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Pre Bitcoin Era

Historical events preceeding Bitcoin

Prehistory

1913

December 23 – The Federal Reserve Act

1933

April 5 – Executive Order 6102, “Confiscation of gold”, signed. Later, the United States went off the gold standard. Reversed in 1974.

1936

Feburary – Keynesian economic theory developed

1976

Diffie and Hellman discover asymmetric public key cryptography.

1983

David Chaum develops idea of e-cash.

1992

Cypherpunk movement and mailing list started.

1993

January 17 – Hal Finney predicts NFTs.

1995

David Chaum implements Digicash.

1996

June 18 – NSA publishes “Anonymous Electronic Cash”.

1997

Tim May proposes crypto based on remailers[.

May – Adam Back proposes HashCash. implemented in 2001.

1998

May – Wei Dei starts b-money.

1999

Liberty dollar starts. Its office was raided in 2007 and shut down soon after.

Milton Friedman predicts e-currencies.

2000

May – Paypal as we know it today is founded.

2001

Pecunix, an Panamaian e-currency based on gold reserves, is created.

2002

John Nash publishes the paper “Ideal Money”.

Feburary 10 – First mention of “The Digital Monetary Trust”.

December 9 – “X” publishes on digital peer to peer currency in UK finance group.

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