I thought this youtuber makes a good argument Satoshi is Adam Back. https://www.youtube.com/watch?v=XfcvX0P1b5g
Saw it a while back it’s pretty compelling that it is Adam
I Am Not Satoshi Nakamoto
91–100 of 185 posts
Re: I Am Not Satoshi Nakamoto
#92Earlier quoted context omitted.
>Most people don't care about self-hosting/self-managing their stuff and just want something that works and is easy to use. Crypto is no different to regular currencies in this regard. There's nothing stopping you from physically withdrawing all of your cash and stuffing it under your mattress. If you're concerned about the government devaluing your cash through dodgy bailouts of financial institutions, you can even…
>> you can even convert a significant percentage of it to precious metals that you bury in your garden. People tried that in the US once.. The government passed a law that made owning said metals illegal... Which was in effect from 1933 to 1974...
>People tried that in the US once.. The government passed a law that made owning said metals illegal...
>Which was in effect from 1933 to 1974...
And now it's almost 50 years later. Why is that relevant now?
Re: I Am Not Satoshi Nakamoto
#93The linked article [1] from 2019 has this:
> Honestly, cryptocurrencies are useless. They're only used by speculators looking for quick riches, people who don't like government-backed currencies, and criminals who want a black-market way to exchange money.
I guess “cryptocurrencies” could be replaced in this paragraph by many other things (past, present and forthcoming) that allow exchange of value and this would ring true to some or many people. The entire article had many great points, but this paragraph sullied it. I have a lot of respect for Bruce Schneier and his work, but I also realize that every human has their own biases and blind spots.
Re: I Am Not Satoshi Nakamoto
#94Earlier quoted context omitted.
> Sending money overseas is cheaper and more accessible with crypto. Not in any of the countries that have implemented PayID. (Most of Europe, Aus/NZ, and South America, with the US finally beginning to get on board this year). It's a case of sending to a mobile phone, with instant-3days timeline, with a cost in 20-50c range for anything less than $10k.
I can send many orders of magnitudes more in crypto (XLM in case you're wanting a reference, but there are more) faster and cheaper than that. and payID holds first time transactions for 24 hours...this isn't even marginally reasonable for many use-cases
It's not more accessible - and instant (10-30ms) is sort of hard to beat in terms of speed. (Instant is guaranteed for PayID if you have one transaction to that address ever).
Re: I Am Not Satoshi Nakamoto
#95Bitcoin uses elliptic curves. Schneier has infamously forsworn them, saying he doesn't trust the math. He hasn't to my knowledge (admittedly limited!) published any analyses of elliptic curve systems. He didn't need to tell anyone he wasn't Satoshi Nakamoto.
Not quite: he doesn't trust the constants . That's a big difference. He believes based on reading secret Snowden papers that the NSA has manipulated them via relationships with the industry. There are other curves that are NOT from NIST, like C25519, that are popular. In fact, the twisted edwards curve computation variant is also growing, which isn't the "traditional" (does that even make sense?) elliptic curve. Now…
My feeling is that I could back up both of these statements; the one you made, but also the one I made. He was saying these things before Snowden. And: again, just look at what he's published. He's not Satoshi.
(The NIST P-curves aren't backdoored.)
Re: I Am Not Satoshi Nakamoto
#96Quickly skimming through the Wired piece, am I weird for not being that uncomfortable with companies like Coinbase managing your crypto? Or Namebase.io managing Handshake domains? Most people don't care about self-hosting/self-managing their stuff and just want something that works and is easy to use. With both of these (Bitcoin & HNS) you can still have 100% control over it if you choose to. So what if 90% of people…
I've run my own e-mail for the past 20 years, including setting up DKIM and all of that. Why do nearly all of you use some corporate service like gmail?
Re: I Am Not Satoshi Nakamoto
#97Hal Finney is Satoshi, IMO. Not only is he the first person to respond to Satoshi and receive bitcoin, he lived minutes away from Dorian Satoshi Nakamoto, an unrelated person who Newsweek falsely claimed was Satoshi. Satoshi also stopped posting at the same time Hal's ALS disease became unbearable, and after Hal's death Satoshi never posted again. I believe Hal either interacted with Dorian or drove by his house and…
I reckon this guy has hit the nail on the head:
https://bitcointalk.org/index.php?topic=628344.msg48198887#m...
"I contend that James Simons put the team together that made up Satoshi Nakamoto and that Nick Szabo was the main public-facing voice behind the nym."
The overlap of Austro-libertarianism and crypto is not an accident.
Re: I Am Not Satoshi Nakamoto
#98While I can't say who I think is Satoshi Nakamoto, I can say that I believe with all my heart Craig S Wright is NOT Satoshi Nakamoto.
I don't know who it was, but I can agree with you I don't think it was Craig, and I can say with 75% certainty that I am not Satoshi Nakamoto, as well.
Re: I Am Not Satoshi Nakamoto
#99Earlier quoted context omitted.
I can send many orders of magnitudes more in crypto (XLM in case you're wanting a reference, but there are more) faster and cheaper than that. and payID holds first time transactions for 24 hours...this isn't even marginally reasonable for many use-cases
It's not more accessible - and instant (10-30ms) is sort of hard to beat in terms of speed. (Instant is guaranteed for PayID if you have one transaction to that address ever).
so payID, something not all countries have today can match the speed of crypto, can't match the fees and have a huge block on 1st time transactions.
crypto wins there - payID sounds like it's been something that should've existed decades ago, but crypto has solved this problem and done a better job
and yes it absolutely is more accessible - everywhere except maybe countries that make buying crypto illegal
Re: I Am Not Satoshi Nakamoto
#100Of course he isn’t Satoshi. Satoshi isn’t a big mystery, but the person(s) deserves the anonymity they can maintain. Bitcoin is the one true thing that has not been corrupted in this world, despite the decade of FUD thrown at it. Bruce however has shown my esteem for him was misplaced, worse by linking to WIRED, which long ago became an ideological propaganda site with no interest in advanced technology. Bitcoiners w…
A fixed supply that always grows in value doesn't encourage investment, just "hodl". And I ain't an economist, but hoarding wealth for the sake of hoarding wealth isn't good for society. If you have to invent another coin to encourage investment/spending rather than hoarding...well why not use that coin. I'm not entirely anti-crypto, I think Monero is neat.
That’s the nice thing about fiat money, hoarding it does nothing since the central bank can at will increase/decrease the money supply. There will always be enough money in circulation if the central bank isn’t asleep at the wheel.