How ECB failed the Eurozone Central Banks and their monetary policy were among the main fundamental reasons for Bitcoin creation. A small group of high officials with almost unlimited money creation power following political mood swings is a good recipe for disaster. Satoshi Nakamoto has well spotted the issue, but little did they know that the problem of “Chancellor on Brink of Second Bailout for Banks” – the title from The Times embedded in the very first Bitcoin block – would be dwarfed by the enormous mess the Central Banks have gotten themselves into in since 2020.