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January 1, 2014· Palgrave Macmillan US eBooks
book-chapter

Early Bitcoin

Authors:P. Carl Mullan *

Abstract

The reasons for creating Bitcoin are only speculation because the actual person or persons which created the concept is unknown. Speculation surrounds the fact that Bitcoin emerged during the 2008 financial crisis and the original block of Bitcoin contained an embedded text referencing bank bailouts. No single person, company, or group can speak on behalf of the entire Bitcoin network.

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