#TradersLeague How Was Bitcoin Created?

Bitcoin's origin is rooted in the aftermath of the 2008 global financial crisis. An anonymous entity or group, known only as Satoshi Nakamoto, published a white paper titled "Bitcoin: A Peer-to-Peer Electronic Cash System" in October 2008. This paper outlined a decentralized digital currency free from government or financial institution control.

On January 3, 2009, the Bitcoin network officially launched with the mining of the genesis block. Nakamoto continued to be involved in the project, collaborating with other developers, until mid-2010 when they gradually withdrew, leaving the project to the community. Bitcoin's creation was a direct response to the perceived flaws of traditional finance, offering an alternative based on cryptographic proof and distributed consensus.