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The Bitcoin white paper before Satoshi decided to call it "Bitcoin"

The below is probably not the original PDF, however it contains what I and a few others consider to be the original writing (based on review from Wei Dai possibly).

Edit: As confirmed by Gwern this document's source is from another fake Satoshi. As it was emailed to me anonymously from someone that keeps sending me stuff like this anonymously (possibly an encounter I had on a forum or mailing list), the best source to verify such a document would be from the people who have already done some research on this. Have a read on Gwern's page about the ecash.pdf document and the Nakamot/Dai emails

If Bitcoin is better than fiat why is adoption slow?

Bitcoin adoption is not slow. On the contrary a few million people use it just after 9 years after it was introduced. The people actually love the idea of Bitcoin, but they're scared to have to store Bitcoin for themselves. Even with all the bank scandals in the world, even with the Cyprus haircut and the Greek capital controls, the people still prefer to have the bank handle their money.

In a sort of sense they are right. It is difficult to handle fiat currency safely and securely. If one has $50,000 in savings, it's not considered the safest bet to store them at home, even in an unbreachable vault. For what it's worth, for $50,000 thieves are willing to break the wall surrounding the vault and carry the entire vault with them until they can find a way to open it. Similarly, the other kind of thieves -banks and politicians-, can simply pass a law that decides that all deposits bigger than $5,000 will be used to bailout the bank institutions or the government. Magically i…

About this site

I'm a politically minded hacker. I like, follow and try to be involved in the cypherpunk movement. I have been involved in cryptocurrencies since 2011, small-time mining and trading, as well as coding on altcoins and some bitcoin APIs. At the end of the day, I think that cryptography can enable our civilization to thrive as private individuals or private groups of individuals. It can not only allow us to put out our thoughts freely without having to worry about government oppression or oppression by anyone else. Even for communities that cannot freely exercise their human rights, they can use cryptography to move messages of freedom within their people, support revolutions and organize the unorganized masses against oppressive regimes.

Cryptography is our way out. Where progressivism and conservatism fail on the moral and economic nature of the 21st century, technology and cryptography provide a way out of these archaic thought methods that define our political realm in a dogmati…