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What is the launch date of Bitcoin? Unveiling the starting point of the Crypto Assets era.
On January 3, 2009, a mysterious figure using the pseudonym Satoshi Nakamoto mined the first block of Bitcoin—the Genesis Block (Block #0) on a small server located in Helsinki, Finland, marking the official launch of the Bitcoin network. This day is recognized as the historic moment of Bitcoin’s birth and signifies the beginning of a new era in the history of human currency.
##Background: A Technological Response to the Financial Crisis The birth of Bitcoin was not a coincidence. After the global financial crisis erupted in 2008, the vulnerabilities of the traditional financial system were fully exposed. Against this backdrop:
The embedded headline from The Times in the genesis block — “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks” — is not only a proof of the block generation time but also a profound metaphor for the traditional financial system.
##Network Launch: Bridging the Gap from Theory to Practice Only 6 days after the birth of the genesis block, the Bitcoin network welcomed substantial operation:
In the early days, Bitcoin had almost no market value. It wasn’t until October 2009 that the first trading platform, New Liberty Standard, provided an initial price: 1 USD = 1,309 BTC.
##Value Awakening: From “Pizza Transaction” to Tenfold Growth The value discovery of Bitcoin has gone through a dramatic process:
##Technical Evolution: Halving Mechanism and Ecological Expansion The economic model of Bitcoin ensures scarcity through algorithms:
##Conclusion: A Continuous Revolution Launched on January 3, 2009, Bitcoin has transformed from a geek experiment into a global financial asset. It has not only given birth to thousands of cryptocurrencies but also propelled “Blockchain +” to penetrate fields such as payments, supply chains, and DeFi. Despite facing regulatory and volatility challenges, Satoshi Nakamoto’s original vision of “peer-to-peer electronic cash” continues to reshape humanity’s understanding of the boundaries of currency, trust, and value.
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