The first bitcoin block was mined 11 years ago today by Satoshi Nakamoto. So technically today is Bitcoins birthday. Although we still don't know Satoshi's identity, many believe that Satoshi Nakamoto is actually a group of cryptographers and cypher punks.

Based on the design of Bitcoin it clearly was created to compete against the central banking financial system. The next 11 years should be exciting, what monetary system is going to win? Will it be the Federal Reserve banking system, or will it be Bitcoin?

Only time will tell.



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