A Nighttime Conversation with Bitcoin Chief Eric Voorhees--American Financial Landscape Around 2014 and in the Midst of the Digital Revolution
Around 2014, there was a deep-seated distrust of the financial system in the United States following the Lehman Brothers collapse (2008). As symbolized by the Occupy Wall Street protest movement (2011), citizens were increasingly suspicious of the centralized financial structure. At the same time, the NSA surveillance revelations by Edward Snowden (2013) had also fostered a sense of crisis about individual privacy and freedom.
Against this backdrop, Bitcoin, a cryptocurrency that operates on a decentralized network without the need for centralized state control, emerged. Its appeal lay not only in its technological innovation, but also in its ideological radicalism that shook up the very concept of money and the power structure.
Eric Voorhees was at the center of this enthusiasm. Once driven by student loans and making a living doing odd jobs, he acquired a bitcoin gambling site called Satoshi Dice for only $225 and sold it for over a million dollars in a year. His assets, which he had held in large quantities for a few dollars since the early days of bitcoin, skyrocketed in 2013-2014, reaching millions of dollars. He is truly the epitome of "rising from the grassroots".
The party, held at a mansion on the shores of Lake Tahoe, was more than just a social gathering for the wealthy. It was a gathering of emerging digital revolutionaries who were challenging the old Wall Street financial order. One such person was host Dan Morehead, a Goldman Sachs graduate who had left traditional finance to invest tens of millions of dollars in Bitcoin.
Eric was there to laugh and say, "Tonight's loss is part of a long-term strategy," and he tossed his poker chips out on the table with a flourish. This single word expresses his ideological conviction and belief in the future, which cannot be captured by the conventional capitalist view of success. For him, Bitcoin is not just a means of investment, but the embodiment of his ideal of "building a free economic zone that does not depend on the state.
It is interesting to note that he states that he can "change the world while making himself rich. It is a fusion of utilitarianism and idealism, an idea that has been common among the tech elite since the 2010s. Despite the hardships of his move to Panama, the SEC investigation, and the breakup with his girlfriend, his conviction was unwavering, rather armed with a sense of humor.
This conversation is highly symbolic as a scene that represents the global trend of the time - from centralized to decentralized, from the state to the individual, from real currency to coded trust.
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