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

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.

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.

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

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.

Writing a description for this thing for general audiences is bloody hard. There’s nothing to relate it to.

Like the Internet, Bitcoin will change the way people interact and do business around the world.

Restaurants make money off those suffering from hunger, and grief counselors make money off those who have suffered tragic loss.

I don’t think we need to pretend Bitcoin’s price is stable and it’s “everything else” that is volatile.

Crypto is in its 4th inning of disrupting finance, and its 1st inning of disrupting media.

It only took 12 years of Bitcoin being the greatest investment in human history before the financial advisors began timidly introducing it to their clients.

Self-sovereignty in a digital age is impossible when all applications and data are served by a handful of centralized custodians.

Until bitcoin came along, the *character* of money was left undiscussed.

A good decision today is better than a perfect decision tomorrow.