It’s almost difficult to believe that later in 2022, Bitcoin will celebrate its 14th “birthday.” Over the last 14 years, Bitcoin has made great strides, growing ridiculously and setting itself up to usurp the U.S. Dollar as the world’s reserve currency.
Although Bitcoin has been around for what seems to be forever, the month of January has been important over the years with several historic events and milestones in Bitcoin’s past.
2009: THE DAWN OF BITCOIN
On January 3, 2009, months after publishing the Bitcoin white paper, Satoshi Nakamoto made history when he mined the Bitcoin genesis block, signing it with the message, “The Times Jan/03/2009 Chancellor on brink of second bailout for banks,” officially launching the Bitcoin network and highlighting some of the financial turmoil that inspired his invention of Bitcoin.
A mere six days later, on January 9, the first Bitcoin (0.1) client was released, enabling users to perform Bitcoin transactions and paving way for the first Bitcoin transaction to take place on January 12, when Satoshi Nakamoto sent Hal Finney 10 BTC on block number 170.