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+---
+layout: default
+title: 'Re: Bitcoin v0.1 released'
+date: 2009-01-16 18:35:31
+grand_parent: Emails
+parent: Dustin Trammel
+nav_order: 5
+---
+
+# Re: Bitcoin v0.1 released
+
+The email on the Cryptography Mailing List that announced Bitcoin publicly to the world.
+{: .fs-6 .fw-300 } 
+
+---
+
+```
+From satoshi@vistomail.com Fri Jan 16 18:35:31 2009
+Return-Path: <satoshi@vistomail.com>
+Delivered-To: dustintrammell-dtrammell@dustintrammell.com
+Received: (qmail 2332 invoked from network); 16 Jan 2009 18:35:31 -0000
+Received: from anonymousspeech.com (HELO mail.anonymousspeech.com)
+ (124.217.253.42) by oaklabs.net with SMTP; 16 Jan 2009 18:35:31 -0000
+Received: from server123 ([124.217.253.42]) by anonymousspeech.com with
+ MailEnable ESMTP; Sat, 17 Jan 2009 02:35:17 +0800
+MIME-Version: 1.0
+Date: Sat, 17 Jan 2009 00:03:14 +0800
+X-Mailer: Chilkat Software Inc (http://www.chilkatsoft.com)
+X-Priority: 3 (Normal)
+Subject: Re: Bitcoin v0.1 released
+Content-Type: text/plain
+From: "Satoshi Nakamoto" <satoshi@vistomail.com>
+Reply-To: satoshi@vistomail.com
+To: dtrammell@dustintrammell.com
+Cc: bitcoin-list@lists.sourceforge.net, cryptography@metzdowd.com
+Message-ID: <CHILKAT-MID-30c0e5a0-3435-5411-3f7b-3fe798efbe86@server123>
+X-Evolution-Source: pop://dustintrammell-dtrammell@mail.oaklabs.net/
+Content-Transfer-Encoding: 8bit
+
+> Dustin D. Trammell wrote:
+> > Satoshi Nakamoto wrote:
+> > You know, I think there were a lot more people interested in the 90's,
+> > but after more than a decade of failed Trusted Third Party based systems
+> > (Digicash, etc), they see it as a lost cause. I hope they can make the
+> > distinction that this is the first time I know of that we're trying a
+> > non-trust-based system.
+>
+> Yea, that was the primary feature that caught my eye. The real trick
+> will be to get people to actually value the BitCoins so that they become
+> currency.
+ 
+I would be surprised if 10 years from now we're not using
+electronic currency in some way, now that we know a way to do it
+that won't inevitably get dumbed down when the trusted third party
+gets cold feet.
+
+It could get started in a narrow niche like reward points,
+donation tokens, currency for a game or micropayments for adult
+sites.  Initially it can be used in proof-of-work applications
+for services that could almost be free but not quite.
+
+It can already be used for pay-to-send e-mail.  The send dialog is
+resizeable and you can enter as long of a message as you like.
+It's sent directly when it connects.  The recipient doubleclicks
+on the transaction to see the full message.  If someone famous is
+getting more e-mail than they can read, but would still like to
+have a way for fans to contact them, they could set up Bitcoin and
+give out the IP address on their website.  "Send X bitcoins to my
+priority hotline at this IP and I'll read the message personally."
+
+Subscription sites that need some extra proof-of-work for their
+free trial so it doesn't cannibalize subscriptions could charge
+bitcoins for the trial.
+
+It might make sense just to get some in case it catches on.  If
+enough people think the same way, that becomes a self fulfilling
+prophecy.  Once it gets bootstrapped, there are so many
+applications if you could effortlessly pay a few cents to a
+website as easily as dropping coins in a vending machine.  
+
+Satoshi Nakamoto
+http://www.bitcoin.org
+```