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Bitcoin 'creator' backs out of Satoshi coin move 'proof'

bbc.co.uk

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Re: Bitcoin 'creator' backs out of Satoshi coin move 'proof'

#31

Post by bitJericho »

Finnucane wrote: post #25
numair wrote: post #12

It is interesting to note that the only Satoshi-existence scenario whose probability improves with each passing day, is the scenario in which Satoshi / the "Satoshis" is/are dead (unless you think Bitcoin was the first great invention of hyper-advanced AI, of course). Figuring out whether anyone actually knows who Satoshi is/was becomes more interesting than waiting for the person(s) to show up, because it will never…

If Satoshi is dead or not an individual person, then who owns his bitcoin? If Satoshi is dead, then his property would be subject to the probate laws of his home country. Can the bitcoin of a dead person be recovered if they don't make arrangements for it in their will? Or will blocks of bitcoin become inactive over time as their owners die?

Bitcoins can only be distributed if you have the private key for it. If satoshi dies and leaves the keys for his heirs, then its just a normal asset. If the keys are gone, then that money is unrecoverable, just like burning cash.

Re: Bitcoin 'creator' backs out of Satoshi coin move 'proof'

#33

Post by celticninja »

gtrubetskoy wrote: post #21
user24 wrote: post #15

Earlier quoted context omitted.

> The only time Satoshi spoke out was to help the poor bloke who was mistaken to be Satoshi no, the forum account was hacked to make that claim. It wasn't by Satoshi.

> no, the forum account was hacked to make that claim. It wasn't by Satoshi. Are you sure, I wasn't aware of that? Edit: the "I am not Dorian Nakamoto" was on March 7 2014, the account hack on Sept 8 of same year. It doesn't prove it conclusively. In fact the hack may well have been done deliberately, for a (kind of) plausible deniability (i.e. now you can't tell whether it was the real "Satoshi" and thus there was n…

The only sort of confirmation that I could find on that claim was that the original address was unused for over a year so was then available for registration by a new user, this was then used to allow a password reset on another account. I believe this was the gmx and vistomail accounts.

Re: Bitcoin 'creator' backs out of Satoshi coin move 'proof'

#34

Post by dempseye »

user24 wrote: post #15
gtrubetskoy wrote: post #14

My (non-provable) theory is that Satoshi is not a person but a team, now defunct, that was tasked with developing a crypto-currency. They are probably more scientists/mathematicians/economists than they are software developers, which would explain the very sound but not exactly elegant initial code. It would also explain the silence - the project is over, the team is probably bound to secrecy because this stuff is cl…

> The only time Satoshi spoke out was to help the poor bloke who was mistaken to be Satoshi no, the forum account was hacked to make that claim. It wasn't by Satoshi.

Source for this?

Re: Bitcoin 'creator' backs out of Satoshi coin move 'proof'

#35

Post by andremendes »

spdustin wrote: post #19

Okay seriously, is anyone contacting the authorities to see if this man is still alive? I do not know who to contact or what his location is. His "blog" post sounds like a suicide note - I've had the misfortune of reading others, and there are telltale signs - and it doesn't appear that anyone is taking steps to see if he's okay. Maybe he is a liar, maybe he's Satoshi, who gives a shit at this point when the jaded co…

As the author of one of those jaded comments, I'm worried about this possibility now.

I believe someone (healthy) close to him should take some care of him for a while. Regardless of his online identity.

Re: Bitcoin 'creator' backs out of Satoshi coin move 'proof'

#37

Post by sktrdie »

spdustin wrote: post #19

Okay seriously, is anyone contacting the authorities to see if this man is still alive? I do not know who to contact or what his location is. His "blog" post sounds like a suicide note - I've had the misfortune of reading others, and there are telltale signs - and it doesn't appear that anyone is taking steps to see if he's okay. Maybe he is a liar, maybe he's Satoshi, who gives a shit at this point when the jaded co…

I understand this, but there's also the dimension where his actions, whether true or not, are also damaging other people (Gavin's reputation is on the line).

We'd all be more worried for him if he wasn't so blatantly causing harm to other people's reputation.

Obviously he could suffer from severe mental illness, which combines elements of harming others and self harm, but as a society I think we should worry more about the person being harmed (ex. Gavin).

Re: Bitcoin 'creator' backs out of Satoshi coin move 'proof'

#38

Post by arxpoetica »

hugozap wrote: post #13
jgrahamc wrote: post #3

The note is terribly sad. I hope he has people around him to support him.

It's weird that he's afraid of proving it but not of being labeled as a con artist. It makes no sense.

Human nature, often, does not add up.

Re: Bitcoin 'creator' backs out of Satoshi coin move 'proof'

#39

Post by gamache »

ebbv wrote: post #16

One thing that gives me a little pause and makes me think maybe he is telling the truth (even though all other evidence and logic says he's a fraud) is that the real Satoshi has not put out a statement calling this guy out as a fraud. When the Dorian Nakamoto stuff happened the real Satoshi put out a statement saying he's not Dorian. That wasn't that long ago. If he did that you'd think he'd step up and say he's not…

> When the Dorian Nakamoto stuff happened the real Satoshi put out a statement saying he's not Dorian. That wasn't that long ago.

My read on that is that Satoshi felt sorry for the hapless Japanese-American guy with tech media showing up at his house.

In contrast, Craig Wright asked for this.

Re: Bitcoin 'creator' backs out of Satoshi coin move 'proof'

#40

Post by jbmorgado »

I think it follows the typical modus operandi of large part of the Bitcoin community:

1 - Propose flawed argument.

2 - Insert pink unicorns.

3 - When asked for proof, don't give it and instead claim this is exactly what's best for the world but that we are too short minded to understand it.

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