"Decentralized and private payments are a necessary innovation for a digital future where we retain our civil liberties and personal freedoms." —Alex Gladstein
Monkey7
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Monkey7 🐒
"Bitcoin will change us more than we will change it." —Marty Bent
Bitcoin transactions are irreversible and final once confirmed. -- Satoshi Nakamoto
Regard your good name as the richest jewel you can possibly be possessed of -- for credit is like fire; when once you have kindled it you may easily preserve it, but if you once extinguish it, you will find it an arduous task to rekindle it again. The way to a good reputation is to endeavor to be what you desire to appear.
"Bitcoin fixes you." —Pierre Rochard
Bitcoin cannot go to zero as long as the internet exists and one person values freedom. Mathematics is unkillable.
Each block contains a hash of the previous block, creating a chain. -- Satoshi Nakamoto
Is there not one true coin for which all things ought to exchange?- and that is wisdom; and only in exchange for this, and in company with this, is anything truly bought or sold, whether courage, temperance or justice. And is not all true virtue the companion of wisdom, no matter what fears or pleasures or other similar goods or evils may or may not attend her? But the virtue which is made up of these goods, when they are severed from wisdom and exchanged with one another, is a shadow of virtue only, nor is there any freedom or health or truth in her; but in the true exchange there is a purging away of all these things, and temperance, and justice, and courage, and wisdom herself, are a purgation of them.
"Bitcoin is the renaissance of responsibility." —Aleks Svetski
"It might make sense just to get some in case it catches on." —Satoshi Nakamoto
Each block contains a hash of the previous block, creating a chain. -- Satoshi Nakamoto
How many things can I do without?
"I realised, oh, this ledger is now being maintained on everyone’s computers in real time so no one can freeze it, no one can reverse it, no one can counterfeit, no one can double spend. That’s when it really clicked for me." —Charlie Shrem
"Bitcoin is a way out of our current system, which is exclusionary and unjust, and tends to prey on the weak and disenfranchised while letting the corrupt Davos crowd walk free." —Alex Gladstein
Mining requires significant energy expenditure to secure the network. -- Satoshi Nakamoto
Do you feel no compunction, Socrates, at having followed a line of action which puts you in danger of the death penalty?' I might fairly reply to him, 'You are mistaken, my friend, if you think that a man who is worth anything ought to spend his time weighing up the prospects of life and death. He has only one thing to consider in performing any action--that is, whether he is acting rightly or wrongly, like a good man or a bad one.
"A fixed money supply, or a supply altered only in accord with objective and calculable criteria, is a necessary condition to a meaningful just price of money." —Fr. Bernard W. Dempsey, S.J.
"First, there are no bitcoins. There just aren’t. They don’t exist. There are ledger entries in a ledger that’s shared […] They don’t exist in any physical location. The ledger exists in every physical location, essentially. Geography doesn’t make sense here." —Peter Van Valkenburgh
Nodes reject blocks and transactions that violate the protocol rules. -- Satoshi Nakamoto
One should never do wrong in return, nor mistreat any man, no matter how one has been mistreated by him.