Bitcoin History

14 minute read

Currently, I’m working on a website for Bitcoin and Bitcoin History. Expect updates here, also.

  • Bitcoin History — p2pfoundation

    Bitcoin didn’t simply appear out of thin air - it was built upon decades of work and came after many failed digital currency projects. Understanding how we got here will help you understand where we’re going.

  • Bryan Bishop’s Bitcoin Event Transcripts
  • Bitcoin History: The Complete History of Bitcoin [Timeline]

    The History of Bitcoin is a timeline that illustrates Bitcoin History from the very beginning all the way to present day. Learn what there is to know.

  • Visions of Bitcoin—How major Bitcoin narratives changed over time
  • Bitcoin History: Timeline, Origins and Founder

    “The history of Bitcoin has been a turbulent one to say the least, and right now we’re in one of the most turbulent periods in its history, as it has spent the entirety of 2018 falling further and further from its peak value of nearly $20,000 in December 2017.\n\nBut something as uncertain as Bitcoin (and cryptocurrency in general) was never going to be smooth sailing. Many tried a cryptographed digital currency before it, and they weren’t able to fully crack it. Since Bitcoin became a reality nearly a decade ago, there have been some high highs and some low lows. For some Bitcoin owners, that’s part of the appeal.\n\nBut how did we get to where we are today with Bitcoin? How did it begin, what were its forebearers, and what have been the unexpected turns of the Bitcoin journey? Let’s take a walk through the timeline and find out.”

twan (@dantwany)

Bitcoin is sometimes compared Netscape and it’s said some other will dethrone it. There have been many digital currency systems created that failed. Bitcoin is where it’s today because it’s a success. Payment mechanisms designed for the Internet (1996)


Revolutions and Counter Revolutions: Andreas Antonopoulos Reflects…

In the following interview with Bitcoin Magazine, Antonopoulos reflects on the metamorphosis the ecosystem has undergone over the past decade.

Till Antonio Mahler (@mahler_till)

1/ Explore the fascinating history of the people and their respective ideas that paved the way for the blockchain revolution - a thread

Melik Manukyan ⚡️⚡️⚡️⚡️⚡️ (@melikmanukyan)

Great pieces of #Bitcoin history. Old recording of Mike Caldwell (@casascius) explaining Bitcoin to @RonPaul: Recording of the creation of Casascius coins: Credits to iron777 for uploading these videos.

History of bitcoin

Bitcoin is a cryptocurrency, a digital asset designed to work as a medium of exchange that uses cryptography to control its creation and management, rather than relying on central authorities. The presumed pseudonymous Satoshi Nakamoto integrated many existing ideas from the …

A Week of Satoshi Pt. 3: Big Bitcoin Moments (2008 – 2013) | BTC…

The Cambrian explosion of cryptocurrencies has behaved much in the same way as in biology. What wasn’t weeded out by a stronger species, didn’t navigate its way through a myriad of natural challenges and establish itself as antifragile, placed itself in league with other …

The Origin of Blockchains

The origin of blockchain technology is usually simply attributed to the actions of some mysterious genius working under the pseudonym of…

Iterative Capital Management Thesis - What’s Really Driving the Cryptocurrency Phenomenon?

In this paper, we introduce investors to the socio-economic factors that led to the development of Bitcoin, and which will shape its future.

Yassine Elmandjra (@yassineARK)

1/ There are so many hidden gems in Bitcointalk threads and p2p foundation posts from back in the day. Here are some of my favorites:

Sizhao Yang (@zaoyang)

1/ What are the experiments from crypto in 2015 to 2018? What are the underlying beliefs and thesis that were validated or invalidated? Feel free to add your own.

Blockchain aimed to protect Bitcoin, but these 5 scams show it mis…

Check out some of the worst bitcoin scams in history: From fraudulent companies to simple lies that brought down whole exchanges, here’s how people have been stealing bitcoins…and what you should be aware of if you want to invest.

