Clever bitcoin citations


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DATE: Nov. 16, 2012, 5:08 p.m.

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  1. Bitcoin citations by Nakamoto:
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  3. System enables majority consensus without requiring anyone to trust anyone else.
  4. In Bitcoin, "everything is based on crypto proof instead of trust.
  5. I hope [people] can make the distinction that this is the first time I know of that we're trying a non-trust-based system.
  6. The Bitcoin network might actually reduce spam by diverting zombie farms to generating bitcoins instead.
  7. [We will not find a solution to political problems in cryptography,] but we can win a major battle in the arms race and gain a new territory of freedom for several years.
  8. Bitcoin citations by Matonis:
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  10. We should "resist digital money unless anonymous" and don't give up paper cash if the future is even more traceable and intrusive.
  11. Give up the privacy and untracability elements of the $100 bill and we will give you the nirvana of a digital, cashless society.
  12. Individuals should have freedom from money being used to track identity.
  13. Bitcoin citations by Gwern:
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  15. It may be that Bitcoin’s greatest virtue is not its deflation, nor its microtransactions, but its viral distributed nature; it can wait for its opportunity. 'If you sit by the bank of the river long enough, you can watch the bodies of your enemies float by.
  16. Bitcoin citations by Andresen:
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  18. Bitcoin is really a pure money. It's a store of value and a means of exchange and that's all it is. It's almost a plutonic ideal of what money is, in that there is nothing backing it beyond the fact that it's useful as a money.
  19. (Citations from Wikipaedia))

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