Eastfist

By Chongchen Saelee

When I first conceived Bitcoin for my high school assignment, I had to come up with a way to simulate existing financial system or at least what I thought it was. So back in the late 1990s, people were already using credit cards (a kind of non-tangible money) but there was very little integration or user-friendly interface with the Internet. Then PayPal came along which was pretty close to “Internet money”, but was obviously just an exchange between existing currencies. (more…)

I’m Satoshi Nakamoto, fools!!!

By Chongchen Saelee

Well, before this Bitcoin circus gets too out of hand, I thought I’d finally out myself as the inventor of the Bitcoin protocol. I know a lot of Bitcoin loyalists don’t personally like me, even though ironically they enjoy being the prom queen at my expense. The real story isn’t even that exciting, but let’s sober some of the hysterics up. (more…)