Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin truly losing its identity?
by
CryptoHeadlineNews
on 05/12/2024, 17:43:43 UTC
So at what point did bitcoin start losing its identity?
Weather Bitcoin been a currency or neither it been an asset, let's not forget that wasn't the only reason why it was created, because I'm sure we are all familiar with the story surrounding the emergence of Bitcoin, how it was invented in 2009, after the financial economic crisis of 2008, which affecting users dissatisfaction with traditional banking systems and centralized monetary policies. Hence, prompting Satoshi Nakamoto to create a decentralized peer-to-peer electronic cash system whereby users could execute transactions directly without the need of third parties, which is still applicable today, and as such, I can boldly say Bitcoin has not lost it's identity, despite the massive appreciation in value for the past 15years.