Its called a block chain because its is a stack of digital blocks of data. Say for example you had a stack of 10 legos in various colors. You could not change the middle blocks color without dismantling the entire thing and rebuilding from the new block up.
Bitcoin is currently on approximately block 250,000.
Now for the point of this post.
Here is a link to "the genesis block" which was the first bitcoin block ever discovered
link
If you look near the bottom in the code labelled "coinbase" you see this.
The Times 03/Jan/2009 Chancellor on brink of second bailout for banks
That string of text will be there forever. It was coded into that block by the anonymous bitcoin designer "Satoshi Yakamoto"
Satoshi was so fed up with the current banking system that he decided to code his own. He did a good job. Bitcoin is lightyears ahead of the current banking system in terms of technology.
Here are some other news headlines you may remember. How did these change the world?
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