The Bitcointalk exchange from July 29, 2010 resurfaced as Bitcoin trades near $64,300 after climbing above $126,000 last year and the broader crypto market reaches the trillions.
Bitcoin supporters are marking the 16th anniversary of one of Satoshi Nakamoto’s best-known remarks, posted on July 29, 2010 during a Bitcointalk debate over whether the network was too slow for everyday payments. In that discussion, held in a thread titled “Scalability and transaction rate,” Satoshi argued Bitcoin could enable fast payments within 10 seconds or less through third-party processors, before ending the exchange with the line: “If you don't believe me or don't get it, I don't have time to try to convince you, sorry.” The retrospective contrasts Bitcoin’s early days, when it traded around $0.07 and was maintained by only a few hundred enthusiasts, with its later role as a legal exchange-traded asset recognized by governments and major financial institutions including BlackRock and Morgan Stanley. The piece says the cryptocurrency market is now worth trillions of dollars, while Bitcoin remains near $64,300 after reaching an all-time high above $126,000 last year, framing the quote as a symbol of how innovation can outlast early skepticism.