$BTC $BTC Bitcoin was first designed by Satoshi in 2007 when he believed that a transaction system could be created without requiring members to trust each other. The domain bitcoin.org was registered on August 18, 2008.[17]

Bitcoin was first mentioned on October 31, 2008, in a white paper[18] about the peer-to-peer payment protocol by the anonymous figure Satoshi Nakamoto.[19] It started to be used from January 9, 2009, with the creation of the first Bitcoin block (genesis block). The following text was embedded in the content of the genesis block: