As a Cypherpunk and a software developer, I have always been interested in the movement and its vision of privacy, freedom, and digital money. This is why I was intrigued to read this article about the cypherpunks and their views on money.

The article talks about the common misconception that the cypherpunks were looking for a finitely supplied money. The author argues that this is not the case, and instead, the cypherpunks were looking for a money that was not controlled by governments or corporations.

This is a topic that I find particularly interesting because it sheds light on the motivations behind the cypherpunk movement and the creation of Bitcoin. It is well known that the cypherpunks were concerned with privacy and freedom, but the idea that they were also looking for a decentralized monetary system is often overlooked.

The author goes on to explain that the cypherpunks were not looking for a finitely supplied money because they believed in the principles of Austrian economics, which states that money should be a store of value, a medium of exchange, and a unit of account. These principles are not dependent on the supply of money, but rather on its ability to retain its value over time.

I couldn’t agree more with the author’s conclusion. The cypherpunks were not looking for a finitely supplied money, but rather a monetary system that would allow them to have more control over their own financial affairs. They saw the problems with the fiat monetary system and wanted to create a new system that would be free from government and corporate control.

This is why Bitcoin was created, to provide a decentralized monetary system that would allow people to have more control over their own financial affairs. The cypherpunks wanted to create a system that would be free from government and corporate control, and they succeeded with the creation of Bitcoin.

In conclusion, the myth that the cypherpunks were looking for a finitely supplied money is just that, a myth. The cypherpunks were looking for a monetary system that would allow them to have more control over their own financial affairs, and they succeeded with the creation of Bitcoin.

💰 The cypherpunks’ vision of freedom and privacy through a decentralized monetary system lives on through Bitcoin 💰