History of Bitcoin
The Genesis Block
Section titled “The Genesis Block”Bitcoin was introduced in 2008 through a whitepaper published under the pseudonym Satoshi Nakamoto. The first block, known as the Genesis Block (Block 0), was mined on January 3, 2009.
Key Milestones
Section titled “Key Milestones”- 2008 — Whitepaper published: “Bitcoin: A Peer-to-Peer Electronic Cash System”
- 2009 — Genesis Block mined, first Bitcoin transaction
- 2010 — First real-world transaction: 10,000 BTC for two pizzas
- 2011 — Bitcoin reaches parity with USD
- 2013 — Price surpasses $1,000 for the first time
- 2017 — Bitcoin hits $19,783, mainstream attention explodes
- 2020 — Institutional adoption begins (MicroStrategy, Tesla)
- 2021 — El Salvador adopts Bitcoin as legal tender
- 2024 — Spot Bitcoin ETFs approved in the United States