Nearly two months after the unwinding of the 2008 financial crisis, Satoshi Nakamoto shared Bitcoin’s whitepaper in an email to a cryptography mailing list. Along with the document, he stated, “I’ve been working on a new electronic cash system that’s fully peer-to-peer, with no trusted third party.” With this, Satoshi provided the blueprint for a trustless decentralized financial system as an alternative to central banks who continually betray the trust of the people they are supposed to serve through acts like perpetual debasement and policies that favor special interests. On the Genesis Block, Satoshi repeated this message, by recording that day’s headline from ‘The Times’, “Chancellor on Brink of Second Bailout for Banks.”
By design, Bitcoin is rooted in decentralization, censorship-resistance, and the unbridled security a widespread PoW network can offer, which translates to real world ideals like financial sovereignty, empowerment of the individual, and the freedom that can be found by taking a bottom-up, rather than top-down approach. Since its inception, important advancements that expand blockchain’s utility such as Ethereum’s introduction of the EVM. Even our perception of Bitcoin has evolved from viewing it as a transaction processor to that of a settlement court for the entire framework, as we recently touched on. Nonetheless, as the space has grown, many have entered who have no knowledge of Bitcoin’s foundational ethos, or seem to have forgotten it for the sake of selfish gain.
In the wake of a major shift towards PoS and centralization, it is important now more than ever we remember what made Bitcoin great and work to preserve it for future generations to come. We must strive to set aside short-term gains in favor of a more equitable society that lifts people up instead of one that places the power in the hands of few to keep the rest down. As much as blockchain needs intelligent developers, it needs free thinkers who are unafraid to go against the grain and spread personal empowerment to light the world. Hotep Jesus is one such man on a mission, and we are proud to graciously accept his endorsement
I believe in free thinking, and the right to express yourself without persecution, as most Hoteps do, and this extends to the Blockchain space. Critical thinking leads to innovation, and innovation leads to mass adoption. From there your only limit is space and time.
-1DigitalCrypto, Syscoin Marketing & PR Manager
Hotep Jesus and Syscoin share a commitment to Satoshi’s vision, censor-resistant freedom of speech and freedom of thought, and Bitcoin’s inherent values. Like us, he takes no satisfaction in seeing how this space has been tarnished by scams and gimmicks, sometimes even endorsed by celebrities to the misfortune of their fans. We believe in the potential of a parallel society to raise the unbanked, the underserved, and those left behind by our civilization. Web3 presents the possibility of becoming the greatest tool for raising the collective consciousness of humanity, or a new iteration of a legacy system for our own enslavement. We stand at a critical juncture with an important decision to make. Will it be freedom or slavery? Hotep Jesus and Syscoin wholeheartedly embrace the former.
To learn more about Hotep Jesus, feel free to visit his website.
Oct 5, 2022 by Syscoin Foundation