§23 #AES #Bitcoin 1971 AUG 15: U.S. Defaults and the U.S. Dollar Transforms into Fiat Currency. Debt obligations issued by the U.S. Department of the Treasury (bonds, notes, and Treasury bills) are considered risk-free because the U.S. government backs them…with more money printing.

§22 #AES #Bitcoin It is important to note John Nash was once diagnosed with paranoid schizophrenia. Satoshi, likewise, exhibited this kind of paranoia. In addition, John Nash was also a noted expert in some of the elements comprising Bitcoin. The John Nash equilibrium, cryptography, and other elements. John Nash deserves credit as the creator of Bitcoin. It’s time to remake the movie A Beautiful Mind.

§22 #AES #Bitcoin It is important to note John Nash was once diagnosed with paranoid schizophrenia. Satoshi, likewise, exhibited this kind of paranoia. In addition, John Nash was also a noted expert in some of the elements comprising Bitcoin. The John Nash equilibrium, cryptography, and other elements. John Nash deserves credit as the creator of Bitcoin. It’s time to remake the movie A Beautiful Mind.

§21 It is important to note John Nash was once diagnosed with paranoid schizophrenia. Satoshi, likewise, exhibited this kind of paranoia. In addition, John Nash was also a noted expert in some of the elements comprising Bitcoin. The John Nash equilibrium, cryptography, and other elements. John Nash deserves credit as the creator of Bitcoin. It’s time to remake the movie A Beautiful Mind.

§20 It is important to note John Nash was once diagnosed with paranoid schizophrenia. Satoshi, likewise, exhibited this kind of paranoia. In addition, John Nash was also a noted expert in some of the elements comprising Bitcoin. The John Nash equilibrium, cryptography, and other elements. John Nash deserves credit as the creator of Bitcoin. It’s time to remake the movie A Beautiful Mind.

§21 2009 FEB 11: Satoshi Nakamoto Posted: Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve.

§20 WHY BITCOIN? At no time should a corporation or state own any part of the global financial system. 2023, Jack Dorsey

Enforcing the Howey Test would clean up the crypto problem. With fiat and crypto combined, we are living in the golden age of theft. §19 2023 FEB 23: Pretty Much Every Sort of Crypto Is a Security…Everything Other Than Bitcoin

Enforcing the Howey Test would clean up the crypto problem. With fiat and crypto combined, we are living in the golden age of theft. §19 2023 FEB 23: Pretty Much Every Sort of Crypto Is a Security…Everything Other Than Bitcoin

A lot of people automatically dismiss e-currency as a lost cause because of all the companies that failed since the 1990s. I hope it’s obvious it was only the centrally controlled nature of those systems that doomed them. 2009 FEB 15 Satoshi Nakamoto §18 #Apex #Bitcoin

Satoshi implemented Asymptotical Ideal Money with halvings, adjustable difficulty, and the John Nash equilibrium. John Nash described it in Ideal and Asymptotically Ideal Money, published in 2005. #AES #Bitcoin §17 2009 JAN 03: Genesis Block

> The receiver of a payment must wait an hour or so > before believing that it's valid. The network will > resolve any possible double-spend races by then. …. Satoshi Nakamoto #AES #Bitcoin §16 2008 NOV 13: The Network Will Resolve Any Possible Double-Spend

Satoshi Nakamoto’s white paper, Bitcoin: A Peer-to-Peer Electronic Cash System, describes “How” Bitcoin. The paper finds the solution to the double-spend problem on a peer-to-peer network. #AES #Bitcoin §15 2008 OCT 31: (Published on Halloween)

In his abstract, John Nash asks the poignant question, “How do rational expectations affect economic behavior when there is no standard value for the currency?” §14 2005 APR 26: John Nash Presents Ideal and Asymptotically Ideal Money

Imagine an immutable, single source of truth without any intermediaries. Over time, the top-heavy hierarchies will grow increasingly irrelevant, especially fiat central banks and the fiat oligarchy. #AES #Bitcoin §13 2002: Hashcash - Predecessor to Proof-of-Work

Dai describes B-money. Without a third party, all transactions must be publicly announced: “[S]enders and receivers are identified only by digital pseudonyms (public keys).” #AES #Bitcoin §12 1998: B-Money, Senders, and Receivers Identified by Pseudonyms (Public Keys)

Eric Hughes, helped inspire the cryptographic community, advocating widespread cryptography and privacy-enhancing technology in order to safeguard people’s rights and advance a more open and decentralized society. #AES #Bitcoin §11 1993 MARCH 9: A Cypherpunk's Manifesto

By changing the format from software to a book, Phil Karn and Phil Zimmerman established a precedent. Code is free speech. #AES #Bitcoin §10 1991: Phil Zimmermann Wrote and Published PGP

President Xi and Ray Dalio calling blockchain great is a calculated misdirection. Xi and Dalio are fiat maxis. Both benefit from the fiat Ponzi, riding the wave of artificially low interest rates. #AES #Bitcoin §9

In 1992, Stornetta, Haber, and Dave Bayer incorporated Merkle trees into their design, improving its efficiency by allowing document certificates to be collected into one block. #AES #Bitcoin §9 1991 January: Original Blockchain