Thesis - What’s Really Driving the Cryptocurrency Phenomenon?

In this paper, we introduce investors to the socio-economic factors that led to the development of Bitcoin, and which will shape its future.

What a Bitcoin Evangelist Thinks About Cryptocurrency’s Terrible…

“Actually, it was a year of tremendous innovation in the space because all of the loud speculative voices went away.”

  • Michel Rauchs (@mrauchs)

    My Master’s thesis (2016) visualising the evolution of the #Bitcoin business ecosystem from 2009-2015 is now also available on SSRN. Network graphs are based on a unique dataset of 500+ Bitcoin companies and projects.

Do Libertarians Dream Of Electric Coins? The Material Embeddedness Of Bitcoin

The resolution of the Bitcoin experiment

I’ve spent more than 5 years being a Bitcoin developer. The software I’ve written has been used by millions of users, hundreds of…

Collin Enstad 🌮 (@CollinEnstad)

So anyone know who @shaolinfry is? This anon dev appears to show up out of nowhere to jump start the UASF movement, and disappears afterwards. A real organic and grassroots movement!

notsofast (@notsofast)

If you’re new(er), look up some of these (anti)heroes from $crypto past. Shadow_runner presstab The Story Of Bob Surplus Wolong OTOH Kazonomics IGotSpots

Josh Olszewicz (@CarpeNoctom)

Research Archive - CoinDesk

Untold Stories Podcast with Charlie Shrem

On Untold Stories, host Charlie Shrem dives deep into the lives and personal histories of some of crypto’s most influential leaders

S1 E1: Donald McIntyre on Bitcoin, The Teachings of Tim May and Ni…

In this season premiere, Donald McIntyre talks about the anthropological and historical elements that led to the creation of Bitcoin, and reveals his admiration and affinity for the works of Tim Ma…

Bitcoin news snippets

The Exclusive Inside Story Of The Fall Of Overstock’s Mad King, …

Earlier today, Patrick Byrne, the founder and longtime CEO of former e-tailing giant, resigned, saying his involvement as a federal informant in the investigation of infamous Russian spy Maria Butina made performing his duties impossible. That’s not the whole …

Dan Hedl (@danheld)

1/ Satoshi’s Vision™ is a silly endeavor, as it doesn’t matter what it was, we are where we are now. However, those pushing the “Bitcoin was first made for payments” narrative insist on cherry-picking sentences from the white paper and forum posts to champion the…

‎The Cryptoconomy Podcast: My Favorite Bitcoin Holidays? A Walk …

‎Show The Cryptoconomy Podcast, Ep My Favorite Bitcoin Holidays? A Walk with Guy Through Bitcoin History - Apr 2, 2019

‎Darknet Diaries: Ep 22: Mini-Stories: Vol 1 on Apple Podcasts

Early crypto jackers reach symbiosis w windfarm

“We now have a faster and more reliable patch cycle”

^^^16:00 hackers windfarm bitcoin mining

WhiteRabbit (@WhiteRabbitBTC)

Bitcoin Hall of Shame

Classic is Coming –oppose-dao-fork (@ClassicIsComing)

“Theres a strong distinction to be made between dry code, smart contracts, & wet code, traditional law. Law is subjective, based on our minds & analogy. Software is based on boolean logic, bits, & hard mathematics.” @NickSzabo4 - History of the Blockchain

On the Origins and Variations of Blockchain Technologies

Best 101 Bitcoin Facts – the Infographic

“So, that’s the end of bitcoin then” that was the title of a Forbes article after the then popular Bitcoin exchange, Mt. Gox was hacked for the first time in 2011. Like Forbes, there have been multiple influential magazines that spelled doom on cryptocurrency over the y…

My list of 43(+3) reviewed Bitcoin forks

  • Bitcoin’s Origins and the Genesis Blockade

    “In this talk, Andreas recounts the origins of Bitcoin, the meaning of the message embedded forever in its genesis block, and how we figured out who the banks truly serve when there was no other choice. He also speaks about what happens when money stops working, why censorship resistance was one of Bitcoin’s most valuable characteristics from the start, and what possibilities lay in store with a global, voluntary financial system.”

