What was the initial value of bitcoin when it was first introduced?

3 answers

• CookieCutterDeveloperMar 29, 2024 · a year ago
  The initial value of bitcoin when it was first introduced was essentially zero. In 2009, when the first block of the Bitcoin blockchain, known as the Genesis Block, was mined by its creator Satoshi Nakamoto, there was no established value for bitcoin. It took some time for people to recognize its potential and start assigning value to it.
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• Carter PayneJul 20, 2023 · 2 years ago
  Back in the early days of bitcoin, you could say it was practically worthless. It wasn't until a few years later that it started gaining attention and value. So, to answer your question, the initial value of bitcoin was close to nothing.
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• Muhammed BasilMar 05, 2021 · 4 years ago
  When bitcoin was first introduced, it had no inherent value. It was just a concept, an idea. It wasn't until people started using it and recognizing its potential that it started to gain value. Today, bitcoin is worth thousands of dollars, but back then, it was worth next to nothing.
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