“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.”

Bitcoin addresses you generate are kept forever. A bitcoin address must be kept to show ownership of anything sent to it. If you were able to delete a bitcoin address and someone sent to it, the money would be lost.

The Bitcoin network might actually reduce spam by diverting zombie farms to generating bitcoins instead.

You could say coins are issued by the majority. They are issued in a limited, predetermined amount.

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.

Bitcoin isn’t currently practical for very small micropayments.

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.

Lost coins only make everyone else’s coins worth slightly more. Think of it as a donation to everyone.

The heat from your computer is not wasted if you need to heat your home.

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.

Bitcoins have no dividend or potential future dividend, therefore not like a stock. More like a collectible or commodity.

For greater privacy, it’s best to use bitcoin addresses only once.

Bitcoin would be convenient for people who don’t have a credit card or don’t want to use the cards they have.

When someone tries to buy all the world’s supply of a scarce asset, the more they buy the higher the price goes.

If you don’t believe it or don’t get it, I don’t have the time to try to convince you, sorry.

Imagine if gold turned to lead when stolen.

When there are multiple double-spent versions of the same transaction, one and only one will become valid.

Bitcoin is both disruptive from a technology perspective, but there’s a tremendous power of social good behind it.

Bitcoin is like anything else: it’s worth what people are willing to pay for it.

Lost coins only make everyone else’s coins worth slightly more. Think of it as a donation to everyone.

The heat from your computer is not wasted if you need to heat your home.

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.

Bitcoins have no dividend or potential future dividend, therefore not like a stock. More like a collectible or commodity.

For greater privacy, it’s best to use bitcoin addresses only once.

Cash is the payphone of money! Time to upgrade to crypto.