Martin Luther and Satoshi Nakamoto

October 31 is a day celebrated around the world in many different cultures. It originates from the ancient Celtic spiritual tradition of Samhain, and has always been a symbol of death and renewal. It turns out that history is filled with landmark events on this date which propel human civilization forward.

On October 31, 1517, Martin Luther nailed his Ninety-Five Theses onto the door of All Saints’ Church in Wittenberg, criticizing the indulgences of the Roman Catholic Church. It started the Reformation which would later lead to the separation of Church and State. Exactly 11 years ago, on October 31, 2008, a link to a paper authored by Satoshi Nakamoto titled Bitcoin: A Peer-to-Peer Electronic Cash System was posted to a cryptography mailing list, challenging the authority of central banks and their monetary policy abuses.

History will look back on the Bitcoin whitepaper as the beginning of the separation of Money and State. For all libertarians and sovereign individuals, myself included, it is an aspiration worth striving for.

Bitcoin as a Portal of Ideas

As a polymath and Bitcoin maximalist, I see Bitcoin as a portal to ideas of great thinkers of which I’m a student: Gustave Le Bon’s crowd psychology, Eric Hoffer’s fanatical mass movements, Nassim Nicholas Taleb’s antifragility and skin in the game, Friedrich von Hayek’s distributed knowledge and monetary competition, Jorge Luis Borges’ illusion of reality, Friedrich Nietzsche’s will to power, John Nash’s game theory, and much more that I’m yet to discover. It never fails to amaze me to see how these ideas, through Bitcoin, are playing out everyday right in front of our eyes, and I’m grateful to be part of the greatest social revolution of our time.

Borges on Bitcoin Forks

How I imagine Jorge Luis Borges would write about Bitcoin:

In Bitcoin we find the idiosyncrasies of each of its forks to a greater or lesser degree. Every fork modifies our conception of the original Bitcoin, as it will modify the future. If the forks had never existed, we would not perceive the qualities in Bitcoin. In other words, Bitcoin would not exist. The fact is that the sum of all the forks creates Bitcoin. Bitcoin is faithful to its own forks.