At the peak of the 2008 financial crisis, people’s trust in banks and monetary authorities was beginning to deteriorate. Those in charge of keeping our money safe and secure seemed to be abusing their power in the eyes of many. At this time, technology was already radically changing the way people communicated with each other, so a group of revolutionary minds turned their attention towards money. Our current method of transacting had revealed itself as archaic and broken.
Clearly, there was room for improvement. What if a digital currency was created which no longer relied on central authorities for security and scarcity? As an answer to this question, one of the most promising technological campaigns of the 21st century was born, and it was named, Bitcoin.