RATE Group | Bitcoin’s bumpy revolution may be only just beginning
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Bitcoin’s bumpy revolution may be only just beginning

Bitcoin’s bumpy revolution may be only just beginning

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Bitcoin was born out of despair. Hidden among the lines of code in the first ever batch of the cryptocurrency was a headline from the frontpage of that day’s edition of The Times: “Chancellor on brink of second bailout for banks”.

It was 3 January, 2009, and the world was in the midst of the worst financial crisis since the Great Depression. Banks were collapsing, businesses were foreclosing and people were losing their homes.

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