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Satoshi had a dream: Bitcoin and the digital future

By Isaiah Jackson

Editor’s note: The opinions expressed here are those of the authors. View more opinion on ScoonTV.

This past weekend, America celebrated Martin Luther King Jr. and his legacy. In 1963, MLK presented the famous “I Have a Dream” speech during the March on Washington. This iconic speech inspired the audience and generations afterward to build a world that focuses on equality, unity, and hope.

Satoshi Nakamoto also had a dream. 

A dream that could revolutionize the way we view money, trade, and even the very structure of our economy. In the same way Martin Luther King Jr. dreamed of a world where people could be judged not by the color of their skin but by the content of their character, Satoshi envisioned a world where money could be free from the control of any centralized authority. In this world, individuals could make their own financial decisions and be in full control of their own wealth. With this vision, Satoshi sparked a revolution that is still unfolding. 

By introducing Bitcoin, he has given us the tools to build a more equitable and secure financial system. He has inspired a new generation of entrepreneurs and investors to challenge traditional financial institutions and take a stand for economic freedom. 

“I say to you today, my friends, that in spite of the difficulties and frustrations of the moment, I still have a dream.” – MLK, I Have a Dream speech 

In October 2008, Nakamoto published the Bitcoin whitepaper, the “I Have A Dream” speech of the cryptocurrency world. 

In spite of the difficulties of the global recession, Nakamoto still envisioned a world where digital money would not be tied to the greed of humans but rather to the accuracy of math and the privacy of cryptography. 

During the economic crisis of 2008-2009, Satoshi published the whitepaper and mined the first block of transactions. The block contained the message, The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.” This is a clear indication that during the most difficult economic times in the United Kingdom and abroad, Satoshi knew this financial system was unsustainable. A change needed to be made. Nine days later, he sent the first transaction of 50 Bitcoins to accomplished software developer Hal Finney (RIP) and the Bitcoin revolution began.

“We refuse to believe that the bank of justice is bankrupt.” – MLK, I Have a Dream speech 

The bank of justice may not be bankrupt, but the Federal Reserve Bank has been broke as a joke since 1971. The website WTF Happened In 1971 gives a great illustration of the change in our economy when our government removed the US dollar from a gold-backed system to a glorified IOU system. The lack of stability for fiat currency and the constant printing of money leads to rampant inflation and prices of goods and services dramatically increasing. 

However, Bitcoin is a deflationary system. It’s inversely correlated with fiat currency due to provable scarcity and rising demand from global citizens who seek to free themselves from the tyranny of government fiat money. MLK was seeking justice for the racist actions of people in America; Bitcoin is seeking justice from the Federal Reserve for the last decades of economic oppression imposed on us.

The easiest and most effective way to protest is to buy Bitcoin. Take the negative monetary energy of fiat currency and transfer that energy into the fairest and most sound money system ever created. Even if you are lazy as hell and don’t want to march or sign a petition, a couple of easy steps from the comfort of your couch can take away monetary power from the people oppressing the general population. Help stop wars, human rights violations, and outright theft from inflation and unnecessary taxation. 

“I have a dream that one day on the red hills of Georgia the sons of former slaves and the sons of former slave-owners will be able to sit down together at a table of brotherhood.” – MLK, I Have a Dream speech 

The novel “The Creature of Jekyll Island,” called the “conspiracy theory bible” by detractors, details the 1910 meeting of financiers and politicians who met to create the Federal Reserve System that we currently use today. Ironically, this meeting took place on the coast of Georgia. But unlike the vision of MLK, this meeting did not include slaves, only debt slave owners. This meeting and the alleged death of opposition on the Titanic in 1912 led to the formation of the Federal Reserve in 1913.

I have a dream that one day we can realize the synergy of Satoshi and MLK and sit down at the table of brotherhood, whether it is in Georgia or not. The vision of these two great men has one major thing in common; an opportunity to level the playing field for the common man. 

The world I want my future children to live in should have the integrity of Bitcoin combined with the unity of MLK’s message. No matter your race, religion, sex, or cultural background we have to remember that we far outnumber the people who control our finances and with unity, we can achieve this dream. The best part about Bitcoin is that you don’t even have to like a person and they are still your ally if they agree to use Bitcoin instead of the US dollar. 

Satoshi’s dream may not be fully realized yet, but his legacy will live on as a reminder that the power of dreams can shape the future of humanity.

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Isaiah Jackson

Contributor

Isaiah Jackson is the best-selling author of Bitcoin and Black America and the co-host of “The Gentlemen of Crypto”, the longest-running daily show in crypto history. Since 2013, Jackson has taught thousands of students about Bitcoin, cryptocurrency, and blockchain technology.

Twitter: https://twitter.com/bitcoinzay
Website: The Gentlemen of Crypto

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