Satoshi Nakamoto's Page

"Quite interesting project. I am curator of a micro-currency in Germany called Rheingold. It is based on cash. Therefore the problem of "trust" is not solved. However, we do not have a central bank giving money as credit, but here, every…"

"Dear Satoshi, Could you propose a text for our regular p2p blog, with eventual responses to the main questions here? Our regular blog has a lot more readers (about 10x) than our Ning community blog, Michel"

"No, nothing like LETS at all. LETS is book entry for one, and for another the total amount of currency is always zero. When you issue a credit to someone else because they've done something for you, you receive a debit. The trouble with a LETS…"

"As far as I can understand it we are dealing here with another glorified form of LETS, or CCs in electronic form ofcourse. The question is this. How will this help to change the big issues of our world such as global warming, food security,…"

"The London Mint was unable to make enough small coins in Isaac Newton's day. Private minters stepped in. If bitcoin can't make enough coins and small enough coins so that people can trade at the value they want, then it will be replaced by…"