Bitcoin, the world's first decentralized cryptocurrency, represents much more than just a form of digital money. It began as a bold experiment to challenge the traditional financial systems, offering a vision of a future where individuals could have direct control over their own finances, without relying on banks, governments, or intermediaries. Bitcoin's creation came at a time when global financial systems were showing cracks, following the 2008 financial crisis. Amidst this turmoil, Bitcoin's mysterious creator, known only as Satoshi Nakamoto, introduced a groundbreaking concept through a whitepaper titled Bitcoin: A Peer-to-Peer Electronic Cash System. Nakamoto's idea was simple yet profound: create a digital currency that could be transferred from person to person without the need for a central authority, using an innovative technology called blockchain. The concept sparked curiosity, leading…
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FHM Australia (Digital) - 1 Issue, January 2025