Formation of the Bitcoin Community (2011–2013) As discussions and interest grew, small but active Bitcoin communities and forums began to take shape in China, setting the stage for its market-driven expansion. The Birth of Exchanges: In 2011, BTC China (Bitcoin China) was established as the first Bitcoin trading platform in China. This marked Bitcoin’s transition from a niche tech interest to a broader investment and development audience. The increasing volatility in Bitcoin prices further spurr