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Craig Wright's signature is worthless

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Re: Craig Wright's signature is worthless

#21
post #17

Earlier quoted context omitted.

> What is the value of uncovering who Satoshi is? Learning the identity of someone with hundreds of millions of dollars worth of Bitcoin seems like the obvious one.

OK, but what about the opposite: what is the value of pretending to be rich when you are not? I mean, sure you can probably get a free pizza slice here and there, but what can you actually do?

I'm not certain but I believe the last time Wright was suspected of being Satoshi, he had some business venture he was trying to promote. Could be a repeat of last time.

Re: Craig Wright's signature is worthless

#22
post #17

Earlier quoted context omitted.

> What is the value of uncovering who Satoshi is? Learning the identity of someone with hundreds of millions of dollars worth of Bitcoin seems like the obvious one.

OK, but what about the opposite: what is the value of pretending to be rich when you are not? I mean, sure you can probably get a free pizza slice here and there, but what can you actually do?

A lot. If you convince the right people, then there's loans with easy terms. Funding for your companies. Entrance into some very useful networks. The list could go on and on.

Pretending to wealth is a con probably as old as money itself. Just imagine: you convince a lot of people that you're a billionaire who's lost your wallet. What can you get out of those people just by the promise you're good for it?

Re: Craig Wright's signature is worthless

#23
post #17

Earlier quoted context omitted.

> What is the value of uncovering who Satoshi is? Learning the identity of someone with hundreds of millions of dollars worth of Bitcoin seems like the obvious one.

OK, but what about the opposite: what is the value of pretending to be rich when you are not? I mean, sure you can probably get a free pizza slice here and there, but what can you actually do?

It's not about the money. It's about the fame - having you're name in stone for a very very long time. Some people see success as having their names printed in textbooks and in history books.

Re: Craig Wright's signature is worthless

#24
post #2

The big question mark for me isn't Wright, it's Gavin. Wright has presented a bunch of bs, no definite proof, and has seemingly not wanted to sign recent or new messages with his PGP key. For all intents and purposes, he's got zero credibility. Then Gavin comes along. A person who worked with Satoshi the longest, communicated with him the most, led the project in practice for years, is a computer scientist and well b…

> To me that's just bizarre. It's like Trump saying he'd be a great president and Obama meeting with him and saying he's the real deal, it'd just wouldn't happen.

It would happen if Gavin was Satoshi. Gavin attempts to permanently deflect things on to a smooth talking conman with liquidity problems to maintain his privacy.

Hell, he could even give Wright some of the bitcoins as payment for the cover.

Re: Craig Wright's signature is worthless

#25
post #17

Earlier quoted context omitted.

> What is the value of uncovering who Satoshi is? Learning the identity of someone with hundreds of millions of dollars worth of Bitcoin seems like the obvious one.

OK, but what about the opposite: what is the value of pretending to be rich when you are not? I mean, sure you can probably get a free pizza slice here and there, but what can you actually do?

Check out this classic movie: http://www.imdb.com/title/tt0046072/

Re: Craig Wright's signature is worthless

#26
post #17

What is the value of uncovering who Satoshi is? Or rather what is the value of being considered Satoshi? My pet theories: If Wright is Satoshi and wants to hide the fact, a good way to do that is to come off as a fraud If Wright is not Satoshi but knows who Satoshi is, and wants to protect him, why not just keep quiet? Was someone actually getting close to uncovering the identity and Wright is just trying to muddle t…

> What is the value of uncovering who Satoshi is? Learning the identity of someone with hundreds of millions of dollars worth of Bitcoin seems like the obvious one.

Why? Voyeurism? The government would surely be interested in absconding with the assets at some point, but that is their function. What is our interest in such things? Sure, whoever it is might flood the market, but that could happen whether or not we know the identity.

Re: Craig Wright's signature is worthless

#27
post #11
post #2

The big question mark for me isn't Wright, it's Gavin. Wright has presented a bunch of bs, no definite proof, and has seemingly not wanted to sign recent or new messages with his PGP key. For all intents and purposes, he's got zero credibility. Then Gavin comes along. A person who worked with Satoshi the longest, communicated with him the most, led the project in practice for years, is a computer scientist and well b…

What if Gavin choose to play with Wright to keep the real identity of Sathosi hidden?

What if he chose to play to bait the real Satoshi out of hiding?

Re: Craig Wright's signature is worthless

#28
post #2

The big question mark for me isn't Wright, it's Gavin. Wright has presented a bunch of bs, no definite proof, and has seemingly not wanted to sign recent or new messages with his PGP key. For all intents and purposes, he's got zero credibility. Then Gavin comes along. A person who worked with Satoshi the longest, communicated with him the most, led the project in practice for years, is a computer scientist and well b…

> To me that's just bizarre. It's like Trump saying he'd be a great president and Obama meeting with him and saying he's the real deal, it'd just wouldn't happen. It would happen if Gavin was Satoshi. Gavin attempts to permanently deflect things on to a smooth talking conman with liquidity problems to maintain his privacy. Hell, he could even give Wright some of the bitcoins as payment for the cover.

While I won't speculate whether Gavin is Satoshi or not, it does seem to me like it's more likely that Satoshi would continue participating in bitcoin under a different name rather than quitting altogether. It's hard to stay away from online communities that you're invested in, but one might want to push the "reset" button on their reputation, which is something the internet uniquely allows one to do. I believe it's plausible that Satoshi's beliefs in decentralization and consensus caused him to shelve the BDFL mantle so that his ideas could compete on their own merits.

Re: Craig Wright's signature is worthless

#29

What is the value of uncovering who Satoshi is? Or rather what is the value of being considered Satoshi? My pet theories: If Wright is Satoshi and wants to hide the fact, a good way to do that is to come off as a fraud If Wright is not Satoshi but knows who Satoshi is, and wants to protect him, why not just keep quiet? Was someone actually getting close to uncovering the identity and Wright is just trying to muddle t…

> What is the value of uncovering who Satoshi is? Or rather what is the value of being considered Satoshi?

Getting the officially stated opinion of the project's founder and rightful BDFL on controversial issues like blocksize.

Re: Craig Wright's signature is worthless

#30
post #2

The big question mark for me isn't Wright, it's Gavin. Wright has presented a bunch of bs, no definite proof, and has seemingly not wanted to sign recent or new messages with his PGP key. For all intents and purposes, he's got zero credibility. Then Gavin comes along. A person who worked with Satoshi the longest, communicated with him the most, led the project in practice for years, is a computer scientist and well b…

He's going to build a chain, and he's going to make the Fed pay for it.

I liked it.
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