Nick Chong · 4 days ago · 2 min read
Satoshi Nakamoto, the creator of Bitcoin, faced Alexander Hamilton, the original proponent of centralized banking, in an epic rap battle produced by LinkedIn co-founder Reid Hoffman.
Created as a fun way to present the battle between fiat currencies and Bitcoin, the video quickly gained traction, surpassing 125,00 views in less than 24 hours.
Using a rap battle to promote the benefits of Bitcoin
A vigorous debate between those supporting the revolution that digital currencies bring and those in favor of the old financial order has been raging for 10 years with no end in sight. Reid Hoffman, the co-founder of LinkedIn and partner at Greylock venture capital, believes that the only way to have a productive debate is to pit these viewpoints against each other.
The best way to do that, Hoffman found, was to set up a rap battle. Such battles, Hoffman said, were a form of discourse characterized by “extremely attentive listening,” which is something he believes the industry would benefit from.
“We decided to pit the original bankster himself, Alexander Hamilton, arguing for the merits of centralized currencies against cryptocurrency’s mysterious Satoshi Nakamoto,” Hoffman wrote in a LinkedIn post.
Hoffman enlisted the help of Epic Rap Battles of History’s EpicLLOYD and YouTube veteran Timothy DeLaGhetto to play the parts of Hamilton and Nakamoto, while legendary rapper Gift of Gab hosted the debate.
Founding father and crypto pioneer settle their differences
The 6-minute long video sees one of the founding fathers, Alexander Hamilton, and Bitcoin creator Satoshi Nakamoto antagonize each other with common, but not uncomical, arguments for and against decentralized currencies.
The back-and-forth between the two pioneers is observed by some of the most notable people in the crypto industry, which include Charlie Lee, the creator of Litecoin (LTC), Zooko Wilcox, co-founder of Zcash (ZEC), Adam Back, CEO of Blockstream, and Xapo‘s chief executive, Wences Casares.
After the video was published, Hoffman took to Twitter to ask his followers who they thought won the battle. With 72 percent of the vote going to Satoshi Nakamoto, the audience seemed pretty sure of who the winner was.
Who wins in a debate: Alexander Hamilton or Satoshi Nakamoto?
— Reid Hoffman (@reidhoffman) September 4, 2019
The point of the video, Hoffman elaborated, wasn’t to stomp down traditional finance and fiat currencies. Instead, he wanted to use the opportunity to broaden the discussion about the current and future state of cryptocurrencies while encouraging clearer regulation.