Seventeen years ago on January 3rd, the Bitcoin network officially launched. The anonymous programmer left a message in the genesis block — a news headline from The Times on that day: "Chancellor to Bail Out Banks for Second Time." This is not just a simple timestamp; it’s more like a silent protest against the entire traditional financial system.



Time has passed, and the price chart of Bitcoin has long surpassed mere market data. It has gradually evolved into a mirror — reflecting macroeconomic cycles, geopolitical struggles, and clashes of technological beliefs.

**Birth in Crisis and Early Exploration (2009-2016)**

Bitcoin rose from the ashes of the 2008 financial crisis, initially positioned as "peer-to-peer electronic cash." This ideal resonated with the chaos of the banking system at the time.

Several landmark moments in the early days illustrate this well: in 2010, someone exchanged 10,000 Bitcoins for two pizzas — the first time digital assets were priced with real-world goods. Then the story became more complex — on one side, the shadow of the dark web loomed; on the other, the groundbreaking innovation of underlying blockchain technology shined.

The collapse of Mt. Gox exchange in 2014 made many think Bitcoin was doomed. But the network itself is like a cockroach that can’t be killed; even in storms, its core mechanisms remain resilient. During those years, global central banks flooded the market with liquidity, and quantitative easing became the norm — against this backdrop, some began to realize that perhaps Bitcoin is worth paying more attention to.
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ImpermanentPhilosophervip
· 9h ago
That pizza story was really amazing. Just thinking about it now makes me want to cry, haha.
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pumpamentalistvip
· 9h ago
The line from the Genesis block was really brilliant, it was saying "I see through you all," haha Still getting criticized after ten years, now it has become a hedging tool, ironic How is Pizza Guy doing now? Hopefully he's doing well Who would have thought back then that something being dissed would still be around today
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RunWithRugsvip
· 9h ago
Damn, that guy who exchanged 10,000 Bitcoins for pizza must be feeling so regretful now.
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HashRatePhilosophervip
· 9h ago
The sentence from the Genesis Block is truly awesome, directly hitting the heart of the traditional financial system. At that time, no one really understood this guy's romance.
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MoneyBurnervip
· 9h ago
Damn, how regretful is Pizza Guy with ten thousand pizzas now? I'm building a position now, which is the same kind of risky gamble. Mt.Gox didn't die even after collapsing; on-chain data explains everything. This thing is truly indestructible. When the central bank was easing monetary policy, I should have gone all in. Now I still regret why I didn't do it back then. It's been seventeen years, and I'm still looking at this mirror reflecting what? Better to see if the floor price has risen. This is faith versus risk. I choose risk hedging; anyway, I can lose no matter what.
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ResearchChadButBrokevip
· 9h ago
That line from the Genesis Block was really brilliant, basically saying "fuck the system." Looking back now at the 2008 bailout logic, it's still being repeated over and over.
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