Post
Topic
Board Economics
Re: Was Satoshi someone who lost everything in 2008 Market Crash?
by
kaya11
on 11/05/2019, 19:32:03 UTC
Just came across this thought. We all know what happened after the housing debt bubble burst near 2008 which led to a global level depression in 2008 which really ruined lives of millions of people worldwide. It even raised some great question about fiat debt and it's working. Lots of people lost their jobs, houses and everything.

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.

He was so frustrated with it that his trust on the fiat financial system completely broke. He was sick of government, sick of corporate and sick of banks because of which he thought of creating real money thus creating bitcoin over blockchain and completing it in the very next year. So that people don't lose their money just because of debt bubble

We don't for sure, but it is possible for that to happen. The thing that makes it harder to be true is that the span of time is very short, only 1 year to complete Bitcoin is far beyond unbelievable. But who knows? The very truth that he created can also be assumed that it could happen with just a year. If that is the case then he is really a genius that was born in our generations like Einstein, Tesla etc.