00:00In 2008, a mysterious figure named Satoshi Nakamoto changed the world with a single idea, Bitcoin.
00:05A decentralized digital currency free from banks and governments built on trust and code.
00:10It began with a white paper, released on a cryptography mailing list.
00:13Nine pages outlined a system for peer-to-peer electronic cash, secured by mathematics.
00:18No one knew who Satoshi was, but the vision was clear, money without borders were middlemen.
00:22January 3, 2009.
00:25The Bitcoin network quit life.
00:27Satoshi mined the genesis block, embedding a message in the code, a headline about bank bailouts, a silent protest against centralized finance.
00:34The first block reward was 50 bitcoins.
00:36A new era had begun.
00:38Early adopters, mostly coders and cypherpunks, joined the experiment.
00:42They ran nodes on home computers, mined with CPUs, and traded bitcoins for fun.
00:46Forums buzzed with ideas, debates, and dreams of a financial revolution.
00:502010 brought the first real-world transaction.
00:52A programmer named Laszlo Honeyx paid 10,000 bitcoins for two pizzas.
00:57A historic moment now worth billions.
00:59Bitcoin was no longer just coded with value.
01:02But growth wasn't easy.
01:03Bugs plagued early software.
01:05In 2010, a fall let someone create billions of bitcoins.
01:09The community scrambled, patched the code, and rolled back the blockchain.
01:13Trust held firm, but the stakes were clear.
01:15Satoshi vanished in 2011, leaving bitcoin to the community.
01:19Developers like Gavin Andresen and Hal Finney stepped up, refining the protocol.
01:23Mining evolved from CPUs to GPUs, then to specialized hardware called Asik.
01:27The network grew stronger, but debates over scaling sparked tension.
01:312013 saw bitcoin's price surpass $1,000, then crash.
01:35Exchanges like MT.
01:37Box collapsed under Axiom mismanagement.
01:39Yet, developers kept building.
01:41The Lightning Network emerged, promising faster, cheaper transactions.
01:44Smart contracts and Layer 2 solutions expanded bitcoin's potential.
01:49By 2017, bitcoin was a global phenomenon.
01:52The block size debate led to a hard fork, both in bitcoin cash.
01:55Purists held the original vision as secure, decentralized store of value.
02:00Institutional interest group banks weren't skeptical, now explored blockchain technology.
02:04The 2020s brought new milestones.
02:06Taproot, a major upgrade, enhanced privacy and efficiency.
02:10Nation states like El Salvador adopted bitcoin as legal tender.
02:13Miners adapted to energy debates, tapping renewables to power the network.
02:18Bitcoin's hash rate soared, securing billions in value daily.
02:21Today, bitcoin stands as a testament to open source resilience.
02:24No single leader, no central control.
02:27A global network of developers, miners and users keeps it alive.
02:31From a cryptic email to a trillion dollar asset,
02:33bitcoin's story is one of rebellion, innovation and trust in code.
02:36What's next?
02:38Only the network knows.
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