Post
Topic
Board Bitcoin Discussion
Re: Bitcoin in 15 Words (or less?) for Laymen
by
ribuck
on 26/02/2011, 23:14:45 UTC
A currency fueled by raw anarchistic rage

Although Satoshi normally chooses his words very carefully, he did once or twice let his raw anarchistic rage show through, like when he wrote that with Bitcoin, "we can win a major battle in the arms race and gain a new territory of freedom for several years. Governments are good at cutting off the heads of a centrally controlled network like Napster, but pure P2P networks like Gnutella and Tor seem to be holding their own."

That comment earned him a rebuke from the list moderator:

Quote
A bunch of people seem anxious to branch the discussion of cryptographic cash protocols off into a discussion of the politics of money. I'm a rabid libertarian myself, but this isn't the rabid libertarian mailing list. Please stick to discussing either the protocols themselves or their direct practicality, and not the perils of fiat money, taxation, your aunt Mildred's gold coin collection, etc.

That suggests this version of Bitcoin in 15 words or less for laymen:

Bitcoin: gives rabid libertarians a new territory of freedom for several years.