question 10 of 10\nwhich of the following is a reason why satoshi nakamoto created bitcoin after the…

question 10 of 10\nwhich of the following is a reason why satoshi nakamoto created bitcoin after the financial crisis of 2008?\nto avoid taxes and inflation\nto avoid dealing with traditional financial institutions\nto quickly withdraw currency from financial institutions\nto make payments to friends by only using a phone

question 10 of 10\nwhich of the following is a reason why satoshi nakamoto created bitcoin after the financial crisis of 2008?\nto avoid taxes and inflation\nto avoid dealing with traditional financial institutions\nto quickly withdraw currency from financial institutions\nto make payments to friends by only using a phone

Answer

Brief Explanations:

The 2008 financial - crisis led to a loss of trust in traditional financial institutions. Bitcoin was designed as a decentralized digital currency, allowing users to transact without relying on traditional banks and financial intermediaries.

Answer:

To avoid dealing with traditional financial institutions