Bitcoin is 14 Years Old! What Is The Moment It All Started? “Bitcoin Genesis Day”

Bitcoin turns 14 today, with the anniversary of “Bitcoin Genesis Day”. Exactly 14 years ago, Bitcoin, whose first block was created, pioneered the crypto money market, whose market value rose to $ 2 trillion.

bitcoin January 3, 2009 was created and “The Genesis Block” It was found by Satoshi Nakamoto, the creator of the first block cryptocurrency known as Difficulty 1 and the reward 50 BTC Genesis Block, possibly Bitcoin mining most lucrative It went down in history as one of the block rewards. However, the Genesis Block reward is higher than other block rewards. on the contrary Although it was transferred to a normal address, according to experts, it was probably for a deliberate reason that prevented the expense transaction from being added to the database. inconsumable.

On the other hand, this address, which is Satoshi Nakamoto’s, sometimes a few to pay can be seen to be the subject. February 2021 several times since from cent address as the sum of millions of transactions 721 thousand dollars worth 18.37 BTC has been sent. These transfers are a credit to Satoshi Nakamoto. gratefulness display It is presumed that it was sent as Satoshi Nakamoto, approx. 18.3 billion worth a dollar to 1.1 million BTC although it has only on-chain data 50 dollars spent spending.

First Transaction and Famous Bitcoin Proponent Hal Finney

First Bitcoin transaction approximately after the network is operational. 1 week was done later. First Bitcoin transaction From Satosthi Nakamoto to Hal Finney It was a direct transfer. This transfer is part of the community. That Hal Finney is Satoshi Nakamoto it made him believe.

80 Million Dollar Pizza

Bitcoin’s market value was initially largely determined between the buyer and the giver, and a common market value could not be found. by Laszlo Hanyecz 41 dollars for two pizzas worth 10,000 BTC paid in May 2010 value of one Bitcoin $0.04 was taken as the basis. Bitcoin ever since 41.7 million gained value. Laszlo, years later, is about to buy a pizza. $83.5 million by paying of the world most expensive your pizza He went down in history as a man who ate.

Chancellor on the Verge of Second Bailout for Banks…

Bitcoin’s technical text published in November 2008 The global economy is a big your stagnation was in the middle. The world economy that year, the year the banks collapsed one by one saved in memory. Satoshi Nakamoto refers to the time parameter of the Genesis Block to refer to this state. The Times He added the following message, referring to the newspaper’s headline:

The Times 03/January/2009

The Chancellor is on the verge of a second bailout for banks.

This message is also by Satoshi Nakamoto of Bitcoin’s original code. 1616. saved in the line. These messages were later voted by the community as Nakamoto’s Bitcoin, unjust monetary easing, corruption and counterfeiting challenges faced by fiat currencies such as able to overcome He thought it was designed for.

One Million Dollars Goal

On the other hand, in the source codes of Satoshi Nakamoto, a Bitcoin to 1/100,000,000 corresponding “Satoshi” also included the unit. clearly in the dollar system “to cent” because of this referenced unit, the community believes that Satoshi Nakamoto is a Bitcoin 1 million dollars believes that it will reach its value.

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