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Did Satoshi "create" anything new for Bitcoin? Or did he simply tie existing things together in the perfect way?

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Posted by16 hours ago

Obviously SHA-256 already existed. Merkle trees too. Proof of Work as a concept was already a thing.

Did Satoshi have to "create" anything new for Bitcoin?

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Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. As such, it is more resistant to wild inflation and corrupt banks. With Bitcoin, you can be your own bank.

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