Birth and Early Years

- **2008** — Publication of Satoshi Nakamoto's White Paper "Bitcoin: A Peer-to-Peer Electronic Cash System"

- **January 3, 2009** — Creation of the genesis block and launch of the Bitcoin network

- **2010** — First real transaction: purchase of two pizzas for 10,000 BTC (Bitcoin Pizza Day)

- **2011** — BTC price first reached parity with the US dollar

## Period of Formation

- **2013** — First significant price increase to $1,000

- **2014** — Bankruptcy of Mt. Gox, the largest BTC exchange at the time

- **2015-2016** — Consolidation and technical development period

## Mass Recognition

- **2017** — Historic rise to $20,000, emergence of numerous altcoins

- **2017** — Activation of SegWit (Segregated Witness) for improved scalability

- **2018** — Launch of Lightning Network, a second-layer solution for fast transactions

- **2018-2019** — "Crypto Winter", a market correction period

## Institutional Acceptance

- **2020** — Third Bitcoin halving (reducing miner rewards by half)

- **2020-2021** — Major companies (Tesla, MicroStrategy) begin including BTC in their balance sheets

- **2021** — Acceptance of Bitcoin as legal tender in El Salvador

- **2021** — Launch of the first Bitcoin futures ETFs in the USA

- **2021** — Achieving an all-time high of around $69,000

## Modern Stage

- **2022-2023** — Consolidation period after market upheavals

- **2023** — Growing interest in Bitcoin as a safe-haven asset amid global economic instability

- **April 2024** — Fourth Bitcoin halving

- **2024** — Approval of spot Bitcoin ETFs in the USA, opening access for institutional investors

## Technological Achievements

- Implementation of Taproot (2021) — an upgrade that improves the privacy and efficiency of smart contracts

- Development of second-layer solutions (Lightning Network, Liquid Network)

- Increase in network hash rate, indicating improved blockchain security

Bitcoin continues to evolve as a technology and financial instrument, maintaining its position as a leader in the cryptocurrency market and continuing to attract attention from both private and institutional investors.

The information above is the result of research and summarization using artificial intelligence and is not investment advice.