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January 1, 2025· SSRN Electronic Journal
preprint
Open access

Bitcoin in Satoshi's Own Words

Authors:Timothy Peterson *

Abstract

This document is a verbatim, thematically organized compilation of Satoshi Nakamoto’s writings—drawn from his forum posts, emails, and the Bitcoin whitepaper—presented without paraphrasing or outside interpretation. It traces Satoshi’s reasoning, architecture, and vision for Bitcoin as a peer-to-peer electronic cash system that replaces trust with cryptographic proof. Covering technical design, economic principles, security assumptions, and predictions for adoption, it captures both the engineering precision and the foresight with which Satoshi anticipated mining centralization, smart contracts, and alternative digital currencies. The result is an unfiltered account of Bitcoin’s origin, entirely in Satoshi’s own words.

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