The desire to dispense with the need to trust third-party actors is a mainstay with many cryptocurrency creators and users. Bitcoin (BTC), after all, was invented in the immediate aftermath of the 2008 financial crisis, and the abuse of authority by powerful actors and institutions continued to make itself felt throughout the Great Recession. Crypto has continued to draw in more and more enthusiasts against the backdrop of social, political and economic crisis.
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Source: Cryptocurrency - investing.com