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Reported Bitcoin 'founder' Craig Wright's home raided by Australian police

theguardian.com

121–130 of 161 posts

Re: Reported Bitcoin 'founder' Craig Wright's home raided by Australian police

#121
post #117

Earlier quoted context omitted.

> Why oh why can't journalists just respect his wishes! Because it's their job not to. Lots of people don't want to be found but it's in the public interest to find them. I'd argue the same goes for the creator of Bitcoin. It's in the public interest to find this person and see what they stand to gain from Bitcoin's continued use and value, and what they are likely to do with the money. You will respond that it doesn…

What if knives had been invented by a drug lord? Who cares? What's important is whether knives are useful to us or not. If the inventor is a drug lord, then the problem is that he is a drug lord, not that he invented knives. If someone invents something useful, then he should be rewarded, independently of whether he then uses the resulting money to save starving children or to buy Doritos all to himself. If he does s…

You missed my point entirely.

The point is if we know he's a bad person, we can choose not to use Bitcoin as is, and instead use a fork of it where he doesn't profit from it.

Also stop with the myth that Bitcoin was completely invented by one guy. It was based upon ideas from a lot of people prior to Satoshi. If there's a moral obligation to reward him (there is not) then there's a moral obligation to reward all of them as well (there still isn't.)

Re: Reported Bitcoin 'founder' Craig Wright's home raided by Australian police

#122
post #121

Earlier quoted context omitted.

What if knives had been invented by a drug lord? Who cares? What's important is whether knives are useful to us or not. If the inventor is a drug lord, then the problem is that he is a drug lord, not that he invented knives. If someone invents something useful, then he should be rewarded, independently of whether he then uses the resulting money to save starving children or to buy Doritos all to himself. If he does s…

You missed my point entirely. The point is if we know he's a bad person, we can choose not to use Bitcoin as is, and instead use a fork of it where he doesn't profit from it. Also stop with the myth that Bitcoin was completely invented by one guy. It was based upon ideas from a lot of people prior to Satoshi. If there's a moral obligation to reward him (there is not) then there's a moral obligation to reward all of t…

And you've missed the point where lives have been ruined and people could potentially be killed as a result of this nonsense.

Re: Reported Bitcoin 'founder' Craig Wright's home raided by Australian police

#123
post #46

Earlier quoted context omitted.

Gwern has a long history of obsessive and misdirected behavior on this subject which is likely to cause harm to others. This particular case is Gwern's N-th accused "satoshi"... and this time the evidence consists mostly of counter evidence. For example, these pgp signed emails are signed with the key with short ID 5EB7CB21 which is not the well known key, does not exist in old keyserver dumps, and has a pref-hash-al…

> This particular case is Gwern's N-th accused "satoshi" Not with this degree of certainty.

[deleted]

Re: Reported Bitcoin 'founder' Craig Wright's home raided by Australian police

#124
post #122
post #121

Earlier quoted context omitted.

You missed my point entirely. The point is if we know he's a bad person, we can choose not to use Bitcoin as is, and instead use a fork of it where he doesn't profit from it. Also stop with the myth that Bitcoin was completely invented by one guy. It was based upon ideas from a lot of people prior to Satoshi. If there's a moral obligation to reward him (there is not) then there's a moral obligation to reward all of t…

And you've missed the point where lives have been ruined and people could potentially be killed as a result of this nonsense.

Lives have not been ruined. In my opinion Newsweek owes Dorian Nakamoto some damages, but that will be decided in the courts. His life is not ruined, though, and nobody else's has been. That's way over-dramatic.

Re: Reported Bitcoin 'founder' Craig Wright's home raided by Australian police

#125
post #90

Once again, you have a journalist ruining a person's life by claiming they created BitCoin. Wired better be able to back it up.

If Wright isn't Satoshi, someone has gone to great lengths to fabricate a trail pointing to him -- and the evidence points to Wright himself building the case. I suspect that ATO raids have less to do with his "outing" than his outing has to do with the raids. After all, "ATO raids Bitcoin magnate" doesn't whip up much sympathy, but "ATO raids inventor of Bitcoin?" Ah, now we're talking above the fold news.

