Satoshi Nakamoto on bitcoin
Satoshi Nakamoto20 quotes“When there are multiple double-spent versions of the same transaction, one and only one will become valid.”
More from Satoshi Nakamoto
You could say coins are issued by the majority. They are issued in a limited, predetermined amount.
Satoshi NakamotoSatoshi Nakamoto The utility of the exchanges made possible by Bitcoin will far exceed the cost of electricity used. Therefore, not having Bitcoin would be the net waste.
Satoshi NakamotoSatoshi Nakamoto Bitcoin isn’t currently practical for very small micropayments.
Satoshi NakamotoSatoshi Nakamoto The nature of Bitcoin is such that once version 0.1 was released, the core design was set in stone for the rest of its lifetime.
Satoshi NakamotoSatoshi Nakamoto Lost coins only make everyone else’s coins worth slightly more. Think of it as a donation to everyone.
Satoshi NakamotoSatoshi Nakamoto The heat from your computer is not wasted if you need to heat your home.
Satoshi NakamotoSatoshi Nakamoto Subscription sites that need some extra proof-of-work for their free trial so it doesn’t cannibalize subscriptions could charge bitcoins for the trial.
Satoshi NakamotoSatoshi Nakamoto Bitcoins have no dividend or potential future dividend, therefore not like a stock. More like a collectible or commodity.
Satoshi NakamotoSatoshi Nakamoto Bitcoin generation should end up where it’s cheapest. Maybe that will be in cold climates where there’s electric heat, where it would be essentially free.
Satoshi NakamotoSatoshi Nakamoto For greater privacy, it’s best to use bitcoin addresses only once.
Satoshi NakamotoSatoshi Nakamoto Bitcoin would be convenient for people who don’t have a credit card or don’t want to use the cards they have.
Satoshi NakamotoSatoshi Nakamoto When someone tries to buy all the world’s supply of a scarce asset, the more they buy the higher the price goes.
Satoshi NakamotoSatoshi Nakamoto If you don’t believe it or don’t get it, I don’t have the time to try to convince you, sorry.
Satoshi NakamotoSatoshi Nakamoto Imagine if gold turned to lead when stolen.
Satoshi NakamotoSatoshi Nakamoto Writing a description for this thing for general audiences is bloody hard. There’s nothing to relate it to.
Satoshi NakamotoSatoshi Nakamoto Only people trying to create new coins would need to run network nodes.
Satoshi NakamotoSatoshi Nakamoto
Original quotes
From our community writers
When you are with your friends, control your tongue.
Stuart PetersonStuart Peterson And you have fast become my weakness, even as you remain my source of strength.
Alma-May NoaAlma-May Noa No one else is on your path so why should their limits be?
Elezabeth SymondElezabeth Symond I heard many tongues in many languages saying that people cannot be Gods, and that’s a given. But what if people don’t know what was given to them?
Nikol MejdnNikol Mejdn Pride – it screams a lot louder than love sometimes.
L.T. PhoenixL.T. Phoenix Messed up people even see the beauty in all the shitty places.
Lara-LeanLara-Lean I loved you more than love was allowed.
Lang LeavLang Leav Don’t mistake your discovery for the absence of yourself.
Sania AbbasSania Abbas
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More on bitcoin
Bitcoin is very ideologically fulfilling, it’s my form of political activism, but it’s also a huge business opportunity.
Erik VoorheesErik Voorhees Bitcoin has been performing ~230% a year for a decade.
Erik VoorheesErik Voorhees Bitcoin is an infinite bounty on the dissolution of fiat.
Erik VoorheesErik Voorhees Bitcoin will hit thousands of dollars per coin, because it’s worth at least that much, or it’s worth zero.
Erik VoorheesErik Voorhees Bitcoin has matured beyond the trappings of tradition.
Erik VoorheesErik Voorhees Whenever the price of cryptocurrency is rallying, people start spending a lot more.
Erik VoorheesErik Voorhees Like the Internet, Bitcoin will change the way people interact and do business around the world.
Erik VoorheesErik Voorhees Restaurants make money off those suffering from hunger, and grief counselors make money off those who have suffered tragic loss.
Erik VoorheesErik Voorhees
