Cryptocurrency has been a buzz word for more than a decade since the advent of Bitcoin BTC in October 2008 by an anonymous individual or group “Satoshi Nakamoto,” in a white paper introducing the concept of “peer-to-peer electronic cash system.”
A user named Teppy wrote on Slashdot in July 2010, “How’s this for a disruptive technology,” eagerly mentioned his thoughts on BTC as a peer-to-peer, network-based virtual currency with no central bank, no transaction fees without involvement of any government body. He explains the usage of proof-of-work concept, nodes burn CPU cycles that would eventually give people with “bitcoins.”
Crypto-King BTC was discussed in several arguments and criticisms. Chris DeRose, former co-host of the Bitcoin Uncensored podcast, shared his thoughts with the Financial Times in September 2021, stating that “the difficulty of the technology in those days filtered out the technical inept.”
“and this increased the ability to comprehend nuanc
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