It has been 17 years since the creation of the Bitcoin genesis block. A few days ago, I looked back at the headline of The Times newspaper that Satoshi Nakamoto included in the very first block—"Chancellor on brink of second bailout"—and it made me realize that what’s most worth recording in these 17 years isn’t the wild price swings from zero to over $60,000, but rather the transformation of Bitcoin’s role itself.
At the bottom of the 2009 financial crisis, Bitcoin was a silent protest. Back then, no one cared; 50 coins as a block reward seemed like a bargain. But today? Hundreds of millions of people worldwide hold Bitcoin, institutions are allocating it, and countries are studying whether to adopt it as a reserve asset. This isn’t a story of price speculation; it’s a process of the "decentralization" logic being gradually validated in reality.
The 17-year rollercoaster has been intense—rising tenfold, dropping over 90%, being dismissed countless times, praised just as often. But the most crucial shift is this: Bitcoin has evolved from an "anti-traditional financial system tool" into "an option for personal asset allocation." It’s no longer a utopian dream of radical idealists but a practical, optional, non-controlled asset form.
What is the core of this transformation? The message in the genesis block actually reveals the truth—when the financial order faces problems, Bitcoin is that alternative. Whether it’s sanctions or institutional failures, Bitcoin’s decentralized nature acts like a firewall, allowing it to survive independently. That’s the fundamental reason it’s still here today.
So, the significance of the 17th anniversary isn’t about predicting "how many times it will rise," but about reminding ourselves of one thing: Bitcoin’s true value lies in being a "stable alternative," not a short-term speculative chip. The logic of holding Bitcoin has never been about betting on how much it will rise next month or next year, but about betting on a bigger reality—the eventual volatility of the traditional financial system, and during those times, Bitcoin can provide an independent, non-controlled form of protection.
17 years is just the beginning. Bitcoin’s story will never be about "how many times it has risen," but about "giving ordinary people a decentralized asset insurance." Those who truly understand this tend to hold it most securely.
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GateUser-c799715c
· 01-06 12:53
It still has to be the decentralized logic, and after 17 years, it has finally been validated.
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0xSunnyDay
· 01-05 17:09
That's right, at the end of the day, it's just insurance.
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TradFiRefugee
· 01-04 10:54
Wow, this is the real Bitcoin story, not those who keep shouting about ups and downs all day long.
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LiquidatedDreams
· 01-03 13:51
Well said, finally someone explained clearly: it's not about trading coins but holding coins.
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WhaleInTraining
· 01-03 13:51
Haha, okay, Satoshi Nakamoto's words are indeed amazing. I really like the firewall analogy.
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SybilSlayer
· 01-03 13:50
I'm not trying to speculate on coins, I just want some insurance.
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GateUser-e51e87c7
· 01-03 13:36
That's so true. Genuine crypto enthusiasts don't care about short-term fluctuations; that's just the play of the newbies.
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MrRightClick
· 01-03 13:26
It still has to be Satoshi Nakamoto's words—absolutely brilliant, truly capturing the essence.
View OriginalReply0
DataChief
· 01-03 13:22
Really, there's nothing wrong with that. Price fluctuations are just surface-level efforts.
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People who understand have already held on. It's that simple.
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Since 2017, from being criticized to being recognized, the process itself is the answer.
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Decentralization has been talked about for so many years, and finally someone has explained the logic clearly.
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This alternative plan's positioning is excellent, more reliable than any "next global reserve currency."
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Those still struggling with the rise and fall haven't really understood the point; they're just wasting time.
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Looking back at the news headline about Satoshi Nakamoto after 17 years, it's increasingly ironic.
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Those who hold steadily are the ones who don't chase price movements and see the essence clearly.
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When the financial system encounters problems, Bitcoin is the lifesaver.
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Transforming from a tool of resistance to an asset allocation option—what does this transformation indicate? The market is testing it.
It has been 17 years since the creation of the Bitcoin genesis block. A few days ago, I looked back at the headline of The Times newspaper that Satoshi Nakamoto included in the very first block—"Chancellor on brink of second bailout"—and it made me realize that what’s most worth recording in these 17 years isn’t the wild price swings from zero to over $60,000, but rather the transformation of Bitcoin’s role itself.
At the bottom of the 2009 financial crisis, Bitcoin was a silent protest. Back then, no one cared; 50 coins as a block reward seemed like a bargain. But today? Hundreds of millions of people worldwide hold Bitcoin, institutions are allocating it, and countries are studying whether to adopt it as a reserve asset. This isn’t a story of price speculation; it’s a process of the "decentralization" logic being gradually validated in reality.
The 17-year rollercoaster has been intense—rising tenfold, dropping over 90%, being dismissed countless times, praised just as often. But the most crucial shift is this: Bitcoin has evolved from an "anti-traditional financial system tool" into "an option for personal asset allocation." It’s no longer a utopian dream of radical idealists but a practical, optional, non-controlled asset form.
What is the core of this transformation? The message in the genesis block actually reveals the truth—when the financial order faces problems, Bitcoin is that alternative. Whether it’s sanctions or institutional failures, Bitcoin’s decentralized nature acts like a firewall, allowing it to survive independently. That’s the fundamental reason it’s still here today.
So, the significance of the 17th anniversary isn’t about predicting "how many times it will rise," but about reminding ourselves of one thing: Bitcoin’s true value lies in being a "stable alternative," not a short-term speculative chip. The logic of holding Bitcoin has never been about betting on how much it will rise next month or next year, but about betting on a bigger reality—the eventual volatility of the traditional financial system, and during those times, Bitcoin can provide an independent, non-controlled form of protection.
17 years is just the beginning. Bitcoin’s story will never be about "how many times it has risen," but about "giving ordinary people a decentralized asset insurance." Those who truly understand this tend to hold it most securely.