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14th anniversary of Bitcoin’s white paper release

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by COINS NEWS 83 Views

October 31st marks the 14th anniversary of bitcoin’s white paper release. A user by the name Satoshi Nakamoto released the white paper in an email via hyperlink (which still can be accessed today).

Regardless of what currencies we are all invested in, bitcoin in some way or another brought us all here.

The white paper proposed a system that would replace central authorities like financial institutions or banks to facilitate financial transactions:

(Quoting the white paper) “What is needed is an electronic payment system based on cryptographic proof instead of trust, allowing any two willing parties to transact directly with each other without the need for a trusted third-party.”

Bitcoin brought along with it many different types of individuals. The motives of those individuals seem to be one of three: those seeking new technological development, those seeking wealth, or those seeking dethronement of the current financial system (feel free to comment if you have another motive, I very well may have forgotten some). What really intrigues me is whenever I meet people at conventions or wherever who know about crypto, we instantly have a sense of camaraderie! And we all come from very different backgrounds.

I just want to celebrate this momentous day because bitcoin’s influence is being felt across the globe!

Here’s to another 14 years of growth for crypto!

Disclaimer: I am not a Bitcoin maxi, I just love history and this is one of the most historic occasions in crypto, regardless of what bags you’re holding.

submitted by /u/Fresh-Chemical-9084
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