Here’s a mistake I made myself: I didn’t understand this from the start.
The Bitcoin genesis block included a headline from that day’s British newspaper, The Times, about the Chancellor of the Exchequer being on the verge of a second bailout for the banks.
Satoshi Nakamoto’s design combined proof of work, a chain of blocks, and economic incentives, allowing unfamiliar nodes to reach consensus on the same ledger.
$BTC is the currency in the system Satoshi designed.
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