Who is Satoshi Nakamoto? Bitcoin 13 Year Anniversary of Bitcoin White Paper
It has been 13 years since Satoshi's original white paper email was released regarding the inception and concept of peer to peer crypto currency.
We still do not know the origins or whereabouts of Satoshi Nakamoto are, but what he or they left humankind with is a gift of freedom in the form of digital currency and public ledger. Giving the freedom of the monetary system back to the people to use amongst themselves with no political or geographical boundaries.
A wise man in the financial space once said, "Give me control over a nations money, and I care not who makes her laws."
This gives humankind a way out of the economic and monetary enslavement that we have been unwillingly lead into over the many years of the political and monetary policy development of the united states..
Below is the exact email from Satoshi :
In written form:
"I've been working on a new electronic cash system that's fully peer-to-peer, with no trusted third party. The paper is available at: http://www.bitcoin.org/bitcoin.pdf The main properties: Double-spending is prevented with a peer-to-peer network. No mint or other trusted parties. Participants can be anonymous. New coins are made from Hashcash style proof-of-work. The proof-of-work for new coin generation also powers the network to prevent double-spending. Bitcoin: A Peer-to-Peer Electronic Cash System Abstract. A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without the burdens of going through a financial institution. Digital signatures provide part of the solution, but the main benefits are lost if a trusted party is still required to prevent double-spending. We propose a solution to the double-spending problem using a peer-to-peer network. The network timestamps transactions by hashing them into an ongoing chain of hash-based proof-of-work, forming a record that cannot be changed without redoing the proof-of-work. The longest chain not only serves as proof of the sequence of events witnessed, but proof that it came from the largest pool of CPU power. As long as honest nodes control the most CPU power on the network, they can generate the longest chain and outpace any attackers. The network itself requires minimal structure. Messages are broadcasted on a best effort basis, and nodes can leave and rejoin the network at will, accepting the longest proof-of-work chain as proof of what happened while they were gone. Full paper at: http://www.bitcoin.org/bitcoin.pdf Satoshi Nakamoto "