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In 2008, a person (or possibly a group of persons since identity remains unknown) named Satoshi Nakamoto invented the cryptocurrency called Bitcoin (BTC). Bitcoin up to now remains a decentralized digital currency, meaning the trading is done peer-to-peer without the need of an intermediary such as banks.
In 2008, Satoshi Nakamoto published the whitepaper for Bitcoin. It unknowingly marked the birth of cryptocurrency. He envisioned a transaction system that didn’t have middlemen and large financial institutions. It led to the gathering of a small passionate community of developers who began developing the programming for Bitcoin.