What is bitcoin? # Part_ One (1)
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On September 15; In 2007, the famous Investment Bank Leman Brothers announced the biggest loss in US history. Leman Brothers, founded in 1850; The failure was followed by an over-the-counter lending. The company was in serious danger of borrowing interest, including loans that have not been able to repay the total price. When homeowners stop repaying their loans; The company was unable to repay the debt and could not recover. Suddenly, the banks lost their faith in Leman Brothers and their faith. During this time, it was difficult for various businesses to repay their loans. Companies in many industries did not seem to be able to continue their work without any money to store products, buy new equipment, or pay workers' salaries. They were bound to fall into the abyss. The US Treasury and the Federal Reserve have taken immediate action to keep the financial system in full swing by lending banks to prevent economic downturn. September 23; 2001 The U.S. Council of Nations has been able to rescue many banks in trouble in the 2001 Economic Stabilization Regulation. The government has spent hundreds of billions of dollars on financial sector.

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