Satoshi Nakamoto's Crucial Bitcoin Insight Echoes After 14 Years: Details

Satoshi Nakamoto's insight continues to resonate years after Bitcoin's inception

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions.

Satoshi’s message was:"Imagine there was a base metal as scarce as gold but with the following properties: 1. boring grey in color. 2. not a good conductor of electricity. 3. not particularly strong but not ductile or easily malleable either. 4. not useful for any practical or ornamental purpose and one special magical property: it can be transported over a communications channel.

This controlled supply schedule is an important part of Bitcoin's value proposition. As issuance slows and demand soars, Bitcoin is designed to become scarcer over time, an appealing quality against unlimited fiat money printing and currency debasement.Tomiwabold is a cryptocurrency analyst and an experienced technical analyst. He pays close attention to cryptocurrency research, conducting comprehensive price analysis and exchanging predictions of estimated market trends.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Utoday_en /  🏆 295. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Satoshi Nakamoto Had Alternative Name Option for BitcoinBitcoin's name could have been Titcoin
Read more »

Satoshi Nakamoto's Historic Bitcoin Milestone Turns 16: DetailsPseudonymous BTC creator Satoshi Nakamoto took pivotal step in Bitcoin development
Read more »

FBI Breaks Silence About Bitcoin Creator Satoshi NakamotoFBI has responded to request about Satoshi's identity
Read more »

Satoshi Nakamoto's Original Bitcoin Goal Shared by CryptoQuant CEOFounder of CryptoQuant has reminded crypto community of what Satoshi Nakamoto wanted Bitcoin for
Read more »

Satoshi Nakamoto's Historic Email Turns 16: DetailsThis email was first recorded Bitcoin communication
Read more »

Bitcoin Wallet From Satoshi Era Awakens After 11 Years, Transfers $14MCrypto Blog
Read more »