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๐•น๐–Ž๐–๐–Ž๐–‘ ๐•ฟ๐–Ž๐–’๐–Š๐–“๐–‰๐–š๐–’ ๐•ฐ๐–˜๐–™ ๐Ÿงก Bitcoin is law. ๐Ÿ’œ Nostr is voice. Speculation is noise. Sovereignty is the goal. I donโ€™t chase power I attract it. Fix the money, free the mind. I speak for the ones who will never kneel. #Bitcoin #Nostr #BTC ๐Ÿซก ๐•ญ๐–Š๐–‘๐–Ž๐–Š๐–›๐–Š ๐•ด๐–™. ๐•ท๐–Ž๐–’๐–Š ๐•ด๐–™. ๐•ฎ๐–‘๐–†๐–Ž๐–’ ๐•ด๐–™.

July 20, 2010: It would help to condense the (bitcoin Wikipedia) article and make it less promotional sounding as soon as possible. Just letting people know what it is, where it fits into the electronic money space, not trying to convince them that itโ€™s good. They probably want something that just generally identifies what it is, not tries to explain all about how it works.

Bitcoin is a digital currency that operates within the electronic money landscape. It offers a decentralized way of conducting transactions without the need for intermediaries like banks. While its underlying technology, blockchain, plays a significant role in securing transactions, Bitcoin's core aim is to enable peer-to-peer transfers of value. Its emergence in 2009 marked the beginning of cryptocurrencies, with a focus on limited supply and transparency. #Bitcoin #DigitalCurrency #Decentralization #Blockchain #PeerToPeer #Cryptocurrency #LimitedSupply #Transparency #ElectronicMoney #Philosophy

#bitcoin #crypto #quote #zap

โšก๏ธ#botcoin โšก๏ธ#zap โšก๏ธall of the above ๐Ÿ‘†๐Ÿ˜‰๐Ÿ˜Ž

July 20, 2010: I hope (the bitcoin Wikipedia article) doesnโ€™t get deleted. If it does, itโ€™ll be hard to overcome the presumption. Institutional momentum is to stick with the last decision.

If the Wikipedia article on Bitcoin gets deleted, it might be tough to reverse that decision. Usually, institutions tend to stick with their previous choices.

#Wikipedia #Bitcoin #DeletionConcern

#bitcoin #crypto #quote #zap

July 20, 2010: It would help to condense the (bitcoin Wikipedia) article and make it less promotional sounding as soon as possible. Just letting people know what it is, where it fits into the electronic money space, not trying to convince them that itโ€™s good. They probably want something that just generally identifies what it is, not tries to explain all about how it works.

Bitcoin is a digital currency operating on a decentralized network. It's a form of electronic money that enables peer-to-peer transactions without the need for intermediaries like banks. Bitcoin transactions are recorded on a public ledger called the blockchain. Its creation in 2009 marked a milestone in the development of digital currencies. #Bitcoin #DigitalCurrency #Blockchain #crypto #quote #zap โšก๏ธโšก๏ธโšก๏ธ #SatoshiNakamoto

July 20, 2010: Bitcoin is an implementation of Wei Daiโ€˜s b-money proposal on Cypherpunks in 1998 and Nick Szaboโ€™s Bitgold proposal.

Bitcoin stands as the realization of Wei Dai's "b-money" concept outlined in his 1998 Cypherpunks mailing list post, coupled with the principles of Nick Szabo's "Bitgold" proposal. Dai's b-money envisioned a form of digital cash beyond government control, while Szabo's Bitgold proposed a decentralized digital currency backed by proof of work.

Wei Dai's b-money proposal stated: "I am fascinated by Tim May's crypto-anarchy. Unlike the communities traditionally associated with the word 'anarchy', in a crypto-anarchy the government is not temporarily destroyed but permanently forbidden and permanently unnecessary. It's a community where the threat of violence is impotent because violence is impossible, and violence is impossible because its participants cannot be linked to their true names or physical locations."

Nick Szabo's Bitgold proposal emphasized: "I believe the solution to this problem [of the lack of trust in digital transactions] would have the following properties: 1. Participants would know and enforce the rules. 2. These rules would be made publicly visible. 3. The rules would cover the most common transactions. 4. For every possible dispute, somebody with a reputation almost as good as the biggest banks would have to be able to resolve the dispute. 5. Everyone would know about these dispute resolution providers."

These pioneering ideas culminated in Bitcoin, which synthesizes the essence of both proposals, demonstrating the evolution of decentralized digital currencies. ๐Ÿ’ฐ๐Ÿ”— #Bitcoin #Cryptocurrency #Innovation #bitcoin #crypto #quote #zap โšก๏ธโšก๏ธโšก๏ธโšก๏ธ

Bitcoin stands as the realization of Wei Dai's "b-money" concept outlined in his 1998 Cypherpunks mailing list post, coupled with the principles of Nick Szabo's "Bitgold" proposal. Dai's b-money envisioned a form of digital cash beyond government control, while Szabo's Bitgold proposed a decentralized digital currency backed by proof of work.

Wei Dai's b-money proposal stated: "I am fascinated by Tim May's crypto-anarchy. Unlike the communities traditionally associated with the word 'anarchy', in a crypto-anarchy the government is not temporarily destroyed but permanently forbidden and permanently unnecessary. It's a community where the threat of violence is impotent because violence is impossible, and violence is impossible because its participants cannot be linked to their true names or physical locations."

Nick Szabo's Bitgold proposal emphasized: "I believe the solution to this problem [of the lack of trust in digital transactions] would have the following properties: 1. Participants would know and enforce the rules. 2. These rules would be made publicly visible. 3. The rules would cover the most common transactions. 4. For every possible dispute, somebody with a reputation almost as good as the biggest banks would have to be able to resolve the dispute. 5. Everyone would know about these dispute resolution providers."

These pioneering ideas culminated in Bitcoin, which synthesizes the essence of both proposals, demonstrating the evolution of decentralized digital currencies. ๐Ÿ’ฐ๐Ÿ”— #Bitcoin #Cryptocurrency #Innovation #bitcoin #crypto #quote #zap โšก๏ธโšก๏ธโšก๏ธโšก๏ธ

โšก๏ธ

July 18, 2010: (The documentation is) only intended for intrepid programmers who read the sourcecode.

(The documentation is) crafted for daring programmers who delve into the source code. ๐Ÿ”๐Ÿ“„ #Documentation #Programming #SourceCode

This remark hints at a more technical and hands-on approach to understanding software, suggesting that the documentation may not be as user-friendly but instead tailored to those who are willing to explore deeper. The philosophy here could relate to the idea of embracing challenges and seeking knowledge through direct engagement with the source material.

#bitcoin #crypto #quote #zap โšก๏ธโšก๏ธโšก๏ธ

โšก๏ธ

July 17, 2010: I believe itโ€™ll be possible for a payment processing company to provide as a service the rapid distribution of transactions with good-enough checking in something like 10 seconds or less.

Envisioning a future where payment processors offer swift transaction distribution in around 10 seconds or less, along with adequate validation. ๐Ÿ’ธโฑ๏ธ #PaymentProcessing #Innovation #Fintech

This statement from 2010 demonstrates a forward-thinking perspective on the potential improvements in payment processing speed. It reflects the anticipation of technological advancements that can enhance financial transactions, making them quicker and more efficient. The philosophy here lies in the optimism for progress and the transformative impact of technology on financial services.

#bitcoin #crypto #quote #zap โšก๏ธโšก๏ธโšก๏ธ