TD₿: Genesis Block - Jan 3rd | Not Your Keys Not Your Bitcoin Day (a video) by BITC0IN
TL;DR Celebrate Bitcoin's birthday by taking self-custody of your sats.
Hey Bitcoiners,
Bitcoin just turned 14! 🥳
Today marks the 14th anniversary of when Satoshi Nakamoto mined the Genesis block.
In the Genesis block, Satoshi left a famous message in the code, “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.”
Since that fateful day, Bitcoin has grown into the most secure and largest decentralized network in the world, and the price of bitcoin has soared to heights that only a select few foresaw as possible back in 2009.
Bitcoiners around the world took to the Internet to post their appreciation for Satoshi’s invention. My favorite post came from TK when he shared his amazing oil painting called “Height Zero - Eternal Confirmation of its Genesis.”
Historically, this is a day when Bitcoiners reflect back on another year that Bitcoin survived. In 2022, Bitcoin continued to work exactly as it has since the Genesis block despite war breaking out, inflation raging, censorship increasing, Ponzi schemes blowing up left and right, and more attention on it from governments and regulators than ever before.
In the last year alone, Bitcoin settled trillions of dollars worth of BTC with finality and without any intermediary! In year 14, I think even Bitcoiners take facts like this for granted. What a truly incredible piece of technology!
It accomplished this all with 100% uptime for the 9th year in a row.
A lot of things have changed in this world when you compare 2009 and 2022, but some things have stayed the same. For instance, there still will only ever be 21 million bitcoin, and we still have central banks implementing emergency bond-buying programs to “stem financial stability risks.”
The need for a decentralized digital money that functions outside the control of governments or central banks has never been more apparent as Bitcoin turns 14.
It’s also never been more apparent that you should take your bitcoin off of exchanges. A few years ago, January 3rd became “Proof of Keys” day. A celebration by which Bitcoiners take self-custody of all the bitcoin held by trusted third parties on their behalf.
BITC0IN made this video that explains Proof of Keys as well as why January 3rd is a special day in Bitcoin every year. (01/02/22)
Today is a day we celebrate another successful year in Bitcoin and the ability to take self-custody of our wealth in a money that can’t be censored or debased.
As Hal Finney said long ago, "Every day that goes by and Bitcoin hasn't collapsed due to legal or technical problems, that brings new information to the market. It increases the chance of Bitcoin's eventual success and justifies a higher price."
Tick tock next block,
Sam Callahan
Fun fact: These were the top songs playing on the radio on January 3rd, 2009.
Sign up for Swan and buy bitcoin with best-in-class customer service in minutes.
Quote of the Day
“Bitcoin has contracted out humans to keep it alive.” - Marty Bent, Host of TFTC
Job of the Day
Zetta is searching for a Bitcoin Mining Rig Technician who will be responsible for maintaining and repairing various equipment and systems used in the mining process. This includes electrical, mechanical, and computer systems, as well as any other equipment necessary for the smooth and efficient operation of the mine.
Not your particular skillset? Check out all the Bitcoin jobs at bitcoinerjobs.com.
Featured Event
Tuesday — join fellow Bitcoiners and members of the South Carolina Emerging Tech Association at the Bitcoin Genesis Day Dinner at Galpao Gaucho Brazilian Steakhouse from 6:00-8:00 pm. Come for some great conversation, a good steak, and to celebrate Bitcoin’s first block.
Not in town for this? Check out all the Bitcoin events at bitcoinerevents.com.
Meme of the Day
🧡