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Bitcoin isn't merely money and was never really meant as an investment. To its creators and followers, bitcoin has always been an ideological undertaking, more philosophy than finance.
The goal of bitcoin is to free repressed economies and to take down global banking.
Bitcoin started on Jan. 3, 2009, when a hacker or group of hackers - working under the name Satoshi Nakamoto - released an ingenious string of computer code that created a system allowing people to transfer money to one another online and directly, without revealing their identity and outside of government control.
In a 500-word essay, Nakamoto suggested that "the root problem with conventional currencies is all the trust that's required to make it work."
As bitcoin started to attract political parties, regulators, and speculative investors, bitcoin's narrative as a tool for change was replaced by bitcoin as a kind of crypto-credit card.
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