Foreign media reports that on July 29th, the Bitcoin community revisited a classic statement made by Satoshi Nakamoto on the Bitcointalk forum in 2010. This statement, made during a discussion about scaling and transaction speed, is still considered by many supporters to be one of the most representative early responses to Bitcoin's message.
The famous quote originated from a forum debate in 2010.
At the time, some users questioned whether Bitcoin was suitable for everyday payments, arguing that on-chain confirmation typically takes about 10 minutes, while bank card payments appear to be much faster in merchant scenarios. The article states that Satoshi Nakamoto explained in discussions that Bitcoin could achieve a faster payment experience with the help of third-party processors, even completing front-end confirmation in seconds.
After the other party insisted on measuring Bitcoin using the methods of the traditional banking system, Satoshi Nakamoto left behind a quote that has since become widely circulated: "If you don't believe me, or if you don't understand, I don't have time to convince you anymore, I'm sorry."
Bitcoin's status is different now than it was back then.
The article compares 2010 and 2026, noting that when Satoshi Nakamoto made these remarks, Bitcoin was priced at approximately $0.07, and the network participants were primarily a small number of tech enthusiasts. At that time, whether Bitcoin was truly viable still required repeated debate in online forums.
By 2026, the article argues that Bitcoin has evolved from an early experimental network into an asset attracting attention from major global financial institutions. The article mentions that governments and large institutions have recognized it as a tradable asset, with BlackRock and Morgan Stanley listed as representatives of this trend.
More like a market narrative review
The article also mentions that Bitcoin briefly broke through $126,000 last year and is currently hovering around $64,300, citing this change as evidence that "time has provided the answer." However, this piece is more of a commentary review about changes in market perception than a new independent news event.
