Why Bitcoin Now: The History of Digital Currency - Ep.185

Unchained

Laura Shin

News, Tech News, Business News

4.6 • 1.3K Ratings

🗓️ 11 August 2020

⏱️ 79 minutes

🔗️ Recording | iTunes | RSS

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Summary

Aaron van Wirdum is the technical editor at Bitcoin Magazine. Finn Brunton is the author of “Digital Cash: The Unknown History of the Anarchists, Utopians, and Technologists Who Created Cryptocurrency.” In this episode, they tackle the history of digital currency. Topics include: the motivations behind the earliest attempts to create digital currencies, and who was behind those attempts the Extropian philosophy and how digital currency was born out of it how the cypherpunks came together and eventually began implementing tools that would lead to the creation of digital currencies the problems faced during the development of digital money, from double-spending to privacy, centralization, and spam the development of a public key protocol and why it was so significant the characteristics of earlier forms of digital currency like e-cash, hashcash, b-money, and bit gold, as well as their differences the original purpose of proof-of-work and how it was developed Hal Finney’s essential contributions to the creation of earlier digital currencies, and later, Bitcoin previous implementations of blockchain and how Bitcoin came to reinvent and utilize it which previous digital currencies come closest to Bitcoin and who they think Satoshi Nakamoto is … Thank you to our sponsors! Crypto.com: https://crypto.com Episode links: Aaron Van Wirdum: https://twitter.com/AaronvanW Finn Brunton: http://finnb.net Digital Cash: The Unknown History of the Anarchists, Utopians, and Technologists Who Created Cryptocurrency: https://press.princeton.edu/books/hardcover/9780691179490/digital-cash Aaron's Bitcoin magazine series on the early days of digital currency: https://bitcoinmagazine.com/articles/genesis-files-how-david-chaums-ecash-spawned-cypherpunk-dream https://bitcoinmagazine.com/articles/genesis-files-hashcash-or-how-adam-back-designed-bitcoins-motor-block https://bitcoinmagazine.com/articles/genesis-files-if-bitcoin-had-first-draft-wei-dais-b-money-was-it https://bitcoinmagazine.com/articles/genesis-files-bit-gold-szabo-was-inches-away-inventing-bitcoin Aaron on What Bitcoin Did discussing the stories: https://www.whatbitcoindid.com/podcast/the-beginners-guide-to-bitcoin-part-3-bitcoins-pre-history-and-the-cypherpunks-with-aaron-van-wirdum Breaker Mag Interview with Finn Brunton about his book: https://breakermag.com/new-book-reveals-cryptos-radical-origins/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:59.1	Hi everyone. Welcome to Unchained, your no-hype resource for all things crypto.
1:07.0	I'm your host, Laura Shin, a journalist with over two decades of experience.
1:11.0	I started covering crypto five years ago and as a
1:14.0	senior editor at Forbes was the first mainstream media reporter to cover
1:17.4	cryptocurrency full-time.
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1:29.0	crypto.com is waiving the 3.5% credit card fee for all crypto purchases until the end of September.
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1:37.8	This is the third installment in the Y Bitcoin Now series, which takes a closer look at Bitcoin in the context of
1:44.7	larger macroeconomic forces such as the pandemic and geopolitical moves happening in
1:49.6	crypto. The topic of today's episode is the history of digital currency.
1:54.4	Here to discuss are Aaron Van Wertum, technical editor at Bitcoin magazine, and Finn
	...

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