential. Bitcoin has been declared “dead” a staggering 467 times since then.
What Happened: On January 3, 2009, the first block of the Bitcoin blockchain, referred to as the Genesis block, was mined by Nakamoto.
Bitcoin’s “death” can be tracked at Bitcoin Obituary, a parody website that collates news articles and blogs. It has already been declared dead 27 times in 2022 and 47 times in 2021. But the highest number of “deaths” it recorded (124) was in 2017, when its market cap hit $100 billion for the first time.
When it comes to marking meaningful milestones in the Bitcoin origin story, there are two important dates that stand out. First and foremost is Oct. 31, the day the Bitcoin white paper was first published by Nakamoto, introducing the world to their groundbreaking vision of a decentralized digital cash system – the conceptual `birth’ of Bitcoin. Jan. 3 is just as momentous – it is the date that Bitcoin officially came into being for the first time and was mined for the very first time, making it the `birth’ of the world’s first cryptocurrency.
Gotta laugh at the Financial Times’ Birthday tribute to Bitcoin; should we expect any less from them, though? ***
Happy birthday to a ‘giant Ponzi scheme’, from bitcoin’s accidental co-creator