Events tagged with "economic systems"

Historical Events tagged with "economic systems"

Turns out history loves a label—battles, breakthroughs, and the occasional disaster, all neatly tagged for your browsing pleasure. Because sometimes you just need every weird invention in one place.

Economics & Industry

Launch of Bitcoin's Genesis Block by Satoshi Nakamoto

January 3rd, 2009 16 years ago

The Genesis block of Bitcoin, the first block of the blockchain, was established by Satoshi Nakamoto. This foundational block was created as a critical part of the new decentralized payment system. Embedded in the block was a message referencing a newspaper headline, which highlighted the financial instability at the time. The block's creation marked the beginning of a revolutionary technology aimed at creating a peer-to-peer electronic cash system.