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Crypto & Bitcoin

Bitcoin White Paper 18th Anniversary Highlights Concerns Over Fiat Money

Reported by Bitcoinist

Image: Bitcoinist

TLDR; Bitcoin’s 18th anniversary has renewed debate over the financial system Satoshi Nakamoto sought to challenge, with small businesses continuing to face the consequences of inflation, rising costs, and repeated financial bailouts. The Bitcoin white paper turns 18 on October 31, marking another milestone for the cryptocurrency originally introduced as an alternative to the traditional financial system. Published by Satoshi Nakamoto in 2008, the document outlined a peer-to-peer electronic cash system that could operate without relying on financial institutions or centralized intermediaries.

This is an excerpt. The reporting belongs to Bitcoinist.

Read the full report on bitcoinist.com
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