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“What was lost in the cacophony was the technology that lay at the core: the ability to transfer wealth to anyone, anywhere—instantaneously, securely, and without a trusted middleman.”
― The Bitcoin Big Bang: How Alternative Currencies Are About to Change the World
― The Bitcoin Big Bang: How Alternative Currencies Are About to Change the World
“Carrying a trunk full of cash was impractical, especially if you were making the trip by foot. However, carrying an ounce of gold was not only lighter but much more secure,”
― The Bitcoin Big Bang: How Alternative Currencies Are About to Change the World
― The Bitcoin Big Bang: How Alternative Currencies Are About to Change the World
“modern-day digital currency entrepreneurs”
― The Bitcoin Big Bang: How Alternative Currencies Are About to Change the World
― The Bitcoin Big Bang: How Alternative Currencies Are About to Change the World
“The electronic age of finance made the property that made gold desirable irrelevant in modern financial transactions.”
― The Bitcoin Big Bang: How Alternative Currencies Are About to Change the World
― The Bitcoin Big Bang: How Alternative Currencies Are About to Change the World
“The blockchain is the record of all transactions, private keys are the security system, and mining is the process of verifying transactions.”
― The Bitcoin Big Bang: How Alternative Currencies Are About to Change the World
― The Bitcoin Big Bang: How Alternative Currencies Are About to Change the World




