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Bitcoin turns 10 — how it went from an abstract idea to a $100 billion market in a decade

October 31, 2018


Ten years ago, as Lehman Brothers was declaring bankruptcy and the global economy was lurching into recession, the idea for an alternative currency was being quietly built online.

On October 31, 2008 bitcoin was born — and in the past ten years has evolved from an anti-establishment hobby among coders to a household name on Wall Street.

The first and most-famous digital currency sparked mania among retail investors last year and despite being founded to bypass them, has caught the attention of some of the world’s most powerful institutions.

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