{"id":20,"date":"2022-05-07T09:13:41","date_gmt":"2022-05-07T16:13:41","guid":{"rendered":"https:\/\/onlineacademiccommunity.uvic.ca\/bitcoin\/?page_id=20"},"modified":"2022-11-08T00:21:27","modified_gmt":"2022-11-08T08:21:27","slug":"milestones","status":"publish","type":"page","link":"https:\/\/onlineacademiccommunity.uvic.ca\/bitcoin\/milestones\/","title":{"rendered":"18. Bitcoin Milestones"},"content":{"rendered":"

October 31, 2022:<\/strong> SEC Chair Gensler Wishes Satoshi Nakamoto’s Bitcoin Whitepaper Happy Birthday<\/a>. (bitcoin.com)<\/p>\n

October 25, 2022:<\/strong> 40 million cash app users can now send and receive bitcoin lightning payments<\/a> (bitcoinmagazine.com)<\/p>\n

October 25, 2022<\/strong>: The Crypto Story – Where it came from, what it all means, and why it still matters<\/a>\u00a0 Matt Levine. (Bloomberg.com)<\/p>\n

October 19, 2022: <\/strong>Elon Musk’s Tesla Still HODLing $218M in Bitcoin<\/a><\/p>\n

September 27, 2022: <\/strong>Jack Mallers\u2019 Crypto Payment Firm Strike Raises $80M<\/a> (coindesk.com)<\/p>\n

September 6, 2022:<\/strong> Bitcoin Dips Below $19K, Hitting Lowest Point in Two Months<\/a> (coindesk.com)<\/p>\n

June 10, 2022:<\/strong> Jack Dorsey is building \u2018Web5\u2019 powered by Bitcoin<\/a> (cointelegraph.com)<\/p>\n

May 9, 2022:<\/strong> Bitcoin Plunges Below $30,000, Its Lowest Level Since July 2021…<\/a> (time.com)<\/p>\n

April 27, 2022:<\/strong>\u00a0Bitcoin becomes official currency in Central African Republic<\/a> (bbc.com)<\/p>\n

April 11, 2022:<\/strong> Tesla, Block and Blockstream to mine bitcoin off solar power in Texas<\/a> (reuters.com)<\/p>\n

April 7, 2022:<\/strong> Jack Mallers\u2019 Strike Announces Shopify Integration for Bitcoin Lightning Payments<\/a> (coindesk.com)<\/p>\n

November 29, 2021<\/strong>: Jack Dorsey, Twitter CEO, resigned his position to commit his time to Block (formerly, Square) and Bitcoin.<\/p>\n

November 10, 2021<\/strong>: 1 bitcoin reached an all-time high (ATH), $68,990.90 USD. Bitcoin’s Price History<\/a> (investopedia.com)<\/p>\n

September 7, 2021<\/strong>: El Salvador became the first country in the world to make Bitcoin legal tender. Bitcoin Is Legal Tender in El Salvador, Here\u2019s How It\u2019s Going<\/a> (howtogeek.com)<\/p>\n

February 8, 2021<\/strong>: Tesla buys $1.5 billion in bitcoin, plans to accept it as payment<\/a> (cnbc.com)<\/p>\n

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November 2020: <\/strong>Paypal started offering customers to buy and sell bitcoin on its platform<\/p>\n

March 2020:<\/strong> Covid-19 related financial crash<\/p>\n

January 2019<\/strong>: Canada\u2019s largest crypto exchange at that time, QuadrigaCX, suddenly closed and customers lost their money. QuadrigaCX Crypto Exchange Users Still Can’t Get Their Money Out<\/a><\/p>\n

2018<\/strong>: Lightning Labs ran a beta version of its Lightning Network on the Bitcoin mainnet.<\/p>\n

Early 2018:<\/strong> Cryptocurrency price crash<\/p>\n

December 2017:<\/strong> Cryptocurrency Bubble. Bitcoin reached $19,834.93 on December 17<\/p>\n

August 10, 2017:<\/strong> Jack Mallers Announcing Zap: A Lightning Network Wallet<\/a><\/p>\n

August 1, 2017<\/strong>: Bitcoin Cash<\/a> (BCH) Hard Fork. A new protocol was created from Bitcoin. BCH tried to replace BTC\u00a0 but the attempt did not succeed<\/p>\n

2016<\/strong>: Dryja and Poon founded Lightning Labs<\/p>\n

2015-2017<\/strong>: The Blocksize War – “A debate about the size of Bitcoin’s blockchain blocks” The Bitcoin Block Size Debate Explained<\/a> (bitrawr.com)<\/p>\n

August 8, 2015<\/strong>: BitLicense came into effect in New York<\/span><\/span><\/p>\n

2015<\/strong>: Lightning network white paper<\/a> was proposed by Joseph Poon and Thaddeus Dryja. What is the Lightning Network in Bitcoin, and how does it work?<\/a> (cointelegraph.com)<\/p>\n

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June 11, 2014<\/strong>: Yahoo! and Google Finance added bitcoin price, BTCUSD=X<\/p>\n

February 28, 2014:<\/strong> Mt. Gox<\/a>, one of the largest exchange sites at that time, went bankrupt after losing 650,000 bitcoins due to hacking.<\/p>\n

November 28, 2013: <\/strong>1 BTC reached $1,000 USD<\/p>\n

October 02, 2013: <\/strong>The anonymous market place Silk Road<\/a> site on the Darknet<\/a> was closed. Bitcoin was used for payment transactions<\/p>\n

March 2013:<\/strong> Bitcoin hits record exchange values with Cyprus banking crisis<\/a>. (cnet.com)<\/p>\n

February 09, 2011: <\/strong>1 BTC reached $1 USD<\/p>\n

May 22, 2010: <\/strong>Bitcoin Pizza Day – the first bitcoin transaction was made! A guy named Laszlo Hanyecz\u00a0 @HanyeczLaszlo<\/span><\/a> paid 10,000 bitcoins for two pizzas. https:\/\/bitcointalk.org\/index.php?topic=137.0<\/a><\/p>\n

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October 05, 2009: <\/strong>The first valuation of bitcoin – 1 bitcoin (BTC) was priced $0.001 USD<\/p>\n

January 12, 2009: <\/strong>The first bitcoin transaction was made between Satoshi Nakamoto and Hal Finney<\/a>. They transferred 10 bitcoins<\/p>\n

January 03, 2009: <\/strong>The birth of Bitcoin – the very first block of Bitcoin, called Genesis Block<\/span><\/a>, was mined by Satoshi Nakamoto<\/a><\/p>\n

October 31, 2008: <\/strong>Bitcoin white paper – Bitcoin: A Peer-to-Peer Electronic Cash System <\/em>(PDF<\/a>), by Satoshi Nakamoto was published on a cryptography mailing list<\/p>\n