BREAKDOWN: Why Satoshi Chose Halloween to Release the Bitcoin White Paper
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 30 October 2020
⏱️ 15 minutes
🧾️ Download transcript
Summary
Was it an allusion to the Reformation or something to do with the ancient pagan tradition of Samhain?
This episode is sponsored by Crypto.com, Nexo.io and Elliptic.
One of the most powerful aspects of bitcoin is its mythology.
In this episode, NLW explores the 12th anniversary of the Bitcoin white paper and the choices that went into its release date.
Whether it was something to do with the Reformation or an allusion to the longstanding pagan tradition of Samhain, the one thing that’s clear is the choice adds all the more mystique to bitcoin’s incredible origins.
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Transcript
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| 0:49.7 | Bitcoin is this thing that exists and maybe it won't have the utility and the convenience |
| 0:54.0 | of those |
| 0:54.4 | currencies at the same way. But what it has is something that is so inescapably different in |
| 0:58.5 | the fact of its censorship resistance and the fact of its permissionless nature and the fact that |
| 1:02.4 | it is not controllable by the state in the same way as any of these other alternatives might be. |
| 1:08.3 | It's fun to ask why we might have chosen or Satoshi might have chosen |
| 1:12.2 | Halloween. I think it's just as fun, though, to think about just how far things have come since |
| 1:17.3 | that happened, since he's shared the Bitcoin white paper with that list serve in 2008. |
| 1:23.1 | Welcome back to The Breakdown with me, NLW. It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world. |
| 1:33.3 | The breakdown is sponsored by crypto.com, nexo.io, and elliptic, and produced and distributed by CoinDesk. |
| 1:41.1 | What's going on, guys? It is Friday, October 30th, and today we're doing something fun. |
| 1:47.2 | So first, let's talk a little bit of history. |
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