5 years ago today, on January 3, 2009, the Bitcoin network came into existence. The first Bitcoin client was released, and the first Bitcoins were issued. While Satoshi Nakamoto initially released his whitepaper in November 2008, it was not until January 3, 2009 when Block 0 was officially mined and Bitcoin became a functioning cryptocurrency — the first of its kind. If you were to go back to that day, it would be a little difficult to actually purchase Bitcoins as there was no functioning exchange yet, and the value of one individual Bitcoin was essentially nothing.
2013 was a pivotal year for Bitcoin. We still don’t know who Satoshi Nakamoto is, but his stroke of genius is now changing the world in unforeseen ways. Vendors around the world are making way for this new paradigm and Bitcoin is gaining acceptance on a large scale, in politics and in individual consumerism. Who would have predicted all this just 5 years ago? The question now is, what’s next?
Happy Birthday, Bitcoin!