From the founding father of the centralized bank himself, comes an epic rap battle of Hamilton vs the founder of the Bitcoin Blockchain Satoshi. This parody video actually brings up a lot of good points that occur in more serious discussions to the future of the blockchain. The best way to teach others is through entertainment and fun

Hamilton begins by referencing the Federalist Papers and their purpose of a strong central government, citing his creation of the Central Bank as the reason America defeated their debts after the Revolution

Satoshi retorts that central currency is a way that Governments keep control of people, and his goals stem from the desire to create freedom for all while downplaying any importance of his anonymous pseudonym.

Hamilton returns to critique the complexity and difficulty of crypto to be well understood, and likens it to a "get broke-quick scheme". This founding father sees it as nothing more than a prank

Satoshi returns to attack the potential for returns within traditional central banking. Stating how central banks only serve the rich, while crypto serves everybody, additionally that it provides greater security through encryption.

Hamilton now makes a logical blunder and legitimized crypto, he is no longer stating that it is a 'scam' or downplays its utility, rather he states that it should be placed under Central Banking rules and regulations (thereby stating that it has worth without ever explicitly saying so). This Bank Builder than goes on to propose that while the Central Bank is secure in that insurance will replace lost or stolen funds, Crypto is weak in security and that even a mis-typed address will result in total lost of funds with no option of recovery.

Satoshi bypasses any defense of this weakness, and instead goes onto the attack questioning why a group of people (central bankers) would ever voluntarily choose to change a system that benefits them directly, even if it is broken for multitudes of others? Then proceeds to give examples of other industries that fought innovation which they saw as competition. Calling into question the moral legitimacy of Hamilton's opposing stance

As in a Greek drama, the Chorus enters, with a black woman calling the system broken while the military individuals of Hamilton's posse reject the claim and state their doubt in the trust of a crypto token.

Satoshi is back on the attack again reiterating that fiat currency is a method of control, while Hamilton defends it as a means to keep people safe. Directly equating the central powers of government to maintaining "peace".

Satoshi responds to this critique highlighting the logical fallacy of Hamilton's position that only protect that specific countries citizens. Whereas Crypto has the ability to protect everyone in the world, as well as defeat censorship when needed in oppressive regimes.

Hamilton seems exasperated that his points are being misunderstood, and proceeds to 'man-splain' to Satoshi the methods by which banks earn their income; based on a risk/rewards model of trust and liability. In a return to his opening attack, he again remarks on the unknowability of Satoshis private identity.

Satoshi side-steps this attack by showing how trust in him as an specific individual is unnecessary, as you can simply trust the code itself which is larger than any one man. He then attempts to attack cash as being slow to change and unable to be updated to respond to changing times. 

Hamilton sees an opening in the logical flaws in Satoshis argument and moves in to return the attack. Arguing why change cash when cash works? You can purchase items instantly, and cites lack of adoption of Bitcoin as a medium of exchange, yet ignores any reference to it as a store of value.

Satoshi is nonplussed and shows how no medium of exchange starts out as being widely adopted, which takes time. While he highlights the Billions of individuals who are left outside the Central banking system without any saving or interest opportunities.

Hamilton then brings out the big guns, and points to the cost/profit model of Bitcoin in regards to electrical usage and it's byproduct in pollution and global warming.

Not to be outdone, Satoshi returns with fighting the bureaucracy of the central system, and the multiple duplicate forms, and paper fiat as destroying the forests. And calls for Hamilton to respect his rights to purchase electricity at market rates and do with it as he wishes.

Both combatants retort by throwing mud and trying to show how each currency (fiat/crypto) is used for crimes and nefarious purposes

Hamilton then shows his hand and states his belief that it is impossible to build anything without a centralized hierarchy, Satoshi responds that Crypto is a balance to the central model

Hamilton then rushes to use lethal force against Satoshi and the moderator of the discussion is forced to intervene which ends the debate.

    If you've ever seen the musical Hamilton, or are a fan of Hip Hop and Poetry, this is an excellent video and will surely make you laugh at the same time that it brings up valid points of each financial and social model.

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