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The Times 03/Jan/2009 Chancellor on brink of second bailout for banks Whoever Satoshi is, he's probably not a Keynesian.
by namelost 9y ago
The Times 03/Jan/2009 Chancellor on brink of second bailout for banks
Whoever Satoshi is, he's probably not a Keynesian.
- brazzy 9y agoAh, that leads me to the https://en.bitcoin.it/wiki/Genesis_block https://en.bitcoin.it/wiki/Genesis_block which can certainly be interpreted as indication of political intent from Satoshi. Are there any others?
- CryptoPunk 9y agoyes: http://p2pfoundation.ning.com/m/discussion?id=2003008%3ATopic%3A9402 http://p2pfoundation.ning.com/m/discussion?id=2003008%3ATopi... >>The root problem with conventional currency is all the trust that's required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. 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. We have to trust them with our privacy, trust them not to let identity thieves drain our accounts. Their massive overhead costs make micropayments impossible. https://www.mail-archive.com/cryptography@metzdowd.com/msg09971.html https://www.mail-archive.com/cryptography@metzdowd.com/msg09... >>Yes, but we can win a major battle in the arms race and gain a new territory of freedom for several years. >>Governments are good at cutting off the heads of a centrally controlled networks like Napster, but pure P2P networks like Gnutella and Tor seem to be holding their own.