Bitcoin's Origin Story

He was a computer programmer. Not that this made him unique. In his era most people were. If they couldn't program, they just weren't relevant. Well, that or an energy engineer, a field in which humanity found that it needed ever more.

This guy, though, had been selected for the special mission. It was those technical skills that caught the attention of the project's directors. His focus field was blockchain programming. That won him the honor of being selected for this mission.

Satoshi Nakamoto was a blockchain pioneer. His talent showed promise for an integral role in the application of this computer programming technology. He was its vanguard and his charismatic enthusiasm would lead others ashore.

The countdown sequence for the time travel launch had been initiated. While command center worked its way through the lengthy preliminary checklist, our time traveler was strapped in for transmission. Safety protocols were underway and his immediate supervisor was speaking to him remotely into his ear piece.

"Satoshi, remember, this mission has just the two jobs. That's it. First, leak our energy technology to the past. That energy technology must be in place for the second part of the mission's success."

"I understand. Introduce our future energy technology donation to the past and it'll practically drive itself forward," Satoshi said, repeating back the corporate talking points eager to end the micromanaging.

"That's right. Historically, transition to a new energy source takes two plus decades. Wood to coal, coal to oil, oil to this. Time will be needed to win over the naysayers, then to replace the obsolete infrastructure. We need that infrastructure in place when the timeline catches up to our present."

"Roger that, command center," Satoshi's patience almost expended.

"Second goal, introduce digital currency. That is the future. Well, it's our present, really, but our present is launching with you traveling back to the early 21st century. Digital currency will take a generation to become widely accepted. You must make that introduction. Start it and secure that it sticks," said the supervisor reviewing his notes.

"Satoshi, also, the mission's timeline is undetermined. Likely two years, possibly three, it's not entirely known. You'll be pinged with two weeks advance notice before recall. OK, any last question or comment before launch," closed his supervisor.

"Yeah, just the one," said the time traveler.

"Satoshi, no. We are forbidden from personal enrichment. That means me, you, and everyone on these time travel missions," answering before the anticipated question was even asked. This had been a recurring, and occasionally heated, discourse between the two in the months leading up to launch.

"Just a toe tip, maybe," he asked with a wily smile, knowing a toe tip was also an absolute No.

"Look, I'm sure you're joking, but you are not allowed even a toe tip. You will introduce it. Filch not. Remember your oath. Our oath. . . OK, is there anything else," asked his supervisor, hoping not.

A wink and thumbs up. The clock wound to zero. The Launch button turned green and was pressed. Operation Bitcoin was launched and Satoshi would arrive safely in 2007.

A safehouse had been established by project administrators. This would be his domicile during the mission. He would never meet them, the local administrators. Bills would be blindly paid. Rent, utilities, food, a generous per diem. All he had to do was perform his mission, and he would get started lickety-split. Truth is, he was eager to start, test his capabilities. An actual challenge on the field of battle.

His initial technology drop was the blockchain database, the first ever, and it was a marvel, even if hardly understood. Most programmers of that era hadn't even heard of this stuff. Some had, the early collaborators, other programmers. They were well behind in his level of sophistication, but eager to learn and be on the wave of the future.

Virtual chat rooms were started back in 2007 to stimulate conversation and interest in blockchain technology. Satoshi's initial posts in those chats were abundant and generous, always eager to help and stoke interest. A gregarious talent in which he proved tremendously effective.

Then there was the increased visibility and awareness that came with his Bitcoin White Paper document, released on Oct. 31, 2008. The first big digital footprint that made Bitcoin a thing even outside the closed community of programming. That was the next big foray. By this time he'd been on the ground for only a year and was already leaving a wide wake behind his every keystroke. 

That Bitcoin White Paper caught people's attention, not that anyone really understood it. Digital currency was mentioned, whatever that was, thought most people. It was not being discussed intelligently, because really, who knew what it was outside those who were on the obscure block chain forums. Those few who were aware considered it to be a daring idea. Or a ruse. They weren't sure which.

Satoshi was the undeniable chief amongst his growing band of citizen programmers. His acolytes said he had a clear vision as if delivered from the future. Which, of course, he did, because he was. 

Then Bitcoin went live! It lived. The talk and preparation had finally come to fruition. Embedded in the block chain was 'The Times 03/Jan/2009 chancellor on brink of second bail out for banks.' A digital time stamp bearing a headline from an English newspaper, same date as Bitcoin's inception.

The mystique of Bitcoin was one thing, its curiously uncertain origin. But the tremendous energy drain, that was another thing entirely. The energy needed to run the computers capable of performing the block chain functions was beyond fantastic.

As blockchain technology expanded, and it expanded exponentially, being practiced by teams of IT technicians around the world, it left a wide wake in electrical grids that would be difficult to sustain. Bitcoin mining, as it was called, became a well populated niche industry consuming more energy annually than the entire state of Washington. Also, the entire country of Argentina and was expected to shortly surpass Norway.

