Bitcoin was launched in 2009, but a person or group of individuals named Satoshi Nakamoto. This was the time after the global economic meltdown of 2008, and many people felt the need for a financial system that did not depend on Big Banks.
Bitcoin was launched with the promise that it would topple the currently prevalent, centralized global financial system in time. However, since it has a limited supply of coins and the source code can’t be changed, it’s also considered a hedge…
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