Bitcoin at 16: From experiment to trillion-dollar asset

In just 16 years, Bitcoin has grown to become the world’s 10th largest asset and the best currency for “financial freedom,” according to Tether CEO, Paolo Ardoino.

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Bitcoin’s foundational document, the white paper written by its creator, Satoshi Nakamoto, has turned 16.

On Oct. 31, 2008, Nakamoto shared the “Bitcoin: A Peer-to-Peer Electronic Cash System” white paper with a cryptography mailing list, proposing a decentralized, peer-to-peer network capable of preventing double-spending through proof-of-work consensus.

Bitcoin white paper. Source: Bitcoin.org

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