September 18, 2020

Who created Bitcoin?

Bitcoins are digital money which is becoming famous in this contemporary world and more and more people are now making use of this digital currency which is not regulated by any government. Since there is no ruling body interference there is no tax involved when you transact them with other persons. There are so many benefits that you can enjoy when you make use of this electronic money to make transactions and with these many merits, one question that may roll on the heads of almost all bitcoin users as well as other persons who know what is bitcoin is who has created this cryptocurrency.

Have you ever heard of the name Satoshi Nakamoto? As a bitcoin user, you may come across the term Satoshi which the smallest unit of bitcoins (A Satoshi is equal to 0.00000001 bitcoin) but you would have never known the word Nakamoto. Now you have got an idea that it is the name of the creator of bitcoins. Yes, you are partially right; Satoshi Nakamoto is the name which was used by a pseudonymous individual or many persons who developed this bitcoins. The developer created this concept of cryptocurrency in 2009 and he had not delivered anything about him and thus the creator of bitcoins is left unknown till now.

No matter whoever has created this digital money but he has done am extremely great job and these days the developing crew of this cryptocurrency has grown and numerous members have involved in this process today.

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