WBTM on Nostr: #BitcoinHistory Before #Bitcoin, people were already dreaming of digital cash. In the ...
#BitcoinHistory
Before #Bitcoin, people were already dreaming of digital cash.
In the late 90s, "cypherpunks" began exploring ways to create money without needing banks or governments.
Concepts like #DigiCash and #Bmoney failed to gain traction, but the ideas stayed alive.
In 2004, #HalFinney created "Reusable Proof of Work" (#RPOW), a key stepping stone.
But it wasn’t until 2008, when #SatoshiNakamoto released the #BitcoinWhitepaper, that everything clicked.
He combined cryptography, decentralized networks, and a unique incentive structure to create a new kind of currency—#Bitcoin.
The rest is history.
Before #Bitcoin, people were already dreaming of digital cash.
In the late 90s, "cypherpunks" began exploring ways to create money without needing banks or governments.
Concepts like #DigiCash and #Bmoney failed to gain traction, but the ideas stayed alive.
In 2004, #HalFinney created "Reusable Proof of Work" (#RPOW), a key stepping stone.
But it wasn’t until 2008, when #SatoshiNakamoto released the #BitcoinWhitepaper, that everything clicked.
He combined cryptography, decentralized networks, and a unique incentive structure to create a new kind of currency—#Bitcoin.
The rest is history.