Bitcoin Turns Five Today 2013-11-01

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Created by industry experts and meticulously reviewed

The highest standards in reporting and publishing

How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Can you believe Bitcoin technically turns five-years-old today? Five years ago, on Saturday, November 1st, 2008, Satoshi Nakamoto sent out the famed email message explaining the very premise of Bitcoin.

“A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without the burdens of going through a financial institution,” Nakamoto explains. You can read the full email here.

This is not to be confused with the actual release of Bitcoin, which was several months later in January 2009. An important milestone, indeed. Where do you reckon we’ll be in another 5 years?

[via Reddit]