A culmination of decades of work from technologists led to the invention of bitcoin (BTC), according to New York University's economics professor David Yermack. He also noted that the 2008 financial crisis did not directly lead to the creation of bitcoin, as many tech developers were looking to create a peer-to-peer (P2P) electronic cash system for many years. However, a message in bitcoin's genesis block strongly suggests that the crypto was created in response to the failure of the traditional financial system. For Further Information Click on Below Button