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Dossier
Set Bitcoin's first exchange rateEarly adoption
NewLibertyStandard
Gave Bitcoin its first price in dollars.
Known as NewLibertyStandardActive Oct 2009 →
Speculation, not fact — "NewLibertyStandard" is a pseudonym; the operator's identity is not publicly established.
Why they matter
He was the first person to attach a dollar figure to Bitcoin, the origin point for every price chart that followed — and his electricity-cost method tied Bitcoin's value to its production cost from the very start.
Profile
The pseudonymous operator who, on 5 October 2009, published the first BTC/USD exchange rate — 1 USD = 1,309.03 BTC — calculated from the cost of the electricity needed to mine a coin, and ran an informal exchange of the same name. He is also credited with promoting the change of Bitcoin's ticker from BC to BTC.