From a Revolutionary Idea to a Global Asset

On October 31, 2025, the cryptocurrency community commemorates the 17th anniversary of the Bitcoin whitepaper. Originally released by the pseudonymous Satoshi Nakamoto in 2008 during the global financial crisis, the document proposed a revolutionary peer-to-peer electronic cash system independent of traditional financial institutions.

In the years since, that foundational concept has fueled Bitcoin’s evolution into a major asset class with a market capitalization of $2 trillion. Key milestones in its journey include its adoption as legal tender in El Salvador and the landmark approval of spot Bitcoin Exchange-Traded Funds (ETFs) in 2024, which significantly broadened investor access.

Resilience Amid Market Fluctuations

While the celebration coincides with recent price volatility around the $110,000 level and some outflows from ETFs, Bitcoin’s long-term performance underscores its resilience. Despite periodic market shifts, historical data reveals a compound annual growth rate exceeding 200% since 2010. This sustained growth highlights the whitepaper’s lasting impact, a sentiment echoed by industry leaders across the financial technology space.