“A lot of people automatically dismiss e-currency as a lost cause because of all the companies that failed since the 1990's. I hope it's obvious it was only the centrally controlled nature of those systems that doomed them. I think this is the first time we're trying a decentralized, non-trust-based system.” - Satoshi Nakamoto
Discussion
Spot on. Those old e-currency systems fell apart 'cause they had a central point of control.
What we're doing with Bitcoin is totally different – it's decentralized. No middlemen, no single point of failure.
It's a game-changer, the first real shot at a currency that's run by consensus and code, not by CEOs or big banks. Here's to making history!