Who is Satoshi Nakamoto?

Satoshi Nakamoto set in motion the unraveling of the nation state and the end of central banking … two closely related institutions that have directed history since history has been recorded. The creator of bitcoin is one of the greatest disruptors in modern history, and this is reason enough not to want an identity attached to the source code.

So who is Satoshi Nakamoto? Information on their identity remains unknown. Bitcoin has since evolved without their input, put forth for anyone willing to experiment with the technology. Satoshi’s last call was to deemphasize his unknown identity.

When Satoshi had the basic foundation of the bitcoin client built, he transitioned the responsibilities to a group of early enthusiasts and withdrew back into the shadowy depths of anonymity. Nothing tangible has been heard since, although they’re widely regarded to still be alive and keeping a pulse on bitcoin developments.

Read more: http://diginomics.com/who-is-satoshi-nakamoto/

Cypherpunks, Bitcoin & the Myth of Satoshi Nakamoto

As a movement, Cypherpunk is more nuanced, more serious and more focused than Cyberpunk. Like all good punk movements, Cypherpunk is radical by design and fanatical in its end goal of disrupting the status-quo. If we couldn’t see Cypherpunk clearly before it was because books like Cryptonomicon were not as accessible as the pulpy and instantly attractive Neuromancer. Cypherpunk is concerned solely with hidden meaning, secrets and power that can be wielded out of sight from governments and spooks. It is embodied by discrete arrays of public/private key pairs. It is a science that values discretion and privacy above all else, and as such it champions our most closely held secrets and beliefs.

Hal Finney on Bitcoin: In His Own Words

Hal Finney was arguably one of the earliest bitcoin pioneers, having been the second person to receive a bitcoin transaction after Satoshi Nakamoto himself.

Yet beyond his role in the history of digital currency, Finney was also a cryptographic master, a veteran of bitcoin mining and a voice – sometimes prophetic – within the community at large. By perusing Finney’s post history on the Bitcoin Talk forum, one can see that he foresaw the promise of bitcoin and its meteoric rise at the end of 2013 while the technology was still in its infancy.

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Published on August 29, 2014 by Stan Higgins via CoinDesk


How an up and coming investor turned into the king of funding Bitcoin startups

In 2012 there was a tiny Bitcoin company fighting to stay alive and build traction. The price of Bitcoin was still under $10, barely any venture capital had been put into the market, and the world had no idea that this magic decentralized currency was about to take over.

This is when Adam Draper, a fourth generation venture capitalist with some monster shoes to fill, was pitched by the founder of this Bitcoin startup called “Coinbase”. He had only recently started investing in companies, he had no investment focus, and he knew absolutely nothing about Bitcoin.

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Published by 2014 via ZapChain

Bitcoin White Paper by Satoshi Nakamoto

A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution. Digital signatures provide part of the solution, but the main
benefits are lost if a trusted third party is still required to prevent double-spending.
We propose a solution to the double-spending problem using a peer-to-peer network.
The network timestamps transactions by hashing them into an ongoing chain of
hash-based proof-of-work, forming a record that cannot be changed without redoing
the proof-of-work. The longest chain not only serves as proof of the sequence of
events witnessed, but proof that it came from the largest pool of CPU power. As
long as a majority of CPU power is controlled by nodes that are not cooperating to
attack the network, they’ll generate the longest chain and outpace attackers. The
network itself requires minimal structure. Messages are broadcast on a best effort
basis, and nodes can leave and rejoin the network at will, accepting the longest
proof-of-work chain as proof of what happened while they were gone.

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What Gave Bitcoin Its Value?

Many people who have never used bitcoin look at it with confusion. Why does this magic Internet money have any value at all? It’s just some computer thing that someone made up.

Consider the criticism of goldbugs, who have, for decades, pushed the idea that sound money must be backed by something real, hard, and independently valuable.

Bitcoin doesn’t qualify, right?

Maybe it does. Let’s take a closer look.

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Published on AUGUST 27, 2014 by JEFFREY A. TUCKER via fee.org

The Bitcoin Phenomenon

This Bitcoin documentary looks at the history, the ideologies, and the conflict between the politics of the early-adopters and the VCs/entrepreneurs pushing to take Bitcoin mainstream.

SQ1.tv interviewed many of the leaders in the Bitcoin movement including Gavin Andresen, the former lead developer; Jeremy Liew, a venture capitalist; Erik Voorhees, one of the notable libertarians in the movement; Fred Ehrsam, co-founder of Coinbase; Peter Vessenes, head of the Bitcoin Foundation.

Published on Apr 12, 2014 by SQ1.tv via YouTube

Getting to a Billion Bitcoin Users

How do we bring Bitcoin to the masses? And why should the masses care? Xapo Founder and CEO Wences Casares will take us through the history of “money,” back 100,000 years to when humans first lent and bartered. Through this historical lens, Wences will challenge preconceived myths of what constitutes a currency and will lay out the qualities and functions of sound money.

Published on Jun 23, 2014 by Bitcoin Foundation via YouTube

Rise of the Zombie Bitcoins

Published on June 22nd, 2014 by John W. Ratcliff via Let’sTalkBitcoin

The bitcoin blockchain is a seductive dataset to mine.  Every single transaction ever performed since its inception on January 3, 2009 is publicly available.  You can actually download a copy of it to your own computer if you have 20 gigabytes of disk space to spare.  In addition, there are several ways to search the blockchain online using sites like BlockChain.info and BlockExplorer.

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Bitcoin vs. Political Power: The Cryptocurrency Revolution – Stefan Molyneux

Historically, politicians have always fought for the power to create money out of thin air, so they can increase their spending without having to directly increase taxes. The staggering growth of political power throughout the twentieth century — the century of war — was largely made possible by replacing money limited by gold with paper currencies, which can be printed at will by government-controlled banks.

Published on Apr 25, 2014 by Stefan Molyneux via YouTube

Bitcoin2014 – History of Money & Lessons for Digital Currencies Today

Bitcoin 2014’s The Digital Economy’s Panel: History of Money & Lessons for Digital Currencies Today took place on Saturday, May 17, 2014
With: Ludwig Siegele, Simon Lelieveldt, Erik Voorhees, Konrad Graf, Tuur Demeester

Published on Aug 10, 2014 by Bitcoin Foundation via YouTube