On October 31, 2008, Satoshi Nakamoto published the Bitcoin white paper. The white paper described how a peer-to-peer payment system worked, which would go on to revolutionize the world of financial technology.
It is still unknown who is hiding under the pseudonym of the creator of the first cryptocurrency, and whether it is one person or a group of people.
In October, the HBO documentary Money Electric: The Bitcoin Mystery named Peter Todd as the creator of Bitcoin. The programmer denied this. He later said that he was now forced to go into hiding for security reasons.
The preface to the white paper states:
The launch of the Bitcoin network took place in January 2009. Two years later, Satoshi Nakamoto disappeared, and the public has never been able to find out who wrote the document that underpins the multibillion-dollar industry.
In 16 years, the first cryptocurrency has come a long way and turned into a powerful financial instrument. Public companies and states invest in it, and the world’s leading politicians support it.
On January 10, the US Securities and Exchange Commission approved the launch of spot ETFs based on the first cryptocurrency. Since then, the funds have received more than $70 billion; on October 30, the second largest influx since the start of trading in instruments was recorded – $893.21 million.
Graph of inflows into Bitcoin spot ETFs. Data: SosoValue.
At the time of writing, 97.14% of the total supply of digital gold has been mined, which is limited to 21 million BTC.
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Source: Cryptocurrency
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