A Brief History of what we know as Crypto!
Bitcoin did not magically appear out of thin air. It was the product of more than 40 years of research and development. You can see many of these technical breakthroughs on this timeline:
An important takeaway from this visual is that bitcoin was not only built on top of the internet and cryptographic inventions, but it was also the culmination of years of hard work on the foundational ideas of the cypherpunk movement.
You can see Murray Rothbard produced âThe Ethics of Libertyâ in 1982. Timothy C. May created âThe Crypto-Anarchistâs Manifestoâ in 1988. Eric Hughes published âA Cyperpunkâs Manifestoâ in 1993. May followed up again with âThe Cyphernomiconâ in 1994.
Finally, in October 2008, Satoshi Nakamoto published the Bitcoin white paper which would become the most successful digital currency to date.
Bitcoin is the technical manifestation of the idea, but the idea is unstoppable. As Victor Hugo once said, âNothing is more powerful than an idea whose time has come.â
That has been true throughout history and it is still true today.