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Craig Steven Wright claims to be Satoshi Nakamoto

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Re: Craig Steven Wright claims to be Satoshi Nakamoto

#22
Why would he verify that he is the creator? Even though Bitcoin is past the phase where the governments can criminalize it publicly they will surely torture him in every roundabout way possible for the rest of his life.

He seems to be owning up to it in order to protect others but I think he has no idea what he is getting into. They mention that his house was raided a couple of years ago but I guess that didn't phase him.

Re: Craig Steven Wright claims to be Satoshi Nakamoto

#24
"Mr Wright has also demonstrated this verification in person to The Economist—and not just for block 9, but block 1." Economist confirms: http://www.economist.com/news/briefings/21698061-craig-steve...

BBC says it's also confirmed through GQ but I don't see anything related yet.

(My view below)

The way he is communicating in the interview sounds like the government was putting pressure on him. Whomever is 'forcing him' to come out as Nakamoto, I don't think this will end well for Wright nor his companies.

Re: Craig Steven Wright claims to be Satoshi Nakamoto

#25
post #4

"Satoshi Nakamoto is believed to amassed about one million Bitcoins which would give him a net worth, if all were converted to cash, of about $450m." Anyone know what this was worth at its peak?

The question is can he liquidate his holdings without causing a market crash? Not just because of economics of demand and supply but because of the psychological effects on the market.

considering the cause for him needing to liquidate is known, he has major tax penalties he has to pay, exchanging them now won't cause as big of a stir as if he did it when he was anonymous and would lead to suspicion of some sort of problem with the protocol. and a run to cash in.

Re: Craig Steven Wright claims to be Satoshi Nakamoto

#26
EDIT 2: Debunked!

The signature in Wright's post is just pulled straight from a transaction on the blockchain. Convert the base64 signature from his post (MEUCIQDBKn1Uly8m0UyzETObUSL4wYdBfd4ejvtoQfVcNCIK4AIgZmMsXNQWHvo6KDd2Tu6euEl13VTC3ihl6XUlhcU+fM4=) to hex (3045022100c12a7d54972f26d14cb311339b5122f8c187417dde1e8efb6841f55c34220ae0022066632c5cd4161efa3a2837764eee9eb84975dd54c2de2865e9752585c53e7cce), and you get the signature found in this transaction input: https://blockchain.info/tx/828ef3b079f9c23829c56fe86e85b4a69...

Note that the base64 string at the top of his post isn't a signature, just a cleartext message: " Wright, it is not the same as if I sign Craig Wright, Satoshi.\n\n".

Now the only question is how he fooled Gavin. I would imagine this story will still get spread around some naive channels for a while, just like the last time Wright tried something like this.

Credit goes to jouke in #bitcoin for figuring it out.

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EDIT: Current opinion: still skeptical. Here is the public cryptographic "proof": http://www.drcraigwright.net/jean-paul-sartre-signing-signif...

Something still seems off to me, why does he go into such specific detail in verifying the signature? I would have assumed he would just let people figure out the verification themselves. But maybe I'm just skeptical because Satoshi having a public identity takes some of the magic away.

As pointed out by maaku, he never revealed what message the signature is supposed to be signing.

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My Original Post:

Everyone in this thread is already taking this as the truth. But remember that Wright has not publicly released any cryptographic proof, there is only a claim from BBC that he showed the signature to them and a few magazines.

This strikes me as a little strange since originally Satoshi pretty much only interacted with the community via the bitcoin mailing list. Why did he "reveal" the proof by sending it to some magazines rather than emailing the mailing list?

It really seems like the person who created Bitcoin, a trustless system based on cryptographic proof, wouldn't make everyone take his word on his identity when it could be trivially solved with one email.

Re: Craig Steven Wright claims to be Satoshi Nakamoto

#27
post #7
post #2

In a way it's a slightly disappointing end to the mystery!

I see what you mean! It felt like the end of the Perplexity puzzle that existed, the moment it was found the excitement behind it all just didn't keep going! Mind you, the card to find someone using six degrees of separation is also called Satoshi! http://perplexcitywiki.com/wiki/Billion_to_One

Hah, I was just thinking about Perplex City the other day and wondered if that Satoshi was ever found. I really did love that game and the community around it.

Re: Craig Steven Wright claims to be Satoshi Nakamoto

#30
post #4

"Satoshi Nakamoto is believed to amassed about one million Bitcoins which would give him a net worth, if all were converted to cash, of about $450m." Anyone know what this was worth at its peak?

The question is can he liquidate his holdings without causing a market crash? Not just because of economics of demand and supply but because of the psychological effects on the market.

Perhaps folks more knowledgable could weigh in if a large liquidation event could happen by darkpools or some other means that wouldn't cause an oversupply "market run."
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