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Free Markets Don’t Create Free People: Bitcoin’s Tech Success Masks Its Failure

Published 01/26/2019, 05:30 AM
Updated 01/26/2019, 05:37 AM
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James Bridle is a writer working across technologies and disciplines and author of "The New Dark Age: Technology and the End of the Future." His work can be found at http://jamesbridle.com. The following work will appear as an introduction to "The White Paper by Satoshi Nakamoto" to be published by Ignota Books.

For more on bitcoin’s 10th anniversary, check out our new interactive feature Bitcoin At 10. -------------

It’s difficult to know when humans first started securing or ‘encrypting’ messages to hide them from unwanted readers; the practice must, by human nature, be almost as old as written language, although examples are sparse. We know, for example, that Julius Caesar used a simple form of letter substitution to communicate with his generals, shifting each character three steps down the alphabet in order to scramble it.

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