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Why Was Bitcoin Created + blockchaincloudmining.com
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Why Was Bitcoin Created + blockchaincloudmining.com
Bitcoin was created in 2009 by an individual or group using the pseudonym Satoshi Nakamoto. The primary motivation behind its creation was to establish a decentralized digital currency that could operate independently of traditional banking systems and government control. This innovative technology introduced the concept of blockchain, a distributed ledger that ensures secure, transparent, and immutable transactions. By eliminating the need for intermediaries, Bitcoin aimed to reduce transaction fees and increase the speed and efficiency of financial transactions globally.
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