The Extropian Roots of Bitcoin
Bitcoin is booming, but not every enthusiast knows that the cryptocurrency has roots in a radical, futurist philosophy that started to bloom in the California of the 80s. Hal Finney, a Bitcoin pioneer and the first person to ever receive a Bitcoin transaction, was cryonically preserved by the Alcor Life Extension Foundation on August 28, 2014. Please don't say to Hal friends that he "passed away" or worse - cryonics enthusiasts hope to be revived by future science, in a few decades or centuries down the stream of time. Cryonics was (and still is) frequently discussed on the Extropians....
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Before they were cypherpunks, the forefathers of Bitcoin were Extropians.
A Reddit post started a discussion on the nature of Bitcoin. Is it "just" a digital currency and payment system, or is it more than that? Poster "StarFscker" argues that Bitcoin is the revolutionary offspring of crypto-anarchists posting to mailing lists about how cryptography will set us free. Also read: The Extropian Roots of Bitcoin. "We will be free if we don't accept rulers over our lives. We can have our privacy if we'd just go out and make it happen. We could have our security if we just used the tools we have to secure us." "The next logical step is we shed our obsolete and....
In the below documentary, IamSatoshi Films explores the roots of Bitcoin. The film explores the aspect of Bitcoin that is often overlooked, how the political unrest of the early 2010s may have contributed to Bitcoin's success, as people were dissatisfied with the bailouts given to bankers earlier on. The allure of being one's own bank and having control of one's funds in the extreme would clearly attract those who were upset at the present system. The film presents original footage and interviews from 2012 to present day, painting a picture of Bitcoin which often is forgotten. The....
Paxful Roots, as the program is titled, is marketed as one of the world’s first peer-to-peer affiliate programs. A US-based Bitcoin marketplace claims that it has launched a new breed of affiliation program for traders. Paxful Roots, as the program is titled, is created under the watch of Delaware-based Paxful Inc. It is marketed as one of the world’s first peer-to-peer affiliate programs, in which traders referring business to Bitcoin sellers earn up to 2% of the total purchase made. Paxful’s role, meanwhile, stays committed towards providing wallet services to safely store and transact....
MF Global traces its roots back over two centuries, starting as a sugar trading business in 1783, slowly expanding the range of its activities, but staying within the market of agricultural commodities for almost two centuries. In the late 1970s, they discovered the much more profitable area of futures trading, where they rapidly expanded their business with managed futures, hedge fund products and other financial instruments that they had no competition in. By 2000, they abandoned their roots in agricultural commodities entirely. In the next decade, they would expand to become one of the....