Bitcoin to Swedish krona (BTC to SEK)

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An unknown person or group of people using the name Satoshi Nakamoto conceived Bitcoin in 2008. On August 18th, 2008, the domain name bitcoin.org was registered. On January 3rd, 2009, the starting block of the chain was mined by Nakamoto, and the bitcoin network was created. The coinbase of this block had the text "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" embedded in it.

Hal Finney received the first bitcoin transaction. On the release date of Bitcoin, Finney downloaded the bitcoin software and then received ten bitcoins from Nakamoto on January 12th, 2009. The first commercial transaction with bitcoin happened in 2010, when Laszlo Hanyecz, a programmer, bought two pizzas from Papa John's for 10,000 BTC.

Nakamoto disappeared in 2010, and he handed the control of the code repository and network alert key to Gavin Andresen, a software developer. In 2021, the Bitcoin Foundation was founded by Andresen to nurture and support the development of Bitcoin. Before his disappearance, analysts estimated that one million bitcoins were mined by Nakamoto.

This decentralized digital currency is created as a reward for a process known as mining. Bitcoin can be exchanged for products, services, and other currencies.

On November 20th, 2015, the first BTC to SEK was calculated, and it was 2,848.28 SEK. Since then, the price of Bitcoin has really grown. The all-time high of Bitcoin was on November 12th, 2021. On this day, Bitcoin was worth 563,873.52 SEK.