THE BITCOIN REVOLUTION
2008 was a prominent year in the history of international finance. With the recession affecting millions of lives globally, attitudes towards banking institutions were becoming highly skeptical. It was evident that the responsibilities which came hand in hand with money management could easily be abused.
This led some prominent minds to develop a completely different medium of exchange where transactions could be verified publicly without requiring parties to surrender their personal information. No central authorities needed. This new technology was launched under the name of Bitcoin.