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Who is 'we,' and why is there an arms race over cryptographic network technologies? Nakamoto expects the reader to know the context. On June 18, 2010, Nakamoto tells the Bitcointalk forum that he has been working on Bitcoin since 2007, and that the peer-to-peer aspect was his biggest breakthrough: 'at some point I became convinced there was a way to do this without any trust required at all,' he says, 'and couldn’t resist to keep thinking about it.'