Origin of the bitcoin logo
Today I want to tell you a very curious and interesting story that has as its protagonist the logo of the first and most important cryptocurrency in history: the BITCOIN.
Perhaps you have never wondered what is hidden behind this orange circle and today I will reveal how one of the most famous and globally recognized symbols was created. Join me to discover the origin of the bitcoin logo.
History and evolution of the bitcoin logo
You may be surprised to know, but what we know today as the capital “B”, bitcoin’s symbol, was not used in the original versions. Below I will tell you about the evolution of the BTC logo.
FIRST VERSION: SATOSHI NAKAMOTO (EARLY 2009)
Satoshi Nakamoto, who was a crypto and computer cracker, surely didn’t shine in graphic design (you can’t have everything in life 😜).
In fact the first (very spartan) logo they released in 2009 was a circle with the letters “BC”.
Satoshi Nakamoto’s Bitcoin logo appeared two years after the launch of Apple’s iPhone, whose user interface was largely based on skeumorphic design, just like the Bitcoin logo. Scheumorphism, from the Greek skeuos (meaning tool) and morphê (meaning shape), is a design technique in which an element maintains certain aspects that remind us of objects present in real life and is a style that was very fashionable at the time of bitcoin’s launch.
SECOND RELEASE: BITCOIN TALK (FEBRUARY 24, 2010)
The following year, when the Bitcointalk forum had already arrived and it was clear that Nakamoto’s project was going to be successful, the desire for a new symbol, more similar to other monetary icons, became more and more impelling.
Thus forum users began to join Nakamoto’s conversation about the Bitcoin logo.
Several participants in the discussion also presented various ideas.
Some suggested using the Thai baht symbol (฿), others advocated the ampersand (&), someone suggested adding a “T” to “BC” and others recommended using the initials “BTC” as the official currency code.
Nakamoto himself, listening to the various proposals and eager to create a new identity to what would be the first crypto and one of the most important symbols in history, proposed a new version of the logo, which he published on BitcoinTalk on February 24, 2010 and had to represent a coin equivalent to 100 million satoshis.
The second version of the logo followed the Thai baht concept, a letter “B” with two vertical strokes.
This proposal, while not a masterpiece in terms of design, was interesting in light of the comments that Hal Finney, who years later many thought was the real Satoshi Nakamoto, posted on BitcoinTalk.
“Interestingly, the dollar sign originated with two vertical bars instead of one, according to several theories.
In addition, Unicode supposedly allows the character to be represented with one or two lines, depending on the font designer’s taste.”
Well, notwithstanding Satoshi’s effort, many users had no qualms about criticizing the new logo version… sometimes in a quite direct and insistent manner 😆.
An example is user ArrowJ who wrote:
“Is this the “official” logo? I understand how hard it can be to do something truly professional when you don’t have the skills (which I don’t have) or the software (which I also don’t have), so I’m not trying to be rude, but wouldn’t it be better if we adopted something … better? I’m really not trying to be mean…. I’ve really done my best to try to figure out how to do the things that many of the Deviant artists do.
There is at least one other thread with a set of logos and badges that are really promising here: http://bitcointalk.org/index.php?topic=1631.0
I promise I don’t know this guy (I didn’t even check the username). What the heck, if anyone else could come up with another alternative that would be great too. It seems important that we have a really nice logo with all sizes, resolutions and formats that may be needed.
And insisted… 😬
Is there a reason we couldn’t adopt something else before Bitcoin gets too big and it’s too late to change without damaging “brand” recognition? It seems silly to stick with something that is “fine” when we could have something great.
I hope I didn’t step on anyone’s toes too much.”
THIRD VERSION: BITBOY (NOVEMBER 2010)
After several proposals and opinions, Bitcointalk users unanimously thought that the symbol should conform to certain characteristics that would have allowed anyone to use it in any size and proportions and fit any medium, thus ensuring its fungibility. And it was in November 2010 that a user named Bitboy left his first message on Bitcointalk, humbly sharing some of the graphics he had designed.
The comments from other users were surprisingly positive but no one would have thought that the logo proposed and created by Bitboy would have been the logo of the most important digital currency in history.