Most people got into big coin twenty seventeen and they only saw up up up up parabolic up and it was like it was like pennies from heaven it was like wonderful and then a lot of volatility hit over christmas so im assuming theres a lot of indigestion and fear and panic and self loathing and all sorts of stuff happening so were going to look at this article that jamison lup as we mentioned when we were hanging out with him for the big Queen Birthday Party last night and i want to talk about take a step back to understand where big queen came from and by understanding the genesis of the genesis bloc that happened on january third two thousand and nine understand where the future might be what might happen in nine years from now and the rise of the cipher punks this is an important term to understand in the cypherpunks because right now most of the tension for all the newbies involved in cryptocurrency is all about the corporate side everything and c. And b. C. Bloomberg what theyre focus
Hes predicting where the future will go and thats right also the white paper the toshi why papers is a big system for digital cash transmission and moving digital caster paraphrasing which is sets off most inquiries into this onto a bit of a skewed path because theyre looking at it in one use case the the replacement for painless use case which is to ignore the entire history of this entire movement and ignore Everything Else that this can possibly do cluing the obvious references to gold and much of the white paper gold comes from dervish and from a big golden disk all has been stored values always been a key to the Cell Phone Store a value means of exchange a Payment System or actually what the genesis the origin of this is about privacy i mean. Genesis is about privacy and the ability to protect it electronically and end up with where we are. Today the Cypherpunk Movement is to genesys movement to understand you one of those even. Going without first studying the cypherpunks thats w
You know bitcoin is often called gold two point zero zero its in fact the i. R. S. Does qualify it as a commodity as a property an asset like gold so you know these are this is the evolution and then hes predicting where the future will go and thats right also the white paper the suppose you a paper as is a big system for digital cash transmission and moving digital caster paraphrasing which is sets off most inquiries into this onto a bit of a skewed path because theyre looking at it in one use case the the replacement for painless use case which is to ignore the entire history of this entire movement and to ignore Everything Else that this can possibly do cluing the obvious references to gold and much of the white paper gold comes from dervish and from a big golden disk all has been stored values always been a key to the Cell Phone Store of value means of a. Exchange a Payment System or actually what the genesis the origin of this is about privacy i mean. Justice is about privacy and
All the garbage. That he goes into the two thousand as you mentioned gold and thats one of the ideas like all the ideas from our history of money from our history of privacy of being humans and evolving higher intellectual you know you know speaking freely amongst each other in these groups and speaking about ideas no matter how crazy or stupid they might seem and they invention emerge into powerful you know robust systems so he mentions how finney who recently passed away he in two thousand and four created work which was called the reasonable proof of work which built on the backs hashcash and then of course in exile though in two thousand and five he did big gold which was digital collectible so these ideas obviously you know bitcoin is often called gold two point zero will. In fact the i. R. S. Does qualify it as a commodity as a property and ask. Like gold so these are this is the evolution and then hes predicting where the future holds out on this right also the white paper the t
Theres only one the apex predator or that is man at the moment before he dies of all the garbage. That he goes into the two thousand as you mentioned gold and thats one of the ideas like all the ideas from our history of money from our history of privacy of being humans and evolving higher intellectual you know speaking freely amongst each other in these groups and speaking about ideas no matter how crazy or stupid they might seem and the invention emerge into powerful you know robust systems so he mentions how phony who recently passed away he had two thousand and four created work which was called the reasonable proof of work which built on the backs hashcash and then of course in exile though in two thousand and five he did big gold which was digital collectible so these ideas obviously you know bitcoin is often called gold two point zero will its in fact a. R. S. Does qualify it as a commodity as a property an asset like gold so these are this is the evolution and then hes predicti