Hacker News new | ask | show | jobs
by AgentME 3077 days ago
>Designed bitcoin as a financial instrument, indicating inside knowledge of the banking industry.

what

Bitcoin is just the clever but natural progression from previous cryptographic cash systems like b-money. The cypherpunks mailing list had long been interested in making more decentralized cryptographic cash systems along those lines. The fact that one of them finally combined the right cryptographic primitives in the right way to make such a system is hardly a sign of any insider knowledge or outside influence.

The creation of Bitcoin was by someone who had been following the cypherpunks' progress in the area for a long time, and finally noticed a clever way to combine standard tools to get the job done. There's certainly nothing superhuman about it. It hardly looks like a problem that was solved by a government throwing money and a team of pros from out of nowhere at it.

1 comments

Governments are not superhuman either. I am not talking specifically about the difficulty of writing bitcoin, but the collection of circumstances along side that.