Bitcoin and crypto debut in Guinness World Records

    19 Oct 2022

    Bitcoin has officially entered the Guinness World Records (GWS) for a number of entries, the first of which is being recognized as the “first decentralized cryptocurrency.” The latest edition has included a host of achievements from “Cryptomania,” such as the record CryptoPunk NFT sale and El Salvador becoming the first country to adopt BTC as a legal Tender.

    Bitcoin is officially included in the Guinness World Records. It now has multiple entries in the Guinness Book of World Records, including the most valuable and the first decentralized cryptocurrency.

    “The first decentralized cryptocurrency was Bitcoin, described in a white paper published online by “Satoshi Nakamoto” on August 18, 2008. A working implementation of the concept was completed by January 3, 2009, when Nakamoto mined the first block on the blockchain, and the open source client was released to the public on January 9, 2009,” the announcement on the website page reads.

    Notably, so many the world’s first places of Bitcoin are recognized by Guinness. For instance, the first commercial Bitcoin transaction where Laszlo Hanyecz paid 10,000 BTC to order $25 worth of pizza.

    Also, El Salvador received recognition for being the first nation-state to recognize Bitcoin as a legal tender. Further, Bitcoin was recognized as the most valuable cryptocurrency, as well as the oldest.

    Moreover, Guinness noted that the first non-fungible token (NFT) was created on Bitcoin contrary to the popular view. In addition, an entry was also made for the first Bitcoin economy on a Minecraft server, allowing mined resources to be traded for fractions of a Bitcoin.

    While some entries may have some definitions mixed up, it is still interesting to see some of the most notable achievements of the crypto sector being recognized by Guinness.

    Among others, OG NFT project CryptoPunks was noted as the most “expensive NFT collectible” after CryptoPunk #5822 was purchased for $23.7 million (8,000 ETH) on Feb. 12, 2022, by entrepreneur Deepak Thapliya.

    It is worth noting that Beeple’s record $69.3 million record NFT sale didn’t mention there, as the firm described an NFT collectible as “limited-edition sets of artwork built around pre-rendered templates.”

    Fan tokens also appeared as a category in the book. Manchester City’s token – launched via Socios in June 2021 – was recorded as the “most valuable fan token” with a market cap of $47.1 million as of March 24, 2022.

    Meanwhile, another Guinness World Record was fixed last week. The crypto exchange Binance revealed that it broke the world record for holding the largest lecture on cryptocurrencies to date, with 289 people in attendance at Blockchain Land Nuevo León on Oct. 7.

    Moreover, it seems that in each edition of Guinness World Records, they try to reflect the zeitgeist of that year and the topics that readers are likely to discuss. So, it can be inferred that cryptocurrencies will join space travel and TikTok as key topics.

    The intent of the Guinness Book of Records appears to be to follow the world of cryptocurrencies with interest in the coming years. While the technology behind them develops, a wider range of applications is found as a result.

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