Every January 3rd, the cryptocurrency community commemorates a special moment—the birth of the Bitcoin genesis block. This day is also regarded as the starting point of the ideal of peer-to-peer electronic cash.



Do you remember that white paper that changed financial history? The core ideas outlined by Satoshi Nakamoto still shine brightly today:

"A purely peer-to-peer electronic cash system that allows online payments to be sent directly from one party to another without going through a financial institution."

Concise yet profound. This statement hits the pain points of traditional finance—the existence of third-party institutions increases costs, risks, and transaction friction. The decentralized payment ideal has been transforming the entire financial ecosystem since then. From Bitcoin to today’s Web3 market, this vision has been redefined through repeated iterations. Every participant is demonstrating the contemporary significance of this original dream through their actions.
BTC1,7%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
SigmaBrainvip
· 6h ago
Satoshi Nakamoto's words were so brilliant, and it's still happening now... Banks can't even laugh when they think about it, haha
View OriginalReply0
0xSleepDeprivedvip
· 6h ago
To be honest, Nakamoto's statement still hits hard today; it's just so straightforward and blunt that it changed the entire game.
View OriginalReply0
ShamedApeSellervip
· 6h ago
Satoshi Nakamoto's words really hit home, but watching various exchanges now cut the leeks, it still feels far from the true dream of P2P.
View OriginalReply0
CodeZeroBasisvip
· 6h ago
The sentence in the white paper is well said, but now there are actually more platforms and intermediaries haha
View OriginalReply0
SadMoneyMeowvip
· 6h ago
Really, every time I see this topic, I feel a bit emotional. Ideals are grand, but reality is quite harsh haha --- How many people still remember Satoshi Nakamoto's original intention? Everyone is just thinking about how to make quick money --- Decentralized payments, but in the end, they are still centralized on various platforms. Irony --- The 1.3th is indeed worth commemorating, but looking at how things are now... never mind, I won't say more --- From P2P electronic cash to today's speculative paradise, there seems to be a problem with this evolutionary direction --- It sounds nice, but isn't it just major exchanges cutting us like leeks? Haha --- No third parties needed, but now there are even more intermediaries than before. Clever --- If Satoshi Nakamoto saw how things are now, I wonder if he would regret it --- Ideals are beautiful, making money is real, but we are truly struggling
View OriginalReply0
ConsensusDissentervip
· 7h ago
Honestly, it's a bit ironic to talk about these ideals now. Banks are still harvesting profits, and the crypto world isn't much better. Satoshi Nakamoto's dream has all been turned into a playground for capitalists. Can it really be decentralized? To me, it looks like new centers are emerging. We should have stuck to the essence of P2P cash from the start—no need for layer2 or ecosystems. The more complex and centralized it becomes. Just commemorate it once a year, and the profits are still being taken.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)