Bitcoin is the Sewer Rat of Currencies

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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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