  • Genesis Block Newspaper

    “The only two remaining verified complete copies of this newspaper were acquired from the London National Archives on January 14, 2014. The newspapers come in a complete set with both the cover and the entire newspaper included.

  • @lopp on Bitcoin History - Bitcoin whitepaper purists should take note that the following things are NOT described in the whitepaper:
    • multisig
    • mining pools
    • 21M coin cap
    • GPU & ASIC mining
    • 10 minute block times
    • HD address generation
    • best chain = cumulative PoW, not longest chain
    • and much, much more..
  • @PeterLBrandt on ‘Bubbles’ - Us old-timers always considered a decline greater than 80% to be a bubble that popped. Most altcoins must be legitimately considered as bubbles that popped. The dead-cat bounces from the resulting decimation can be wicked.
  • The Three Economic Eras of Bitcoin - The way the bitcoin ecosystem will play out is written in the mathematics of its consensus rules; we should all know the three phases it…
  • Bitcoin Obituaries - Bitcoin Declared Dead 350+ Times (2019 Updated)

    Until today Bitcoin has died more than 350 times. We collect Bitcoin obituaries since 2010. Found a Bitcoin obituary? submit it to us.

  • Visions of Bitcoin

    How major Bitcoin narratives changed over time

  • CryptoQuikRead_043 - A History of Lightning: From Brainstorm to Beta
  • CryptoQuikRead_089 - Bitcoin Magazine’s Week in Review: Looking to the Past and the Future
  • CryptoQuikRead_180 - Bitcoin at 10

  • The Original ‘I AM HODLING’ Bitcointalk Post

    “I type d that tyitle twice because I knew it was wrong the first time. Still wrong. w/e. GF’s out at a lesbian bar, BTC crashing WHY AM I HOLDING? I’LL TELL YOU WHY. It’s because I’m a bad trader and I KNOW I’M A BAD TRADER. Yeah you good traders can spot the highs and the lows pit pat piffy wing wong wang just like that and make a millino bucks sure no problem bro. Likewise the weak hands are like OH NO IT’S GOING DOWN I’M GONNA SELL he he he and then they’re like OH GOD MY ASSHOLE when the SMART traders who KNOW WHAT THE FUCK THEY’RE DOING buy back in but you know what? I’m not part of that group. When the traders buy back in I’m already part of the market capital so GUESS WHO YOU’RE CHEATING day traders NOT ME~! Those taunt threads saying "OHH YOU SHOULD HAVE SOLD" YEAH NO SHIT. NO SHIT I SHOULD HAVE SOLD. I SHOULD HAVE SOLD MOMENTS BEFORE EVERY SELL AND BOUGHT MOMENTS BEFORE EVERY BUY BUT YOU KNOW WHAT NOT EVERYBODY IS AS COOL AS YOU. You only sell in a bear market if you are a good day trader or an illusioned noob. The people inbetween hold. In a zero-sum game such as this, traders can only take your money if you sell.”

  • The three economic eras of Bitcoin

    “The way the bitcoin ecosystem will play out is written in the mathematics of its consensus rules; we should all know the three phases it will go through.”



  • Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money

    “Bitcoin, the landmark digital money and financial technology, has spawned a global social movement with utopian ambitions. The notion of a new currency, maintained by the computers of users around the world, has been the butt of many jokes, but that has not stopped it from growing into a technology worth billions of dollars, supported by the hordes of followers who have come to view it as the most important new idea since the creation of the Internet.”

