"Historically, people have taken up scarce commodities as money, if 
necessary taking up whatever is at hand, such as shells or stones.  Each 
has a kernel of usefulness that helped bootstrap the process, but the 
monetary value ends up being much more than the functional value alone. 
  Most of the value comes from the value that others place in it.  Gold, 
for instance, is pretty, non-corrosive and easily malleable, but most of 
its value is clearly not from that.  Brass is shiny and similar in 
colour.  The vast majority of gold sits unused in vaults, owned by 
governments that could care less about its prettiness.

Until now, no scarce commodity that can be traded over a communications 
channel without a trusted third party has been available.  If there is a 
desire to take up a form of money that can be traded over the Internet 
without a TTP, then now that is possible."

Satoshi

#Bitcoin 
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