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It's really mind blowing how many parallels could be drawn between the Orwell's dystopia in "1984" and the world we currently live in.
I wonder if this book could have somehow inspired Satoshi for the creation of #Bitcoin.👇
The concept of the immutable distributed ledger, which is a key feature of bitcoin, was invented by Satoshi. The idea behind this technology is to create a secure and transparent way of storing and recording information that is resistant to tampering and manipulation.
In this sense, the immutable distributed ledger can be seen as a tool to prevent the type of historical revisionism that Orwell warns about in his novel.
The quote "he who controls the past controls the future" is a famous line from his novel "1984". In the novel, the totalitarian government uses its control over the historical record to maintain its power and manipulate the population.
In contrast, Bitcoin is designed to be resistant to censorship and control by any single entity. The decentralized nature of the Bitcoin network means that it is not controlled by any single person or organization.
It is practically impossible for anyone to censor or manipulate transactions/records on the network with the current computational means. This is one of the key advantages of using Bitcoin, as it allows for greater freedom and autonomy for users.
But what about the individual property rights? In George Orwell's novel 1984, the government strictly controls all property and does not allow individuals to own anything other than some small belongings and the "few cubic centimetres in your head" (your private thoughts).
Again, Satoshi invents a way for people to store, move and access their wealth by simply remembering their seed phrases. This can be seen as the ultimate form of property rights, as it allows individuals to control their wealth in a way that is not possible with traditional fiat.
When individuals are able to manage their own financial resources and make their own decisions about how to use them, it can empower them to take control of their lives and pursue their own goals and aspirations.
This is something we desperately need in this day and age. A sense of purpose and personal responsibility. A way to speak without fear of censorship or arbitrary cancellation. A means to prevent theft of the fruits of your own labour. Bitcoin is all of those things.
I just wonder, has Satoshi really thought that far ahead? Has he given us the greatest gift of our generation? And what other parts of his plan have we not yet perceived... 🤔
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hodlonaut @hodlonaut1 · Dec 9, 2022
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Great thread