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I like the idea of basing security on the assumption that the CPU power of honest participants outweighs that of the attacker. It is a very modern notion that exploits the power of the long tail. — Hal Finney

The proof-of-work chain is the solution to the synchronisation problem, and to knowing what the globally shared view is without having to trust anyone. — Satoshi

Governments are good at cutting off the heads of centrally controlled networks like Napster, but pure P2P networks like Gnutella and Tor seem to be holding their own. — Satoshi

Nodes are not going to accept an invalid transaction as payment, and honest nodes will never accept a block containing them. — Satoshi

The network is robust in its unstructured simplicity. — Satoshi

The steady addition of a constant of amount of new coins is analogous to gold miners expending resources to add gold to circulation. In our case, it is CPU time and electricity that is expended. — Satoshi

There has never been a government that didn’t sooner or later try to reduce the freedom of its subjects and gain more control over them, and there probably will never be one. Therefore, instead of trying to convince our current government not to try, we’ll develop the technology that will make it impossible for the government to succeed. — Wei Dai

I don't believe we shall ever have good money again before we take it out of the hands of government. We can't take it violently. All we can do is by some sly, roundabout way introduce something they can't stop. — Friedrich Hayek

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"The Chinese Communist Party's sophistication in censorship should be a wake-up call. We're all headed there unless we fight back. Bitcoin and the cipherpunk movement represent that fight." - @gladstein #BitcoinAtlantis2024 #Censorship

"By mining Bitcoin, we're not only creating wealth but also supporting human rights and fighting against oppression worldwide." - Obi Nwosu #BitcoinForFreedom #HumanRights #DecentralizedResistance

"Every fiat is programmed to fail." - Greg Foss, on the inherent design flaw of fiat currencies. #FiatFailure #BitcoinFuture #EconomicCycle

"Through Bitcoin mining, waste energy is transformed into financial security, environmental sustainability, and social empowerment." - Obi Nwosu #WasteToWealth #BitcoinSecurity #EnvironmentalSustainability

Energy defends our past, Bitcoin charts our future.

NO ONE IS BULLISH ENOUGH ON BITCOIN.