Abstract
The reasons for creating Bitcoin are only speculation because the actual person or persons which created the concept is unknown. Speculation surrounds the fact that Bitcoin emerged during the 2008 financial crisis and the original block of Bitcoin contained an embedded text referencing bank bailouts. No single person, company, or group can speak on behalf of the entire Bitcoin network.
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B. Champ, 2008. Stamp Scrip: Money People Paid to Use, Economic Commentary, Federal Reserve Bank of Cleveland. [online] Available at: http://www.clevelandfed.org/research/commentary/2008/0408.cfm (accessed: December 14, 2013).
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© 2014 P. Carl Mullan
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Mullan, P.C. (2014). Early Bitcoin. In: The Digital Currency Challenge: Shaping Online Payment Systems through US Financial Regulations. Palgrave Pivot, New York. https://doi.org/10.1057/9781137382559_14
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DOI: https://doi.org/10.1057/9781137382559_14
Publisher Name: Palgrave Pivot, New York
Print ISBN: 978-1-349-48002-9
Online ISBN: 978-1-137-38255-9
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