The Beauty of Bitcoin

Lost Interview #4 from our Big Book of Crypto… December 31, 2021 [UNSUBSCRIBE]( | [WEBSITE]( [Altucher Confidential] “For me reading the Bitcoin white paper for about the fifth or sixth time, I had a gnostic moment. I’ve never appreciated a work of genius before.” [HERO IMAGE] The Beauty of Bitcoin By Chris Campbell Attention! Before You Read Any Further… [Read more here...]( Hey, it’s James. Before you read any further in today’s issue, an urgent situation needs your immediate attention. If you don’t plan on claiming this upgrade to your Altucher’s Investment Network subscription, you’re missing out on a huge opportunity. Right now is your chance to grab one of the biggest (and most valuable) upgrades our company has ever made to a newsletter. I’m taking Altucher’s Investment Network to an entirely new level and I’d hate to see you left behind. [To see how to claim your upgrade, just click here now.]( It’s cold outside. The family is huddled together… waiting for the new year… Hoping it’s not as crazy as the one we’re leaving. And though our offices are empty… We would never leave you empty-handed. All week, we’re sharing our lost crypto interviews from 2017, now published in our Big Book of Crypto. [IMG 1]( (The interviews got lost when I almost got squished like a bug by a boulder in Guatemala. I go into the story in the book. If you haven’t yet claimed your copy… [click here.]( Today, we present to you an interview with old school cryptonaut Arthur Falls… all about the beauty of bitcoin. Urgent: 80% “Dow Drop” predicted! Weird demonstration by an ex-CIA insider proves the worst Possible outcome for America [Click here for more...]( ***Warning: Viewer Discretion is Advised*** A pitcher of water, a sponge… And the [most frightening 3 minutes]( of your life. If what this former advisor to the CIA and Pentagon just demonstrated LIVE on camera is correct… It means we are just days away from one of the [biggest market corrections]( of our lifetimes. One that could send the Dow plummeting by 80% or more practically overnight. If you have money in the markets you need to protect, or you’ve been worried that something bad was on its way. Then you need to [watch this video]( NOW. Because after January 12th at exactly 8:31 a.m. it might already be too late. The Beauty of Bitcoin Arthur Falls is the director of communications at DFINITY and the host of the Third Web podcast Chris Campbell: Obligatory question: How did you get into cryptocurrency and why have you chosen to devote so much time to this space? Arthur Falls: I first heard about Bitcoin in 2011 and had planned to build a mining rig but like so many people decided to direct my attention toward more sensible pursuits. In 2013 a few factors came together to reignite my interest. Firstly, the Let’s Talk Bitcoin podcast gave me access to a number of amazing guests through the capable journalistic lens of Adam B. Levine, who recently founded the Tokenly blockchain consultancy. Secondly, due to a labor glut in the city I was living in at the time, Melbourne, I experienced an extended period of unemployment resulting in plenty of couch time with a laptop. The Silk Road was exploding in popularity back then and I was amazed at how technology could enable such brazen and audacious civil disobedience. The Onion Router (Tor), which enables truly anonymous browsing of the internet, and access to the Silk Road before it was shut down, was originally developed by the U.S. Navy Research Laboratory and further advanced by DARPA. The code has been public and funded by the Electronic Frontier Foundation since 2004. It’s worth dwelling on the bizarre reality that for TOR to work, it needed to be populated with noise traffic. It’s not unreasonable to presume the technology was deliberately released to the public so that services like the Silk Road would emerge, allowing the masking of U.S. intelligence communications. Bitcoin itself has an inverted origin story. It went live in 2009 but the technology can be traced back to a 1985 paper by David Chaum: “Security Without Identification: Transaction Systems to Make Big Brother Obsolete” and a 1993 paper by Cynthia Dwork and Moni Naor: “Pricing via Processing or Combatting Junk Mail.” In fact, by 1990 all of the technology needed to develop a Bitcoin-like system existed and a shadowy anarchist/libertarian-minded group of mathematicians called the cypherpunks were working to do just that. It just took a long time to materialize, and the relatively untold story of their tremendous labor, and despair at apparent failure, is both heartbreaking and inspiring. For me reading the Bitcoin white paper for about the fifth or sixth time, I had a gnostic moment. I’ve never appreciated a work of genius before. Classical music to me is just a bunch of violins, poetry that doesn’t rhyme is just bad prose but Bitcoin was and is a work of mechanical beauty and elegance that puts a lump in my throat and stirs me to the core. In order to salvage what felt like a wasted effort, I began the Beyond Bitcoin podcast in early 2014. This year there was a huge amount of work being done to apply the breakthrough of Bitcoin to problems other than an unbacked unit of value. This appealed to me. While I find Bitcoin beautiful, deep down I didn’t and don’t expect it to succeed, although reasoning out success or failure for Bitcoin is very complicated. CC: Looking into the future, what are you most excited in general about in the cryptospace? What change to the world do you look forward to the most that crypto will bring? [You can find the rest of this interview on Page 248. Don’t yet have a copy? [Click here to claim yours now.]( Regards, [Chris Campbell] Chris Campbell For Altucher Confidential Senior Tesla Battery Engineer QUITS… [Click here for more...]( of Tesla’s senior battery engineers recently QUIT and started his own battery company… And [now he’s filed the patent paperwork for the KEY manufacturing process]( that could revolutionize the entire industry. [Click here for the details about this new tech – it’s all covered under patent application No. 3069168.]( Subsribe To My Podcast [The James Altucher Show]( [The James Altucher Website]( [Subscribe With YouTube]( [Subscribe On Messenger]( [Subscribe With iTunes]( [Connected on LinkedIn]( Add AltucherConfidential@email.threefounderspublishing.com to your address book: [Whitelist Us]( Join the conversation! 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