PQC: I have written enough about this currency of liberty. If anyone wants to know about Bitcoin and want to understand why and how just a mere “crazy concept” created in response to the fiat 2008 crisis by Satoshi Nakamoto, Bitcoin was accepted as medium of exchange first by liberty lovers and then has been spreading out to millions of people around the world. From the starting value of $0.007988 USD in 2009 to $7,224 USD as of 11-May-2019 Bitcoin has proved its value without the State. Just 10 years of existence, Bitcoin has surpassed not only every fiat that exists but also gold and diamond despite all the bad press and threats (and attacks sabotages) from governments, banksters, and economists around the world! Just think about this!

In the genesis episode of TO THE MOON, Max and Stacy ask: “What is bitcoin? What was the actual beginning? Was it the genesis block on January 3, 2009? Or the Bitcoin White Paper published on October 31, 2008? Or were the seeds first planted in the early digital currencies created by the cypherpunks a decade earlier?”TO THE MOON also asks: “What did Satoshi want?” Early bitcoin contributor, Amir Taaki, believes Satoshi’s genesis block message was very political, that the decision to publish the Times front page headline, “Chancellor on Brink of Second Bailout for Banks” was not random but rather signals intent. Jimmy Song says Satoshi wanted money that wasn’t controlled by a centralized authority and the best store of value ever created. Giacomo Zucco believes he wanted a monetary policy revolution. TO THE MOON then talks to Bill Barhydt of Abra about cypherpunks, what they wanted and how that influenced the revolution that is bitcoin. Nozomi Hayase says ‘cypherpunks write code’ and the bitcoin code embodies the ideals of natural law. Also in this episode, prominent bitcoiners like investor Trace Mayer, security engineer Jameson Lopp, entrepreneur and coder Rodolfo Novak, and Marshall Long, who was an early miner, provide insight into the ideology and ideas unleashed by bitcoin. The journey then takes them to the radical monetary experiment of QE which began only weeks after the Bitcoin White Paper was first published.
In this episode of TO THE MOON, Max and Stacy look at some of the early adopters of bitcoin and the exchanges, derivatives contracts and pizza sales that erupted in the first days of crypto. On May 22, 2010, some pizzas were bought for 10,000 BTC, thus generating the first known purchase and real exchange value for the new magical internet money. TO THE MOON also takes a look at all the things Satoshi Nakamoto got wrong with bitcoin code, mistakes users still live with today. In 2010, we also saw bitcoin very first obituary, though hundreds more would follow over the years. Max and Stacy discuss the game theory of the bitcoin protocol with Francis Pouliot, nature’s law with digital historian Nozomi Hayase, and economic freedom and sovereignty with Hartej Sawhney of Hosho.io. TO THE MOON also travels into the archives of Keiser Report where we find some of the earliest known television reports about bitcoin, including interviews with early adopters, Jon Matonis, and Amir Taaki.
In this episode of TO THE MOON, Max and Stacy remain in 2011, a year when bitcoin was still ‘magical internet money’. It is also the year when bitcoiners met in ‘meatspace’ at the first bitcoin conferences, including Prague, where Max Keiser spoke and Amir Taaki hosted. In terms of the ‘permissionless’ nature of bitcoin, TO THE MOON flashes back to archival footage of an interview with John Perry Barlow, author of ‘A Declaration of the Independence of Cyberspace’, in which Max asks him “what happened to the internet?” TO THE MOON then talks to Nozomi Hayase about ‘natural law’ and how that governs bitcoin, while Rodolfo Novak notes that Satoshi remained anonymous because it is important for a permissionless system to not have somebody who rules it or who has too much authority over it. The episode then takes us into 2012 when QE3 already began and markets were soaring on freshly printed money and yet central banks started to worry about bitcoin as Tuur Demeester notes from the Keiser Report archives.
In this episode of TO THE MOON, Max and Stacy look back to March 2013, when the Cyprus bail happened. When depositors had their funds confiscated to bailout bankrupt banks, the unconfiscatable nature of bitcoin received an extraordinary amount of attention in the media around the world. Max and Stacy talk to Tone Vays about the censorship resistant value transfer without any need for a middleman, but also the first time in history that individuals could hold value that is impossible to confiscate. Just a few days after the Cyprus bail in, bitcoin passed $1 billion market cap as the price per coin hit $100. In the fiat world and its QE3, more and more credit is being poured into the system all seemingly to keep it from collapse. In November, the US Senate began hearings on bitcoin and the price then zooms past $1,000. The store of value proposition of bitcoin took hold, and Barry Silbert told Max in the Keiser Report that the three sort of investors who were getting into the cryptocurrency are 1) tech entrepreneurs; 2) family offices taking a piece of their gold allocation and putting it into bitcoin; and 3) Wall Street professionals, portfolio managers, and traders, who are not investing for clients but for themselves. He predicted hedge funds would soon enter the space. Other guests include Jimmy Song, The Vortex, and Rodolfo Novak.