On All Hallows’ Eve, October 31, 1517, German Catholic monk and scholar Martin Luther posted his 95 Theses to the door of the Castle Church in Wittenberg, Germany, attacking the church, in particular for the practice of selling indulgences—forgiveness of one’s sins. His heretical challenge of church authority launched the Protestant Reformation.
On October 31, 2008, 491 years after Luther’s revolutionary post, the mysterious Satoshi Nakamoto posted his infamous white paper, Bitcoin: A Peer-to-Peer Electronic Cash System, on the Internet, attacking financial institutions for their one-sided control over Internet commerce. His solution was a P2P electronic payment system he called Bitcoin using a public open ledger called blockchain ...
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