Card I-12: SATOSHI NAKAMOTO – The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust.

Series I · Card 12 of 21 · SATOSHI’S MAILBOX

The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust.

SATOSHI NAKAMOTO · P2P FOUNDATION · 11.02.2009

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Source

P2P Foundation forum, “Bitcoin open source implementation of P2P currency”, 11 February 2009

Open source · satoshi.nakamotoinstitute.org ↗

About the author

Pseudonymous creator of Bitcoin. Published the whitepaper “Bitcoin: A Peer-to-Peer Electronic Cash System” in 2008 and launched the network in 2009. Their identity remains unknown.

About the source

P2P Foundation: a network founded by Michel Bauwens in 2005, where Satoshi introduced Bitcoin in February 2009.

The question on the back

How often has your currency broken your trust?