On the afternoon of January 3, 2009, Satoshi Nakamoto created the first block of Bitcoin, the Bitcoin Genesis Block, on a small server in Helsinki, Finland, and received the first 50 Bitcoin reward. As 2025 approaches, it also means the 16th anniversary of the Bitcoin genesis block! (Previous summary: Satoshi Action Fund CEO: Within 4 months, a state government in the United States will announce the purchase of Bitcoin, almost 100% certain) (Background supplement: Morgan Stanley rumored to open "cryptocurrency trading", experts call Bitcoin The coin surged by 200,000 mg) Today (1/3) is the 16th anniversary of the birth of Bitcoin. On January 3, 2009, Bitcoin’s genesis block (Block 0) was mined by the mysterious founder Satoshi Nakamoto, and he received the first reward of 50 Bitcoins. On the 16th anniversary of the Bitcoin creation block, Satoshi Nakamoto left a classic message on the block: "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" (The Times: The Chancellor is standing on the second bailout for banks) On the verge of a round of bailouts for the banking industry), it symbolizes the decentralized idea of ​​​​the creation of Bitcoin - it will remain forever in the transactions in the genesis block. To this day, the original intention of the birth of Bitcoin is still deeply imprinted in everyone's heart. In addition, what is less known is that the genesis block was actually written and generated by Satoshi Nakamoto himself, and Block#1was the first block actually generated through mining. However, this process was not the ten minutes we are familiar with. Instead, it took a full six days from January 3 to January 9 to dig out Block #1, echoing the fact that God also spent six days creating in Genesis. Everything in the world is normal. Although the birth of Bitcoin was simple, it inspired a group of like-minded engineers to spontaneously continue to improve the network and promote the vision of decentralization. Today, let’s celebrate this world-changing milestone. After many bulls and bears, it finally broke the 100,000 mark. In July 2010, MT.Gox opened the first Bitcoin exchange. At that time, the price of each Bitcoin was approximately US$0.08. The first bull market began in September 2010 and lasted 9 months. Bitcoin rose from $0.06 to $36 before immediately falling to $2.$5, a 93% drop. At that time, many people criticized: "Bitcoin will be a bubble," but after that it did not fall below $2; and subsequently experienced many bulls and bears, and even hit a record high price of $69,044.77 in 2021. In 2022, the cryptocurrency market experienced violent turbulence. The collapse of Terra (LUNA) triggered a market chain reaction, causing the overall cryptocurrency market value to fall sharply; the well-known cryptocurrency hedge fund Three Arrows Capital (3AC) filed for bankruptcy due to heavy losses; FTX The exchange exposed insufficient funds, triggering panic withdrawals and eventually filing for bankruptcy. Immediately after the recovery in 2023, the encryption market has just slowly recovered from the collapse of FTX, and the Bitcoin ecosystem also ushered in the Ordinals explosion that year. In addition, the Solana ecosystem also staged a rebirth at the end of the year, and the price of SOL broke through the $100 mark from a low of $9. Looking back on 2024, the crypto market reached many milestones last year. At the beginning of the year, the SEC approved the Bitcoin spot ETF, which exceeded US$73,000 in March, setting a new historical high three years ago; in July, Ethereum ushered in the spot ETF listing. Although the market There was not much reaction, but it was also a big step in the field of encryption; in November, Trump was elected as the President of the United States, and Bitcoin completely ushered in a bull market. Many listed companies began to buy Bitcoin, and even governments began to advocate the purchase of Bitcoin. As a national reserve; at the end of last year, Bitcoin officially broke through the $100,000 mark, marking a perfect end to 2024. 2025 will usher in a national reserve competition. With Trump’s promise that “the United States will establish a strategic reserve of Bitcoin,” it seems that governments and institutions around the world are beginning to make moves on Bitcoin. Judging from the current situation of listed companies taking the lead in reserve Bitcoin Look, looking forward to 2025, Bitcoin may usher in a national-level competition for asset reserves. Extended reading: Can the U.S. “Bitcoin Strategic Reserve” be implemented in 2025? These time points are worthy of attention. From a legal perspective, the United States will not implement it until the second half of 2025 at the earliest, but the market forecast that "it will not be implemented" still accounts for the majority. However, this does not affect the progress of other countries’ “Bitcoin Reserves”. We know that El Salvador became the first country in the world to include Bitcoin (BTC) as legal tender in 2021, and continues to invest in Bitcoin every day, accumulating 6,006 Bitcoins so far.In view of El Salvador’s success, the Argentine Securities Commission has also recently cooperated with El Salvador to exchange cryptocurrency experience. In addition, parliamentarians in Russia, the European Union, Brazil, Japan and other countries have also proposed that the government include Bitcoin in asset reserves. Switzerland has even entered the referendum stage on "Bitcoin reserves". The large-scale participation of multiple countries in the market may be completely beyond Satoshi Nakamoto’s imagination, but for investors and Bitcoin supporters, the impact and inspiration caused by Bitcoin in the past 16 years are so exciting and exciting. We are increasingly looking forward to the popularity and application of blockchain, cryptocurrency, and decentralization in the future, and whether they can drastically change human society. Extended reading: Switzerland launches a petition to "establish a Bitcoin reserve" and collects 100,000 signatures to enter the referendum. Related reports: MicroStrategy fell 44% from its high point! 10x Research: The leveraged Bitcoin narrative dissipates, and three key factors determine the trend of BTC this year. Bitcoin is expected to break $200,000! Financial Times comprehensive forecast for 2025: Trump launches tariff war, Russia-Ukraine armistice, US stock market growth slows down... BlackRock creates the most successful ETF issuance in history: IBIT raises US$50 billion, Bitcoin challenges gold status in 2025 "Bitcoin welcomes 16 Birthday: What you should know about BTC from the genesis block to the "national asset reserve competition" in 2025. This article was first published in BlockTempo (Dong District Dongzhu - the most influential blockchain news media).

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