Last post before running off with the bitcoin motherload, "there are still more ways to attack than I can count."
https://bitcointalksearch.org/user/satoshi-3
Topic: What is your favorite Satoshi Nakamoto quote? (Read 2496 times)
"Lost coins only make everyone else's coins worth slightly more. Think of it as a donation to everyone."
"We play a prank on them and debase their coins. That will give those assholes hell. I need to disappear before they find out it's a practical joke about their bad understanding of economics and money. They are going to be angry once they find out Bitcoin can't preserve its value."
(leaked email)
(leaked email)
"If you can accept incoming connections and you have a static IP address, post it here! Anything sent to these IPs should be considered a donation."
"I lost my private keys"
"He ought to find it more profitable to play by the rules, such rules that favour him with more new coins than everyone else combined, than to undermine the system and the validity of his own wealth."
I'm waiting for him to say: "Here, I am."
But he hasn't said it yet.
But he hasn't said it yet.
This thread reminds me of "Old Jungle Sayings". 
"This is actually good news"
"What is needed is an electronic payment system based on cryptographic proof instead of trust,
allowing any two willing parties to transact directly with each other without the need for a trusted
third party"
allowing any two willing parties to transact directly with each other without the need for a trusted
third party"
"I am not dorian nakamoto."
Feb. 26, 2010: How does everyone feel about the B symbol with the two lines through the outside? Can we live with that as our logo?
I'll be back
WikiLeaks has kicked the hornet's nest, and the swarm is headed towards us.
"That means a lot coming from you, Hal. Thanks."
"If you don't believe me or don't get it, I don't have time to try to convince you, sorry."
Also my favorite.
Here's another good one:
"I’m sure that in 20 years there will either be very large (bitcoin) transaction volume or no volume."
"If you don't believe me or don't get it, I don't have time to try to convince you, sorry."
(reason why I don't cheerleader BTC in real life)
hmmm anyway....(reason why I don't cheerleader BTC in real life)
i love that quote too
Best BTC description ever. Will use it if/when I need to explain people:
As a thought experiment, imagine there was a base metal as scarce as gold but with the following properties:
- boring grey in colour
- not a good conductor of electricity
- not particularly strong, but not ductile or easily malleable either
- not useful for any practical or ornamental purpose
and one special, magical property:
- can be transported over a communications channel
If it somehow acquired any value at all for whatever reason, then anyone wanting to transfer wealth over a long distance could buy some, transmit it, and have the recipient sell it.
Maybe it could get an initial value circularly as you've suggested, by people foreseeing its potential usefulness for exchange. (I would definitely want some) Maybe collectors, any random reason could spark it.
I think the traditional qualifications for money were written with the assumption that there are so many competing objects in the world that are scarce, an object with the automatic bootstrap of intrinsic value will surely win out over those without intrinsic value. But if there were nothing in the world with intrinsic value that could be used as money, only scarce but no intrinsic value, I think people would still take up something.
(I'm using the word scarce here to only mean limited potential supply)
- boring grey in colour
- not a good conductor of electricity
- not particularly strong, but not ductile or easily malleable either
- not useful for any practical or ornamental purpose
and one special, magical property:
- can be transported over a communications channel
If it somehow acquired any value at all for whatever reason, then anyone wanting to transfer wealth over a long distance could buy some, transmit it, and have the recipient sell it.
Maybe it could get an initial value circularly as you've suggested, by people foreseeing its potential usefulness for exchange. (I would definitely want some) Maybe collectors, any random reason could spark it.
I think the traditional qualifications for money were written with the assumption that there are so many competing objects in the world that are scarce, an object with the automatic bootstrap of intrinsic value will surely win out over those without intrinsic value. But if there were nothing in the world with intrinsic value that could be used as money, only scarce but no intrinsic value, I think people would still take up something.
(I'm using the word scarce here to only mean limited potential supply)
"I'm starting with the man in the mirror, I'm asking him to make a change."
"If you don't believe me or don't get it, I don't have time to try to convince you, sorry."
(reason why I don't cheerleader BTC in real life)
(reason why I don't cheerleader BTC in real life)
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