Looking Back In History: All Bitcoin Logo Transformations To Date


Looking Back In History: All Bitcoin Logo Transformations To Date

In today’s society, crypto giant, Bitcoin [BTC] has established as far as being recognized by its logo alone. The big “B” followed by the two lines going through it like that of a dollar sign – all housed within a circle to represent a coin cannot be missed.

This makes us wonder how far Bitcoin has come in terms of logo transformation, and as per CoinDesk, it seems like BTC has come a long way. The following is a quick overview of the different representations of BTC provided since its existence.

Jan/ March 2009

Satoshi was the one to create the logo to the left. They did so once the software was launched and chose to represent BTC as a gold coin – which was reported as symbolizing “metallism”. As per conversations in Bitcoin Talk in 2009, some of the changes suggested include:

  • Including the Thai Baht symbol
  • Both Thai Baht and Costa Rican colon
  • Adding “T” to BC

Enthusiasts supporting its decentralizing nature have since noted that its best to “let it evolve organically”.

Feb 24, 2010

Satoshi updated logo as per previous suggestions. Bitcoin Talk users slightly criticized BTC’s resemblance to Thai Baht merely because of the confusions that may arise. One person was quoted saying,

“Is there a reason we couldn’t adopt something else before bitcoin gets too big and it’s too late to change without hurting ‘brand recognition’?”

This comment could have been made in reference to its simplicity.

Nov 1, 2010

Bitboy was supposedly responsible for this logo, and it was accepted by users because of its “more readable, scalable logo that was more brandable than a simple gold coin,” reports Coin Desk.

When asked why it resembled Mastercard’s logo, Bitboy shared that that’s where the inspiration comes from, adding that BTC too can serve as a payment method.

April 2014

Graphic Design Studio, ECOGEX proposed this design as it supposedly signifies BTC’s true nature. In particular, they were quoted saying: “Bitcoin needs an open source graphic identity, designed with open source software by and for the community.”

Controversies Regarding Those Responsible For BTC Logo

According to Coin Desk’s reporting, Phil Wilson claimed himself and “second-ever developer of bitcoin,” Martti Malmi as having played a role in Bitcoin’s logos. The former had no evidence to back his claims up and the latter has since shared that he was never involved to begin within.

Which of the logos and the provided reasons do you think reflects Bitcoin and its overall aim? Let us know in the comments below.

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