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RE: Bitcoin Genesis Block Was Mined 3th Jan 2009. Happy Birthday!

in #bitcoin6 years ago

Bitcoin was created in response to the collapse of the housing bubble, in particular, to how the US government just created money out of nothing in order to save the banks. Bitcoin is designed to irreversible for blunders like the housing crisis.

It would seem that Satoshi had a certain sense of irony about creating a transaction system that is non-refutable that is eventually embraced by the same financial community that gave rise to it.

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