FILE 00126KIf Bitcoin had existed in 1929, it would have helped some people preserve wealth outside failing banks and hostile borders. It would not have saved most Americans from destitution, because most of the damage came through unemployment, foreclosure, and demand collapse. But if a Depression of that scale hit today, the rails are already in the ground, and a cypherpunk household could do things no 1933 family could imagine.
FILE 00221KOn April 20, 2026, Arbitrum's Security Council froze 30,766 ETH linked to the KelpDAO exploit. The engineering was impressive. The precedent is another matter. Every 'decentralized' system keeps an emergency committee. The honest ones should admit it.
FILE 00321KCrypto was born from a radical vision of privacy and liberation. Decades later, it's become synonymous with fraud, political corruption, and memecoins. A deep dive into the cypherpunk origins, the betrayal of those ideals, and what it would take to reclaim them.
FILE 00416KIn 1988, Tim May predicted encrypted systems would 'alter completely the nature of government regulation.' In 1993, Eric Hughes declared 'Cypherpunks write code.' Thirty years later, developers are going to prison for doing exactly that. But something is shifting. Vitalik is building privacy wallets, Naval is calling Zcash 'insurance against Bitcoin,' and a team of physicists just launched the first fully decentralized private blockchain. The cypherpunks are fighting back.
