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    Satoshi
    Satoshi
    Satoshi
    Ebook133 pages1 hour

    Satoshi

    By Stephen Parato

    ()

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    About this ebook

    The origin story of Bitcoin is shrouded in mystery and intrigue. All we know is that Bitcoin was created by a “person” named Satoshi Nakamoto.

    Satoshi is a fictional exploration into the fascinating backstory of Bitcoin.

    This book is the convergence of cryptocurrency and human consciousness. It’s designed to open up new possibilities and help create paradigm changes for the good of all.

    LanguageEnglish
    PublisherStephen Parato
    Release dateFeb 11, 2019
    ISBN9780463309186
    Satoshi
    Author

    Stephen Parato

    Stephen Parato is a meditation guide, creativity wizard, writer & author, ancient wisdom keeper and founder of FeelinGoodFeelinGreat.com. His passion is to share sacred tools that enhance your intuition, create mindfulness in daily life, and tap into your creative genius.

    Read more from Stephen Parato

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      Book preview

      Satoshi - Stephen Parato

      Chapter 1

      This is THE thing that will change EVERYTHING as we know it.

      The words came from Mr. Honey Badger, as the group endearingly called him. And Mr. Honey Badger, as always, was more excited and optimistic than everyone else in the room.

      It definitely has the potential, said Bit-Queen.

      Everyone’s eyes turned to Zyno. He sat at the corner of the corner table of the Dogon Brewery, head down, slowly tracing something on the table with his index finger.

      What do you think, Zyno? Bit-King, the other half of the ‘Dynamic Data Duo’, asked. Then added, You’re the leader, the figure head, of this project.

      Zyno looked up at Bit-King and smirked mischievously. I’m not the leader. This was, is, and will always be an egalitarian effort.

      Everyone nodded their head in agreement.

      We’re all the leader. Not only us here, but everyone we’ve learned from, and everyone who will use this in the future. Authority figures are dead.

      Good point, Bit-King mumbled with a hint of embarrassment.

      Their weekly project meeting came to an end. Zyno had laid out the entire plan for the last 45 minutes. The waitress came by and Mr. Honey Badger smiled at her. Hey Shelby. Can we get another round of IPA’s here?

      You finally remembered my name! She broke into a little happy dance as she strode away.

      So… Mr. Honey Badger said as Shelby left. Can we talk about something that doesn’t make me think so hard now?

      Bit-Queen shot him a sarcastic glance. Do you really think that’s possible with this crew?

      True, Mr. Honey Badger succeeded. Ok. So then let’s talk about the potential implications of this new system…

      Bit-King perked up with excitement. Well, as we’ve discussed, the financial and economic implications are obvious. But to add, I think of this new protocol – and the protocols that spawn off of it – as lifeboats.

      What do you mean by lifeboats? Mr. Honey Badger asked.

      This financial crash is unfolding before our eyes. And all of this bullshit with sub-prime loans is inevitably going to create a housing crisis. Basically, the whole financial system is like the Titanic, heading straight for an iceberg. And once this protocol is deployed, people will finally have other options.

      I like that metaphor, Zyno said, as Shelby handed everyone their beers.

      A unanimous Thank you! brought a smile to Shelby’s face. She smirked and said, I wouldn’t wanna be caught on the sinking Titanic. No way.

      Me neither. I’d rather have choices. Mr. Honey Badger replied.

      As Shelby walked away, they all looked at each other. Everyone knew that other people would sometimes hear parts of their conversations. But it wasn’t a secret, at least not the type of secret that most people would call a secret. Plus, the technical jargon they used was outside of anyone’s grasp except for advanced computer scientists. And even computer scientists would have trouble connecting it with the financial, political and psychological lingo.

      What else? Mr. Honey Badger asked. What other major impact do you guys envision?

      Sovereignty. Zyno muttered as he wiped foam from his lips. Sovereignty, he repeated as he thought back to his grand vision…

      Chapter 2

      Excerpt From Zyno’s Journal

      The idea came to me late one night. I was scouring online forums as usual, when I came across an interesting discussion.

      The discussion was titled, Creating Our Own Digital Currency is The Answer. In this discussion, the author provided a short list. Here’s what it said…

      1. The financial system is centralized and that creates silos of power and manipulation. A decentralized, digital currency would correct this.

