FREE money
FREE speech
FREE thinking
One equation that changed the world for ever.
Satoshi Nakamoto did 4 critical things to ensure the immaculate conception of #Bitcoin.
1. He did not award himself or any insider any pre mined tokens.
2. He published a headline from a newspaper of the previous day in the genesis block to prove that there were no secretly pre mined blocks.
3. He didn't spend a single #Bitcoin of the $1 Million #Bitcoin that accrued to his public address.
4. When he realised he might have the spotlight as the lead #Bitcoin developer, thereby potentially creating the perception of overarching influence, he simply, left.
No event, no drama. No horse and pony show or signalling of virtue. He just removed his name from the website, handed #Bitcoin over to the other developers, and left, never to resurface (in any meaningful way).
I have spent thousands of hours studying #Bitcoin, and Satoshi's selflessness and clairvoyance continue to astonish me. What he did is simply inconceivable and unimaginable.
I get emotional even thinking about it.
Satoshi. The man. The myth. The legend.
No words to explain
TODAY: 1 #Bitcoin is mined every 192 seconds.
The last #Bitcoin will take 35 years to mine.
Few
Self-custody money = #bitcoin
Self-custody speech = #nostr
For the first time ever in the human history we have a digital information that is scarce. You have to lose it in order to pass it.
We call it #Bitcoin
My life ever since i met #Bitcoin.
What bitcoin does is that it essentially say the money and the speech are the same thing. Eg a Swiss bank account, if you know the number and the password to the that it is as good a money. You can cross borders with it. So anyone obviously can’t stop you from crossing the border with money you have in a bank account somewhere remotely. Think of bitcoin as a bank account in the cloud and it completely decentralized. Not the Swiss not the American or Chinese government. Its all the participants in the network enforce it and so the ledger, the disturbed database, its called time-chain, it is held in the cloud by all the parties involved. It can’t be broken by any of them. Its cryptographically too strong you would have to compromise the entire network to take over bitcoin. Not even NSA can do it and the value of the bitcoin is a bounty. So if value of the all bitcoin today is 1 trillion dollars, its the 1 trillion dollar bounty and any hacker who can go break back that can collect a lot of that money but they can’t. So it shows you how strong it is. Even the NSA couldn’t break the time-chain today.
15 years ago a revolution was born, not in the streets but in the silent depts of digital world. A define spark, a whisper of change in the aftermath of the devastating financial crisis. They call it #BITCOIN.