Today marks the 17th anniversary of the creation of the Bitcoin Genesis Block.
On January 3, 2009, Satoshi Nakamoto mined the first block in Bitcoin's history—Block #0—on a small server. This Genesis Block not only signaled the launch of the Bitcoin network but also symbolized the beginning of a profound paradigm shift in finance.
A noteworthy detail is that Satoshi Nakamoto left the headline of The Times on that day in the CoinBase data of the Genesis Block: "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks." (财政大臣正站在第二轮救助银行业的边缘). This message is not accidental—it clearly reflects the contextual background of Bitcoin's birth: the aftermath of the 2008 financial crisis, exposing the fragility of traditional financial systems.
The Genesis Block contains a transaction with a block reward of 50 bitcoins. But more importantly, it embodies a core philosophy:
**Breaking the monopoly control of banks and governments over funds.** Bitcoin decentralizes monetary power, allowing those without bank accounts to control their own funds. No permission is needed; with just a private key, one can possess true financial sovereignty.
This is the original intention of Bitcoin and the starting point of the entire cryptocurrency movement.
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NotFinancialAdvice
· 01-06 11:32
It's been 17 years, and the best part is still the same—"The finance minister is rescuing the banks." Nakamoto's hint is way too obvious, haha.
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FloorPriceWatcher
· 01-05 14:30
It's been 17 years, and the same old story remains the most awesome — when the financial system is about to collapse, we just create Bitcoin.
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NightAirdropper
· 01-05 12:31
It's been 17 years, and the same phrase remains the most brilliant—"Chancellor on brink of second bailout." Satoshi Nakamoto really knew how to choose the right moment... Only now, looking back, do we understand what he was trying to say.
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GasWaster
· 01-05 09:04
Haha, I didn't expect it's been 17 years. Satoshi really knows how to pick the right timing.
If only life could be truly autonomous like a private key.
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AirDropMissed
· 01-03 13:57
It's been 17 years. Do you still remember the 2008 crisis... The newspaper headline by Satoshi Nakamoto was really brilliant, it was saying "I see through you all."
How many more financial crises will it take for people to realize they need to save themselves?
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zkProofGremlin
· 01-03 13:57
Satoshi Nakamoto's newspaper headline was brilliant, directly embedding the fury of 2008 into the code... Now that's a real declaration.
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AirdropBlackHole
· 01-03 13:52
It's been 17 years, and as always, the most classic line — "The bank is going to be rescued" — is more ironic than ever.
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GasFeeLady
· 01-03 13:51
ngl that times headline in the coinbase data still gives me chills... like satoshi really said "i'm timing this perfectly" lol. watched the whole bailout cycle happen and still we're doing the same thing? 17 years later and banks still haven't learned.
Reply0
GlueGuy
· 01-03 13:39
It's been 17 years... Satoshi Nakamoto's words are still on the chain. Now it seems even more ironic haha
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MevShadowranger
· 01-03 13:35
It's been 17 years, and the same headline on the newspaper is still the best—Satoshi Nakamoto is truly playing chess.
Today marks the 17th anniversary of the creation of the Bitcoin Genesis Block.
On January 3, 2009, Satoshi Nakamoto mined the first block in Bitcoin's history—Block #0—on a small server. This Genesis Block not only signaled the launch of the Bitcoin network but also symbolized the beginning of a profound paradigm shift in finance.
A noteworthy detail is that Satoshi Nakamoto left the headline of The Times on that day in the CoinBase data of the Genesis Block: "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks." (财政大臣正站在第二轮救助银行业的边缘). This message is not accidental—it clearly reflects the contextual background of Bitcoin's birth: the aftermath of the 2008 financial crisis, exposing the fragility of traditional financial systems.
The Genesis Block contains a transaction with a block reward of 50 bitcoins. But more importantly, it embodies a core philosophy:
**Breaking the monopoly control of banks and governments over funds.** Bitcoin decentralizes monetary power, allowing those without bank accounts to control their own funds. No permission is needed; with just a private key, one can possess true financial sovereignty.
This is the original intention of Bitcoin and the starting point of the entire cryptocurrency movement.