Nathaniel Popper
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“It’s either going to change everything, or nothing,”
― Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money
― Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money
“Wences had first learned about Bitcoin in late 2011 from a friend back in Argentina who thought it might give Wences a quicker and cheaper way to send money back home. Wences’s background in financial technology gave him a natural appreciation for the concept. After quietly watching and playing with it for some time, Wences gave $100,000 of his own money to two high-level hackers he knew in eastern Europe and asked them to do their best to hack the Bitcoin protocol. He was especially curious about whether they could counterfeit Bitcoins or spend the coins held in other people’s wallets—the most damaging possible flaw. At the end of the summer, the hackers asked Wences for more time and money. Wences ended up giving them $150,000 more, sent in Bitcoins. In October they concluded that the basic Bitcoin protocol was unbreakable, even if some of the big companies holding Bitcoins were not. By”
― Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money
― Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money
“He did not know C++, the programming language that Satoshi had written Bitcoin in, so Martti began teaching himself.”
― Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money
― Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money
Topics Mentioning This Author
| topics | posts | views | last activity | |
|---|---|---|---|---|
| Booktastic Bookah...: About You Part 2 2018 | 4 | 10 | Feb 08, 2018 09:30AM | |
| The Challenge Fac...: Hooray for Technology! E-Reader Challenge-January Edition | 20 | 56 | Feb 09, 2018 05:04AM | |
| 2025 & 2026 Readi...: Richo's Challenges to Get to 1,000 Books | 83 | 455 | Oct 28, 2018 05:12AM | |
Nothing But Readi...:
Level 1 of the Serious Reader Challenge for 2018
|
243 | 807 | Dec 19, 2018 08:24PM | |
| 2025 & 2026 Readi...: Richo's 365 books for 2018 | 944 | 646 | Jan 06, 2019 03:57AM | |
The Seasonal Read...:
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3410 | 310 | May 31, 2020 09:01PM |
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