FT Reveals Bitcoin Headline on Genesis Block’s 12th Anniversary


Bitcoin (BTC) received a fitting but random birthday present on January 4 when the Financial Times posted front page news on the 12th anniversary of its Genesis block.

The FT headline published on Monday had already made the rounds before it was published in Crypto Social Media.

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12 years later: No bailouts, just Bitcoin

The left column of the front page was devoted to Bitcoin’s price hike, while the attached price chart was the main image of the paper.

BTC / USD weekly candle price chart (Bitstamp). Source: trade view

The timing couldn’t have been more noticeable just a day after Bitcoin celebrated its 12th birthday. On January 3, 2009, another mainstream newspaper, The Times, headed the UK with the now infamous “Chancellor on Brink of Second Bailout for Banks” headline added to Bitcoin’s first block of transactions, also known as “The Times” is Genesis block.

The Bitcoin firm’s retention in 2021 was a headline that some may claim is just as apt when it comes to coronavirus lockdowns – something that has done tremendous economic damage and money pressures on an unprecedented scale.

Unsurprisingly, advocates of Bitcoin as solid money and an escape from fiat inflation were in a celebratory mood when the FT headline went public.

“On the first business day of 2021 #Bitcoin will take its rightful place in the Financial Times,” said Michael Saylor, CEO of MicroStrategy, summarizing the Twitter followers and adding a quote from French author Victor Hugo.

Crypto will leave traditional assets in the dust in 2021

As Cointelegraph reported, Bitcoin has already distinguished itself as a macroinvestment in 2021, after finally outperforming traditional assets in just four days. The same was true for 2020 and most of the years before, with only other cryptocurrencies and later Tesla stocks representing significant competition.

“Bitcoin and Ether $ ETH are already the biggest hits of 2021,” tweeted Tyler Winklevoss, co-founder of Gemini Exchange, earlier this week.

There was also a significant drop in exchange rate balances on January 3, reminiscent of Bitcoin OG Trace Mayer’s promotional efforts over the past three years.

Mayer, dubbed “Proof of Keys”, appealed to investors to take their coins en masse from exchanges on the same day in January in order to take control of their own finances and adhere to the Bitcoin ethos of “being your own bank” .