/biz/ - Business & Finance

>>12833320
I didn’t run away from Bitcoin, but I needed to know more about the system I created. Most critically, I needed to know that it could work at scale as I had planned. Towards the end of 2010, WikiLeaks had started promoting Bitcoin as an end to their woes. WikiLeaks and I have not had a good relationship.

Shortly after, the dark web and most prominently Silk Road started integrating Bitcoin. As a system that was designed with an audit trail, Bitcoin was designed not to be even remotely similar to the anonymous digital cash that had been propagated earlier and promoted in systems such as CHL, Monex, and DigiCash.

Bitcoin was supposed to solve all their issues, and yet I saw such sites starting to rely on Bitcoin. More importantly, unlike even the more anonymous eCash that had been shut down, Bitcoin was being used on the dark web and not on banks. eCash had been accepted by organisations such as the Deutsche Bank, before it was closed down and the attitude of people involved in the community ensured that no bank or responsible organisation was touching it.

How can one man be so based?

I want to be like him. He makes me want to be a better man and work harder.

Lol