Eric Hughes publishes "A Cypherpunk's Manifesto," laying out the philosophical foundation for the movement that would eventually produce Bitcoin. The manifesto declared: "Privacy is necessary for an open society in the electronic age."
The cypherpunks mailing list, founded in late 1992 by Hughes, Timothy C. May, and John Gilmore, became the breeding ground for ideas about digital cash, cryptographic protocols, and privacy-preserving technology that directly influenced Satoshi Nakamoto's design.
Read the manifesto