Bitcoin Studio

🗞️ Bitcoin News, Videos and Updates

[Bitcoin Studio @bitcoinstudio]

“The nature of Bitcoin is such that once version 0.1 was released, the core design was set in stone for the rest of its lifetime.”

[Bitcoin Studio @bitcoinstudio]

“Governments are good at cutting off the heads of a centrally controlled network like Napster, but pure P2P networks like Gnutella and Tor seem to be holding their own.”
— Satoshi Nakamoto, 2008

[Bitcoin Studio @bitcoinstudio]

“The cost of mediation increases transaction costs, limiting the minimum practical transaction size and cutting off the possibility for small casual transactions.”
— Satoshi Nakamoto, Bitcoin Whitepaper, 2008

[Bitcoin Studio @bitcoinstudio]

“A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution.”
— Satoshi Nakamoto, Bitcoin Whitepaper, 2008

[Bitcoin Studio @bitcoinstudio]

“It’s very attractive to the libertarian viewpoint if we can explain it properly. I’m better with code than with words though.”
— Satoshi Nakamoto, 2008

[Bitcoin Studio @bitcoinstudio]

“Bitcoin would be convenient for people who don’t have a credit card or don’t want to use the cards they have, either not wanting to leave their identity or they don’t have good credit.”
— Satoshi Nakamoto, 2010

[Bitcoin Studio @bitcoinstudio]

“It might make sense just to get some in case it catches on.”
— Satoshi Nakamoto, 2009

[Bitcoin Studio @bitcoinstudio]

“The root problem with conventional currency is all the trust that’s required to make it work.”
— Satoshi Nakamoto, 2009