Freedom Celebration: Bitcoin Celebrates 14th Birthday

On this day, 14 years ago, the very first Bitcoin block was mined by Satoshi Nakamoto. Today we celebrate a great gift – freedom.

#Bitcoin turns 14 🎉

On this day fourteen years ago, the first #Bitcoin block was mined by Satoshi Nakamoto.

Thank you, Satoshi. pic.twitter.com/kwgNU7NDM2

— Binance (@binance) January 3, 2023

Erik Voorhees, the CEO and founder of ShapeShift, expressed optimism about the potential recovery of Bitcoin’s price during an interview with Bankless on January 2nd. He stated that he “wouldn’t be surprised” if Bitcoin reaches “around $40,000” by the summer.

This would be a “great return,” Voorhees said, as it would be 2.5 times the current price of $16k.

He could not pinpoint the exact timing of the next bull run, he estimated it would occur within the next six months to three years. He dismissed the idea that it could take as long as 10 years, stating that if that were the case, it would mean the whole “thing… probably failed.”

Bitcoin is seen as the salvation for people in the dark times that we are living these days.

The deeper the crisis the world drowns into, the more popular this word became – Bitcoin.

Bitcoin’s popularity seems to be related to world problems – the bigger the problems, the more popular Bitcoin and crypto, in general, get.

Humanity has been hopping from one crisis to another, especially since 2020, when the pandemic hit. With each passing day, the importance of financial freedom becomes more relevant. This is where crypto and especially Bitcoin, enter the picture.

Satoshi Nakamoto’s creation came in dark times amidst a global recession.

It’s in such hopeless times when it’s shining the brightest.

Satoshi Nakamoto is the pseudonym used by the person or group who created Bitcoin, authored its white paper, and developed and deployed its original reference implementation.

The Bitcoin network first went live on January 3, 2009, but it’s essential to note that it took more than a week before the first BTC transaction was actually made.