On this day 14 years ago, Satoshi Nakamoto posted the final post on the Bitcoin forum

On this day 14 years ago, Satoshi Nakamoto, the anonymous creator of Bitcoin, posted his final message on the Bitcoin forum. According to Bitcoin historian Pete Rizzo, Satoshi stopped activity on the platform on December 13, 2010 and never returned.

Satoshi Nakamoto’s final post on the Bitcoin forum on December 12, 2010, and disappearance on December 13 of the same year marked a significant milestone in Bitcoin’s history. Satoshi’s departure transferred the responsibility for the development and management of Bitcoin to the decentralized community. Please provide the text to be translated. Fourteen years later, Bitcoin still stands as evidence of the power of decentralized technology, thriving without direct intervention from its creator. This leading cryptocurrency has become a trillion-dollar asset, inspiring the birth of thousands of cryptocurrencies and blockchain-based applications.

To date, the true identity of Satoshi Nakamoto remains a mystery. There are speculations that it could be an individual or a group of developers, but no concrete evidence has been presented.

The remarkable journey of Bitcoin

Bitcoin has risen from a small corner on the internet to $100,000, providing evidence of its journey from a small part of the internet to an important global financial infrastructure.

According to Glassnode, the bitcoin network has grown significantly since the Genesis block, reaching a market capitalization of 2 trillion USD, surpassing the value of silver, and processing 131 trillion USD of transactions through 1.12 billion transactions.

During the market boom, investors realized a total of 1.27 trillion USD in profits and 592 billion USD in on-chain losses, leading to a total net capital inflow of 750 billion USD, highlighting the enormous value that has flowed into the Bitcoin network during its existence.

On December 5, notable aggregate balances include 1.8 million BTC (9.1% of the supply) held on exchanges and 1.1 million BTC (5.6% of the supply) managed by US-based ETFs, indicating significant growth since the launch on January 11, 2024. Furthermore, miners (excluding Patoshi) own 700,000 BTC (3.5% of the supply), while the US Treasury holds 187,000 BTC (0.9% of the supply), demonstrating widespread ownership distribution among various entities. Please input the text to be translated. You can check the price of Bitcoin here.

Disclaimer: This article is for informational purposes only and is not investment advice. Investors should do their own research before making any decisions. We are not responsible for your investment decisions.

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Thạch Sanh

According to U.today