$BTC

It was created in 2008 by a person or group of people (It is not clear) under the pseudonym of SATOSHI NAKAMOTO

The idea presented in a document titled

"Bitcoin: A Peer-to-Peer Electronic Cash System"

and described a decentralized digital money system based on a technology called #blockchain

On JANUARY 3, 2009, Nakamoto mined the block called GENESIS (Block 0) of BITCOIN with a reward of 50 BTC.

Interestingly, within that block, Nakamoto included a message quoting a headline from the newspaper "THE TIMES"

"The Times 03/JAN/2009 Chancellor on brink of second bailout for banks"

This message refers to the financial crisis of 2008

Which suggests that BITCOIN

Was created as an alternative to the Traditional Banking System