2008:
The domain name bitcoin.org is registered online. After 2 months a paper entitled "Bitcoin: A Peer-to-Peer Electronic Cash System" was passed around a cryptography mailing list. The name linked to the paper is Satoshi Nakamoto, the mysterious creator of Bitcoin.
2009:
Bitcoin is processed through a software program that is "mined" by people seeking bitcoin in a lottery-based system. Over the next 20 years the total amount of circulating coins will be of 21 million approximately.
2010:
Pioneering merchants started accepting bitcoin as a payment. One of the first transactions operated was the purchase of pizza. Today, the amount of bitcoin used to purchase the pizzas is valued around $100 million.
2011:
Because of its inherent anonymous nature, Bitcoin is used for drug trade on the internet black market. In a way, drug trafficking websites legitimised Bitcoin as a means of commerce.
In April, Nakamoto sent Bitcoin developer Mike Hearn this email: "I've moved on to other things. The future of Bitcoin is in good hands." In his wake, Nakamoto left behind a vast collection of writings, a premise on the workings of Bitcoin, and the most influential cryptocurrency ever created.
2012:
The Bitcoin Foundation was launched, to promote the global growth of Bitcoin through the promotion of the open source protocol.
WordPress starts accepting bitcoins.
2013:
Robocoin and Bitcoiniacs launch the first bitcoin ATM in Vancouver, Canada, allowing clients to sell or purchase bitcoin currency at a coffee shop. The University of Nicosia (Cyprus) and the Chinese internet giant Baidu allow clients to pay with bitcoins.
2014:
Microsoft and Overstock start accepting bitcoins.
2014:
Microsoft and Overstock start accepting bitcoins.
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