![]() Bitcoins global expansion has meant Nakamoto is now estimated to be worth $700m Nakamoto published a white paper titled “Bitcoin: A Peer-Peer Electronic Cash System” on The Cryptography Mailing list at in October 2008 which detailed a revolutionary cash system that enabled online payments to be made directly, without the need for a middle man. ![]() It is the technology underpinning these currencies that looks set to revolutionise the way we make transactions.īitcoin was first conceptualised by an unknown person(s) under the pseudonym Satoshi Nakamoto. Digital cryptocurrencies have become increasingly popular in recent years but, yet, haven’t replaced its more traditional counterparts in the world of finance.
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