The crypto world celebrates 16 years since Bitcoin’s Genesis block was mined in 2009. This event marked the birth of the digital asset and the start of a financial revolution. Bitcoin was created in response to the 2008 financial collapse, offering a decentralized digital currency with a fixed supply. The Genesis block contained a message criticizing traditional banking systems. The block remained unspendable, highlighting Bitcoin’s alternative to centralized financial systems. The crypto community sees the Genesis block as a pivotal moment in financial history, emphasizing Bitcoin’s decentralized nature. Leading crypto firms and enthusiasts acknowledge the significance of this event.

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