Pages:
Author

Topic: What is your favorite Satoshi Nakamoto quote? - page 2. (Read 2496 times)

sr. member
Activity: 381
Merit: 250
My favorite quote from Satoshi Nakamoto is :
Quote
The root problem with conventional currency is all the trust that's required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust.

Which is yours? Smiley

"It might make sense just to get some in case it catches on. If enough people think the same way, that becomes a self fulfilling prophecy." - Satoshi Nakamoto
sr. member
Activity: 1512
Merit: 326
i loved when he said
" focuss and dont believe "
legendary
Activity: 2660
Merit: 1074
"If you’re sad about paying (a transaction) fee, you could always turn the tables and run a node yourself and maybe someday rake in a 0.44 fee yourself."

legendary
Activity: 3472
Merit: 4801
Do we really need another thread like this?  Can't you just add your favorite quote to one of the dozens of identical threads that already exist?  For example, just lock this thread and post your favorite quote here:

https://bitcointalksearch.org/topic/what-is-your-favorite-satoshi-quote-877568

Anyhow, here's my post from that thread:

I've always liked the way this one makes it clear that consolidation in the mining industry was the plan from the beginning:
I anticipate there will never be more than 100K nodes, probably less.  It will reach an equilibrium where it's not worth it for more nodes to join in.  The rest will be lightweight clients, which could be millions.

At equilibrium size, many nodes will be server farms with one or two network nodes that feed the rest of the farm over a LAN.
This one echos the same sentiment:
The current system where every user is a network node is not the intended configuration for large scale.  That would be like every Usenet user runs their own NNTP server.  The design supports letting users just be users.  The more burden it is to run a node, the fewer nodes there will be.  Those few nodes will be big server farms.  The rest will be client nodes that only do transactions and don't generate.
But I think one of my all time favorites is:
If you don't believe me or don't get it, I don't have time to try to convince you, sorry.
sr. member
Activity: 286
Merit: 255
July 29, 2010:

"If you don’t believe me or don’t get it, I don’t have time to try to convince you, sorry."
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
“Be the change that you wish to see in the world.”
hero member
Activity: 644
Merit: 500
My goal is becaming a billionaire.
"Michael, send me some coins before I hitman you."

https://bitcointalksearch.org/topic/m.8735186

That not what Satoshi Nakamoto said, that's what the hacker who hacked his email said  mate  Roll Eyes
this is Satoshi nakamoto profile on the forums https://bitcointalksearch.org/user/satoshi-3 , basically the only place where you will find his quotes .
full member
Activity: 123
Merit: 474
"Michael, send me some coins before I hitman you."

https://bitcointalksearch.org/topic/m.8735186
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
"May the Force be with you."
member
Activity: 105
Merit: 10
''Lost coins only make everyone else’s coins worth slightly more. Think of it as a donation to everyone.''

It's suitable for our condition now

hero member
Activity: 644
Merit: 500
My goal is becaming a billionaire.
Small words with huge meanings , Satoshi <3

He said that on Feb. 14, 2010 btw Grin
Quote
I’m sure that in 20 years there will either be very large (bitcoin) transaction volume or no volume.

and this one on June 21, 2010 :
Quote
Lost coins only make everyone else’s coins worth slightly more. Think of it as a donation to everyone.

one I liked the most on the 3 of them :

Quote
Sorry to be a wet blanket. Writing a description for (bitcoin) for general audiences is bloody hard. There’s nothing to relate it to.
legendary
Activity: 1036
Merit: 1000
My favorite quote from Satoshi Nakamoto is :
Quote
The root problem with conventional currency is all the trust that's required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust.

Which is yours? Smiley
Pages:
Jump to: