October 31, 2008

Bitcoin: A Peer-to-Peer Electronic Cash System

— Satoshi Nakamoto

January 3, 2009

Block 0.

The genesis block is mined. A single node, alone in the dark.

The network grows.

Node by node. Country by country. No one in control.

Today

One protocol. No rulers.

~20,000 (public) nodes. Running in 100+ countries. Processing value 24/7 — without asking permission.

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Bitcoin isn't here to make you rich. It's here to stop you from getting even poorer.

The goal of this site is to light a reasonable doubt about the world around us, and give you a little more awareness.

You'll start wondering how states buried in debt still manage to finance endless wars. You'll understand that even if Bitcoin looks like a speculative toy to the first world — and sadly many see it only that way — for many people it's actually the only option. You'll understand why you've always heard bad things about Bitcoin, and why governments and central banks don't like it. You'll understand that Bitcoin is a tool for personal freedom — and that's exactly what's being taken from us, one step at a time.

21 million. No exceptions.

Since 1971, the USD supply has grown from $600B to over $21 trillion — with no ceiling in sight. Bitcoin supply is mathematically capped at 21 million coins, forever. Dashed lines show projections to 2050.

USD M2 (trillions $) Bitcoin supply (millions ₿) projected

Six questions. Honest answers.

What is Bitcoin?

A decentralized digital currency that lets anyone send value anywhere in the world — without banks, governments, or intermediaries.

When was it created?

The whitepaper was published on October 31, 2008. The protocol has been online since January 3, 2009, when the first block was mined.

Genesis block →

Why does it exist?

To give people control over their own money. No inflation by decree, no censorship, no permission required.

Who created it?

Satoshi Nakamoto — an anonymous person or group who disappeared in 2010, leaving the protocol to the world.

How does it work?

Transactions are recorded on a public ledger (the blockchain) secured by computational proof of work. No single party controls it.

Who is it for?

Anyone. The person without a bank account in rural Africa. The dissident in an authoritarian state. The saver in a country with 100% inflation. You.

This site is for educational purposes only. No investments are recommended. The very secretive creator of this page won't earn a single sat (0.00000001 btc) from your Bitcoin purchases — because it's not a pyramid scheme. So do whatever the hell you want with your money. ❤️