Too Long; Didn't Read
Bitcoin was created in 2009 when Bank Of America completed its takeover of Merrill Lynch. The takeover was completed at the time the mortgage-driven crash was accelerating to its bottom. Bitcoin supporters are attracted to the “Austrian’s school of economic thought. This tends steeply towards individualism, laissez-faire governance and free trade. In their view, the less policy governance of an economy the better for freedom. The Austrians began writing and wrote most at a time when communism and socialism arose in the most menacing forms of socialism and Bolshevism.