08/02/2021: Tesla's Bitcoin Investment
Tesla announced a $1.5 billion investment in Bitcoin and plans to accept it as a form of payment for its products.
01/01/2021: End of Monetary Dualism
The Cuban government completed the currency unification process, eliminating the convertible peso (CUC) and establishing a single currency system with the Cuban peso (CUP).
11/05/2020: Third Bitcoin Halving
The block reward for miners was reduced from 12.5 BTC to 6.25 BTC, reducing the rate of new Bitcoin creation.
17/12/2017: Bitcoin Price Peak
Bitcoin reached its all-time high price of nearly $20,000 per BTC during a speculative market frenzy.
01/08/2017: Bitcoin Cash Fork
Bitcoin underwent a hard fork leading to the creation of a new cryptocurrency called Bitcoin Cash (BCH).
20/12/2013: Currency Unification Implementation
The Cuban government officially started the process of currency unification, gradually phasing out the convertible peso (CUC) and improving monetary policy.
28/11/2013: All-Time High (ATH) Price
Bitcoin reached its first significant price milestone by surpassing $1,000 per BTC for the first time.
25/10/2011: Currency Unification Announced
The Cuban government announced plans to eliminate the dual currency system and unify the CUP and CUC.
22/05/2010: Bitcoin Pizza Day
Laszlo Hanyecz made the first recorded real-world transaction using Bitcoin, buying two pizzas for 10,000 BTC.
03/01/2009: Bitcoin Genesis Block
The first block of the Bitcoin blockchain, also known as the Genesis Block, was mined by Satoshi Nakamoto.
08/12/2004: Elimination of US Dollar Circulation
The Cuban government announced the withdrawal of the US dollar as legal tender and introduced the convertible peso (CUC) as a replacement.
07/12/1994: Dollarization Decree
Cubans were allowed to hold and transact in foreign currencies, primarily the US dollar, to counter the economic crisis.
01/08/1994: Special Period
The Cuban economy faced a severe crisis due to the collapse of the Soviet Union, leading to currency devaluation and economic reforms.
01/01/1961: Nationalization of Banks
The Cuban government nationalized all private and foreign-owned banks, including their currency holdings.