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Bitcoin's Historical Origins: Economic Theory and Tech Innovation
This chapter explores the historical origins of Bitcoin, starting with two storylines. The first storyline focuses on the economic aspect, which begins with Hayek and his ideas about neutral money and the free market. The second storyline begins with the emergence of the hacker culture at MIT, which leads to the invention of public key cryptography and the cyberpunks' pursuit of creating digital cash. These two storylines eventually merge, providing a specific timeline for each storyline and highlighting the individuals who worked to fix the problems caused by fiat money and central banks.