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Early Bitcoin

In: The Digital Currency Challenge: Shaping Online Payment Systems through US Financial Regulations

Author

Listed:
  • P. Carl Mullan

    (PDX Currency Corporation)

Abstract

The reasons for creating Bitcoin are only speculation because the actual person or persons which created the concept is unknown. Speculation surrounds the fact that Bitcoin emerged during the 2008 financial crisis and the original block of Bitcoin contained an embedded text referencing bank bailouts. No single person, company, or group can speak on behalf of the entire Bitcoin network.

Suggested Citation

  • P. Carl Mullan, 2014. "Early Bitcoin," Palgrave Macmillan Books, in: The Digital Currency Challenge: Shaping Online Payment Systems through US Financial Regulations, chapter 13, pages 93-96, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-38255-9_14
    DOI: 10.1057/9781137382559_14
    as

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