Oscar Wilde once wrote, “History is merely gossip.” In many ways, this is correct, as historical accounts of what has transpired are often the stories as prepared through the writer’s eye and are, in some cases much more subjective than objective. Many “truths” about history have already been proven to be completely false and based on certain beliefs at the time.
Satoshi Nakamoto wrote about the truths and misconceptions attributable to writings on what has transpired before, emphasizing how Bitcoin can make it virtually impossible to relay anything but the actual facts of what is actually happening. Dr. Craig Wright discusses Satoshi’s writings in a new blog post and reiterates the Bitcoin founder’s ability to envision the future and see what would be needed to make the world a better place.
Satoshi was a studier of the Tokugawa form of government, which is a ruling system that relied on decentralization to prevail. Compared to Tokugawa, oppressive government systems prevent popular intellectual innovation and societal development. Tokugawa was also at the heart of some of the most massive growth and expansion periods in history.
Wright explains, based on Satoshi’s foresight, “Nakamoto delivered the thesis that true history was altered time and time again by those seeking to constitute what they saw was pure origin based on their own philosophy. The reconstruction through a series of overlays and changes leads to something radically different. The only stable part of history that Nakamoto noted was one of self-promotion and bragging.”
This can be proven through verifiable sources, including religious material that has been shown to change based on the writer’s perspective. Any time change is allowed but isn’t allowed to be audited, someone is going to exploit that vulnerability to further his or her own agenda.
Wright adds that he is attempting to bring order to more than just currency through crypto. He explains, “Bitcoin is a system that creates an ordered and structured history, one where changes can occur; but within the system, if exchange occurs, the nature of the change is recorded. In Bitcoin, we have the answer to Nakamoto’s history and his dilemma and problem.”
The blockchain allows for a completely immutable record of events, whether it be the creation of a contract, a month-long symposium on world hunger or the amount of money politicians receive through contributions. Storing data on the blockchain makes it impossible for anyone to appear later and try to alter the events or assert that what transpired didn’t take place – it’s all there and can easily be verified at any time.
New to Bitcoin? Check out CoinGeek’s Bitcoin for Beginners section, the ultimate resource guide to learn more about Bitcoin—as originally envisioned by Satoshi Nakamoto—and blockchain.