The BTC origin story: Who designed the Bitcoin logo?

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However, on February 24, 2010, Nakamoto came up with a new Bitcoin logo, which saw the “BC” text replaced by the “₿” embedded in the gold coin.

Satoshi Nakamoto’s second attempt at the Bitcoin logo. Source: bitcointalk.org
Based on community feedback, Satoshi then incorporated the changes into the new logo and posted the copyright-free images into the public domain. The logo was subsequently accepted as the official Bitcoin logo for a short period of time.

Satoshi Nakamoto incorporates design changes based on community feedback. Source: bitcointalk.org
The decentralized nature of the Bitcoin ecosystem allows the general public to contribute to the Bitcoin network in various forms based on community consensus, including logo designs. On November 1, 2010, Bitcoin community member bitboy – not to be confused with YouTuber BitBoy Crypto – released a new version of the Bitcoin logo based on a Satoshi design. However, this time the designer chose to replace the gold coin with the iconic orange circle and tilted the “₿” logo 14% clockwise.

The bitboy design is known as the official Bitcoin logo. Source: bitcointalk.org
As a result of the massive support from the community, the bitboy design has been standing as the official Bitcoin logo for the past 12 years. After the final version of the Bitcoin logo was released, bitboy stated:

“Now everyone can use the graphics freely even for commercial purposes with this license and is not bound by any restrictions.”
Enthusiasts continue to release new Bitcoin logos yet, but the BTC community has yet to come across a symbol that comes close to the beloved orange ₿.

Related: Bitcoin Ecosystem Restores Full Cycle of Global ATM Installations

Bitcoin ATM installations made a sharp recovery in June after seeing a steady decline throughout 2022.

A graph showing the net change in the number of cryptocurrency machines installed and removed per month. Source: ATM Coin Radar
The chart above shows that the May 2022 drop reached a range that was last seen in 2019. Over the past two years, in 2020 and 2021, Bitcoin ATM combinations have consistently grown due to a friendlier regulatory landscape amidst a rewarding market when many cryptocurrencies achieved all of their What it has – time rises momentarily.

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