January 7, 2009
# The Block: Bitcoin's First Step
This week, a ghost built the first brick of a new money. On Saturday, January 3, Satoshi Nakamoto mined the genesis block, block zero, of a currency called Bitcoin. The block carried a headline from The Times about the Chancellor on the brink of a second bailout, a protest and a proof. The first fifty coins were created, and the coins had no price. The block is the January 2009 story, and the story is the lesson: the first brick was laid quietly, and almost no one noticed.
Read →