Bitcoin Logo

Bitcoin LogoBitcoin Logo PNG

The evolution of the world’s payment systems is demonstrated by Bitcoin – the emblem used by its virtual payment unit. The identification system, namely the Bitcoin logo, demonstrates its recognizability, stability, and reliability, which reflects its similarity to the dollar sign.

Bitcoin: Brand overview

Bitcoin is a peer-to-peer payment system, as well as its virtual payment unit. They emerged in 2009 in Japan, having been created from scratch by Satoshi Nakamoto.

Meaning and History

Bitcoin Logo History

Compared to other cryptocurrencies, bitcoin is the most sought-after and widespread. Today, it is included in the Unicode standards under its unique number. It is included in the original logo, which consists of two parts: textual (the name of the system) and graphic (the BTC symbol).

But before becoming the basis of the authentic emblem, they underwent several modifications separately. For example, at first, the designation of the unit of account resembled the Thai baht – the capital letter “B” crossed vertically with a single line. However, over time, when the community realized that this was a stable and reliable cryptocurrency, its sign began to look like “B” with two vertical lines – like a dollar. The letters “BC” – short for “bitcoin” – were also used simply.

What is Bitcoin?

Bitcoin is a peer-to-peer cryptocurrency and decentralized payment system that uses this unit of currency. It was introduced in 2008 by an unknown person (or group of people) named Satoshi Nakamoto and put into circulation in 2009. Bitcoins are mined by mining or exchanging in a peer-to-peer network without intermediaries.

2009 – 2010

Bitcoin Logo 2009

2010

Bitcoin Logo 2010

2010 – today

Bitcoin Logo

Bitcoin: Interesting Facts

Bitcoin is a special kind of money called cryptocurrency that started in 2009. It was made by someone named Satoshi Nakamoto, but no one knows who he is. Here’s what makes Bitcoin interesting:

  1. Who Made It? We don’t know who created Bitcoin. They used Satoshi Nakamoto, but it’s still a big mystery.
  2. The First Bitcoin Block: In 2009, Nakamoto created the very first Bitcoin block, the Genesis Block. The block contains a message about banks needing money from the government, which suggests that Nakamoto might not trust banks much.
  3. Buying Pizza: In 2010, the first thing ever bought with Bitcoin was two pizzas, which cost 10,000 Bitcoins! People celebrate this on May 22, calling it “Bitcoin Pizza Day.” Those Bitcoins are worth a lot more now!
  4. There Can Only Be So Many Bitcoins: There can only be 21 million. This limit ensures the cryptocurrency doesn’t lose value due to having too many, like rare gold.
  5. How It Works: Bitcoin doesn’t need banks or a middleman. It uses blockchain technology, which makes it safe and allows everyone to have a say in its operation.
  6. Making More Bitcoin: People make new Bitcoins by mining, which means using computers to solve hard puzzles. Every four years, making Bitcoins harder in an event called “halving” makes them rarer.
  7. It Uses a Lot of Power: Mining Bitcoin requires a lot of electricity, like a whole country’s electricity. This has made some people worried about how it affects the environment.
  8. Rules Around the World: Different places have different rules about Bitcoin. Some places like it and have made rules that help people use it, while other places don’t allow it.
  9. Price Goes Up and Down: Bitcoin’s price greatly changes. Sometimes, it’s worth a lot more, and sometimes less. This happens for different reasons, such as people guessing its value or creating new rules.
  10. Inspiring Others: Bitcoin has created many other types of cryptocurrencies, like Ethereum and Litecoin. Each one has its special features.

Bitcoin is not just about money; it shows how we can use technology to handle money differently without needing banks. It’s still new and changing; many people are excited to see where it goes.

Font and Colors

Bitcoin Emblem

When the project started to gain popularity and become successful, there was an urgent need for its symbolism. It was necessary to represent something that was not similar to any of the competing virtual systems. It was then that Satoshi Nakamoto presented the first version of the logo to the world. In February 2010, he published the design on the BitcoinTalk forum and suggested that one bitcoin corresponds to 100 million satoshis. Then, the forum visitors expressed their assumptions on this matter.

As a result, the participants of the discussion came to a collective opinion: the emblem must meet certain criteria that would prevent fraudsters from copying and duplicating it. At first, the basic structure of the BTC emblem consisted of three elements: a rectangle, a small circle, and a curved line. Later, Nakamoto tweaked the official symbol by adding two vertical strokes – a dash at the top and bottom. Bitboy created the current version.

The numerical designation for the “B” block is an eight (8). The pair of lines at the top and bottom of the capital letter should be associated with the dollar. But if you look closely, you will notice that the stroke on the icon is incomplete and different from the dollar stroke. Because of this, the graphic looks as if the letter “B” is superimposed on the “$” and overlaps it. This technique has a special interpretation: it is time to displace the old currency and replace it with a new one – bitcoins.

Bitcoin Symbol

The inscription “bitcoin” in the text part is slanted in lowercase letters. The font is smooth, without serifs. The characters “i” have the same height as “t,” which has half of the horizontal stroke cut off. The tops of the “b” and “t” are cut at an angle to the left, and the pointed ends are cut to the right. Initial attempts to incorporate the distinctive BTC mark into the Unicode system were unsuccessful. But in late 2015, bitcoin was officially registered and received its symbol.

The palette of the cryptocurrency consists of a combination of several colors. The inscription can be colored in white or gray, the designation of the virtual unit of account – only in white, the coin – in orange, the background – in black or white. The yellow-orange color scheme is perceived naturally, as it is associated with the shine of gold.

Bitcoin color codes

Carrot OrangeHex color:#f7931a
RGB:247 147 26
CMYK:0 40 89 3
Pantone:PMS 1495 C
Davy’s GrayHex color:#4d4d4d
RGB:77 77 77
CMYK:0 0 0 70
Pantone:PMS 7540 C

FAQ

What is the symbol of Bitcoin?

In the first years of Bitcoin’s existence, its symbol was the abbreviation BC, formed from two bases: bit (unit of digital information) and coin (money sign, coin). Then appeared a symbol in the form of a single letter B with two short strokes at the top and bottom, similar to the vertical line of a dollar – $. On the exchange, this cryptocurrency is traded under the ticker BTC. There is also a variant called XBT.

Who owns the Bitcoin logo?

The Bitcoin logo belongs only to the payment system of the same name. Its actual owner is considered to be Satoshi Nakamoto – the creator of the cryptocurrency. But since he designed the logo for everyone, it has no real owner. It, too, is “decentralized” and is used both for the website and to denote the currency.

Who designed the Bitcoin logo?

The authors of the Bitcoin logo are two people. Satoshi Nakamoto (the creator of this cryptocurrency) presented the first version he designed in 2008. Later, it was finalized by Bitboy enthusiasts and brought to the standard used today.

Why is the Bitcoin logo orange?

The design of the modern Bitcoin logo was invented by a member of a crypto-enthusiast forum, who was asked for advice by the creator of this digital currency, Satoshi Nakamoto. The stranger, under the nickname Bitboy, was inspired by the MasterCard logo and used a circle of orange color by analogy with it. This palette is considered a marketing palette. According to the hex code, it is #F6911D; according to Pantone, it is 1495 C.