Why January Is Historic For Bitcoin

It’s almost difficult to believe that later in 2022, Bitcoin will celebrate its 14th “birthday.” Over the last 14 years, Bitcoin has made great strides, growing ridiculously and setting itself up to usurp the U.S. Dollar as the world’s reserve currency.

Although Bitcoin has been around for what seems to be forever, the month of January has been important over the years with several historic events and milestones in Bitcoin’s past.

2009: The Dawn Of Bitcoin

On January 3, 2009, months after publishing the Bitcoin white paper, Satoshi Nakamoto made history when he mined the Bitcoin genesis block, signing it with the message, “The Times Jan/03/2009 Chancellor on brink of second bailout for banks,” officially launching the Bitcoin network and highlighting some of the financial turmoil that inspired his invention of Bitcoin.

A mere six days later, on January 9, the first Bitcoin (0.1) client was released, enabling users to perform Bitcoin transactions and paving way for the first Bitcoin transaction to take place on January 12, when Satoshi Nakamoto sent Hal Finney 10 BTC on block number 170.

2010: The True First Bitcoin Purchase?

Nearly everyone knows the story of Laszlo Hanyecz who famously paid 10,000 BTC for two large pizzas in May 2010, and it has largely been accepted as the first “real world” purchase using bitcoin. However on January 24, 2010, a BitcoinTalk forum user, Sabunir, posted a thread on the forum titled “A newb’s test – anyone want to buy a picture for $1?” where he asked if anyone wanted to purchase a wallpaper for $1 in bitcoin.

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