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Asolica > Blog > Crypto > Bitcoin Turns 17 – Nearly An Grownup and No Longer a Hacker Cash
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Bitcoin Turns 17 – Nearly An Grownup and No Longer a Hacker Cash

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Last updated: November 1, 2025 1:07 am
Admin
1 month ago
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Bitcoin Turns 17 – Nearly An Grownup and No Longer a Hacker Cash
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Contents
  • How Bitcoin Began From Rise up
  • Governments Be part of the Fold
  • What’s Subsequent for Bitcoin?

Bitcoin marks its seventeenth anniversary this week — not a fringe experiment, however a pillar of worldwide finance. Printed by Satoshi Nakamoto on October 31, 2008, the Bitcoin whitepaper laid the inspiration for a peer-to-peer digital foreign money free from intermediaries. 

Seventeen years later, its attain now spans governments, main companies, and institutional traders.

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How Bitcoin Began From Rise up

As soon as dismissed as “money for hackers,” Bitcoin now sits within the portfolios of a few of the world’s largest monetary gamers. 

BlackRock alone holds about 3% of Bitcoin’s circulating provide, whereas publicly listed corporations collectively personal over 725,000 BTC. 

Personal firms maintain one other 300,000 BTC, reflecting how deeply the cryptocurrency has penetrated company finance.

Sebastián Serrano, CEO and co-founder of Ripio, stated Bitcoin’s evolution has validated early believers. 

“When we started Ripio in 2013, we knew the impact would be immense — and time has proven it,” he stated. “Seventeen years after the whitepaper, the results are undeniable.”

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Governments Be part of the Fold

Bitcoin’s attain now extends into nationwide treasuries. Round 31% of its provide is held by centralized entities, together with governments, ETFs, and public firms. This means a transparent signal of institutionalization. 

El Salvador continues to deal with Bitcoin as authorized tender, reinforcing its use past hypothesis.

Michael Rihani, head of crypto at Nubank, stated Bitcoin’s integration into mainstream finance cements its standing as a legit asset class. 

“This shift bridges traditional and digital finance, expanding both access and credibility,” he defined. 

Brazil’s B3 trade now lists Bitcoin ETFs and BDRs tied to international funds, giving typical traders new publicity to the asset.

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Cash is an data concept downside

Okay, so Elon Musk replied to a put up about Bitcoin’s birthday (it is the seventeenth anniversary of the Bitcoin whitepaper being printed) by saying, “Money is an information theory problem.”

Let me break it down tremendous easy.

Think about cash… https://t.co/VZcbi7lSl0

— Cern Basher (@CernBasher) October 31, 2025

Bitcoin has additionally entered the political enviornment. US President Donald Trump — as soon as a vocal critic — now accepts Bitcoin donations and pledges to make the US a worldwide hub for mining and blockchain innovation. 

In Argentina, President Javier Milei champions Bitcoin as “money returning to the people,” a bulwark in opposition to inflation and financial mismanagement. 

El Salvador’s Nayib Bukele went additional, declaring it authorized tender and constructing state reserves.

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Such strikes present that Bitcoin has developed from only a technological matter to a political assertion. 

For reform-minded leaders, it symbolizes sovereignty and monetary freedom. For regulators, it represents a disruptive power to be built-in — or contained.

What’s Subsequent for Bitcoin?

Buying and selling close to $110,000, Bitcoin now faces twin paths: consolidation and transformation. Institutional adoption retains rising, however so does innovation. 

Advances just like the Lightning Community and tokenization on Bitcoin’s base layer might redefine how worth strikes globally.

All indicators level to the identical conclusion — Bitcoin is probably the most useful and clear asset of the previous decade, with a hard-capped provide of 21 million cash. 

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