What problem is Bitcoin trying to solve for? | by Riz Pabani | Jan, 2022

Bitcoin was developed after the 2008 financial crisis in response to central bank bailout of reckless banking practices which saw the credit crisis.

The first Bitcoin block ever ‘mined’ (the genesis block) included a message in the raw hexadecimal:

“The Times 03/Jan/2009 Chancellor on brink of second bailout for banks”