Who is Satoshi Nakamoto and why was Bitcoin created?

Swipelux
1 min readAug 23, 2021

Do you remember the global economic crisis that began more than a decade ago? Yes, in 2008, a funding crisis affecting everyone, including America’s superpower, was booming. The effects of such a large economic disaster were dormant and the coins were losing value faster and faster.

In 2009, the so-called Satoshi Nakamoto a person whose identity is still secret, created the first cryptocurrency, Bitcoin. What was the intention behind it? To create a new way of payment that could be used internationally, decentralised, and without having any financial institution behind it.

And I think that these numbers can answer questions if his plan worked:

-Market Cap: $2,155,977,008,114

-100$ in 2009 → Today = 48$ million. (if they were invested in Bitcoin)

Yeah, 2.155 Billion Market cap is quite large, but still only 90% of Apple inc. valuation.

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Bitcoin is Cash with Wings. #Bitcoin

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Swipelux

Swipelux is a payment gateway widget, that enables the end-user to buy crypto using their credit/debit card.