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Bitcoin
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Bitcoin is the first decentralized cryptocurrency. Based on a free-market ideology, bitcoin was invented in 2008 when an unknown person published a white paper under the pseudonym of Satoshi Nakamoto. Use of bitcoin as a currency began in 2009, with the release of its open-source implementation. From 2021 to 2025, El Salvador adopted it as legal tender currency before revoking it. As bitcoin is pseudonymous, its use by criminals has attracted the attention of regulators, leading to its ban by several countries.
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“Bitcoin is meant to be this wonderful freeing thing. It’s a load of old nonsense; think of the power it takes to drive, to replicate, all those transactions globally. I just think it’s crazy, on energy usage alone.”
“Bitcoin is getting there. But it’s not there yet. When it gets there, expect governments to panic and society to be reshaped into something where governments cannot rely on taxing income nor wealth for running their operations.”
“I think it's [Bitcoin] a technical tour de force, but that's an area where governments are gonna maintain a dominant role.”
“I understand the political ramifications of [bitcoin] and I think that government should stay out of them and they should be perfectly legal.”
“Bitcoin is the beginning of something great: a currency without a government, something necessary and imperative.”
“We have elected to put our money and faith in a mathematical framework that is free of politics and human error”
Quotes via Wikiquote (CC BY-SA), each with its original source.
