Quote:
Bitcoin is the first implementation of a concept called "crypto-currency", which was first described in 1998 by Wei Dai on the cypherpunks mailing list, suggesting the idea of a new form of money that uses cryptography to control its creation and transactions, rather than a central authority. The first Bitcoin specification and proof of concept was published in 2009 in a cryptography mailing list by Satoshi Nakamoto. Satoshi left the project in late 2010 without revealing much about himself. The community has since grown exponentially with many developers working on Bitcoin.
Satoshi's anonymity often raised unjustified concerns, many of which are linked to misunderstanding of the open-source nature of Bitcoin. The Bitcoin protocol and software are published openly and any developer around the world can review the code or make their own modified version of the Bitcoin software. Just like current developers, Satoshi's influence was limited to the changes he made being adopted by others and therefore he did not control Bitcoin. As such, the identity of Bitcoin's inventor is probably as relevant today as the identity of the person who invented paper.
https://bitcoin.org/bitcoin.pdf
this is a 9 page paper that is the foundation of bitcoin.
this paper is the bargaining problem by Nash
http://www.eecs.harvard.edu/cs286r/c...rs/nash50a.pdf
it has nine pages 9
What it describes is the difference between an economy without money vs one that has money. Bit coin is the 3rd level of that as it does what money does to the next level.
The paper/lecture below is by nash on something called ideal money, which is money that is interest free and not controled by a central bank. Bitcoin IS ideal money.
http://*********************/~babu/nash/money.pdf
http://www.youtube.com/watch?v=Je22xKQekCk
We expect "satoshi nakamoto" is japenese.
When you take out "I am Nash" you are left with
"sato" and "koto"
Japenese is the key because if you didn't know the language then you could never match the words to verify the code cracking
sato = the most popular japenese nam
koto = japan's national instrument
The time lapse between the release of 'bitcoin' paper, and the time someone figures out it was nash IS the plan. It is a suspense and drama, in which all the governments create regulations against bitcoin. But when bitcoin is adopted by the people, these government regulations are just going to make it harder (therefore less desirable) for people to ever go back to the real system.
Bitcoin is a carefully selected 'piece' of the real plan, released in such away that no one could piece together what Nash was doing