Today marks the 9th anniversary of the genesis block of the bitcoin blockchain. Bitcoin’s block #0 was mined on January 3rd, 2009 at 1:15pm and the world has irreversibly changed. Less than a decade later, the market cap of all cryptocurrencies exceeds $700 billion; with no signs of slowing down.
Just one year ago, Bitcoin surpassed its previous all time high of $1,165.89, and is now sitting above $15,000 in just the span of a year. In the span of 9 years, apart from its own growth, Bitcoin has given birth to over 1,000 other cryptocurrencies; with many others in development. Without Bitcoin, and the vision of Satoshi Nakamoto, the $700+ billion cryptocurrency market would not exist.
Satoshi’s vision of a peer to peer payment system that’s outside the control of centralized powers has given birth to a rapidly growing, multi billion dollar industry that is currently taking the world by storm.