The Birth of Bitcoin
In October 2008, Satoshi Nakamoto published a groundbreaking paper titled “Bitcoin: A Peer-to-Peer Electronic Cash System.” This document outlined a decentralized financial system that eliminates the need for intermediaries like banks.
The timing was critical—released shortly after the global financial crisis, Bitcoin proposed an alternative to centralized financial control. The system relies on cryptography, distributed networks, and consensus mechanisms to validate transactions securely.
