Pakinomist’s mysterious creator(s), Satoshi Nakamoto, continues to inspire the cryptocurrency community even years after Bitcoin was launched and the BTC creator left the scene.
Bitcoin historian Pete Rizzo recently shared on X (formerly Twitter) a statement made exactly 16 years ago by Bitcoin’s creator, on January 16, 2009: “I might make sense just to get some, if it takes.”
“Satoshi Nakamoto on Bitcoin when the price was $0, exactly 16 years ago. Legendary,” Rizzo wrote, highlighting Bitcoin’s creator statement.
This comment came days after Bitcoin launched and saw its first transaction. On January 3, 2009, Satoshi Nakamoto mined the first block of the Bitcoin blockchain, known as the Genesis Block. On January 12, 2009, Satoshi Nakamoto sent 10 BTC to computer scientist Hal Finney in the first ever peer-to-peer Bitcoin transaction.
Many in the cryptocurrency world believe that Satoshi’s suggestion to “pick up some if it catches” was prophetic. Bitcoin has not only gained popularity but has also established itself as a cornerstone of the cryptocurrency sector over the past 16 years.
Bitcoin was worth $0 at the time, but its value has since increased. At the time of writing, Bitcoin was trading at $99,332, after reaching an all-time high of $108,268 on December 17, 2024. Bitcoin has a current market cap of $1.96 trillion, having reached $2 trillion in December.
Sixteen years later, Satoshi Nakamoto’s words and vision are still relevant, demonstrating the timeless nature of these insights and Bitcoin’s growing influence.
Bitcoin regains $100,000
Bitcoin hit $100,000 after posting its biggest gain of the year on reassuring U.S. inflation data, which bolstered global markets by rekindling bets on more rate cuts from the Federal Reserve.
The digital asset snuck around the six-figure threshold in the early Thursday session, hitting highs of $100,880 and maintaining a more than 3% gain spurred by Bureau of Labor Statistics data the day before.
The report, pointing to falling core consumer prices, revived bets on another Fed rate cut in July, boosting both stocks and cryptocurrencies.
