BTC celebrates its 16th birthday: What you should know about BTC from the Genesis Block to the 'National Asset Reserve Competition' in 2025

On the afternoon of January 3, 2009, Satoshi Nakamoto created BTC's first Block, the BTC Genesis Block, on a small server in Helsinki, Finland, and was rewarded with the first 50 BTC. With the arrival of 2025, this also means that BTC Genesis Block will usher in its 16th anniversary! (Synopsis: CEO of Satoshi Nakamoto Action Fund: US state governments will announce the purchase of BTC within 4 months, almost 100% certain) (Background supplement: Morgan Stanley spreads open "cryptocurrency trading", experts shout BTC rushes 200,000 magnesium) Today (1/3) is the 16th anniversary of the birth of BTC. On January 3, 2009, BTC's Genesis Block (Block 0) was mined by the mysterious founder Satoshi Nakamoto (Satoshi Nakamoto) and received the first 50 BTC reward. BTC Genesis Block 16th Anniversary Satoshi Nakamoto's classic message on the Block at the time: "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks", symbolizing BTC's founding of the Decentralization idea Forever preserved in the transaction of Genesis Block, the original intention of BTC is still deeply imprinted in everyone's heart. In addition, what is less known is that the Genesis Block was actually written by Satoshi Nakamoto, and Block#1 才是真正透過挖礦產生的首個區塊。然而,這個過程並不是我們所熟知的十分鐘,而是從 1 月 3 日到 1 月 9 日,花了整整 6 天才挖出 Block#1, echoing the book of Genesis, God also spent 6 days creating everything in the world. Although the birth of BTC is simple, it moved a group of like-minded engineers to spontaneously continue to improve the network and advance the vision of Decentralization. Today, let's celebrate this world-changing milestone. After many bulls and bears, finally broke the 100,000 mark in July 2010, MT. Gox opened its first BTCexchange at a price of around $0.08 per BTC at the time. The first Bull Market began in September 2010 and lasted for 9 months, with BTC rising from $0.06 to $36 and then immediately after a 93% fall to $2.5. At that time, many people criticized: "BTC will bubble", but after this it did not fall below $2; Since then, it has experienced many bulls and bears, and even hit an all-time high of $69,044.77 in 2021. In 2022, the cryptocurrency market experienced violent turmoil, and the collapse of Terra (LUNA) triggered a chain reaction in the market, resulting in a sharp fall in the overall cryptocurrency market cap; Three Arrows Capital (3AC), a well-known cryptocurrencyHedging fund, filed for bankruptcy due to significant losses. FTX exchange exposed insufficient funds, triggering panic withdrawals and eventually filing for bankruptcy. Immediately after 2023 is the moment of recovery, the encryption market has just woken up from the collapse of FTX, and the BTC ecosystem also ushered in the Ordinals outbreak that year. In addition, the Solana ecosystem also staged a nirvana rebirth at the end of the year, and the SOL price broke through the $100 barrier from a low of $9. Looking back on 2024, the encryption market reached many milestones last year, with the SEC approving the BTCSpot ETF at the beginning of the year and breaking through $73,000 in March, refreshing the all-time high of 3 years ago; In July, Ethereum welcomed the ETF Spot listing, and although the market did not react much, it was also a big step in the field of encryption; In November, Trump was elected president of the United States, BTC completely ushered in the outbreak of the Bull Market, many listed companies began to buy BTC, and even governments began to advocate the purchase of BTC as a national reserve; At the end of last year, BTC officially broke through the $100,000 level, marking a perfect end to 2024. 2025 will usher in a national reserve race With Trump's promise that "the United States will establish BTC strategic reserves", it seems that governments and institutions are beginning to move on BTC, from the current situation of listed companies to reserve BTC first, looking forward to 2025, BTC may usher in a national-level asset reserve race. Extended reading: Can the US "BTC Strategic Reserve" land in 2025? These points in time are worth following From a legal point of view, the United States will not implement it until the second half of 2025 at the earliest, but the market still predicts that "it will not be implemented" still accounts for the majority. However, this does not affect the progress of "BTC reserves" in other countries. We know that El Salvador became the first country in the world to incorporate BTC (BTC) into legal tender in 2021, and continues to invest in BTC every day, accumulating 6,006 BTC so far. In view of El Salvador's success, the Argentine Securities Commission has recently cooperated with Slovakia to exchange cryptocurrency experience. In addition, parliamentarians in Russia, the European Union, Brazil, Japan and other countries have also advocated that the government include BTC in its asset reserves, and Switzerland has entered the referendum stage of "BTC reserves". The large-scale participation of many countries in the market may completely exceed Satoshi Nakamoto's vision, but for investors and BTC supporters, the impact and inspiration caused by BTC in the past 16 years are too exciting, and they are increasingly looking forward to whether the popularity and application of Block chain, Cryptocurrency, and Decentralization in the future can change human society dramatically. Extended reading: Switzerland launches "building BTC reserves" co-signing, collecting 100,000 signatures to enter the referendum Related reports Micro strategy collapsed 44% from its high! 10x Research: Leveraged BTC narrative dissipates, three key determine BTC trend this year BTC is expected to break $200,000! Financial Times 2025 comprehensive forecast: Trump launched a tariff war, Russia-Ukraine truce, the growth of the seven US stocks slowed down.. BlackRock's Most Successful ETF Launch in History: IBIT Raises $50 Billion, BTC2025 Challenges Gold Status "BTC Celebrates 16th Birthday: You Should Know BTC from Genesis Block to 2025 "National Asset Reserve Competition" This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Block Chain News Media".

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· 01-03 12:24
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