Chapter 2
The Journey is Greater than the Destination
Once in a blue moon, as they say, everything lines up just right. And with the stars aligned just right, one can see remarkable things. This story is just that. An alignment so unlikely, even I wouldn't believe it, if I hadn't lived it myself. Just as the earth being the right distance from the sun at just the right time to sustain life, by some happenstance or destiny perhaps, I too was “in the sphere” at just the right time and distance. Any closer and I wouldn't have likely been entrusted with certain information and any more distant I wouldn't have known certain information. It’s that sweet spot alignment that enabled me to assemble and place the pieces to the puzzle together.
Like the story of any great treasure hunt, how the treasure got there is often of greater interest than the treasure itself. The person behind the curtain that is Satoshi Nakamoto, is one of great interest to many including myself. How did this person come to utilize the fundamentals of blockchain... was anyone else really thinking about it? From what we know, the idea of a digital currency was not really new at the time and probably lots of people were mulling over the idea given credit cards and their limited security and other challenges. One could certainly make purchases from many places in the world without having the physical currency in their hands.
However, in general terms, there are security concerns and a whole host of other problems with methods, particularly when viewed on an international and global basis. Having the ability to exchange at a rate agreeable to both parties and do it independent of another third party certainly would be favorable if widely used and done globally. No fees, in a secure way anywhere. But how to achieve this? This is a great question and worthy of someone’s pure devotion to solving this problem. How to remove the typical bank which would only add fees and other interference and with more areas where security could be breached. It needed to be done in a way where those two parties exchanging at an agreeable means would do so in a trusted manner. It needed outside and independent verification of the transaction but not the interference. Hence the concept of using a blockchain was born to aid in these currency transactions. It would be this verification or "proof-of-work" as it would come to be known.
Proof-of-work would provide undeniable verification of each transaction by having enough independent outside points of confirmation that could not be altered. Hence, solving many problems of security, transaction ease, minimal if any transactional costs, and universal acceptance across a very diverse and varied globe of nations. Yes, the blockchain and proof-of-work solved many of life’s concerns with regards to currency and transacting. The only question that remained is would it be accepted and adopted as the sole means of currency across the globe and in what time period would such an adoption occur? Given this would be many years in the making, the journey certainly would be of interest to anyone initiating this and that would include the person that is Satoshi Nakamoto. More to come on this.