The bright orange Bitcoin (BTC) logo has, for over a decade, become synonymous with financial freedom amid the modern recession and strict government oversight. However, unlike the mysteries related to the origin of BTC, the development of the Bitcoin logo is well documented in the depths of the Internet.
When BTC was introduced 13 years ago by its creator Satoshi Nakamoto, the first iteration of the Bitcoin logo depicted a gold coin with “BC” text embedded in the centeras it’s shown in the following.
Nevertheless, On February 24, 2010, Nakamoto introduced a new Bitcoin logo, replacing the text “BC” with “₿” embedded in the gold coin.
![Who designed the Bitcoin logo? Who designed the Bitcoin logo?](https://s3.cointelegraph.com/uploads/2022-06/72e2c057-b2b0-4d92-b4cf-2adbea0d851c.png)
Based on community feedback, Satoshi made changes to the new logo and released the copyright-free images into the public domain.. The logo became accepted as the official Bitcoin logo for a short period of time.
![Who designed the Bitcoin logo? Who designed the Bitcoin logo?](https://s3.cointelegraph.com/uploads/2022-06/8275c0f7-0d00-4cc2-881c-167aaf551e78.png)
The decentralized nature of the Bitcoin ecosystem allows the general public to contribute to the Bitcoin network in a variety of ways based on community consensus, including logo design. On November 1, 2010, a member of the Bitcoin community, bitboy, posted a new iteration of the Bitcoin logo based on Satoshi’s design.. However, this time the designer opted for .
![Who designed the Bitcoin logo? Who designed the Bitcoin logo?](https://s3.cointelegraph.com/uploads/2022-06/a887f1ef-f200-4049-873c-e5b5cb1bf199.png)
As a result of overwhelming community support, the bitboy design has remained the official Bitcoin logo for the last 12 years. After publishing the final version of the Bitcoin logo, bitboy stated that:
“Now everyone can use the graphics freely even for commercial purposes with this license and without any restrictions.”
Enthusiasts keep posting new logos for Bitcoin to this day, but the BTC community has yet to come up with a symbol that comes close to the beloved orange ₿.
Bitcoin ATM installation saw strong recovery in Juneafter having witnessed a steady decline throughout 2022.
![Who designed the Bitcoin logo? Who designed the Bitcoin logo?](https://s3.cointelegraph.com/uploads/2022-06/b7fe305a-2f91-4e0c-b19c-c342fd1ef441.png)
The chart above shows that the May 2022 drop reached a range last seen in 2019. In the last two years, in 2020 and 2021, the installation of Bitcoin ATMs grew steadily due to friendlier regulatory environments amidst a rewarding market when numerous cryptocurrencies momentarily hit their all-time highs.
Clarification: The information and/or opinions expressed in this article do not necessarily represent the views or editorial line of Cointelegraph. The information set forth herein should not be taken as financial advice or investment recommendation. All investment and commercial movement involve risks and it is the responsibility of each person to do their due research before making an investment decision.
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