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Satoshi Nakamoto initially invented Bitcoin in 2009 as a substitute for conventional monetary methods; like most of us, he1 had seen firsthand the disastrous influence corrupt centralized establishments can have on the world by way of the 2008 monetary disaster. Nakamoto acknowledged the necessity for a greater system, one that would separate itself from centralized powers and be the spine of a very free financial system. He additionally understood that such a digital system ought to depend on nobody, not even the creator/founder, to maintain operating.

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