{"id":9733,"date":"2024-01-12T09:38:02","date_gmt":"2024-01-12T07:38:02","guid":{"rendered":"https:\/\/forklog.com\/en\/fifteen-years-since-the-first-bitcoin-transaction\/"},"modified":"2024-01-12T09:38:02","modified_gmt":"2024-01-12T07:38:02","slug":"fifteen-years-since-the-first-bitcoin-transaction","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/fifteen-years-since-the-first-bitcoin-transaction\/","title":{"rendered":"Fifteen Years Since the First Bitcoin Transaction"},"content":{"rendered":"<p>Fifteen years ago, on January 12, 2009, the creator of Bitcoin, known by the pseudonym Satoshi Nakamoto, conducted the first cryptocurrency transaction, sending 10 BTC to cryptographer Hal Finney.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">First <a href=\"https:\/\/twitter.com\/hashtag\/bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#bitcoin<\/a> transaction from Satoshi Nakamoto to Hal Finney.<a href=\"https:\/\/t.co\/Rfpp0PgL0x\">https:\/\/t.co\/Rfpp0PgL0x<\/a><\/p>\n<p>\u2014 bitcoin-bill.org (@SatoshisQuest) <a href=\"https:\/\/twitter.com\/SatoshisQuest\/status\/1745649301089636354?ref_src=twsrc%5Etfw\">January 12, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Hal Finney collaborated with PGP Corporation for many years, developing encryption products. He launched the first anonymous <a href=\"https:\/\/ru.wikipedia.org\/wiki\/%D0%A0%D0%B5%D0%BC%D0%B5%D0%B9%D0%BB%D0%B5%D1%80\">remailer<\/a> and was part of the early mailing list among cypherpunks.<\/p>\n<p>Six months before his death in August 2014, Finney <a href=\"https:\/\/bitcointalk.org\/index.php?topic=155054.0\">described<\/a> his experience with the digital gold:<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cWhen Satoshi released the software, I immediately connected. I think I was the first person besides Satoshi to run Bitcoin. I mined block 70-something, and I was the recipient of the first Bitcoin transaction.\u201d<\/p>\n<\/blockquote>\n<p>Hal Finney played a crucial role in the history of digital gold and was among the first to predict Bitcoin&#8217;s future price. Based on an estimate of global household wealth at $100-300 trillion, he forecasted that the value of 1 BTC would eventually reach ~$10 million.<\/p>\n<p>Finney <a href=\"https:\/\/bitcointalk.org\/index.php?topic=155054.0\">mined<\/a> several blocks on his personal computer. Since then, cryptocurrency mining has evolved into an industry using specialized high-performance devices, with the network&#8217;s hash rate exceeding 600 EH\/s (<a href=\"https:\/\/bitinfocharts.com\/ru\/comparison\/bitcoin-hashrate.html#3y\">BitInfoCharts<\/a>).<\/p>\n<p>In December 2022, Finney&#8217;s account on X unexpectedly <a href=\"https:\/\/twitter.com\/halfin\/status\/1609640202754195456\">became active<\/a> after eight years of inactivity. His wife, Fran, urged Elon Musk not to delete her late husband&#8217;s account, who passed away in 2014 after an illness, as part of the fight against bots.<\/p>\n<p>The community supported her. From January 1 to 10, 2023, the #RunningBitcoinChallenge initiative took place. As part of the charity event, Bitcoin investors participated in runs, raising $50,000 to fight amyotrophic lateral sclerosis, which Hal Finney suffered from.<\/p>\n<p>At the beginning of 2024, Fran announced the launch of the initiative once again.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Hi everyone, Fran Finney, wife of Hal Finney, here. I\u2019d like to share exciting news with you. Today the 3rd Running Bitcoin Challenge (<a href=\"https:\/\/twitter.com\/RunningBTC21k?ref_src=twsrc%5Etfw\">@RunningBTC21k<\/a>) is starting again.<\/p>\n<p>Join us at <a href=\"https:\/\/t.co\/YcfQGubYrA\">https:\/\/t.co\/YcfQGubYrA<\/a> &#038; let&#8217;s heal ALS!<br \/> <a href=\"https:\/\/twitter.com\/hashtag\/RunningBitcoinChallenge?src=hash&#038;ref_src=twsrc%5Etfw\">#RunningBitcoinChallenge<\/a> 1\/4<a href=\"https:\/\/t.co\/xpcvzCmtMd\">https:\/\/t.co\/xpcvzCmtMd<\/a><\/p>\n<p>\u2014 halfin (@halfin) <a href=\"https:\/\/twitter.com\/halfin\/status\/1742589362997702666?ref_src=twsrc%5Etfw\">January 3, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>On January 11, Bitcoin&#8217;s price surpassed $48,000 following the launch of spot ETF trading based on the asset on US stock exchanges. Approved issuers include Bitwise, Grayscale, Hashdex, BlackRock, Valkyrie, BZX, Invesco, VanEck, WisdomTree, Fidelity, and Franklin Templeton.<\/p>\n<p>At the time of writing, digital gold is trading above $46,360, having gained 1.3% in 24 hours (<a href=\"https:\/\/www.coingecko.com\/\">CoinGecko<\/a>).<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-eu.googleusercontent.com\/WQJPGdfjkBjwhhL7-l2EZ3eq5rVFckBRg-spAW6ISAUH17dl5dAxZZNqbtM7L_QK4gCacMOnWWeMPWomnLxAS0xJYaJ0BUdk7klLqKEstqShpg75j9poDx1oPIGlKZoEC1YDHVV-TACy721Azws0-MM\" alt=\"Fifteen Years Since the First Bitcoin Transaction\"\/><figcaption class=\"wp-element-caption\">Hourly chart of BTC\/USDT on Binance. Data: <a href=\"https:\/\/ru.tradingview.com\/symbols\/BTCUSDT\/?exchange=BINANCE\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>Previously, Robert Kiyosaki predicted Bitcoin&#8217;s rise <a href=\"https:\/\/forklog.com\/en\/news\/robert-kiyosaki-predicts-bitcoin-surge-to-150000-following-etf-approval\">to $150,000<\/a> following ETF approval.<\/p>\n<p>Macroeconomic strategist Henrik Zeberg <a href=\"https:\/\/forklog.com\/en\/news\/bitcoin-set-for-a-truly-explosive-year-predicts-expert\">predicted<\/a> a \u201cfantastic\u201d bull run for the crypto market in 2024, during which Bitcoin&#8217;s price will reach $150,000.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fifteen years ago, on January 12, 2009, the creator of Bitcoin, known by the pseudonym Satoshi Nakamoto, conducted the first cryptocurrency transaction, sending 10 BTC to cryptographer Hal Finney. First #bitcoin transaction from Satoshi Nakamoto to Hal Finney.https:\/\/t.co\/Rfpp0PgL0x \u2014 bitcoin-bill.org (@SatoshisQuest) January 12, 2024 Hal Finney collaborated with PGP Corporation for many years, developing encryption [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":9732,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,376,111],"class_list":["post-9733","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-hal-finney","tag-satoshi-nakamoto"],"aioseo_notices":[],"amp_enabled":true,"views":"34","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/9733","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=9733"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/9733\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/9732"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=9733"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=9733"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=9733"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}