Lawyers representing the Australian nChain chief scientist have demanded that Bitcoin.org and BitcoinCore.org take down their copies of Satoshi Nakamoto’s Bitcoin whitepaper—claiming that this amounts to copyright infringement. But in a blistering blog post, Bitcoin.org said it was having none of it—and declared that it was refusing to unpublish the whitepaper because “these claims are without merit.”
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Bitcoin democratized finance once, but it can’t grow like that again
Cryptocurrency prices will rebound once the panic subsides, but they will never do what Bitcoin did at the bottom of the Great Recession in 2009
Looking back on the 10th anniversary of the “Great Recession” New York Magazine put it this way: “The older folks hoovered up gold, which basically doubled in value in the four years after the crash. Younger folks dove into cryptocurrency.”
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Happy 10th Birthday, Bitcoin.org!
The site was officially registered a decade ago this past week
The Great Recession took $70,000 from you. We now are coming up on the 10 year anniversary of the very bad day of September 15, 2008, when Lehman Brothers fell off a cliff and took the world’s economy down with it. But in the midst of this chaos, one intrepid tech-believer registered the domain bitcoin.org on August 18, 2008. Without the Great Recession, we still might have something called Bitcoin. However, what we did with it and how an entire half-billion dollar industry grew from that would mostly like have been entirely different. The earliest days of Bitcoin dictated our present moment. It’s worth it to revisit some of…
