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Yesterday was the 14th anniversary Bitcoin: (CRYPTO:BTC), the world’s largest and most popular cryptocurrency. Because its mysterious creator, satoshi nakamotoPublished a white paper in 2009 outlining the potential of cryptocurrency, there has been much debate and skepticism about its potential. Since then, Bitcoin has been declared “dead” 467 times.
A little history
On January 3, 2009, Nakamoto mined the first block blockchain of Bitcoin, called the Genesis block.
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The “death” of Bitcoin can be traced Bitcoin obituary, a satirical website that collects news articles and blogs. It has already been declared dead 27 times in 2022 and 47 times in 2021. But the highest number of “deaths” recorded (124) was in 2017, when its market capitalization reached $100 billion for the first time.
When it comes to marking significant events in Bitcoin’s origin story, there are two important dates that stand out. First and foremost is October 31st, the day Nakamoto first published the Bitcoin white paper, introducing the world to his innovative vision of a decentralized digital monetary system, the conceptual “birth” of Bitcoin. January 3 is equally important. it’s the day Bitcoin first officially saw the light of day and was first mined, making it the “birth” of the world’s first cryptocurrency.
The most recent “death” of the sign was announced on November 30, 2022 Ulrich Bindseil, CEO from Bank Central european. He said that BTC is the “artificially induced last gasp on the path to irrelevance, and this was already predictable before the FTX crash and the price of Bitcoin well below $16,000.”
Related content: Crypto. Bitcoin is headed for irrelevance, according to the European Central Bank
The earliest Bitcoin death was recorded on December 15, 2020, almost two years after its creation. At that moment, The Underground Economist predicted the fate of Bitcoin. it would remain a novelty, or it could disappear faster than you can blink.
price action
BTC was trading at $16,718, down 0.16% in the last 24 hours, according to data from Benzinga Pro.
Through Benzingatranslated by El Planteo
Photo by Kanchanara via Unsplash
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