After Mr. Andresen ignores me, I ought to report that I am inventor of Bit-Coin and crypto-currencies.
Actually yet in 1990th I invented conception of Independent Electronic Money project. Which was briefed to Bit-Coin with suggestions of my friends. That friends love to remain anonymous, and they are by the article in the Financial Times newspaper about Ukrainian P.M. Viktor Yuschenko manipulations which in the U.K. would be judged as fraud case.
IEM was difficult implementable some of its parts require additional scientific researches on fractal algebra, and what was worse it was even no certainty that it is possible at all to do as I wished. That is why project was briefed. I stated about it on usenet://soc.culture.ukrainian . Because of deeply corrupted Security Service of Ukraine did not allow me to work abusing with several equipment for compulsory treatment, it was chosen Satoshi Nakamoto to do that job.
After Satoshi Nakamoto did his job, and he left to my friends the validation codes for enciphered bit-Coins emissions. They would be taken by the BitCoin network as valid BitCoins with briefed mining scheme, or it is possible to premine them long before, the official emission.
The Bit-Coins were aimed against Ukrainian-American international scheme which would be counted as fraud with some French and British politicians involvement. Needless to say that I was not friendly to several politicians, and financiers.
By our initial idea it had to refill shortage of money when it usually takes US dollar. We did not wish their toxic assets to be refilled for account of healthy economies.
First my friends were very against that, but it was decided to brief the project of IEM and to re-brand it as Bit-Money and after I was suggested to change it to Bit-Coin. The brief article you could read on soc.culture.ukrainian .
The full project was initially not money at all, but exchange system, for barter economy, with actually electronic implementation of Ancient Chinese barter trade system, and it always remained as conception, because of rogue corrupted Ukrainian special services, their schizoid desires and their constant terror. (Even now days after several police reforms, which are happening each few years since 1980, it are often such events as for example, few days ago some police structure was sentenced for attack on another law enforcement structure , not in that separatists's region on East or West of Ukraine but in its capital. Couple years ago it was even a riot of riot police. ) In 1990 they police and related structure, it seams, did not lose any opportunity to robe, anyone who could defend itself. To be defended from governmental recket, it was called such project. Another problem was fact that that National Bank established rules to hold payment, making actually sabotage for economy, that it why most of economy was barter. That days some enterprises in Ukraine printed their own money to make at least some trade working. (The most remarkable was Kharkov Tractor Factory money, which however sold tanks abroad and partially stabilized their money with foreign currencies.)
The problem with barter is the fact that nearly impossible to find pair of those interested when each one would have as a good for exchange what needs each another and to be ready to exchange it. In the best case it has to be groups in 10 to 100 persons. What I planned to do with specialized social network. And I planned it to be working without Inter-Net through the dial-up connections as in Fidonet.
In later revision of that project I decided to supply that barter with index of value. When index had to be actually set as prise for farther exchange scheme involving several various sides.
And if barter operations could be profiled with distributed decentralized social network, index needed some validation, and its mechanism was actually a crypto-currency. And it also remained as project. Later I plotted to use some institute of court for resolving conflicts if they appear, and with appropriate elections, to establish governing and court inside the network. That part of the project was the most controversial. My friends suggested to remove all that Barter functionality at all, and to concentrate on crypto-currency as alone project it was IEM. And functionality was briefed ones again and re-branded as Bit-Coin. Later little changes were made already without my attention.
And my friends actually have all the codes.
But it is not necessary to make such money as decentralized network, it just has to be guaranteed by respectable authority, as for example royal, as in precedent of King Henry validated each bill of spends for nobles in England, signed as #.