Satoshi Nakamoto (pseudonym) pitched Bitcoin to banks 2008 â” rejected by all: “Digital currency without government backing is scam.” Identity unknown, white paper published online. Banks: “Cryptocurrency can’t work, needs central authority.” Released Bitcoin software 2009 anyway. Banks laughed: “Worthless digital coins? Nobody will use fake money.” Early adopters started mining, trading. By 2013, Bitcoin worth $1,000. Banks panicked. Today: Bitcoin worth $40,000+, market cap $800+ billion. Every bank now explores blockchain. Banks that called it “scam” now invest billions. Mystery person rejected by banks created new financial system. From rejected idea to financial revolution.




Leave a Reply