If you don’t believe it or don’t get it, I don’t have the time to try to convince you, sorry.
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 NAKAMOTOBitcoin would be convenient for people who don’t have a credit card or don’t want to use the cards they have.
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 NAKAMOTOFor greater privacy, it’s best to use bitcoin addresses only once.
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 NAKAMOTOWhen there are multiple double-spent versions of the same transaction, one and only one will become valid.
SATOSHI NAKAMOTOBitcoin 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.
SATOSHI NAKAMOTOThe Bitcoin network might actually reduce spam by diverting zombie farms to generating bitcoins instead.
SATOSHI NAKAMOTOThe heat from your computer is not wasted if you need to heat your home.
SATOSHI NAKAMOTOI’m sure that in 20 years there will either be very large transaction volume or no volume.
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 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 NAKAMOTOImagine if gold turned to lead when stolen.
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 NAKAMOTOYou could say coins are issued by the majority. They are issued in a limited, predetermined amount.
SATOSHI NAKAMOTO