A Nighttime Conversation with Bitcoin Chief Eric Voorhees--American Financial Conditions Around 2014 and in the Midst of the Digital Revolution
Around 2014, the United States was still reeling from the wounds of the Lehman Brothers collapse, and distrust of the financial system and wariness of state power were swirling around the country. Bitcoin, which emerged at such a time, fundamentally shook the financial order as a decentralized network currency without a center. Eric Voorhees, a formerly indebted young man, became a symbol of the burgeoning cryptocurrency economy when he sold a bitcoin gambling site he had acquired for just $225 for over a million dollars. A conversation at his mansion in Lake Tahoe depicts him saying that despite his wealth, he is "here to change the world. The party was also attended by Dan Morehead, an investor from Wall Street, who discussed challenging existing finance and building an ideal currency economy. Behind the conversation, the idea of "currency liberalization," rather than mere money-making, was alive and well. Bitcoin embodied a generation's dream of reclaiming economic freedom
from the old authority.
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