BTC: Will Facebook be Bitcoins Downfall?
The late noughties was a time of turmoil economically. People had disillusioned faith in the financial systems and general banks following the 2008 crisis. This was something that Nakamoto saw and decided to build a cryptocurrency, the first cryptocurrency. After banks in the United States, as well as the rest of the world, failed and billions of dollars were lost, taxpayers across the globe changed significantly.
For years now, Bitcoin has been seen as the ‘future of finance’, ‘future money’ or ‘Google money’ to the uneducated man, but how much of this is true?