08-18-2021, 01:56 PM
THE quote of Satoshi Nakamoto
<!-- SC_OFF --><div class="md"><p>Since there is more and more cryptocurrencies and more and more big figures that try to influence the market, I wanted to share what I think is the real importance behind the cryptocurrencies :</p> <p>"<em>The root problem with conventional currency is all the trust that's required to make it work.</em> <strong>The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust</strong>. Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve. We have to trust them with our privacy, trust them not to let identity thieves drain our accounts."</p> <p>- Satoshi Nakamoto</p> <p>This is the quote who makes me believe in cryptocurrencies, and I really think that a better world is coming thanks to blockchain. Don't trust centralised exchanges, don't trust billionaires who want to pump or dump the price. Believe in the technology !</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/waughandy"> /u/waughandy </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/p6lbpn/the_quote_of_satoshi_nakamoto/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/p6lbpn/the_quote_of_satoshi_nakamoto/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Since there is more and more cryptocurrencies and more and more big figures that try to influence the market, I wanted to share what I think is the real importance behind the cryptocurrencies :</p> <p>"<em>The root problem with conventional currency is all the trust that's required to make it work.</em> <strong>The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust</strong>. Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve. We have to trust them with our privacy, trust them not to let identity thieves drain our accounts."</p> <p>- Satoshi Nakamoto</p> <p>This is the quote who makes me believe in cryptocurrencies, and I really think that a better world is coming thanks to blockchain. Don't trust centralised exchanges, don't trust billionaires who want to pump or dump the price. Believe in the technology !</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/waughandy"> /u/waughandy </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/p6lbpn/the_quote_of_satoshi_nakamoto/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/p6lbpn/the_quote_of_satoshi_nakamoto/">[comments]</a></span>Kind Regards R