Post
Topic
Board Bitcoin Discussion
Re: What is the 'purpose' and 'nature' of Bitcoin? Some questions.
by
jdbtracker
on 26/11/2016, 13:56:08 UTC
I have been thinking about your original post... and I feel an explanation is needed.

There is an original Bitcoin, that went along with an original white paper; From this came the principles that came to be what we know today.

I've been researching Bitcoin for many years, delving into it's lore as best as I can, trying to piece the puzzle together.
What comes next is opinion gathered from snippets, bits and pieces said from people who were there at the beginning.

The True original Bitcoin White Paper is unfortunately lost to the sands of time, as is the code for the first iteration of the network, but there are people here on this forum who received pieces, snippets of the code. From what I have read it was far different than what we know.

The First White Paper, one forum member described it as being far more interesting, I tend to believe them; Though I have never read it. If I could read that paper I would be shocked at the difference, what we received was a toned down, generic, sterilized White Paper.

The First Bitcoin Core, which was programmed by Satoshi Nakamoto was distributed in two pieces to the people who started the network. All they had to do was put the two halves together to have a compilable version of the Original Bitcoin Core. They proofed the network, the concept and many of the ideas... but The Idea behind Bitcoin was bigger than that. From what I have read it was way more advanced than the first iteration that was released to the public. So somewhere out there there is a even more powerful version of Bitcoin.

Why was this done? It was a token to the idea of Bitcoin, that it was,"For the Community, By the Community". The first person willing to code this new core, with the finalized principles of the ideas was... I believe Cirrus? They were given specifications and when they completed the coding of a viable working core it was released to the public. This version was primitive compared to what the original code could do, it didn't even have a GUI, but it got the job done.

This is the first principle: Each person has the right to learn, to explore, to create something new, to participate.

So what was the purpose of the First Bitcoin Core?

It was to solve the Double Spend problem, but a centralized solution could not work, you'd have to trust them to carry out the work properly. Anything that gives another party power over you is not a solution at all, it was posited, it must not rely on Trust. But how do you proof that it is a True Solution? The Solution: Let everyone know what is going on.

So many times we are prevented from knowing the Truth, by our governments, corporations, and establishments. They hide behind a system filled with fallacies, inefficiencies, and incompetence, using the guise of bureaucracy to hide Human short comings. The Blockchain solved this, "If everyone knows the Truth, they cannot be fooled."  This solution's realization was bigger than the problem it solved, information could no longer be duplicated on the internet... the Truth would no longer compete with hyperbole, lies and misinformation.

The statistics of what is truly going on could be known by everyone, without occlusion.

The short Answer to your Question, what does Bitcoin do that other Monetary systems can't? It can spread an idea, "that we do not have to be at the whim of those we elect to carry out the Rights and Services necessary for the Health and Well-being of the People."

We can know the principles by which we choose to abide, these principles are bare for all to see within the code that we choose to follow, and no one or group can prevent us or delay us from knowing what principles are being followed at any one time.


Many in this community know the answer: Bitcoin is an agent above morality, it carries out it's monetary principles without judgement, letting it's users decide if they wish to build a New World or Watch The World Burn.

... And yet it is greater than this... far greater...