Bitcoin is the Sewer Rat of Currencies

When computer scientist Andreas Antonopoulos first heard about bitcoin in 2011 he dismissed it as “nerd money.” Six months later he happened on bitcoin creator Satoshi Nakamoto’s now-legendary white paper from November 2008. This nine-page, innocent-looking document was a blueprint for replacing large swaths of the financial services industry with a globally-distributed encryption-based transaction network that wasn’t owned by anyone.

Nakamoto’s white paper blew Antonopoulos’ mind. “This isn’t money,” he realized, “it’s a decentralized trust network,” with applications extending far beyond digital currency.

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