Post
Topic
Board Economics
Re: Was Satoshi someone who lost everything in 2008 Market Crash?
by
Gozie51
on 11/05/2019, 12:39:37 UTC
Another fact that Bitcoin was created right after one year in 2009. So do you think there is some chance that satoshi was someone who lost his everything in 2008 crash, his job, his assets and his house.

I'm not of the thinking that bitcoin was created as a result of poverty or hardship, nope. Bitcoin must have been an after thought of replacement of some certain existing system and structure, be it payment system, gold, slow fiat transaction system, mode of asset accumulation and affluent.

It wasn't an impromptu creation, of course from its technology we could confirm that. It is a well codified structure that couldn't have lasted from 2008 to 2009 that bitcoin was created. It is far beyond the 2008 crash but must have been a coincidence of 2009. One year after the crash.