Tag: money

A Bitcoin Retrospective

The Bitcoin network went live ten years ago today.  In those very early days of Bitcoin, the nascent cryptocurrency was little more than a novelty.  I don’t recall exactly when I learned of Bitcoin, but it was probably a couple years later.  By that time, it was regarded as “magic Internet money,” a novelty that…


Bitcoin and Financial Censorship

On October 31, 2008, a user going by the name Satoshi Nakamoto sent a message to The Cryptography Mailing List about his new project, a fully peer-to-peer electronic cash system which he called Bitcoin.  Though released to little fanfare, his white paper detailed a revolutionary system of distributed consensus. To the average Internet user, Satoshi’s…