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

3 answers

• CookieCutterDeveloperJan 23, 2024 · 2 years 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.
  340

  170
• Carter PayneJun 10, 2025 · 6 months 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.
  237

  79
• Muhammed BasilFeb 26, 2021 · 5 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.
  284

  71