Bitcoin History s2e1: Bitcoin Opening Price

June 16, 2023

It all started soon after the financial crisis of 2008 when on October 31st the now famous white paper Bitcoin a peer-to-peer electronic cash system was shared on a cryptography Forum by Satoshi Nakamoto

Nakamoto registers the product on sourceforge the open source code platform and on January 3rd 2009 the first ever Bitcoin block named The Genesis block is mined awarding Satoshi the first 50 Bitcoins of the 21 million that will ever be created

On January 12 2009 he makes the first ever Bitcoin transaction sending 10 BTC to developer Hal Finney who is actually one of the candidates to be Satoshi fast forward a few months and the first ever BTC USD rate is established on October 5th 2009. one BTC was worth just .00076 a fraction of a cent

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