15 Years After Satoshi's Prophecy: How Bitcoin Has Proven Him Right?

Fifteen years ago, Satoshi Nakamoto typed a brief, almost ordinary statement on a Bitcoin forum that later sounded prophetic: "The utility of exchanging through Bitcoin will far outweigh the cost of energy consumption. Therefore, the absence of Bitcoin will be a net waste." At that time - August 7, 2010 - it was only traded at a price of $0.07 and was mainly in a small group of early users. It could be mined on a desktop computer. Today, the price of Bitcoin is around 117,000 dollars, after reaching a high of 123,000 dollars this year. This currency is no longer an enigmatic experiment of an anonymous programmer but a pillar of the 2.3 trillion dollar cryptocurrency market, attracting retail investors, Wall Street, and even the government.

From Forum Posts on Niche to Strategic Reserves This week, crypto analyst Crypto Rand revisited the pioneering article of Satoshi Nakamoto, illustrating how this idea has come to life over time. At that time, many wondered whether Bitcoin could sustain its energy consumption, but today the demand has expanded beyond individual users to organizations - even nations. The United States is said to be compiling a strategic Bitcoin reserve, an absurd idea in 2010 but today seems like the next direction for this asset class in the global financial world.

The Macro Advances Addressing Satoshi's Vision The price movement of Bitcoin this week is a real example of how this currency is currently being influenced by forces similar to gold, bonds, and other macro assets. The Bank of England has just cut interest rates by 25 basis points to 4.00% - the second cut this year - aiming to bring inflation back to the target of 2%. This move has sparked a rally across the cryptocurrency market, pushing BTC back to $117,000 and lifting Ethereum ( and other cryptocurrencies ) to nearly $3,900. According to Satoshi's argument, the utility of Bitcoin is no longer just simple peer-to-peer transactions. It has evolved into a widely recognized liquid store of value, responding to the actions of central banks, investor sentiment, and geopolitics. Balancing Action Ahead However, the volatility has not disappeared. Trump's tax plan and the slower-than-expected interest rate cuts by the United States have dampened Bitcoin's growth momentum from previous highs, indicating that even in 2025, macroeconomic disadvantages could still cause Bitcoin prices to drop significantly. However, compared to 2010, this number is truly astounding - from a few cents to six figures, from a message on a forum to the monitoring screen of the central bank. Fifteen years later, Satoshi's comments on electricity and utility are not only prophetic but also challenging. And to this day, Bitcoin seems determined to prove him right.