Bitcoin Celebrates Its 14th Birthday

TL;DR On Tuesday (3 January 2023), Bitcoin will be celebrating the 14th anniversary of the mining of the genesis block by its pseudonymous creator Satoshi Nakamoto. The crypto community is celebrating this milestone by sharing their reactions on social media and reflecting on the impact that Bitcoin has had on the world since its inception.

On Tuesday (3 January 2023), Bitcoin is celebrating the 14th anniversary of the mining of the genesis block (i.e. block 0 of the Bitcoin network) by Bitcoin’s pseudonymous creator Satoshi Nakamoto.

Here are a few reactions from the crypto community:

On this day, 14 years ago, Satoshi Nakamoto mined the first ever #Bitcoin. To celebrate this historic day, buy your share of the finite Bitcoin supply with Mode💥 #Bitcoinbirthday — Mode (@modeapp_) January 3, 2023

Today in History 🤝

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

On January 3, 2009, Satoshi Nakamoto launched the main network of the first cryptocurrency, mining a genesis block of 50 bitcoins.

The price of BTC on that day was $0.0008 💰 — Mara (@TheMARAverse) January 3, 2023

Happy New Year everyone – back to work on #ProofOfKeys day. Today is the 14th birthday of #Bitcoin and it's time to reflect on where you keep your crypto! Do you use all the security at your disposal to self-custody, and if not, in whom do you place your trust? pic.twitter.com/QtwqA8NhjT — Kate Baucherel 🏳️‍🌈🏳️‍⚧️ (@KateBaucherel) January 3, 2023

Happy 14th birthday #bitcoin.

This is what your crazy uncle thinks of you:) https://t.co/ICUTYtyYTo — Chris Arbuthnot (@CH_Arbuthnot) January 3, 2023

On 31 October 2022, the crypto community celebrated the 14th anniversary of the release of Bitcoin’s white paper.

It was on 31 October 2008 that Satoshi released Bitcoin’s white paper, which was titled “Bitcoin: A Peer-to-Peer Electronic Cash System”. The original goal for Bitcoin was to be “a purely peer-to-peer version of electronic cash” 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 release of this white paper on the Cryptography Mailing List:

1/ 10 years ago today (Fri 6:10pm 2008-10-31 UTC) Satoshi Nakamoto announced the creation of #Bitcoin to the cryptography mailing list. Satoshi's creation is the most important innovation to money (itself the most important good in any society) in a thousand years.

A thread 👇 pic.twitter.com/22R1ZNMYE1 — Vijay Boyapati (@real_vijay) October 31, 2018

Hal Finney, the person person to receive BTC from satoshi, wrote eight days later that if Bitcoin one day became the “dominant payment system in use throughout the world”, each Bitcoin could be worth $10 million.

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

Image Credit

Featured Image via Pixabay

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