2008 financial crisis:
everyone started to talk about BLACK SWANs
the BLACK SWAN in history is the invention of AMERICA
what is AMERICAN DREAM?
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BITCOIN SATOSHI 2008
#Bitcoin showed up in the middle of the 2008 financial crisis
internet was open-source
and was taken by big corps
so it was hard for individuals to get open-source projects funded
the more in open-source tech people were contributing the less money they got
that’s when bitcoin comes in
OCT 31 2008 Satoshi first appeared in BTC white paper
17 years and the open-source funding remains unsolved
so i founded Bitcoin Bank
Bitcoin Bank is incorporated in America
under name Planetary DAO
WHY?
bc i believe in American Dream
bc i believe in Planetary Dream
and DAOs
that's the decentralized ethos of bitcoin
before 1800 people had to live the lives of their parents and grandparents and that started to change bc the invention of AMERICA
the American Constitution (1787)
the word right is only in the constitution once
is in the ART 1, section 8. clause 8
what it does is gives authors and inventors the exclusive right to their respective writings and discoveries
i love Abraham Lincoln's description of this
he said: this clause, this word, “right” provided the fuel of interest (self-interest) to the fire of genius, INVENTION.
so now you get to own it
securing this natural right of ownership
provided incentives and created a new way to distribute resources
no longer were resources distributed by violence
now they are distributed by ingenuity and hard work
SATOSHI blows my mind
he didn’t protect his invention with traditional patent rights
he released the Bitcoin software as open-source
allowing anyone to use, modify and distribute it freely
OWN IT
bitcoin belongs to its community
bitcoin belongs to everyone
bitcoin belongs to the people
Satoshi has a broader philosophy of INNOVATION
not individual, but collective. collective ownership
community access & participation over proprietary control
no country can force him to disclose himself to get credit for his invention
#Bitcoin belongs to the people
Satoshi you’re unique
Who invented America? 🤔
young people lost their jobs
mass youth unemployment saw the emergence and exponential growth of “urban commons” and TECH
share everything emerged in this time
airbnb, we-work, uber… and the best invention ever BITCOIN
urban commons are the result of citizens reorganizing to secure supply systems in difficult time, from access to healthy organic food, shared housing, transportation… and a NEW CURRENCY
No honey. New Conga now
since then we can’t only communicate and self-organize peer-to-peer, but we can build entire economies
#BITCOIN
just as software is eating the world
and then open-source ate software
now #Bitcoin is devouring the world
BITCOIN IS THE BLACK SWAN