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Blockchain technology is about to transform every trust-based interaction of our lives, from financial services to identity, from health care to our Internet of Things devices. In this podcast, host Laura Shin talks with industry pioneers across tech, financial services, health care, government and other sectors about how the blockchain and cryptocurrency will open up new opportunities for incumbents, startups and everyday people to interact more efficiently, directly and globally.

Aug 11, 2020

Aaron van Wirdum is the technical editor at Bitcoin Magazine. Finn Brunton is the author of “Digital Cash: The Unknown History of the Anarchists, Utopians, and Technologists Who Created Cryptocurrency.” In this episode, they tackle the history of digital currency. Topics include:

  • the motivations behind the earliest attempts to create digital currencies, and who was behind those attempts
  • the Extropian philosophy and how digital currency was born out of it
  • how the cypherpunks came together and eventually began implementing tools that would lead to the creation of digital currencies
  • the problems faced during the development of digital money, from double-spending to privacy, centralization, and spam
  • the development of a public key protocol and why it was so significant
  • the characteristics of earlier forms of digital currency like e-cash, hashcash, b-money, and bit gold, as well as their differences
  • the original purpose of proof-of-work and how it was developed
  • Hal Finney’s essential contributions to the creation of earlier digital currencies, and later, Bitcoin
  • previous implementations of blockchain and how Bitcoin came to reinvent and utilize it
  • which previous digital currencies come closest to Bitcoin
  • and who they think Satoshi Nakamoto is … 

 

Thank you to our sponsors! 

Crypto.com: https://crypto.com

 

Episode links: 

Aaron Van Wirdum: https://twitter.com/AaronvanW

Finn Brunton: http://finnb.net

 

Digital Cash: The Unknown History of the Anarchists, Utopians, and Technologists Who Created Cryptocurrency: https://press.princeton.edu/books/hardcover/9780691179490/digital-cash

 

Aaron's Bitcoin magazine series on the early days of digital currency: https://bitcoinmagazine.com/articles/genesis-files-how-david-chaums-ecash-spawned-cypherpunk-dream

https://bitcoinmagazine.com/articles/genesis-files-hashcash-or-how-adam-back-designed-bitcoins-motor-block

https://bitcoinmagazine.com/articles/genesis-files-if-bitcoin-had-first-draft-wei-dais-b-money-was-it

https://bitcoinmagazine.com/articles/genesis-files-bit-gold-szabo-was-inches-away-inventing-bitcoin

 

Aaron on What Bitcoin Did discussing the stories: https://www.whatbitcoindid.com/podcast/the-beginners-guide-to-bitcoin-part-3-bitcoins-pre-history-and-the-cypherpunks-with-aaron-van-wirdum 


Breaker Mag Interview with Finn Brunton about his book: https://breakermag.com/new-book-reveals-cryptos-radical-origins/