For example, a single mined Bitcoin was said to leave a carbon footprint of 223 tons of CO2. That would be an alarming note, except nobody really knew what 223 tons of CO2 looked like. If they did, the populace, the future of Bitcoin would be destined for failure, that astronomical environmental drag. But it was not, because nobody did. By the time people were aware of the unsustainable energy needs, Bitcoin was well beyond stopping. There's no stuffing that genie back in the bottle, so goes the saying.

As projected, the time travel team of the future, understood that more energy would be needed to sustain digital currency. Current levels of energy production, current levels in the past visited by Satoshi, would fall well shy of supporting humanity's present, Satoshi's past. The cost and environmental inefficiencies of the current energy sources made it unsustainable. Thus, the necessary future energy technology donation, the mission's first goal. An energy source was needed that was more efficient, cleaner, and less expensive than what was fueling the 2000s. Satoshi had that energy technology donation.

Back at Command Center, their real hope, the realistic expectation, was that Satoshi could start the process on both goals. The energy technology donation to fulfill future energy needs, plus that digital currency thing. Foundational work for which subsequent time travel launches were already planned and in training. These subsequent launches to finish his stated work. There was little expectation that Satoshi would guide both missions to success. It was simply deemed too much.

Satoshi, meanwhile, was a different kind of guy. He carried himself with a certain virtual charisma. His digital persona was that of a goodwill ambassador fostering an inviting environment to encourage other programmers to follow. Which they did, talented ones. Programmers were attracted to the attention and buzz like moths to an illuminated lightbulb. Bitcoin was going to make it. Energy loads remained questionable.

The energy of the future. It would need to be less expensive, more cost efficient, and cleaner than today's sources. It must be so abundant and easily accessible that India, China, and Turkey would forsake their ample coal power plants for this new stuff. 

Satoshi's purposeful new energy data leak had also gone well. His industrious nature. A number of packages containing the technology drop were furtively delivered into the hands of world renowned university laboratories, specifically those deeply engaged in energy research. Also, by personal genius, Satoshi caught the attention of one of the richest people in the world. Bill Gates.

A real world-shaker was Gates. Satoshi's information-transfer patsy. By a whim of his tremendous ego, Gates stepped into his role with unexpected zest and aplomb. More abundantly than could have been hoped.

Gates operated under the benevolent delusion that saving the world was his responsibility. His purpose. His tremendous accumulated personal fortune, on the strength of his computer company's wild success. He used a portion of his enormous wealth to back, and buy into, a number of these early energy hopefuls, the business start ups. Potential future energy sources for which his name would be attached for generations, so went his thinking.

In quiet moments of reflection, Satoshi couldn't help but chuckle to himself at how well the two goals had progressed. He cared not about credit, only mission success. And heck, if it could be so arranged, maybe a little financial taste for himself, the toe tip, authorized or not.

He had started work toward that personal third goal. Not that the project's board was aware. Personal riches. It was strictly disallowed. A moral issue. Satoshi's morals, however, were malleable. Much like his computer programming capabilities. Whatever it takes, get it done. Why waste time talking when time is better used for doing.

On a lazy weekday afternoon he received his call back ping. After almost three years in the past, he was two weeks away from returning to the future. He had succeeded in his missions, the two official goals, against all odds, and also deployed that furtive goal of personal enrichment. How then could he carry his riches forward to the future, his present? How to avoid command center's probing and watchful eye?

With a hot chocolate cooling on the desk, not even caring to employ a coaster, so buoyant was his good mood, he completed the last bit of sequencing and securing passwords. He'd peeled off a significant amount of that digital currency for himself, making him the untraceable owner of the first million Bitcoin. 

After his call back to the future, he would be absent in the present, his past, away from this secret unauthorized Bitcoin cache. But when the timeline caught up to him, in his present, several decades into the future, on the strength of that indelible sequencing, he would claim possession of those Bitcoin blocks, securely stashed away in the past awaiting him. He needed only wait for those decades to peel away.

In 2011, he would simply disappear. After more than 500 chat room posts and charismatic technology sharing, Satoshi's participation abruptly stopped. It would just inexplicably end one day. No warning. Nobody knew what happened, why he stopped. Only that he had turned over source code control to other trusted programmers. Then, Satoshi was never heard from again. Just disappeared. What happened, asked those close to the action? It was just work. And the work had been completed.

He sat back, reached for his hot chocolate. Chocolate was a scarcity in the future, so he indulged his robust hankering heartily and with a gusto well exceeding good grace. The warmth of the cup was a comfort. What would his future look like once the present timeline caught up with him, he thought. Another sip.

[The titillating mystique surrounding Bitcoin and Satoshi Nakamoto, its purported founder, or coterie of people operating under that monicker. There's much urban legend to fascinate one's curiosity from whence Bitcoin sprang. There were more than 500 digital forum posts under that name over three years, then suddenly it stopped, cold turkey. Also, those first million Bitcoin in the sequence, never touched, at least to date. That much can be and has been confirmed. What gives? I sure don't know, but I enjoy thinking of the possibilities.

Time travel is one explanation for the mysterious origins of Bitcoin. With that as the impetus, this narrative fills in all the blanks, intermingling those verifiable facts with questions yet unresolved. This briefing is, of course, the truth.]