When Satoshi wrote his fabled document some 11 years ago now. Have we achieved what he intended? In some small way yes I suppose, we have not just Bitcoin representing digital money but even fiat being represented in digital forms, across multiple platforms, soon in many ways those will become interchangeable. It’s hard to see just how far we have come in the short amount of time that the crypto currency and (or even farther back, shout out to the pioneering P2P community) has come. In total we’ve only been really working towards a decentralized fairly governed system at a rapid pace, with new features and developments coming online everyday in the real of blockchain finance, AI, and even BOTH, we’ve seen governments start to use blockchain technology, or technology derived from blockchain and P2P tech to start regulating their own outdated bureaucratic systems, and in some cases, streamline elections.
We have indeed come far from the original proposal of a “Peer to Peer electronic cash system”. That proposal always bugged me. From the beginning I could tell that bitcoin, blockchain, was bigger than just “electronic cash” at its core I knew, and I believe satoshi knew, the real value in almost every blockchain was and would be the verifiable proof of interaction between either person to person exclusively, or person to person verified by a consensus in a even deeper way. And not just interaction, but the ability to express opinion in the said interaction. I personally believe he always new it was deeper than “electronic cash”. Perhaps the over simplification was for ease of adoption?
1 can only speculate.
What we do know, is it’s working, it’s growing, and it very much seems to be like what internet was in the 60-80, something no one really knew the potential of, yet everyone agreed was ‘the future’. So this leads to real introspective part of this article... where do I PERSONALLY believe are are heading, and where do I believe Satoshi MAY have intended us to go (or maybe not) either way, my thoughts are this.
We simply do it at this point, maybe not RIGHT NOW, but over the next several decades, let’s all take the red pill, and admit this is what we want. Let us as humans, relinquish some degree of control to a blockchain biased AI technical system aggregated from oracle cross chain protocols that can decide what is the best path forwards for us, because personally I believe this is the best way.
Notice I said relinquish SOME DEGREE, this is because as previously mentioned even automated blockchain systems at some point will require human regulation to over see maintenance or more specifically perfection of said blockchain system, recently governance models have provided a even more ideal and accessible way to do so than, arguably, Satoshi ever could have or would have envisioned. That being said.
It has the ability, we’ve seen that it’s becoming overwhelmingly accepted, what do you think is likely to happen, on this matter especially, I am open to all ideas or thoughts of discussion, I think something along the topics of this while introspective and arguably meaningless without action is the kind of stuff that gets us to the goal line, and what we all and out of crypto.
Personally for all of you, I wish you the best in you investments, and always hodl strong! If you liked what you read, like, subscribe, tip, whatever.
lubz, hippo <3
