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LINKS FOR ADDITIONAL READING FOR THIS VIDEO & ALL INFO IN TEXT DOWN BELOW

Satoshi Theory: https://cointelegraph.com/news/who-is-satoshi-the-hal-finney-dorian-nakamoto-connection
Hal Finney: https://en.wikipedia.org/wiki/Hal_Finney_(computer_scientist)
Hal’s Post on BitcoinTalk: https://bitcointalk.org/index.php?topic=155054.0
Finney’s Outlook on Life: https://www.wired.com/2014/08/hal-finney/

Hal Finney is a person who I hope will be remembered for his contributions towards creating privacy solutions for all.
He was a computer scientist who began his career developing console games and then was brought on by Phil Zimmerman to help develop for the PGP Corporation. PGP standing for Pretty Good Privacy.

My last video was a brief introduction to the Cypherpunks and what they were all about. These individuals were able to communicate through anonymous email interactions. Hal played a big part in creating this type of messaging protocol and a big part of the Cypherpunks movement.

There has always been a lot of speculation around the true identity of “Satoshi Nakamoto”. Some people think that Hal Finney was actually the real Satoshi even though Hal always denied this. There *was* a man named Dorian Nakamoto (Originally named Satoshi) who lived right down the block from Hal, but he has also always denied any ties whatsoever to what he called the “Bitcoin Company”. Bitcoin of course is not a company, rather is just a network of decentralized servers that maintain a distributed ledger. But anyway, back to this theory, this man Nakamoto had actually suffered quite a financial loss during the 2007/2008 financial crisis. One could say that this Satoshi Nakamoto fellow is a perfect representation of the individuals who could benefit from the system that is the Bitcoin network.

I actually quite like this theory because at this point, after this network has grown to the size and scale that it has achieved, is it really important to identify Satoshi Nakamoto? Isn’t it instead better to think that Satoshi represents all of us who want to see an autonomous, independent solution to the old systems of centralized control and authority? We can argue all day about whether or not the Bitcoin of today has stayed true to the vision that its creator had at its inception, but it’s grown far outside of any one person’s control. Which is the whole point right? This is the first time you can actively participate in a system that was designed to facilitate your own input. You can run a fully validating Bitcoin node and be a part of the network. You can help to further decentralize and ultimately strengthen the network. You will have a say on how your transactions are done based on how you set it up.

Hal Finney suffered from ALS, a disease which I’m all too familiar with as my own grandmother shared the same diagnosis. ALS just sucks. It slowly paralyzes the body and the average life span after diagnosis is about 2-5 years. Hal was diagnosed in 2009 but as this disease slowly took his mobility, Hal continued to code thanks to his equipment that could read his eye movements. He even designed software that would allow him to maneuver his wheelchair with his eyes also. Sadly, he eventually passed away in 2014.
As a man who was always open to the future, and never felt threatened by innovation it should come as no surprise that he chose to be cryogenically frozen in the hopes of being reanimated in the future when technology would allow for his body to be made whole again.

Hal’s life has ended but his story is one worth sharing and learning from. I encourage you to dig deeper into all that he’s contributed towards encryption and providing ways that we can all use to ensure our own privacy and let’s take a page out of his book and always be inspired by innovation, not fearful of it. This entire movement has deep roots in establishing ways that can guarantee your own autonomy if you want to pursue it, don’t be afraid to take part of and be inspired by the innovation.

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45 COMMENTS

  1. Nice 🙂 I also spent a few hours trying to find out who Satoshi Nakamoto is.
    "Its a" interesting "coincidence that Hal Finney lived close to Dorian Satoshi Nakamoto and Nick Szabo asked for help coding bitgold, which is an almost identical system to bitcoin, the year before bitcoin was release"
    Satoshi Nakamoto can also be a contrived name from Tatsuaki Okamoto and Satoshi Obana. These are two actual Japanese cryptographers. http://groups.csail.mit.edu/mac/classes/6.805/articles/money/nsamint/nsamint.htm a paper for NSA… from 1996.
    Satoshi Nakamoto also have the same inicials as Nick Szabo 😛
    Greetings from Portugal! 🙂

  2. Crazy! I can't believe that i have been in Crypto for almost 4 years now and had never heard about his guy, Thankyou so much for such a great share .. Subbed. 🙂
    To even think that, this guy was part of the start of revolution, feels so awesome. We have come so far now all thanks to these guys. From BitCoin to super privacy coins now ..Hope there will come a day when Bitcoin and privacy coins like Monero & DeepOnion would be ruling the world.
    Thanks for the share again.

    Ps: The one dislike on this video is probably from the self proclaimed Satoshi Dr dr craig wright

  3. I appreciate hearing some of the history – it's interesting and a little different than what other channels are doing. Thanks for that. If you are looking for an idea to research and discuss for the future, please consider Bitmain. I don't know much about the entity but it's been said that they are a growing risk to Bitcoin even if just because they manufacture the ASICs, have large farming operations, etc. Would love to get another take… a real issue or just FUD, in your view?

  4. who ever Satoshi was is not important but this person or persons held a lot of Bitcoins that were never accounted for if it ever hits the exchanges it would not be good…

  5. Cool! I always thought that 2008's crisis inspired Satoshi to think about Bitcoin 🙂
    I really like your videos and I'm curious if you can make a review about anonymity coins, which are get more popular now, because of too high attention to Bitcoin and crypto-market.

  6. Fascinating history: )So sorry to hear your grandmother had ALS :(((. Let's be positive that blockchain and medical innovation from this technology will cure many medical conditions and allow data to be shared effectively.Are you Canadian? Love your channel and travel. Thank you!

  7. Great one! 🙂 Even yesterday I was reading about Hal. It´s great that you are reporting the roots of the movement! Keep on! Ps – I was convinced you were in Portugal but this last background seemed taken from other place. If you re living in pt there are some blockchains events starting to show up in Lisbon. 🙂 You can track them through fb or if not just drop me a msg. Cheers and again keep it up!

  8. Yup, it’s me again your BIGGEST little fan the JuicyVeganDwarf haha

    I love vids about the roots of crypto, cypher punks, Hal Finley and the history of it all. I spend some time reading up a little on these things too. It fascinates me how far we have come but still have barely scratched the surface. You are making me feel all deep so I think I am going to watch some video on YouTube from Isaac Arthur. They always satisfy my inquisitive side.

    Thanks for the vid, have a good day ?

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