The mysterious creator(s) of PK Press Club, Satoshi Nakamoto, continues to inspire the cryptocurrency community even several years after the launch of Bitcoin and the departure of the creator of BTC.
Bitcoin historian Pete Rizzo recently shared on would spread.”
“Satoshi Nakamoto on Bitcoin when the price was $0, exactly 16 years ago. Legendary,” Rizzo wrote, highlighting the Bitcoin creator’s statement.
This comment came a few days after the launch of Bitcoin and its first transaction. On January 3, 2009, Satoshi Nakamoto mined the first block of the Bitcoin blockchain, known as the Genesis Block. On January 12, 2009, Satoshi Nakamoto sent 10 BTC to computer scientist Hal Finney in the first ever peer-to-peer Bitcoin transaction.
Many in the cryptocurrency world believe Satoshi’s suggestion to “get some in case it catches on” was prophetic. Bitcoin has not only gained popularity but also established itself as the cornerstone of the cryptocurrency industry over the past 16 years.
Bitcoin was worth $0 at the time, but its value has since climbed. At the time of writing, Bitcoin was trading at $99,332, having reached an all-time high of $108,268 on December 17, 2024. Bitcoin has a current market valuation of $1.96 trillion, having reached $2 trillion in December.
Sixteen years later, Satoshi Nakamoto’s words and vision are still relevant today, demonstrating the timeless nature of these ideas and the growing influence of Bitcoin.
Bitcoin regains $100,000
Bitcoin hit $100,000 after posting its biggest rise of the year on reassuring US inflation data, which boosted global markets by reigniting bets on further interest rate cuts from the Reserve federal.
The digital asset surpassed the six-figure threshold early in Thursday’s session, reaching a high of $100,880 and now up more than 3%, boosted by Bureau of Labor Statistics data from the previous day.
The report of falling core consumer prices reignited bets on another Fed rate cut in July, boosting stocks as well as cryptocurrencies.
