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