What is the first bitcoin bit?

in bitcoin •  2 years ago 

 Nineteen years ago, Satoshi Nakamoto dug the first bitcoin with hidden messages and lots of interesting information.

At that time, digging bitcoins was very easy because this virtual currency was almost worthless. Then one year, to buy two pizzas, one named Laszlo Hanyecz paid 10,000 bucks.

The first bitcoin block was dug by Satoshi Nakamoto on January 3, 2009 as the Genesis Block or Block 0.

At that time, the Genesis Block contained a 50 bitcoin and a worthless reward. Today, the bitcoin is priced at over $ 700,000.

The Genesis Block contains a confidential message decrypted with the content "The Times 03 / Jan / 2009 Chancellor on the brink of second bailout for banks.

 Block 0 contains the first 50 bitcoin.

This may be Satoshi's message with two different sides. The first day of the first block was found, while the second said the British government had pumped the bailout package to rescue the collapse of the banking system.

Six days later, Satoshi Nakamoto dug up a second block of 50 bits, and then digs up to 1 million bits.

With 1 million bitcoins, the anonymous character Satoshi Nakamoto is already a billionaire in the world, but no one knows his true identity.

Since 2011, Satoshi Nakamoto is no longer appearing on any bitcoin forum. Assets of 1 million bitcoin remain unchanged, not traded any dong. 

 To date, more than half a million bitcoins have been mined.

In fact, many hope Satoshi will remain silent as last time because if he sells all 1 million bits, the digital money market will fall into chaos and prices will fall dramatically.

To date, bitcoin has had more than half a million blocks exploited and the reward per block is now 12.5 bitcoin (BTC).

Since 2009, the digital money market has grown exponentially with over 1,000 different currencies, capitalized at $ 695 billion.

Bitcoin is the largest electronic money in the market, accounting for $ 250 billion of the $ 695 billion. 

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

you know i actually had no clue about this thanks a lot for sharing this information.It is extremely valuable.

I am so happy about that

The @OriginalWorks bot has determined this post by @a-jimynguyen to be original material and upvoted it!

ezgif.com-resize.gif

To call @OriginalWorks, simply reply to any post with @originalworks or !originalworks in your message!

interesting

thank you

You got a 0.31% upvote from @upme requested by: @a-jimynguyen.
Send at least 1.5 SBD to @upme with a post link in the memo field to receive upvote next round.
To support our activity, please vote for my master @suggeelson, as a STEEM Witness

You wrote concise and interesting article .I upvote and follow you.Kindly upvote my amazing article and follow me as well.This is togetherness.