bitcoinBTC/USD
$ 19,534.17
ethereumETH/USD
$ 1,093.65
tetherUSDT/USD
$ 0.998844
cardanoADA/USD
$ 0.449232
xrpXRP/USD
$ 0.31706
usd-coinUSDC/USD
$ 0.998314

13th Anniversary Of The Bitcoin Whitepaper

13th Anniversary Of The Bitcoin Whitepaper

Today marks the 13th anniversary since the whitepaper that changed the world was released. 

The Bitcoin whitepaper was made public on the 31st of October, 2008, by the anonymous person with the pseudonym of Satoshi Nakamoto.

The whitepaper is still accessible by anyone, and it is titled, Bitcoin: A Peer-to-Peer Electronic Cash System.

And just as its title suggested, the founder of Bitcoin managed to create a peer-to-peer system that would ultimately change the way that financial services were completed. 

With the aim of decentralizing money and making it much more secure as a result, banks, governments, and financial institutions were at risk from this document that proposed a change in the payment methods.

Decentralization meant that people would not need to rely on third parties to complete a payment, which meant that there was no need for additional fees to be paid for such services. Nodes around the world would ultimately secure the network, making Bitcoin the first successfully implemented cryptocurrency in the world.

With an initial price of $0.0008 when it was launched in January of 2009, BTC has increased by more than 7,700,000,000% so far throughout its history. It has recently reached an all-time high of $67,000 per BTC, making it the world’s most lucrative investment. 

It has paved the road for other digital assets to come forth. Thousands of other cryptocurrencies are now purchasable, and this industry is not about to stop any time soon.

Whitepaper’s anniversary often has people from social media celebrate the event. Influencers, investors, traders, analysts, and all other crypto enthusiasts react to such events by interacting with crypto communities throughout the world.

To illustrate, Anthony Pompliano has announced that he is launching Bitcoin pizzas in around 100 locations, with all the proceeds going to BTC developers.

Billionaire investor Michael Saylor, one of Bitcoin’s most active supporters, has joined the celebrations with another of his poetic BTC appreciation lines.

Bitcoin’s success can also be noticed from the support that it has received from various governments. One relevant example could be El Salvador, which has recently made Bitcoin a legal tender.

Bitcoin is not stopping any time soon. China may have banned cryptocurrencies in various forms, but as suggested by the CEO of Tesla Elon Musk, cryptocurrencies can never be destroyed.

Also read: How Much Will Be Bitcoin Price In 2025 – Bitcoin Analysis 2025

Also read:

Related News

The withdrawal limit for traders has been temporarily lowered by cryptocurrency-backed loans provider CoinLoan.

The Withdrawal Limit Temporarily Reduced by CoinLoan

The withdrawal limit for traders has been temporarily lowered by cryptocurrency-backed loans provider CoinLoan. The corporation cited the present market crash as the reason for the decision. Due to the change, customers are now limited to a $5,000 maximum withdrawal limit each day. In their announcement, they noted the following: “the interest we pay on the Interest Accounts is yielded by issuing overcollateralized loans to other platform users. Hence in some

Read More »
The price may perhaps clear the $1,200 obstacle above the next significant resistance, which is located close to the $1,180 zone.

New Surge in Sight As Ethereum (ETH) Gathers Momentum

Following a period of stability at $1,000 versus the US Dollar, Ethereum (ETH) enters a new uptrend. Above the $1,150 barrier level, Ethereum (ETH) can move much higher. Near the $1,070 region, the pricing was able to overcome a few significant obstacles. Even the 61.8 percent Fib retracement level of the significant decline from the swing high of $1,235 to the low of $997 was tested by the price. The

Read More »
In order to share their doubts about the industry, the first anti-crypto conference attendees are hoping to get a word with officials from the government.

Crypto Policy Symposium 2022: The First Anti-Crypto Conference

In order to share their doubts about the industry, the first anti-crypto conference attendees are hoping to get a word with officials from the government. Critics of the industry and doubters have joined together to host their own anti-crypto conference where they can express their doubts and connect with legislators in the midst of the most recent crypto bear market. The Crypto Policy Symposium promises to provide skeptics a platform

Read More »

My Coins

bitcoinBitcoin
$ 19,534.171.27%
ethereumEthereum
$ 1,093.651.72%
cardanoCardano
$ 0.4492321.67%
tetherTether
$ 0.9988440.1%

Newest Videos on YouTube

We inform and educate people about Cryptocurrencies and Blockchain technology.

© Copyright 2021, All Rights Reserved,
Crypto Academy

Bitcoin

Contact Us

For any question conatct us through:

sales@crypto-academy.org

Disclaimer: All information and materials on this website are for educational purposes only. Crypto-academy.org does not provide any form of financial advice. Cryptocurrencies are highly volatile, therefore any form of investing carries a high level of risk to your capital. It is recommended that you seek professional advice prior to implementing any investment or financial plan.

We do not ask you for your Cryptocurrency / We do not hold your Coins / We do not ask for Private Keys / Be aware of scammers and imposters.

Contact us only through: sales@crypto-academy.org