⚡️#bitcoin nostr:note1g99vvlhtvspx5x7kahjwdue8sf029f43lyx7x2cjpafcd8kehsdsq6hj6t

#bitcoin ⚡️#btc

True to that

#bitcoin ⚡️

Dec. 11, 2010: The software is not at all resistant to DoS attack. This is one improvement, but there are still more ways to attack than I can count.

#bitcoin #crypto #quote #zap

#SatoshiNakamoto

Dec. 5, 2010: No, don’t “bring it on” (Wikileaks). The project needs to grow gradually so the software can be strengthened along the way. I make this appeal to WikiLeaks not to try to use Bitcoin. Bitcoin is a small beta community in its infancy. You would not stand to get more than pocket change, and the heat you would bring would likely destroy us at this stage.

#bitcoin #crypto #quote #zap

#SatoshiNakamoto

Certainly, starting a project like WikiLeaks on Bitcoin would require careful consideration. Bitcoin's current size and stage of development might not be conducive to handling the attention and demands such a platform could bring. Gradual growth would allow both the software and the Bitcoin community to evolve in a more sustainable way. It's important to keep in mind the potential impact on both sides.

Probably barista packeted the #sats ⚡️

#bitcoin

I agree ☝️👇 #bitcoin and #zap

Bitcoin adoption mirrors that of the internet

#bitcoin #crypto #quote #zap

#SatoshiNakamoto

Undoubtedly, the evolution of Bitcoin's adoption echoes the path carved by the internet. Similar to the internet's nascent stages, Bitcoin emerged as a novel and somewhat enigmatic concept, capturing the imagination of a select few. Over time, however, as understanding deepened and its capabilities unfolded, Bitcoin transitioned from obscurity to the global spotlight.

The skepticism and doubts that greeted both the internet and Bitcoin's advent only fueled their determined march forward. Much like the internet gradually penetrated various aspects of modern life, transforming communication, commerce, and information sharing, Bitcoin's potential to reshape financial systems and usher in a new era of decentralized transactions is a vision that continues to gain traction.

Just as the internet democratized access to knowledge and connectivity, Bitcoin holds the promise of democratizing financial participation, transcending borders and traditional intermediaries. As history repeats itself in a fresh context, the parallel journey of Bitcoin and the internet serves as a testament to the power of groundbreaking ideas to traverse the stages of skepticism, acceptance, and ultimately, transformation.

Sept. 19, 2010: This isn’t the kind of software where we can leave so many unresolved bugs that we need a tracker for them.

#bitcoin #crypto #quote #zap

#SatoshiNakamoto

#Bitcoin ⚡️

Aug. 27, 2010: 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.

In the realm of traditional qualifications for money, the assumption prevails that amid a profusion of scarce objects, intrinsic value naturally anoints one as a dominant medium of exchange. However, imagine a realm where intrinsic value eludes grasp, leaving scarcity alone in its wake. In this chasm, the human spirit, marked by resilience, forges a path towards embracing and venerating a chosen form—a testament to unwavering human endeavor.

Within this tapestry, a sense akin to a hidden current emerges, guiding choices with purposeful serendipity. This sentiment is not unlike the essence found in the wisdom of ages, accessible to those who perceive beyond the surface—a mystique that draws significance from the mundane and invests the intangible with profound meaning.

As contemplations on value and scarcity weave together, we are reminded of the human mind's profound capacity to infuse essence into the ethereal, attributing importance to the overlooked, and discovering purpose amidst uncertainty.

#bitcoin #crypto #quote #zap

#SatoshiNakamoto

Me too 😉 #bitcoin ⚡️

Mar. 6, 2014: I am not Dorian Nakamoto.

#bitcoin #ethereum #blockchain #quasa #preico #zap

Dec. 12, 2010: There’s more work to do on DoS, but I’m doing a quick build of what I have so far in case it’s needed, before venturing into more complex ideas.

Ah, the noble pursuit of preventing a Denial of Service (DoS) attack! A bit like plugging leaks in a sinking ship, while the sea looks at you and chuckles, "Nice try, Satoshi!"

In the realm of wisdom, it's a dance with chaos – safeguarding against the whims of digital mischief-makers. A bit like teaching manners to a whirlwind – it listens, nods, and then goes on a rampage!

But hold on, here comes the quick build – like a hastily constructed fort against a Lego army. It's like trying to tame a wild horse with a single carrot – noble, yet a tad optimistic.

And while the digital dominos might tumble, remember that even the mightiest walls couldn't hold back every wave. It's a philosophical duel, a reminder that amidst the ones and zeros, unpredictability is the true constant.

So, onward, valiant coder! Venture into the complex labyrinth, armed with humor and resilience, for in the world of bits and bytes, the only certainty is that the unpredictable will always find a way to say "Hello, world!" 🌐🤖🛡️

#bitcoin #crypto #quote #zap

#SatoshiNakamoto

Aug. 27, 2010: 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. Picture it: a metal so gray it makes rainy days look colorful. It can't conduct electricity, bend without breaking, or even win a "Most Useful Metal" award. But hold on, here's the twist – it's a wizard of transmission! It travels through the airwaves, like a secret agent metal.

Now, in the land of deep thoughts, this metal struts in wearing the cloak of absurdity. It's the class clown of economics, making everyone scratch their heads and say, "You're kidding, right?"

And the punchline? People scramble to own this undercover metal, like it's the latest celebrity trend. It's like saying, "Invest in invisibility cloaks, you never know when they'll be cool!" Collectors chase it, traders juggle it, and we're all left laughing at how seriously we're taking this non-conductive enigma.

So there you have it – the chuckle-inducing tale of a metal that defies logic and common sense, turning the financial world into a playground of whimsy and bewilderment. 😄🪙🪄 #bitcoin #crypto #quote #zap

#SatoshiNakamoto

Oct. 3, 2010: We need to be vigilant and nip in the bud any misconception that the contents of your block slows down your hash speed. It doesn’t.

#bitcoin #crypto #quote #zap

#SatoshiNakamoto

Oct. 3, 2010: Sigh… why delete a wallet instead of moving it aside and keeping the old copy just in case? You should never delete a wallet.

Ah, the wallet dilemma – delete or not to delete, that's the question. Deleting a wallet is like tossing a map to a hidden treasure, thinking you'll remember the route. But, my friend, even the sharpest memory sometimes forgets where the X marks the spot! 🗺️🏴‍☠️

In the realm of philosophy, it's akin to releasing a bird from your hand. If it flies back, it was truly yours; if it doesn't, well, it's still a free bird! 🕊️🪶

And remember, oh fellow philosopher (or should I say, fellow Satoshi?), the code of digital wisdom: never fully delete, just tuck away your secrets, because who knows when the winds of change might bring you back to the crypto sea! 🌊🪙 #bitcoin #crypto #quote #zap

#SatoshiNakamoto

Arthur Hayes suggests that traditional financial institutions are aiming to take control of the crypto sector. He believes these institutions, like BlackRock, are looking to establish dominance over Bitcoin and cryptocurrencies by offering exchange-traded funds (ETFs) and managed products tied to crypto. This allows them to charge high fees and gain control over crypto investments. Hayes also raises concerns about these institutions influencing Bitcoin's development and mining industry due to their significant voting power. He emphasizes the potential conflict between their centralized approach and the decentralized ethos of the crypto world.

#bitcoin #crypto #quote #zap

#SatoshiNakamoto

🤣