The early history of bitcoin - Deepstash

The early history of bitcoin

Bitcoin started on Jan. 3, 2009, when a hacker or group of hackers - working under the name Satoshi Nakamoto - released an ingenious string of computer code that created a system allowing people to transfer money to one another online and directly, without revealing their identity and outside of government control.

In a 500-word essay, Nakamoto suggested that "the root problem with conventional currencies is all the trust that's required to make it work."

3

STASHED IN:

22

STASHED IN:

0 Comments

MORE IDEAS FROM The Bitcoin Ideology - The New York Times

As bitcoin started to attract political parties, regulators, and speculative investors, bitcoin's narrative as a tool for change was replaced by bitcoin as a kind of crypto-credit card.

  • Within the broader movement, bitcoin is seen as a tool with potentially transformative effects on retail payment and asset management.
  • It is also considered a get-rich-quick scheme with some financial privacy.
  • Some see bitcoin as the ultimate alternative to the global banking system.

5

STASHED IN:

22

Bitcoin is a movement

Bitcoin isn't merely money and was never really meant as an investment. To its creators and followers, bitcoin has always been an ideological undertaking, more philosophy than finance.

The goal of bitcoin is to free repressed economies and to take down global banking.

4

STASHED IN:

25

Deepstash helps you become inspired, wiser and productive, through bite-sized ideas from the best articles, books and videos out there.

GET THE APP:

RELATED IDEA

A Scientific Approach To Life

Our entire life is an experiment, where we are pursuing our goals and finding out what works and what does not.

A scientific, experimentative approach to life leads us to acquire what we want in life, to build good habits, improve our relationships and become a better version of ourselves.

4

STASHED IN:

243

Ashton Kutcher on  Hard Work
  • There is no substitute for hard work
  • The only substitute for working smart is working smarter
  • Maybes are usually procrastinated no’s.

6

STASHED IN:

200

The claims of the binaural beats industry

Many companies are making daring affirmations that binaural beats work like “digital drugs” to “biohack” your brain, that have the power to unlock your memory and creativity while keeping away stress, headaches and insomnia. An entire industry has sprung up around the concept.

But the evidence for binaural beats’ therapeutic powers is not at all conclusive. A lot of big claims have been made without adequate verification.

STASHED IN:

137