The news headline, "Chancellor on brink of second bailout for banks" was embedded into the genesis block of the Bitcoin Network. It does not matter who specifically added that, nor does it even matter that it was included at all. It could have just been a way to timestamp and prove the date the network was created. It is tempting to speculate though. The political statement is hard to miss. Banks being bailed out a second time, after the global financial crisis, could not be more direct. Its inclusion in the first block of Bitcoin transactions provides a reminder of what this system gives to its users — a way to challenge the status quo of central banking. Bitcoin is a way to opt out of the traditional legacy system that benefits the few in power of the monetary supply.
Bitcoin Is A Hedge Against Your Government
Bitcoin Is A Hedge Against Your Government
Bitcoin Is A Hedge Against Your Government
The news headline, "Chancellor on brink of second bailout for banks" was embedded into the genesis block of the Bitcoin Network. It does not matter who specifically added that, nor does it even matter that it was included at all. It could have just been a way to timestamp and prove the date the network was created. It is tempting to speculate though. The political statement is hard to miss. Banks being bailed out a second time, after the global financial crisis, could not be more direct. Its inclusion in the first block of Bitcoin transactions provides a reminder of what this system gives to its users — a way to challenge the status quo of central banking. Bitcoin is a way to opt out of the traditional legacy system that benefits the few in power of the monetary supply.