In 2008, a person using the pseudonym Satoshi Nakamoto first proposed the idea of Bitcoin in a research paper, describing it as an electronic cash system based on the peer-to-peer principle, which is a technical term that means direct interaction between users without intermediaries (like torrents). The creators of Bitcoin say that the goal of this currency, which was first traded in 2009, is to change the global economy in the same way that the web has changed publishing methods.

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