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Author Topic: [2017-03-29] What Would Satoshi Do? The Religiosity in Bitcoin  (Read 245 times)
tyz (OP)
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March 29, 2017, 06:00:07 AM
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What Would Satoshi Do? The Religiosity in Bitcoin

January 3, 2009 sparked a new life into the world of payments, contracts, and finance. On that day, Satoshi Nakamoto released the open-source software – Bitcoin. It promised revolution and freedom from third parties -such as banks and governments- as guarantors of capital. Suddenly, an individual was able to bargain, trade, and retain wealth completely by themselves. It was like using cash all the time, but without needing to have a bank and/or government call the cash legitimate.

https://themerkle.com/what-would-satoshi-do-the-religiosity-in-bitcoin/
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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March 29, 2017, 10:11:25 AM
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I think that it doesn't entirely matter what Satoshi thinks now.  It's quite ironic that we like freedom from third parties but rely so strongly on the shadow of Satoshi to form our opinions when he built Bitcoin to be self reliant.  Satoshi was amazing for creating Bitcoin but even if he came and gave guidance to the community, I wouldn't just follow his exact words.

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