Popular Bitcoin-themed X/Twitter account “Documenting Bitcoin” has reminded the cryptocurrency community that exactly 12 years ago today what has now become the world’s flagship digital currency, Bitcoin, was mentioned for the first time. on television and then it was only worth $3 a piece.
Popular Bitcoin-themed X/Twitter account “Documenting Bitcoin” has reminded the cryptocurrency community that exactly 12 years ago today what has now become the world’s flagship digital currency, Bitcoin, was mentioned for the first time. on television and then it was only worth $3 a piece.
The tweet contains a video excerpt from the popular television drama series “The Good Wife” at the time. That television series aired between 2009 and 2016 and entertained a wide television audience during its seven seasons.
In the excerpt, Alicia Florrick’s character played by Julianna Margulies says she went online the night before and bought a Bitcoin. Jason Biggs’ character (Dylan Stack) says, “It’s the future,” adding that even though it doesn’t seem real now, it’s going to change.
Bitcoin price increases by 142,990%
Back then, in 2012, Bitcoin was trading at $3, and over the next 12 years, it skyrocketed by a whopping 142,990%. to reach $42,700 for now. It has gone from being known by a small circle of IT engineers and geeks to being “digital gold” and the basis for futures and exchange-traded funds issued by major Wall Street firms.
Furthermore, according to the vision of its mysterious founder Satoshi Nakamoto, Bitcoin is now accepted by several companies and providers, although it is mainly done through applications that convert BTC to fiat. Still, some, including SEC Chairman Gary Gensler, believe Bitcoin has strayed too far from Satoshi’s original vision of a decentralized peer-to-peer currency. Gensler believes that the recent timely approval of the Bitcoin ETF has placed Bitcoin even further from Nakamoto’s original idea, turning it into a Wall Street asset traded on centralized platforms.
Michael Saylor issues important warnings about Bitcoin
The founder of the business intelligence giant and its former CEO, Michael Saylor, appealed to the Bitcoin community after the spot ETF was approved. He urged the community not to sell their Bitcoin, even though the price fell more than 7% after a massive surge above $49,000.
Aside from that, Saylor has been warning his Twitter followers not to be fooled by very fake AI-generated videos of “him” endorsing fake Bitcoin giveaways on YouTube.
