Hardest Money on Earth?
It’s been ten years since Bitcoin’s anonymous creator, Satoshi Nakamoto, released the nine-page whitepaper for Bitcoin that details how the cryptocurrency would operate and its role as a “peer-to-peer electronic cash system.”
In the months following the whitepaper’s release, the first mined blocks and transactions would take place on the Bitcoin blockchain in early 2009. Since that occasion, Bitcoin has flourished from an insignificant unit of “magical Internet money” used by gamers to a serious multibillion-dollar asset dubbed “digital gold” and triggering a wave of innovation in its wake.
Source: https://blockchain.info/block/000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26f
Satoshi added a message to the genesis block’s coinbase parameter, which was the headline of the British newspaper “The Times” on the day the first block was mined.
Whether or not you believe Bitcoin will become a globally adopted system, its emergence into the technology and financial sector has reminded and educated millions of people about what sound money and wealth represent in a time of economic distrust and uncertainty.
Transactional information on the Bitcoin network is mathematically backed using complex hashing algorithms and cannot be corrupted by centralized authorities. Giving the average person true financial independence, Bitcoin and other digital assets are making banks look obsolete and stagnant.
Find out what the next ten years holds for Bitcoin here https://www.crushthestreet.com/articles/digital-currencies/bitcoin-ten-years-into-the-financial-renaissance
