Published in
6 min readJun 13, 2018
Bitcoin started in 2009. An unknown person using the alias Satoshi Nakamoto wrote a whitepaper about his decentralized token. That has two meanings. First, Bitcoin doesn’t need a bank (Automated Clearing House [ACH]) to process transactions. Instead, processing happens across a lot of devices in a variety of places around the world. The other, Bitcoin is not an official currency of any country, thus has no central bank. It worked out for him, whoever.
