The introduction of Bitcoin to the world sparked a revolution of finance and economics. Bitcoin set money’s value free from government constraint. Now the value could be determined solely by the market. Instead of depending on centralized third parties for every financial transaction, people could inexpensively exchange value around the world and in a completely decentralized manner.
Bitcoin ushered in the age of truly digital cash.
“By creating an open-source money, Satoshi Nakamoto, the inventor of Bitcoin, unlocked vast vistas for others to explore. Over the years many developers have taken up the challenge and built upon the foundation that is Bitcoin to solve many real-world problems. One such person is Evan Duffield.”
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