  • Bitcoin is not Dead

    “The first recorded claim of bitcoin’s demise was in 2010, on a little-known blog that found itself posted on a record of “bitcoin obituaries” collected by 99Bitcoins, a bitcoin information site. While I consider myself among the first wave of bitcoin writers, having written my first article on the subject in 2011, this early claim of bitcoin’s death came when the cryptocurrency was valued at only $0.23. It is now worth almost $7,000.”

  • Bitcoin Stumble Shows Bitmain a Ghost of Crises Past

    “A look at Bitmain Technologies Ltd.’s financials reveal the Chinese company sold a lot of shovels during the crypto gold rush of the past two years. Its mistake was to take digital gold as payment instead of cash. \n\nBut there are two other items that could make matters worse for Bitmain and others in the crypto-mining ecosystem, adding to pressure on the balance sheet.”

  • Bitcoin’s Constitutional Crisis & Why I Support the UASF Description = “It took three years and the emergence of serious (and perhaps permanent) crypto rivals, but there finally seems to be some light at the end of the tunnel in this round of the bitcoin scaling debate. Thank god.\n\nThe impending activation of BIP 148, AKA bitcoin’s “user activated soft fork”, due to take effect on August 1, would ensure that SegWit, an optimization feature that increases block capacity, gets activated without strings attached.”

  • @francispouliot Looking back on UASF [ϟ]

    1/ Full text of the article: ‘After the one year anniversary of Bitcoin’s iconic User Activated Soft Fork, we had the pleasure of speaking with Francis Pouliot, CEO of Bylls, a major proponent in the campaign to keep Bitcoin under its users’ control.

  • SLP23 – Economic Eras of Bitcoin, and Lightning Development

    “Rusty Russell, a well known and respected Bitcoin Lightning developer at Blockstream joins me in this episode. We talk about his article, The Three Economic Eras of Bitcoin, and discuss the Lightning Network for Bitcoin. Lastly, Rusty draws from his prior experience as a Linux kernel developer to contrast Linux development with Bitcoin and Lightning development practices and culture.”

  • Satoshi on Anonymous Transactions - bitcointalk [ϟ

    “As some might have noticed, one of the things that bugs me about bitcoin is that the entire history of transactions is completely public. I totally understand the benefits of how this simplifies things and makes it easy for everyone to prove coins are valid. So this is not a suggestion for a change to bitcoin. Rather it is a question about what could be possible, and what couldn’t be possible.”

  • @BitcoinErrorLog on the original Bitcoin Foundation

    “I was a paying member of the original Bitcoin Foundation. They were mostly a train wreck. I attended their annual meeting at a conference in Amsterdam and met with their accounting person to ask some hard questions. She was actually pretty savvy. /1”

  • Bitcorati Interview Series : Vitalik Buterin - Head Writer, Bitcoin Magazine

    “Vitalik Buterin is a former computer science student who dropped out of college to focus on bitcoin projects full-time. He was a very early bitcoin adopter and is currently the head writer at Bitcoin Magazine. Listen as Vitalik discusses his background, how he got involved in bitcoin and why he thinks bitcoin has the potential to change the world! This interview is one in a series captured at the Media Bistro Inside Bitcoins Conference in Las Vegas, Nevada, December 10th and 11th, 2013”

  • The Bitcoin Knowledge Podcast — Legendary “These are interviews with legendary guests from the Bitcoin world. Trace Mayer asks Nick Szabo what the highest priority should be for hiring Bitcoin. A Week With Adam Back in September 2015”
  • A finite monetary supply for Bitcoin

    “Although it is widely believed that Satoshi was an inflation-hating goldbug he never said this, and in fact programmed Bitcoin’s money supply to grow indefinitely, forever. He modeled the monetary supply as 4 gold mines being discovered per mibillenium (1024 years), with equal intervals between them, each one being depleted over the course of 140 years. This poses obvious problems, however. Prominent among them is the discussion on what to call 1 billion Bitcoin, which symbol color to use for it, and when wallet clients should switch to it by default. To combat this, this document proposes a controversial change: making Bitcoin’s monetary supply finite.”