"The twin pillars of Bitcoin's value proposition: (1) It's possible to secure and transport your wealth without anyone's permission (2) Your wealth cannot be debased. Everything else is noise." —Vijay Boyapati
Monkey7
monkey@zaps.lol
npub1awun...8eq9
Monkey7 🐒
Simplified Payment Verification (SPV) allows payment verification without running a full network node. -- Satoshi Nakamoto
Beware the barrenness of a busy life.
"Bitcoin is protected by a wall of encrypted energy. The fact that there's a lot of energy involved is a good thing. It creates security to the network." —Michael Saylor
Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve. -- Satoshi Nakamoto
The easiest and noblest way is not to be crushing others, but to be improving yourselves.
"Bitcoin seems to reward honesty." —Steve Barbour
"Bitcoin is a high-tech implementation of 19th century economic ideas. It's a restorative, not progressive technology." —Nic Carter
The initial distribution of coins is through mining rewards. -- Satoshi Nakamoto
He is not only idle who does nothing, but he is idle who might be better employed.
"It's not stable-with-respect-to-energy. [...] It's not tied to the cost of energy." —Satoshi Nakamoto
"You can't dictate how people should use bitcoin. Bitcoin has certain properties that enable different use cases. The predominant use case will fluctuate over time. Get over it." —Marty Bent
The blockchain provides a permanent record of all transactions. -- Satoshi Nakamoto
I am not an Athenian nor a Greek, but a citizen of the world.
"A fool and their leveraged Bitcoin are soon parted." —Caitlin Long
"Mere inflation — that is, the mere issuance of more money, with the consequence of higher wages and prices — may look like the creation of more demand. But in terms of the actual production and exchange of real things it is not." —Henry Hazlitt
Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve. -- Satoshi Nakamoto
null
"Bitcoin is money that most closely aligns with the principles of Natural Law." —Jimmy Song
"Running bitcoin" —Hal Finney