You Think Bitcoin Was the First Cryptocurrency. You’re Wrong. | Why Bitcoin Survived (Part 5)
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About this listen
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In this final part of our five-episode series on the true origins of cryptocurrency, we step back and ask the most important question of all: why did Bitcoin survive when everything before it failed?
Digital cash existed before Bitcoin and disappeared. Gold-backed digital money scaled globally and collapsed. Decentralised ideas came painfully close but stalled when theory met real-world behaviour. Bitcoin succeeded because it removed every known point of failure — no company, no vault, no issuer, no permission, and no trust required.
This episode explains why Bitcoin’s resilience matters more than its price, why its lack of a centre is its greatest strength, and how a system designed to be slow, boring, and difficult to change became something institutions now have to react to rather than control.
If you’ve listened to all five parts, you now understand Bitcoin not as a trade or a headline, but as the outcome of decades of failed experiments and hard-earned lessons about money, power, and incentives.
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