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1. Invention and Creation:

- This paper outlined methods for using a peer-to-peer network to create a system for electronic transactions without relying on trust.

-On January 3, 2009, the Bitcoin network officially came into existence when Satoshi Nakamoto mined the genesis block number 0, which had a reward of 50 bitcoins .

- Embedded in the genesis block was the text: The Times 03 Jan 2009 Chancellor on brink of second bailout for banks referring to a headline in The Times newspaper.

2. Early Days and Growth:

- Bitcoin was initially designed as a medium of exchange but has since become primarily regarded as a store of value.

- Over the course of its history, Bitcoin has undergone rapid growth, gaining acceptance both online and offline.

- Businesses started accepting Bitcoin alongside traditional currencies from the mid-2010.

3. Free Market Ideology:

- Bitcoin operates based on a free market ideology.

- Its popularity inspired the development of many other crypto currencies.

- In 2021, El Salvador even adopted Bitcoin as legal tender.

In summary, Bitcoin's journey from its inception to becoming a significant store of value has been remarkable, and it continues to shape the world of digital finance.