“The root problem with conventional currency is all the trust that’s required to make it work,” Satoshi wrote. “The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of… — Nathaniel Popper Copy Share Image
“The Federal Reserve and other central banks could print more money only if they managed to get their hands on more gold.” — Nathaniel Popper Copy Share Image
“For security, Satoshi relied on uncrackable mathematical formulas rather than armed guards. But” — Nathaniel Popper Copy Share Image
“Occupy Wall Street and the Free State Project were ostensibly leaderless organizations that eschewed new power hierarchies.” — Nathaniel Popper Copy Share Image
“Erik argued that it was the very virtual nature of Bitcoin that made it so valuable. Unlike gold, it could be easily and quickly… — Nathaniel Popper Copy Share Image
“I’m pretty confident that Bitcoin is the most important invention since the Internet itself. The world is changing because of Bitcoin right in front… — Nathaniel Popper Copy Share Image
“Ross himself had gained the expertise to build his government-eluding site after attending one of the best-funded public high schools in Texas and two… — Nathaniel Popper Copy Share Image
“The only occasional gripe was about the volatile price of Bitcoin, which made it hard to know how much a vendor would be charging… — Nathaniel Popper Copy Share Image
“Tor network that served as a backbone of Silk Road had been created by the Office of Naval Intelligence.” — Nathaniel Popper Copy Share Image
“If there was ever a time that Silicon Valley believed it could revive the long-deferred dream of reinventing money, this was it. A virtual… — Nathaniel Popper Copy Share Image
“From the beginning, Satoshi envisioned a digital analog to old-fashioned gold: a new kind of universal money that could be owned by everyone and… — Nathaniel Popper Copy Share Image
“gosh I can’t sleep ! I keep thinking about this great stuff. To me Bitcoin is the ‘cyberspace gold.’ I’m just amazed.” — Nathaniel Popper Copy Share Image
“Japan was the only place Roger had encountered where people’s response, when he described Bitcoin, was to call it scary—rather than interesting or silly.… — Nathaniel Popper Copy Share Image
“In the very first recorded transaction of Bitcoin for United States dollars, Martti sent NewLibertyStandard 5,050 Bitcoins to use for seeding the new exchange.… — Nathaniel Popper Copy Share Image