Re: Reported Bitcoin 'founder' Craig Wright's home raided by Australian police

#126
Let's say there is a tax related issue or governmental issue with wright? Still very coincidental now also what is interesting is that the government has released In the last few days an innovation agenda where there are a few benefits in the startup / tech sector. So much coincidence :/

Re: Reported Bitcoin 'founder' Craig Wright's home raided by Australian police

#127
post #117

"I do not want to be your posterboy. I am not found and I do not want to be." Why oh why can't journalists just respect his wishes! "People love my secret identity and hate me." It certainly seems that the Australian police aren't on particularly good terms with him at the moment. If the Australian government takes control of the Tulip Trust bitcoin stash, the world has to deal with a cryptocurrency being managed by…

> Why oh why can't journalists just respect his wishes! Because it's their job not to. Lots of people don't want to be found but it's in the public interest to find them. I'd argue the same goes for the creator of Bitcoin. It's in the public interest to find this person and see what they stand to gain from Bitcoin's continued use and value, and what they are likely to do with the money. You will respond that it doesn…

> it's in the public interest to find them.

Why? To bring their stash of bitcoins public via rubber hose cryptography?

> Iran... Michael Bay... drug lord...

None of these are very likely. It's much more likely that it is some reclusive technical genius who realizes that the release of their identity can have nothing but a negative impact on their lives. The chances are remarkably good that they would end up getting killed (or thrown in some state actor's prison) for their coins once their identity is revealed.

This kind of outcome isn't in anyone's interest.

Re: Reported Bitcoin 'founder' Craig Wright's home raided by Australian police

#128

"I do not want to be your posterboy. I am not found and I do not want to be." Why oh why can't journalists just respect his wishes! "People love my secret identity and hate me." It certainly seems that the Australian police aren't on particularly good terms with him at the moment. If the Australian government takes control of the Tulip Trust bitcoin stash, the world has to deal with a cryptocurrency being managed by…

If Satoshi really wanted to realise the value from his bitcoin holdings without being subject to a huge amount of tax he/she/they would ideally relocate to Germany where the tax office has said that if you hold them for over 1 year there is no capital gains tax (or equivalent) to pay.

That this guy was looking to move to the UK, where banks have been quite wary of bitcoin, (although the bank of england has not) is another strike against him being Satoshi. I would assume that anyone who was holding as much btc as we think satoshi has, and with this individual in particular in some sort of tax related issues, he would have been aware of german tax law and would seek to relocate there. Perhaps he was thinking of going from UK to Germany in time for 2020 when the Tulip fund would have been accessible.

Re: Reported Bitcoin 'founder' Craig Wright's home raided by Australian police

#129
post #17

I fear gwern has gone off the deep end on this one, situation is getting ridiculous: https://www.reddit.com/r/Bitcoin/comments/3vzgnd/bitcoins_cr...

Parent comment links to a Reddit comment by kanzure dated 2015-12-09 01:24:30 UTC which contains what could be reasonably interpreted as a death threat:

> "gwern's gonna get doxxed and left for dead"

Quoted to create an enduring record in case the comment is edited. Kanzure, you should probably step back and reconsider what you're doing here.

Re: Reported Bitcoin 'founder' Craig Wright's home raided by Australian police

#130
post #12

From the article: > Guardian Australia understands the raids are not related to the claims that Wright may have been involved in the creation of bitcoin, but are related to an Australian Tax Office investigation. So the story is that the Australian Tax Office just happened to be running an investigation looking into some facet of Craig Wright's finances. An investigation that apparently revealed some sort of abnormal…

There has been a long standing dispute between him and the Tax Office about whether his Bitcoins should be treated as assets ( higher tax rate ) or as currency. His lawyers have lobbied senior Cabinet Ministers in connection with this. I understand that he was planning to leave the country in January. Movers had been to his rented home in Gordon, Sydney and have removed much of his furniture. I assume that the Tax Of…

Source for all that?
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