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Category: Gary Gensler

satoshi-versus-the-‘infrastructure-bill’-—-political-permission-not-required

Satoshi Versus the ‘Infrastructure Bill’ — Political Permission Not Required

When Satoshi Nakamoto released the Bitcoin white paper in October 2008, it likely wasn’t with the idea that governments and central banks needed to recognize, adopt, and regulate Bitcoin for everyone’s benefit. To the contrary, if anything can be taken away from that document and the message encoded in the genesis block, it’s that centralized institutions need not have any place in our financial lives outside our freely chosen, express consent for them to do so. Separating Money From the Church of Politics “A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one…

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