Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Satoshi Nakamoto acknowledges that Bitcoin is an "investment" and predicts a maximum of 100,000 network nodes

Satoshi Nakamoto acknowledges that Bitcoin is an "investment" and predicts a maximum of 100,000 network nodes

2024/02/23 15:13

According to Bitcoin Magazine editor Rizzo, Satoshi Nakamoto's earliest collaborator Martii "Sirius" Malmi has just released the complete email history between them, totaling 120 pages, which shows:

1. When asked about how Bitcoin will expand in the future, Satoshi Nakamoto speculated that the network would have a maximum of 100,000 nodes and delved into discussions on computation and the economics of a large-scale network. (Note: Currently there are around 50,000 nodes running Bitcoin);

2. Satoshi Nakamoto believed that the energy consumption of Bitcoin mining would be lower than traditional banking systems;

3. Satoshi Nakamoto anticipated at least one feasible non-monetary use case for Bitcoin, supporting timestamp use cases;

4. Satoshi Nakamoto expressed concerns about legal risks associated with launching Bitcoin but did not feel uncomfortable explicitly labeling it as an investment; furthermore, he himself did not introduce the term "cryptocurrency";

5. Satoshi Nakamoto considered Bitcoin to have become a way for transactions and free reserve currencies among other internet currencies.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!