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Bitcoins Whitepaper Released 10 Years Ago Today

Today marks the 10th anniversary of the release of the world’s first cryptocurrency whitepaper titled “Bitcoin: A Peer to Peer Electronic Cash System” written by an anonymous author named Satoshi Nakamoto.

Published after the global financial crisis of 2008, many see the timing as significant; rather than continue on course with the failing banking/government controlled monetary system, people now have the choice to store their value and transact in a network that does not require an intermediary, such as a bank, with a currency whose supply cannot be manipulated overnight by unelected actors, such as the dollar can by the Federal Reserve.

For a break down of the whitepaper and bitcoin, check out our article “Bitcoin: Back to the Basics.”