Bitcoin Magazine
An Introduction to The Satoshi Papers
In The Satoshi Papers, we begin a multifaceted exploration of how monetary institutions in particular contribute to or militate against the flourishing of human societies. The essays in this volume review the nature of money, the history and functions of central banking, the relationship between state financing and war, and the introduction of Bitcoin as a new platform for transacting value. The authors are in broad agreement that the advent of a global, politically neutral, nonstate, peer-to-peer sound money is not a prescription for the replacement of all other forms of money; rather, it transforms some of the background assumptions about the relationship between states, societies, and individuals that have suffered from an authoritarian consensus in recent decades. Quite simply, there was a world before Bitcoin, and there is a world after it. If politics is the art of the possible, as certain proponents of realpol
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