Fans continue to unveil new logos for Bitcoin to this day, but the BTC community has yet to see a symbol near the favorite orange ₿.
The bright orange Bitcoin (BTC) logo, for more than a decade, has become synonymous with financial freedom amid the modern-day recession and strict government surveillance. However, in contrast to the mystery surrounding the origin of Bitcoin, the development of the Bitcoin ‘₿’ logo is fairly well documented in the depths of the Internet.
When Bitcoin was introduced 13 years ago by creator Satoshi Nakamoto, the first iteration of the Bitcoin logo represented a gold coin with “BC” text embedded in the center.
However, on February 24, 2010, Nakamoto introduced a new Bitcoin logo, replacing the “BC” text with the “” embedded in the gold coin.
Based on community feedback, Satoshi then incorporated changes to the new logo and released copyright-free images into the public domain. The logo was then adopted as the official Bitcoin logo. for a short amount of time.
The decentralized nature of the Bitcoin ecosystem permits the general public to contribute to the Bitcoin network in various forms based on community agreement, including logo designs. On November 1, 2010, Bitcoin community member bitboy released a new iteration of the Bitcoin logo based on Satoshi’s design. Though, this time the designer chose to replace the gold coin with the iconic orange circle and tiled the “₿” logo 14% clockwise.
As a result of awesome support from the community, bitboy’s design stands as the official logo for Bitcoin over the last 12 years. After releasing the finalized version of the Bitcoin logo, bitboy stated:
“Now everyone can make use of the graphics freely even for commercial purposes with this license and not bound by any restriction.”
Fans continue releasing new logos for Bitcoin to date, but the BTC community has yet to come across a symbol that comes close to the adored orange ₿.
In June Bitcoin ATM installations made a sheer recovery after observing a consistent decrease throughout 2022.
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