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Card I-18: SATOSHI NAKAMOTO – Imagine there was a base metal as scarce as gold but … not useful for any practical or ornamental purpose and one special, magical property: can be transported over a communications channel.

Series I · Card 18 of 21 · SATOSHI’S MAILBOX

Imagine there was a base metal as scarce as gold but … not useful for any practical or ornamental purpose and one special, magical property: can be transported over a communications channel.

SATOSHI NAKAMOTO · BITCOINTALK · 27.08.2010

Turn it over, answer, sign – free, no account.

Source

BitcoinTalk, “Re: Bitcoin does NOT violate Mises’ Regression Theorem”, 27 August 2010, 17:32 UTC (abridged)

Open source · satoshi.nakamotoinstitute.org ↗

About the author

Pseudonymous creator of Bitcoin. Published the whitepaper “Bitcoin: A Peer-to-Peer Electronic Cash System” in 2008 and launched the network in 2009. Their identity remains unknown.

About the source

Bitcointalk: the forum Satoshi opened in November 2009 to talk about Bitcoin.

The question on the back

How important is it to you that something valuable is also tangible?