CSW - Slack Channel

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To create bitcoin involved nearly two decades worth of study, learning, trial and many failures. It involved over thirty SANS courses that between the training and exams and sometimes travelling to the United States to take them cost me around $8,000- $10,000 a course.

For those of you who have student loans. For those of you who have children going through university courses. British, Australian and American universities are not free.

The knowledge that I needed to create bitcoin involved completing eight postgraduate degrees and numerous professional certifications and qualifications.

When you think about your student loan. When you think about the college fund for your kids, please consider what it means to do eight postgraduate degrees in order to gain the required knowledge. I want you to imagine what other things I could do with my life if I had invested that money over the two decades that I was studying and researching all of the background knowledge required to make bitcoin.

I have several US Masters degrees. These can cost and did cost in the order of $60,000 to $100,000 each. I have British degrees as well. For those in the UK, you will understand that completing a degree in Britain is not cheap either. Remember also that I did it as an international student at the time, which means double the fees of a local student.

Over a period of a little over ten years, I spent over US$1 million gaining the required education. That figure includes the travel I needed back and forth to the various countries, the materials and courseware that I needed, and the books.

When I launched bitcoin, nobody thought it would work. Even people like Hal Finney, who was instrumental in the early days in ensuring that this kept running, did not really believe in it and thought it was flawed.

I was a director at BDO on partner track. As a director, I was on a six-figure salary fifteen years ago. If I had stayed in an accounting firm, I would have become a partner a long-term ago, and a partner salary is a seven-figure sum.

When I left full-time employment to work on bitcoin, I gave up earning a lot of money. On top of that, the early days of maintaining the network and trying to promote it took up a lot of time every week. Further, I was trying to build commercial applications that would use bitcoin. I was trying to market some of these two organisations like Hoyts and Centrebet.

My first marriage fell apart during this. I don’t have any blame for that, but I can understand and understand why. Wives have this habit of not appreciating when the husband goes off on a boondoggle project that they fail and waste all of your savings with a 1 in a million chance of success on a digital cash system. That was when every digital cash system in the past had failed spectacularly.

So, you see people like Adam Back coming into bitcoin in 2013 and spouting all his crap that he still spouts even though he still has no inkling about what bitcoin is or even cares to learn. After it’s all working lots of people come along wanting to change my system. None of them paid any attention to it until it had money on bucket shop exchanges. And none of them cared to actually come to understand what I was trying to do.

So, when people sit there telling me what I should be doing, what I should have done better, how they think I should have acted, the answer is simple…

Go fuck yourself

CSW
Oct 30, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1635616797225900?thread_ts=1635616797.225900&cid=C5131HKFX
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https://t.me/CSW_Slack/3251