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All right, I’m gonna talk about Oppenheimer versus Nakamoto.
Oppenheimer – the man, the movie
Oppenheimer, the movie, the latest film by Christopher Nolan, is what you’d expect it to be. It is a mostly historically accurate, brilliantly acted, somewhat unnecessarily convoluted, three-hour epic with stunning cinematography, and a tremendously suspenseful score.
Mexican stand-off and the cold war
So, they decide to blow up two cities in Japan instead, and you all know about these two bombs. Fat Man [dropped on Nagasaki], had an estimated energy release equivalent to about 20 kilotons of TNT, or roughly 84 terajoules. The bomb dropped on Hiroshima, known as Little Boy, had an estimated energy release of about 15 kilotons of TNT, the equivalent of roughly 63 terajoules. These two bombs killed around 210,000 people.
Now fast forward to 2009, the Cold War is over, and the US is printing dollars like mad and they are having a swell time doing so. But some cracks in the world’s monetary system are starting to show. To prevent the 2008 crisis from becoming a full-blown depression, both the Republican and Democratic parties in the US decide that even more money printing is the cure-all for all economic diseases. So, they keep printing like mad, effectively kicking the [proverbial] can down the road, or rolling the snowball down the hill, so that a bigger crash will happen at some point in the future.
Enter Satoshi Nakamoto
A shadowy cypherpunk named Satoshi Nakamoto, or probably named Satoshi Nakamoto, highlights these cracks in the financial system by releasing the Bitcoin white paper. Inscribing the news headline ’Chancellor on brink of second bailout for banks’ into the genesis block of the Bitcoin timechain on the 3rd of January 2009.
Nakamoto’s system introduced a new consensus mechanism to the world called proof-of-work. Proof-of-work is effectively a system where it is more expensive to cheat than to play by the rules. What this allows for is a monetary system with a fixed supply cap that no one on earth can ever tamper with.
The birth of bitcoin
So Bitcoin is now born, and many fear-mongering conformists, for lack of a better word ‘midwits’; they criticize this new consensus mechanism for consuming too much energy. In doing so, they fail to realize the energy usage of the old [Fiat] consensus mechanism of world wars. The Bitcoin network has displaced around 1890 terajoules of energy so far [at time of writing], but that is still less energy than the Tsar Bomba alone displaced. That is a thought to ponder on, isn’t it?
Bitcoin is peace
So it takes a special kind of ignorance to criticize the solution without first understanding the problem; the kind of ignorance that only decades of propaganda can instil into people’s brains, regardless of whether they have an 80 IQ or more. Public schooling, and public media, are what makes us fall for the ridiculous scam that is fiat currency. So imagine what Oppenheimer could have done instead of constructing bombs. If world peace is the goal, the worst thing a person can do is work for a government. Governments are responsible for the worst crimes against humanity… Ever!
Bitcoin is peace.
Thank you.
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