Why did bitcoin grow in the Cypherpunk era?
In the dawn of the Cypherpunk era, the digital underground was abuzz with the potential of decentralized, anonymous transactions. Could you elaborate on why Bitcoin specifically emerged as a leading force during this period? What factors contributed to its growth and popularity amongst this tech-savvy, privacy-minded community? Was it simply the novelty of the blockchain technology, or was there a deeper need for a truly secure and anonymous digital currency that Bitcoin addressed? Understanding the motivation behind Bitcoin's rise in the Cypherpunk community is crucial to grasping its significance in the evolution of cryptocurrencies.