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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'

#51

Post by Finnucane »

bitJericho wrote: post #31
Finnucane wrote: post #25

Earlier quoted context omitted.

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.

So Bitcoin could conceivably be 'burned' faster than new bitcoin can be made. That might be great for a collector's market, but sounds like a bad plan for a useful currency.

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

#52

Post by brador »

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…

The Goodbye at the end is worrying, but he simply needs to do one small action to prove his case and put an end to it all.

It would take less than 5 minutes, which leaves the question, why drag it on like this?

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

#54

Post by gtrubetskoy »

user24 wrote: post #42
dempseye wrote: post #34

Earlier quoted context omitted.

Source for this?

https://bitcointalk.org/index.php?topic=775174.0 Discussion at the time: https://www.reddit.com/r/Bitcoin/comments/1zrshb/real_satosh... The consensus is that it was not from the real Satoshi. In fact the reaction to that forum post are the same as the reaction to CSW's claims: Sign it or it's worthless.

> Sign it or it's worthless.

Good point. But on a second thought - signing it might have been in violation of whatever secrecy requirement, possibly a crime, under this theory we will never ever see anything signed from Satoshi.

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

#55

Post by bpchaps »

brador wrote: post #52
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…

The Goodbye at the end is worrying, but he simply needs to do one small action to prove his case and put an end to it all. It would take less than 5 minutes, which leaves the question, why drag it on like this?

Because mental health issues can cause rationalizations to stack one on top of the other. It sucks, but it would explain it.

(I'm not actually claiming that's what's actually going on, for what it's worth. Just that the behavior has a familiar feel.)

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

#56

Post by serf »

supercoder wrote: post #36

It's a suicide note.

> it's a suicide note

.. or an attempt to bolster the flames of a dying media spectacle that keeps your name up at the top of the news feeds.

I hope I'm right, I hate the idea of a guy being driven to suicide; even more than I hate the idea of him social engineering media outlets en masse to self-promote.

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

#57

Post by celticninja »

gamache wrote: post #39
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.

Also the old guy was going to have to prove a negative. Can't be done.

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

#58

Post by chriswarbo »

crystalmeph wrote: post #17

Tin-foil, but if I were Satoshi and wanted to remain anonymous, and some journalists started snooping around, one way to shut them down would be to publicly post a "proof" that seems technical enough to get the reporters to run out screaming "we got him!" but falls apart once more technical people start investigating...

If you treat the "proof" falling apart under scrutiny as evidence that he is Satoshi, then to remain consistent you must treat a strong proof which holds up under scrutiny as evidence against him being Satoshi.

http://lesswrong.com/lw/ii/conservation_of_expected_evidence

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

#59

Post by chjj »

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…

> is that the real Satoshi has not put out a statement calling this guy out as a fraud

And what about the inverse? If he is Satoshi, why didn't he just put out a signed statement saying he is Craig? Satoshi seemed perfectly capable of producing valid signatures (and he could do it without a 25-page blog post).

Stop giving him the benefit of the doubt. He couldn't produce a valid signature. He couldn't move old coins. He couldn't explain the blockchain with anything more than an amateur understanding of it (his article describing mining had at least 2 major factual errors I could pick out in the first 2 paragraphs). When he realized he couldn't keep the charade up, he gave up. It's really that simple.

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

#60

Post by mathattack »

brador wrote: post #52
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…

The Goodbye at the end is worrying, but he simply needs to do one small action to prove his case and put an end to it all. It would take less than 5 minutes, which leaves the question, why drag it on like this?

I read the Goodbye as someone backed into a corner who can't prove it.
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