      2. Fiat currency is not designed to be used on the internet.

      3. We have zero privacy. The banks and credit card companies all see every transaction we make.

      4. Gold is cool. But you can’t send it online or carry much of it around.

      5. The financial system obviously isn’t helping most people. It’s being used to syphon wealth into the hands of a few.

      The post was obviously not a fully fleshed out plan. But it’s start. And it connects with several of my own ideas.

      I’ve already been brainstorming some kind of protocol. Some kind of platform for digital currency.

      And now I’m realizing that my skillsets and passions are creating the perfect storm. The perfect storm to disrupt the financial stranglehold and take the first step in liberating people. I studied computer science and cryptography for my PHD at, well, you know the university. I also have libertarian leaning political views (actually going more towards voluntaryism and anarchy now), which creates my strong desire for true freedom. Combine all of this with my fascination with human psychology. And. Boom! Perfect storm.

      The financial industry is a hundreds of trillion-dollar industry. One doesn’t simply poke such a gargantuan beast and expect it to just roll over and die. I know that whatever is created needs to withstand attacks from all angles. And not only that, but be agile enough to adapt over time.

      There are so many implications. An almost infinite amount of opportunities. And, of course, an infinite amount of potential threats.

      Where do I even start? Let’s zoom out a little bit. I need some perspective here.

      So the internet created the first chink in the armor of the control system. I’m not one to believe every conspiracy theory, but anyone with half a brain can see that a small group of people are proactively trying to control humanity through various means. The financial system, the media, the education system, organized religion… You name it. Just about every major system is designed to keep people disempowered and easily controlled.

      But I digress. I wanted to mention the internet. The internet created the first chink in the armor of this general control system. Why? Because it has democratized and decentralized information. The average person today has access to more information than the president of the United States had 20 years ago. And remember, information was always withheld from the people to keep them subservient to an elite class. This is why the printing press changed everything. Regular people could access books without having to rely on interpretations from political or religious authority figures. And the internet is an extension of this, an even further decentralization of information.

      Now take that concept of decentralization and apply it to currency. If there was a peer-to-peer system, with a public ledger, there would be no need for central institutions. This would make central banks and regulatory bodies irrelevant. Essentially, each individual becomes a sovereign bank that can transact with any other individual.

      And currency is just the tip of the iceberg. There are centralized middle men in every industry who bully everyone else into subservience… Power companies, legal notaries, ad networks, lobbies…etc. These are any third-party intermediaries that serve as a trust broker between people. Their only contribution is trust. And any publicly verified peer-to-peer protocol eliminates this need for a central third-party to create trust. Soon enough, these intermediaries will be extinct.

      If you want to get meta, this concept of decentralized applies to the two biggest authorities that people externalize their power to: government and religion. With a democratized protocol, central government will be irrelevant. And as this decentralization is applied to more and more facets of life, people will inevitably ask, Why do I need a central authority to access God? Whatever God is or isn’t to you isn’t the point. The point is that any centralized institutions will quickly seem as asinine as putting a picket fence around a dragon.

      Now, there are some big questions regarding the introduction of this technology. How do you subvert a system as big as the global financial system? And where will they attack this new technology?

      The best way to subvert a system is to build a better alternative. No need to fight when you can create something that is unequivocally superior. Combine that with it benefitting the people, and that is a recipe for mass adoption over time. But this protocol will have to be robust enough to endure throughout these stages.

      Honestly, they won’t even consider attacking until it’s big enough to be a threat. Remember what Gandhi said? First they ignore you, then they laugh at you, then they fight you, then you win. Anyone entrenched in the global financial system is going to ignore any alternative currency until they literally can’t ignore it. Then they’re going to dismiss it as being silly or a scam. And then, only after significant adoption, will the system begin its attack.

      But here’s the thing. Attacks will come from all angles from day one. There are hackers who are more than willing to get any honeypot as a prize. And they will be even more adept than any political or banking agency. So this means that this protocol will have to be bulletproof from day one, AND be able to adapt over time.

      The best approach… The specific problems to be solved need to be outlined. Then the code needs to

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