Satoshi Nakamoto email excerpt

Excerpt from an email by Satoshi Nakamoto.

Subject: Bitcoin v0.1 released
Datetime: Fri Jan 16 11:03:14 EST 2009

It contains some ideas on initial applications of blockchain-as-money.

---

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.

...

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.

---

Source:
https://www.metzdowd.com/pipermail/cryptography/2009-January/015014.html