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2025-05-16 15:48:29

hodlbod on Nostr: To contextualize the adoption of cryptography: - Public key crypto was invented in ...

To contextualize the adoption of cryptography:

- Public key crypto was invented in 1976
- Bitcoin was invented in 2009, 33 years later
- In 2025 (49 years later), cryptography is still a niche topic

- The printing press was invented around 1440
- By 1470 (30 years later), a handful of presses had been established in major cities
- In 1500 (60 years later), there were only 417 presses
- By the 1550s (110 years later), printing presses were in use globally

Transformational technologies go through a period of obscurity, then centralized control, then eventually become universally accessible. My hope is that we are just coming out of the centralized control phase of cryptography and the internet.
Author Public Key
npub1jlrs53pkdfjnts29kveljul2sm0actt6n8dxrrzqcersttvcuv3qdjynqn