Genesis Block: what did Satoshi Nakamoto want to teach us?

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03/01/2009 one or more computer hackers under the pseudonym of Satoshi Nakamoto release the first block or block of the genesis of what would become the digital currency par excellence, namely bitcoin.

The message within the genesis block was very clear and left no room for interpretation: "The Times 03 / Jan / 2009 Chancellor on the verge of the second bailout for banks" or translated into Italian "03 / Jan / 2009 Il Chancellor on the verge of the second bailout of the banks ”.

What did Satoshi Nakamoto meant to say with this message? in the midst of the second biggest global financial crisis after that of 1929.

We start from simple and banal interpretations; in a normal world, banks should be saving humans and not vice versa. Instead we all know and know the story very well, in 2008 due to the crisis triggered by subprime mortgages, it was the banks that were rescued again with public money. In a normal world, those who make mistakes should respond responsibly for their mistakes. Unfortunately, nothing has happened in the last financial crises, indeed the worst thing is that many of those actors who at the time in 2008 had keys and therefore can be held directly or indirectly responsible for the financial cataclysm caused, yes gentlemen, they remained to the usual positions with important roles without any recognition of responsibility. Finally, in a normal world we should act to create well-being for the community and not only look at our own or the interests of the society we work for, in 2008 as in all the financial crises that have erupted to date, the element that unites all these crises is the betrayal of trust and the bad faith of the human being.

So Satoshi Nakamoto with that message of few words wanted to shed light on a problem that has now been unsolved for millennia, namely the trust between human beings or rather the systematic betrayal that occurs in the same between human beings. The causes are certainly the bad faith of the human being but also his very nature of being imperfect. Bad faith and its very nature that lead to real financial cataclysms like that of 2008 and that lead him to not take any responsibility.

Bitcoin therefore was born in the midst of the greatest financial crisis after that of 1929, with a message of hope for all humanity, and through Blockchain technology it tries to eliminate those inefficiencies that I have listed above. A public register is created where you can record any type of data, which is shared and completely secure and above all decentralized. Decentralization becomes Satoshi Nakamoto's answer to the current financial system characterized by centralization, where very few big players create and change the fate of the world as they please.

Finally, I laugh and sincerely also feel anger towards those who speak of bitcoin as the ultimate evil, as the digital currency for drug traffickers, because its creator has sent a message of hope that should make us all proud and above all proud.

 

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