Before it has any value, before people hold it in favor of fiat.
We really do care about terminology now, and it's not precisely "backing," but that's how I've read it.
Exactly, "backed by fiat" is the part that triggered me too π€£
npub1k03r...8rty
It's cool to see how the fundamentals were there already, but the notion of non KYC clearly didn't exist yet.
Looking forward to finding out what notions we don't have words for yet in the systems we build today.
Something that always made me think Satoshi was American was his use of the American English spelling of certain words. Your emails show an example like American spelling Organization instead of the British spelling Organisation. But the Genesis block British headline threw me off. Back in the day I just figured he was an American living in England. But I didn't really care. Back then, nor today, did I use my real name on any internet correspondence that wasn't work or finance related. I was compartmentalizing or practicing separation of concerns since I got on the internet in the early 90s and just thought everyone else did as well. My only regret was treating bitcoin as an IT curiosity early 2011 instead of taking it seriously.
He spells colour correctly though π. The default is always American English so the fact he has changed it at all would imply he is not American or it's more than one person.
The first time he says organize is between two times he says colour and the second time says colour is a month later. Seems like it could be more than one person or hes switching computers set up for different types of English.
Yep and he switches some around. Realize realise. I'm American but grew up with the OED at home so I often make mistakes and use -ise or colour. Used to be an issue in school for me because I'd get hit for spelling errors π€£π€£π€£
Maybe my assumption is biased because of my own experience.
π
Completely understand losing marks due to spelling was the reason I remember the default is American English π€£. Especially important after a XP nuclear reset which seemed fairly common compared to todays operating systems.
wow!!!...just frickin wow!!!
prolly the most humanizing thing I've read re BTC
just reading though the toil, effort, patience and perseverance that has gone into this π is mindblowing
a gigantic thnx from a lowly pleb
Thanks for sharing this, it is a fascinating read!
Our favourite bit is when you are brainstorming about giving bitcoin traction. Still relevant, even after creating a trillion dollar market
https://twitter.com/qantarot/status/1761402472587825354/photo/1
Ver a un colaborador importante de Satoshi en #Nostr me hace pensar lo importante que es este prococolo.
Seguimos
#Nostr #Venezuela #ElSalvador #Mexico #Argentina #EspaΓ±a #Bitcoin #Amethyst
View quoted note β
This is amazing, I didn't get anywhere close to reading the entire thing but great insight on how well thought out the planning for the future was by Satoshi.
Thank you for sharing this thread, βBirth of Bitcoinβ I call it. So so interesting. I didnβt know Ripple was around at that time. The text is so interesting to read; as if God and Jesus (beg pardon, no sacrilege or disrespect intended) are having a Sunday morning tea.
βI plan to work on the escrow feature next, which is needed to make
actual trades for physical stuff safer and before backing the currency
with fiat money can begin.β
What was Satoshi referring to here ?
It's cool to see how the fundamentals were there already, but the notion of non KYC clearly didn't exist yet.
Looking forward to finding out what notions we don't have words for yet in the systems we build today.