A Brief History of Bitcoin

In 2008, during the financial crisis, Satoshi Nakamoto published the Bitcoin white paper, which proposed the concept of a decentralized digital currency. The first Genesis Block was mined in 2009, and the first purchase occurred in 2010, where 2 pizzas were bought for 10,000 bitcoins.

In 2013, the price of Bitcoin reached $1,000, but in 2014, the market crashed after the Mt. Gox hack. In 2017, it surpassed the milestone of $20,000, but in 2018, it fell again to $3,000.

In 2021, El Salvador declared Bitcoin as legal tender, and it reached an all-time high of $69,000. After the Halving in 2024, its supply decreased and further price increases are expected.

Today, Bitcoin is considered digital gold, and people around the world regard it as a symbol of financial freedom.

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