Bitcoin Basics

Category: What is Bitcoin?

Oct 12

“This guy created his own version of time, slowed it down so that all of us can agree on the ordering of transactions and then he set a monetary policy, the hardest ever, that sticks a physical money in time, not in the ground.”— Jack Mallers
Oct 5

“Bitcoin is the free market pulling society back from the cliff of dystopian geopolitical failure by separating money from State.”— Adam Back
Oct 4

What is a Bitcoin wallet?
Sep 28

“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.”— Satoshi Nakamoto
Sep 21

“The root problem with conventional currency is all the trust that’s required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust.”— Satoshi Nakamoto
Sep 14

“Every informed person needs to know about Bitcoin because it might be one of the world’s most important developments.”— Leon Louw, 2× Nobel Peace Prize nominee
Aug 22

“Bitcoin will measure prices falling to their marginal cost of production over time. Prices of everything will fall against it. While in fiat terms, prices of most things will rise. Your view of the world depends on what you use to measure it.”— Jeff Booth
Aug 20

“Bitcoin is not just money; it’s a new form of digital power projection, akin to a cybernetic weapon.”— Jason P. Lowery
Aug 18

“Satoshi opened a portal into the digital realm, allowing energy to flow through and bringing life to cyberspace.” Michael Saylor
Jul 1

“Bitcoin has a couple of things going for it: One is that it is distributed, with no single point of failure, no ‘mint’, no company with offices that can be subpoenaed and arrested and shut down.”— Hal Finney