The system is permissionless; anyone can participate without approval.
— Satoshi Nakamoto
Satoshi Quotes
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Daily Satoshi Nakamoto quotes.
Bitcoin is a tool for freedom.
— Satoshi Nakamoto
Users can spend and receive Bitcoin without permission.
— Satoshi Nakamoto
Users maintain control of their private keys at all times.
— Satoshi Nakamoto
Bitcoin replaces trust with mathematical proof and network consensus.
— Satoshi Nakamoto
Users can generate new key pairs without contacting any central authority.
— Satoshi Nakamoto
The network rewards miners proportional to the computational work they perform.
— Satoshi Nakamoto
Bitcoin can protect users from inflationary monetary policies.
— Satoshi Nakamoto
It’s the separation of money and state.
— Satoshi Nakamoto
What is needed is an electronic payment system based on cryptographic proof instead of trust.
— Satoshi Nakamoto
Nodes communicate over secure encrypted connections.
— Satoshi Nakamoto
Bitcoin is designed to resist government interference and control.
— Satoshi Nakamoto
Bitcoin nodes validate transactions by checking signatures and the unspent transaction outputs.
— Satoshi Nakamoto
We can win a major battle in the arms race and gain a new territory of freedom for several years.
— Satoshi Nakamoto
I’ve been working on a new electronic cash system that’s fully peer-to-peer, with no trusted third party.
— Satoshi Nakamoto
Bitcoin is designed to resist government interference and control.
— Satoshi Nakamoto
Mining pools allow miners to reduce variance in their rewards.
— Satoshi Nakamoto
Each block contains a hash of the previous block, creating a chain.
— Satoshi Nakamoto
The decentralized nature makes Bitcoin resilient to attacks.
— Satoshi Nakamoto
The software incentivizes miners to follow the protocol by rewarding them with new coins and transaction fees.
— Satoshi Nakamoto