Why do we need $BTC bitcoins? The history of the first 'socialist' currency

'Socialist' currency

#Bitcoin is the most well-known 'artificial' electronic currency (also called cryptographic), the idea of which was refined in 2009 by Japanese programmer Satoshi Nakamoto (according to one version - a team of programmers under this pseudonym). Bitcoin is trying to form its own separate market in both the web and offline. There are other similar digital currencies - Litecoin and Dogecoin, but they are not as popular.

Bitcoin has become a kind of response to the actions of authorities seeking to regulate all financial transactions and tax any profits. Moreover, bitcoins are a timid attempt to unlink money from currency exchange rates, which in itself is a powerful protest against the politicization of financial markets. The technology of 'producing' bitcoins implies that their quantity is potentially limited, meaning inflation is nearly impossible - they cannot be printed additionally. The issuance is limited in time and volume, occurs in a decentralized manner and is practically arbitrary.