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Old 3rd July 2020, 09:49 AM   #629
psionl0
Skeptical about skeptics
 
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Join Date: Sep 2010
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Originally Posted by Dr.Sid View Post
Even when BTC was one dollar, the project paid for itself nicely.
It would be years before bitcoin would be worth a cent - let alone a dollar.

Originally Posted by Dr.Sid View Post
That's exactly what BTC was for years. Intellectual curiosity.
Exactly.

Sure, the inventor may have thought that it would be nice if bitcoin became worth money (and was maybe entranced with the idea of a currency that was beyond manipulation) but you can be sure that it wasn't his primary motivation.

For a true geek, being able to come up with an answer to the Byzantine Generals problem would be a reward unto itself.
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"The process by which banks create money is so simple that the mind is repelled. Where something so important is involved, a deeper mystery seems only decent." - Galbraith, 1975
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