In this famous paper, Satoshi Nakamoto briefly discussed how to realize a complete peer-to-peer electronic money system without financial institutions.
However, he didn't make it clear why he did it. However, when we think of this famous saying engraved on the first bitcoin section forever by him: "Times 2009 1 March 3, the Chancellor of the Exchequer was on the verge of a second bailout for the bank. The Chancellor of the Exchequer is on the verge of a second bailout for banks ",and we can't help thinking deeply:
In fact, the history of modern human financial institutions, or in other words, banks is not long. The word "bank" in English comes from the Italian word "BanCa", which originally means a bench used in trading. The embryonic form of modern banks originated in Venice, Italy in the13rd century. Of course, almost at the same time, in the Far East, in the Song Dynasty in China, banks and banks with usury and interest-free deposits also appeared.
It was almost a natural process for gold and silver to become recognized currencies all over the world. Remember Marx once said:
However, since the establishment of banks, bankers are delighted to find that the silver notes they issue are almost equivalent to gold and silver, and they also play the role of money. Therefore, with people's trust in banks as financial institutions, bankers can make money out of thin air. As long as you don't change your bank notes into silver at the same time, a bank with 65,438+20,000 taels of silver can issue 1 100000 taels of silver notes, 10000 taels for depositors and 10000 taels for their own use! Even more! ! !
We can summarize the development of this story:
Although, the right to coin was later taken over from private banks and handed over to the central banks of governments. But how does the central bank do it? Let's not talk about the stupid behavior of the stupid Kuomintang government to issue legal tender to self-destruct the economy (1937 100 legal tender can buy two cows, 1945 a fish, 1948 two grains of rice, and of course 1949 will be completely abolished). Let's look at the cows in the world economy today.
Therefore, in 1933, an ounce of gold is worth $20; 1944, one ounce of gold is anchored at $35 until August 197 1,15; 1973, an ounce of gold broke through 100 USD; 1975, one ounce of gold is about 150 USD; 202 1, an ounce of gold has exceeded 1800 dollars! From 1933 to 1944, the American people were forced to pay nearly twice the price at 10, and finally the dollar became the world currency; Then from 197 1 to today, 50 years, 50 times!
Now everyone knows where the rice and vegetables of the Wangs come from. But, so what? After all, the world can't live without financial institutions, and it can't live without the biggest and most cattle, making do with the king who is not too outrageous. Why don't you let him eat these rice and vegetables?
But as a cryptographer and programmer, Mr. Satoshi Nakamoto obviously has a different view. When he registered and published the paper Bitcoin: Peer-to-Peer Electronic Cash System on the P2P Foundation website, his birthday was 65438+1April 5, 975. Now many people speculate that writing this date must have special significance!
So, in a word, we need to remember that Satoshi Nakamoto invented Bitcoin to realize a complete peer-to-peer electronic money system without going through financial institutions.
This is also the driving force behind the birth of the entire blockchain world.
What Mr. Satoshi Nakamoto thought at that time, now none of us can know exactly. However, this "sociological financial experiment" initiated by Suohe has been in full swing for 10 years. ...
& lt to be continued >