Satoshi Nakamoto’s Legendary Bitcoin Quote Rings True After 16 Years
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Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Bitcoin’s mysterious creator(s), Satoshi Nakamoto, continues to inspire the cryptocurrency community even several years after Bitcoin was launched and the BTC creator exited the scene. Bitcoin historian Pete Rizzo recently shared on X (formerly Twitter) a statement made exactly 16 years ago by the Bitcoin creator, on Jan. 16, 2009: “I might make some sense just to get some in case it catches on.” “Satoshi Nakamoto on Bitcoin when the price was $0, exactly 16 years ago. Legendary,” Rizzo wrote, highlighting Bitcoin’s creator statement. This comment came days after Bitcoin launched and saw its first transaction. On Jan. 3, 2009, Satoshi Nakamoto mined the first block of the Bitcoin blockchain, known as the Genesis Block. On Jan. 12, 2009, Satoshi Nakamoto sent 10 BTC to computer scientist Hal Finney in the first-ever peer-to-peer Bitcoin transaction. Many in the cryptocurrency world believe Satoshi’s suggestion to “get some in case it catches on” was prophetic. Bitcoin has not only gained popularity but also established itself as a cornerstone of the cryptocurrency sector during the last 16 years. Related Bitcoin was worth $0 at the time, but its value has since surged. At the time of writing, Bitcoin was trading at $99,332, having reached an all-time high of $108,268 on Dec. 17, 2024. Bitcoin has a current market valuation of…
Filed under: News - @ January 16, 2025 11:19 pm