“This is Satoshi’s gift to the world, an amazing network and community for the storage and exchange of value. And the only way to transact on that network, is by making use of digital currency units called ‘bitcoins’, of which there will only ever be 21 million in circulation. That is what makes these bitcoins so very special as an investment. And this is why, when you become familiar with the Bitcoin culture, you’ll bump into phrases like ‘one never sells all of his bitcoins’, or: ‘To the moon!’ – pointing out the enormous long term potential of this technology.”
http://letstalkbitcoin.com/7-lessons-a-talk-in-buenos-aires/
Related posts:
Ruby Ridge: The Age of State Terrorism Begins
Taking pills for unhappiness reinforces the idea that being sad is not human
Bill Bonner: Thank You, TSA, NSA, FBI, and CIA!
Michael Scheuer: On Syria, Our interventionists ensure America’s luck is running out
Bitcoin Mining’s Inevitable Cloud Future
14 Questions People Ask About How To Prepare For The Collapse Of The Economy
Washington's Reaction To Bitcoin Is Acknowledgement Of The Dollar's Vulnerability
The Keynesian Architects of the U.S. Warfare State - Joseph T. Salerno
China plans to turn itself into a country of 19 super-regions
The FED’s Money Trap
How to Fight the Modern State
"I'm Going to Take Him Out"
Lebanon’s Banks Have the Highest Cash Reserve Ratios in the World
A millionaire, a market crash and a murder
Incredible confusions: Why ‘austerity’ if we can just print the money?