The path of BTC from birth to the present day

WhiteBIT
Published 23 February 2022
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The path of BTC from birth to the present day

Content

Let’s take a brief tour into the history of the very first and most popular cryptocurrency!

⏳ The history of Bitcoin began on the 31st of October 2008, when Satoshi Nakamoto published the project’s white paper. Later, in the winter of 2009, the first digital coins worth $0 appeared on the network, and the first transaction was made.

🍕 In 2010, Bitcoin was first used as a means of payment: developer Laszlo Hanyecz bought two large pizzas for 10 000 BTC at the rate of $0.0025.

📈 In the following years, the interest in cryptocurrency grew more and more. A real boom occurred in 2017 when people started to buy digital money massively, which provoked a significant increase in their rate.

💸 In 2021, the price of BTC reached its historic high of $68 000, and in El Salvador, the coin was officially recognized as a means of payment.

🤔 When did you first learn about Bitcoin and make your first purchase? Share your experience in the comments!

WhiteBIT Team