Bitcoin: From Cypherpunks to Decentralized Currency

This chapter examines the impact of Hayek's economic philosophies on the cypherpunk movement, particularly in the innovation of digital cash systems. It traces the historical development of Bitcoin, exploring the contributions of early projects and the hacker community, while discussing Satoshi's unique engineering perspective. The chapter emphasizes the intricate relationship between technological advances and economic theories that led to Bitcoin's successful emergence as a viable digital currency.