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Hello.
I'm new to the forums but have been contemplating digital currency and micropayments since 2009. After almost a year of independent thinking somewhere around 2009. in which I've thought on my own on how to best design a open source system for managing and accounting digital currency I did a thesis about "virtual money" in which I designed a database schema for generic virtual currency accounting. I was even considering to put it online, not knowing about Bitcoin yet!
During that time, I've come to the central realization that "virtuality" of any currency should best be considered as some "inverse measure" of the proportion of it's acceptance. In other words, the "virtuality" could perhaps best be thought of as an indicator of the level of global unacceptability of a currency. If you understand that, you come to understand that virtuality in that sense is somewhat superfluous, old fashioned and soon probably to be obsolete.
Some two months after defending that thesis I've come to realize that probably the ultimate way to bootstrap a digital decentralized currency is through what is now known as world wide shared transactional database we now call Bitcoin. This realization came to me months before I actually discovered actual Bitcoin already existing and embodying that very same idea, which was relatively late in the spring of 2011. It's very hard to tell if I actually independently came up with that idea before discovering Bitcoin since my subconscious could have very easily picked the gist of idea from the web. I think I may probably be one of the last people to research the Wikipedia article about virtual currencies in Wikipedia without it mentioning Bitcoin. Since I was focusing on technical aspects and learning about database theory I obviously missed stumbling upon Bitcoin community already existing then in 2010. Pity.
The general idea of cryptocurrency is as old as cyberpunk itself, if not older. I strongly believe that if Satoshi didn't invent it, someone else would, sooner or later. But what "Satoshi" did was solving the hard problems of realizing that simple idea and that suggests he was years ahead of everyone else. Whatever his true motives, whoever or whatever he is, he has great respect from me.
I'm new to the forums but have been contemplating digital currency and micropayments since 2009. After almost a year of independent thinking somewhere around 2009. in which I've thought on my own on how to best design a open source system for managing and accounting digital currency I did a thesis about "virtual money" in which I designed a database schema for generic virtual currency accounting. I was even considering to put it online, not knowing about Bitcoin yet!
During that time, I've come to the central realization that "virtuality" of any currency should best be considered as some "inverse measure" of the proportion of it's acceptance. In other words, the "virtuality" could perhaps best be thought of as an indicator of the level of global unacceptability of a currency. If you understand that, you come to understand that virtuality in that sense is somewhat superfluous, old fashioned and soon probably to be obsolete.
Some two months after defending that thesis I've come to realize that probably the ultimate way to bootstrap a digital decentralized currency is through what is now known as world wide shared transactional database we now call Bitcoin. This realization came to me months before I actually discovered actual Bitcoin already existing and embodying that very same idea, which was relatively late in the spring of 2011. It's very hard to tell if I actually independently came up with that idea before discovering Bitcoin since my subconscious could have very easily picked the gist of idea from the web. I think I may probably be one of the last people to research the Wikipedia article about virtual currencies in Wikipedia without it mentioning Bitcoin. Since I was focusing on technical aspects and learning about database theory I obviously missed stumbling upon Bitcoin community already existing then in 2010. Pity.
The general idea of cryptocurrency is as old as cyberpunk itself, if not older. I strongly believe that if Satoshi didn't invent it, someone else would, sooner or later. But what "Satoshi" did was solving the hard problems of realizing that simple idea and that suggests he was years ahead of everyone else. Whatever his true motives, whoever or whatever he is, he has great respect from me.
Welcome I think you will be able to contribute to the community greatly!
Live or dead sand dollars you pick!
