Happy 10th Birthday Satoshi

By | Oct 31, 2018

Happy 10th Birthday Satoshi

I’m not a Facebook user so I miss all those fancy birthday reminders. But even on LinkedIn you can’t escape the fact a young guy (gal?) by the name of Satoshi Nakamoto turns ten today. Given all the mystery, it’s fitting Satoshi shares a birthday with Halloween.

Wiki: “Satoshi Nakamoto is the name used by the unknown person or people who developed bitcoin, authored the bitcoin white paper, and created and deployed bitcoin’s original reference implementation. As part of the implementation, they also devised the first blockchain database.”

His original white paper is 9 pages long. This is 50 pages shorter than you’re average white paper these days.

I have to confess I see a worrisome trend in the space: the growth of the white paper ghost writers.

Here’s what I don’t understand: if you’ve got the next billion dollar idea, why not put pen to paper yourself and explain your vision.

I know, I know. Not everyone likes to write. (I used this same logic to borrow classmates’ ideas all through high school algebra.)

But I get leery when I hear founders say things like “I’m still waiting on the white paper guy to finish his work so we can kickoff fund raising.”

The white paper is your business plan, your treatise. Some things can and should be farmed out – but, please, not this one.

2018-11-01T18:08:19-05:00October 31st, 2018|

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