Bitcoin’s first year of birth

On January 2, 2020, bitcoin broke through $30000 for the first time in the history of bitcoin, and it was only 16 days before the breakthrough of US $20000 that we were looking forward to. Twelve years ago, as he wishes, history always has a certain coincidence. Just 12 years ago, on January 3, 2009, the creation block of bitcoin came into being, and the first classic quotation written into the bitcoin block was born: “the times 03 / Jan / 2009 Chancellor on brink of second bailout for banks”. This is the headline on the front page of the times on the same day. The background is the 2008 financial tsunami, which set off a huge wave, followed by the “quantitative easing” policy of central banks. Personal wealth is virtually deprived by the “inflation tax”. Therefore, the birth of bitcoin has been placed high hopes by Nakamoto. His original intention was to surpass the bold subversion of credit fiat money and try to build a “Noah’s Ark” for ordinary people to resist the storm in the torrential flood. When bencong, a junior high school student, dug about 22000 blocks on his own, and won a total of 1.1 million bitcoin block awards. According to the current bitcoin of 33000 dollars, Nakamoto’s worth has exceeded $30 billion, ranking among the top 50 richest people in the world. However, no matter whether the price of bitcoin is 10000 yuan or 10000 US dollars, this part of bitcoin has not been passive so far, which should be the most inhumane but also the most precious point. Now, 12 years later, bitcoin has grown from a geek’s ideal to a behemoth whose market value surpasses that of Alibaba. It has also gradually changed from “super sovereign currency” to “alternative asset”. For Nakamoto, it may be part of the reason and part of the unexpected. The front page of the Financial Times published an article that “bitcoin price exceeded US $30000”. It introduced that bitcoin broke through $35000 yesterday, affirmed bitcoin as an asset class, and stressed that its performance in 2020 had surpassed a variety of mainstream assets, and believed that cryptocurrency had become an indispensable part of the financial system. It’s not just the financial times that are really fragrant. After bitcoin broke through $20000, the Wall Street Journal has published several articles on bitcoin’s surge this year, and compared it to one of Tesla’s “alternative assets” with the best performance in 2020. Recently, CCTV finance and economics has posted a microblog about bitcoin almost every day, and even said that “if we calculate according to the intraday high of 29700 on the 31st, the bitcoin purchased 10 years ago with 1 yuan has made more than 11.8 million yuan. If you invest 1000 yuan, you will make 11.8 billion yuan, “which is really rare. Various mainstream financial media reports on bitcoin have never been more objective. Caijing.com even voted for bitcoin when bitcoin broke through $20000. Even Ren Zeping, one of the traditional macro analysts, began to produce relevant analysis reports on bitcoin. Although the content may not be accurate, it has released rare signals. Twelve years, through trials and tribulations November 6: the U.S. government has seized $1 billion of bitcoin from the dark network market silk road. November 6: bitcoin broke through $15000. November 18: Ricardo Salinas Pliego, the founder of Grupo Salinas, a wealthy Mexican businessman and retail giant, recommended the bitcoin related book the bitcoin standard to netizens, saying that this book can deepen the understanding of the bitcoin, and he has invested 10% of his current assets in bitcoin. December 2: bitcoin has caught the attention of Wall Street and could evolve into a global market asset, said Larry Fink, chief executive of BlackRock, one of the world’s largest asset managers. December 16: bitcoin broke through $20000 for the first time in history. December 18: coinbase announced on its official website that it had submitted the draft S-1 registration document to the SEC in secret and formally applied for IPO. December 21: bitcoin hit an all-time high of $24161.65. On December 31, bitcoin was priced at $28784. In the past 12 years, not only bitcoin has changed, but also traditional financial institutions are gradually or actively or passively throwing away their colorful glasses, and gradually begin to face up to and accept this “alternative asset”. In 2020, we all regard it as the first year for institutions to enter the market. However, according to the current situation, the trend of “genuine fragrance” in 2021 will only increase. As the first year of bitcoin, bitcoin has passed its 12-year-old from the edge to the mainstream. Let’s witness the next life cycle. Statement: reprint this article for the purpose of transmitting more information. If there is a source label error or infringement of your legitimate rights and interests, please contact this number with the certificate of ownership, we will correct and delete it in time, thank you.

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