2018-12-28

Bitcoin’s 10th Anniversary


27 mins ago | Kai Sedgwick | 257
Here’s How the World Will Commemorate Bitcoin’s 10th Anniversary on Jan. 3

Bitcoin’s 10th anniversary will fall on Jan. 3.
As a decentralized currency that belongs to everyone and no one, there is no official way to commemorate its 10th birthday. From wallet manufacturers to developers, every ecosystem participant will have their own suggestions as to how bitcoiners should mark the historic occasion.

Also read: Support Grows for Bitcoin Proof of Keys on Jan. 3

Unofficial Ways to Celebrate Bitcoin’s Unofficial Birthday

It’s human nature to see significance in numbers. That’s why the crypto community lost its mind over a block hash containing 18 consecutive zeros earlier this year, and it’s also why there will be great fanfare over Bitcoin’s 10th birthday, despite the fact that numerically speaking, 10 is no more significant than any other integer.

It’s fitting that the cryptosphere can’t even agree on the official date of Bitcoin’s birthday, which could fall on Jan. 3, when Satoshi mined the genesis block, or on Oct. 31, when he published his whitepaper. For those who believe it to be the former (or simply want an excuse to celebrate Bitcoin’s birthday twice a year), there’s no shortage of ways to mark Jan. 3. Here’s how various ecosystem participants will be celebrating the event.

Merchants and Manufacturers

Vendors would predictably like you to celebrate Bitcoin’s 10th by buying memorabilia. We’ve covered much of this stuff already, including an expensive watch, an expensive clock, and a reasonably priced hardware wallet. For those too penurious or too cynical to rinse $4,000 on a Bitcoin timepiece, there are more affordable souvenirs available; a t-shirt or framed print should suffice.

Mainstream Media

Mainstream media have gotten cryptocurrency wrong for a decade, and they’re not going to break the habit of Bitcoin’s lifetime on its 10th. Expect buttloads of verbose hit pieces masquerading as thought pieces pondering “What has Bitcoin actually achieved?” By the time they finally get it, it’ll be too late. Meanwhile, don’t give the media the rage clicks they crave. If you really want to read about Bitcoin’s decade in review, there’ll be plenty of cryptocurrency publications, news.Bitcoin.com included, on hand to do the honors.
Bitcoin Developers

Expect to see plenty of geeky tweets from prominent Bitcoin developers on Jan. 3 that draw upon the rich trove of data at their disposal. A handful of devs have been working on the cryptocurrency’s code since the early days, and thus Bitcoin’s 10th will also be an opportunity for self-reflection. There are no longer service medals to be earned for making code commits to Bitcoin Core or Bitcoin Cash — merely the satisfaction that comes from knowing you’ve played a small part in optimizing Satoshi’s creation for the next wave of users.
Bitcoin Businesses

Expect to see plenty of geeky tweets from prominent Bitcoin developers on Jan. 3 that draw upon the rich trove of data at their disposal. A handful of devs have been working on the cryptocurrency’s code since the early days, and thus Bitcoin’s 10th will also be an opportunity for self-reflection. There are no longer service medals to be earned for making code commits to Bitcoin Core or Bitcoin Cash — merely the satisfaction that comes from knowing you’ve played a small part in optimizing Satoshi’s creation for the next wave of users.

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