Crypto in 1997

[Anonymous No.55319024]

LETS TRY THIS AGAIN the Jannies keep deleting this thread but i genuinely want to know about crypto back in 1997.

https://www.youtube.com/watch?v=WekiRl16Oug&t=133s

what is this Psyche-Ward escapee going on about? and where can I invest?

[Anonymous No.55319172]

>>55319024
Dude, I was buying stuff with Bitchips in 1995.

[Anonymous No.55319375]

>>55319172
but how would this tech work? Its pretty fascinating was it really primitive p2p shit? like both users HAD to be online at the same time?

[Anonymous No.55319420]

>>55319375
They worked until their creators (((suicided.))) There are lots of schemes to defeat byzantine users trying to double-spend or subvert the network or whatever. Satoshi's real genius was timing and marketing causing a rapid enough decentralized growth of the BTC network that (((they))) didn't have the option to just quietly bury it the way they had everything else.

[Anonymous No.55319486]

Bump for more info

[Anonymous No.55319524]

>>55319420
Because they made it...

[Anonymous No.55319648]

>>55319420
MOAR TELL ME MOAR

or where can I research this shit? would Cypherpunks forums have archives with this info for me to look into?

[Anonymous No.55319942]

>>55319648
The best project from that era that was resurrected in web3 is David Chaum's work. Genius dude. He invented 'digicash' back in the day. Didn't get murdered, but was very strongly told off by the IC. So after bitcoin boomed he started 'Elixxir' and 'Praxxis.' Website:
>xx dot network

[Anonymous No.55320069]

>>55319024
>1997
NSA paper from 1996: https://groups.csail.mit.edu/mac/classes/6.805/articles/money/nsamint/nsamint.htm
>even talks about the "double spend" problem

Interesting to note is that there's a "Tatsuaki Okamoto" there. Not only does Okamoto sound similar to Nakamoto, but if you rearrange the letters a bit you can get pretty close to Satoshi Nakamoto.

TATSUAKI OKAMOTO
SATO__I _AKAMOTO (discarded: T, U and K)

The extra needed letters are S, H and N.

The NSA created SHA 256, which Bitcoin uses.

S and H can be found in "SHA 256".
Remove S and H from "SHA 256" and left is "A 256".
A is the 1st letter of the alphabet.
So "A 256" equals "1 256".
1+2+5+6 equals 14.
The 14th letter of the alphabet is N.
So "1 256" equals N.
So, "SHA 256" = SHN <--- the extra needed letters missing in "SATO__I _AKAMOTO".

[Anonymous No.55320166]

>>55319024
Praise Bob. Based RAW poster

[Anonymous No.55320200]

>>55320069
esoteric frog poster...my brother

[Anonymous No.55321189]

>>55320069
Based Agent 0069, I also came to this conclusion many years ago due to the RAW connection