17 Years of Bitcoin’s First Peer-to-Peer Transfer

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On January 12, 2009, Satoshi Nakamoto sent 10 BTC to Hal Finney, marking the first peer-to-peer Bitcoin transaction in history. Finney, an early supporter, had downloaded Bitcoin v0.1 shortly after its release and helped test the network. Recorded in block 170, this transaction proved that digital money could operate without banks or intermediaries. Before this, Bitcoin was only mined for rewards. This historic transfer showed that value could move directly between people, laying the foundation for today’s global Bitcoin network.