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10 years from Bitcoin

2019-10-01T22:17:22.027Z

■ Singularity Japan Virtual currency (cryptographic assets) has gained experience in the global financial crisis and has shown the possibility that technology will secure credit on behalf of the state. It has been over 10 years since the engineers dreamed of democratizing money. "new…



Cingularity Japan

Virtual currency (cryptographic assets) has gained experience in the global financial crisis and has shown the possibility of technology securing credit on behalf of the state. It has been over 10 years since the engineers dreamed of democratizing money. “New money” is about to enter the next stage. (Watanabe Yuuki)

Singularity: The timing at which technology advances until artificial intelligence (AI) exceeds humans. It may also mean that society is undergoing an accelerating change. With change, “invisible rulers” are beginning to appear in the world.

"I can trust more than humans"

A new protagonist appeared last year in the plaza, where the statue of Lenin once symbolized a communist state. “Satoshi Nakamoto” appears when you hold your smartphone over a vacant pedestal in the center of Kiev, the capital of Ukraine.

"A man who changed the world." Andrey Moroz, co-founder of a company that created an augmented reality (AR) app inspired by Satoshi, says: There are many people who see Satoshi as a hero in this city where virtual currency related services such as automatic teller machines (ATMs) and payments in the market are spreading.

Satoshi is the pseudonym of the inventor who published a paper proposing virtual currency bitcoin on the Internet in 2008. Whether it is Japanese or not is still unknown, but the idea was supported by programmers around the world, and the world's first virtual currency was born.

Unlike legal currencies issued by central banks, Bitcoin has no issuer. There are no supporting assets. There are no “substances” such as banknotes or coins. So what did Satoshi entrust to Bitcoin?

It is a blockchain (min…

Source: asahi

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