ORIGIN OF BITCOIN

Bitcoin (BTC) is the cryptocurrency industry’s first asset. In the years since its 2009 launch, Bitcoin has ignited the growth and adoption of crypto, ultimately leading to the industry of today. BTC has a maximum supply of 21 million coins — a notable point of focus when discussing BTC value. Bitcoin price has been a prevalent topic throughout the asset’s history, with BTC price fluctuations occurring in dramatic fashion.

Satoshi Nakamoto, a pseudonymous person or group, published the Bitcoin white paper in 2008, laying out BTC’s concept. In 2009, Bitcoin’s first block, called its genesis block, went live and brought BTC officially into existence as an asset. Nakamoto ceased communication in Bitcoin’s early years, and their real identity remains a mystery.

Although the crypto industry started with just Bitcoin and its underlying blockchain technology, the sector now includes thousands of assets alongside numerous different blockchains and solutions pertaining to a bevy of use cases.

Over time, competitors have aimed to create different digital assets that improve on Bitcoin’s model as a store of value and transactional asset, but Bitcoin still remains the top asset by market capitalization, thanks to the BTC USD price equivalent.

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