I’m sure that in 20 years there will either be very large transaction volume or no volume.
SATOSHI NAKAMOTOI’m sure that in 20 years there will either be very large transaction volume or no volume.
SATOSHI NAKAMOTOFor greater privacy, it’s best to use bitcoin addresses only once.
SATOSHI NAKAMOTOBitcoins have no dividend or potential future dividend, therefore not like a stock. More like a collectible or commodity.
SATOSHI NAKAMOTOBitcoin isn’t currently practical for very small micropayments.
SATOSHI NAKAMOTOThe 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 NAKAMOTOSubscription 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 NAKAMOTOIf you don’t believe it or don’t get it, I don’t have the time to try to convince you, sorry.
SATOSHI NAKAMOTOWriting a description for this thing for general audiences is bloody hard. There’s nothing to relate it to.
SATOSHI NAKAMOTOWhen someone tries to buy all the world’s supply of a scarce asset, the more they buy the higher the price goes.
SATOSHI NAKAMOTOImagine if gold turned to lead when stolen.
SATOSHI NAKAMOTOYou could say coins are issued by the majority. They are issued in a limited, predetermined amount.
SATOSHI NAKAMOTOThe 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 NAKAMOTOLost coins only make everyone else’s coins worth slightly more. Think of it as a donation to everyone.
SATOSHI NAKAMOTOThe heat from your computer is not wasted if you need to heat your home.
SATOSHI NAKAMOTOThe Bitcoin network might actually reduce spam by diverting zombie farms to generating bitcoins instead.
SATOSHI NAKAMOTOBitcoin would be convenient for people who don’t have a credit card or don’t want to use the cards they have.
SATOSHI NAKAMOTO