131–140 of 194 posts
Earlier quoted context omitted.
Is there another Buckethead that I'm not aware of, because the one that I'm thinking of has a pretty well-established identity.
Oh, interesting. So he only keeps his face secret, not his identity? I remember reading an interview with Ozzy Osbourne who said he refused to work with Buckethead because it spooked him that BH always kept a mask on, even when they talked in private.
https://evanhatch.medium.com/len-sassaman-and-satoshi-e483c8...
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despite their contributions, the primary similarity is that fans get married to the first personality they get exposed to and elevate that person. just like religion. there is nothing objective about that, there is nothing important about Charles Hoskinson's "surprise Ask Me Anything"
Adam Back has always been floated as a creator for like a decade
Earlier quoted context omitted.
Is there another Buckethead that I'm not aware of, because the one that I'm thinking of has a pretty well-established identity.
Oh, interesting. So he only keeps his face secret, not his identity? I remember reading an interview with Ozzy Osbourne who said he refused to work with Buckethead because it spooked him that BH always kept a mask on, even when they talked in private.
Earlier quoted context omitted.
If Satoshi cashed out even a single satoshi the market would crash because now the odds of him cashing out the rest will have just risen dramatically.
This gets thrown around alot but I disagree. Mark Zuckerberg sells Meta shares, Bezoes sells Amazon shares, Gates sold a large portion of Microsoft. The BTC market is big enough to support satoshi selling his coins. Hell the ETF market alone could absorb all his coins. I have yet to see anyone show how satoshi selling a single coin would crash the market. He has about 2 days worth of liquidity in a relatively mature…
what happens if wallet from satoshi is stolen and poured into the market for quick bucks? what happens if "satoshi" gets desperate for quick cash? idk this seems to be a major financial risk for bitcoiners, not altruism...
price dips have happened over these movements. the rumor mill is pretty cyclical. the price dips have had less and less magnitude over the years, as there are so many computing bullish and bearish forces in bitcoin now. headlines today that move bitcoin up 1% would have crashed bitcoin 35% a decade ago.
bitcoin has a lot more liquidity now, or in some periods of time has a lot more liquidity than now. a large sell can be absorbed. people's confidence in the bitcoin concept doesn't really shake just because someone selling ... runs out of things to sell.
many large bitcoin holders don't want govbucks, or state currency. they can do so much with their bitcoin, mostly earning yield by depositing it into something yield producing in the crypto economy, investing in other projects, supporting causes they believe in. it isn't important to them if a team or merchants gets govbucks somewhere down the line or immediately.
I think there is some systematic reason why people like Satoshi, Buckethead, Banksy, etc are not uncovered. In each case, I doubt that it really is hard to figure out who they are. Maybe it is the way the press and social media work. You get as many clicks for a wild theory as you get for a properly researched opinion. As for Satoshi Nakamoto: The most obvious candidate seems to be Adam Back. His invention of proof o…
I don't know about the others, but Banksy has been uncovered. It's Robin Gunningham. People still like to say it's "unconfirmed" and "a rumour" but if you look at the evidence there is no real doubt. So I guess part of the reason is that people love the mystery so much, as long as the suspect doesn't come out and say "yes it's me" then they'll just hang on to the mystery. To be honest even if Gunningham said "I am Ba…
Earlier quoted context omitted.
If Satoshi cashed out even a single satoshi the market would crash because now the odds of him cashing out the rest will have just risen dramatically.
This is silly. It is like saying nobody would invest in Amazon if Jeff Bezos sold even one share of his stock. Nonsense.
That's quite unlike a large shareholder of a company who could sell shares but chooses not to, and whose assets would be passed to someone else upon death.
Have state actors playing a longer honeypot sort of game been ruled out? Because btc is only pseudoanonymous, letting you observe and maybe link transaction sources and recipients, it gives SOME insight into the global movements of funds which were previously totally opaque and untraceable, such as cash, gold, and offshore instruments where there might be NONE. So for a small investment of a few cryptographic experts…
https://groups.csail.mit.edu/mac/classes/6.805/articles/mone...
Have state actors playing a longer honeypot sort of game been ruled out? Because btc is only pseudoanonymous, letting you observe and maybe link transaction sources and recipients, it gives SOME insight into the global movements of funds which were previously totally opaque and untraceable, such as cash, gold, and offshore instruments where there might be NONE. So for a small investment of a few cryptographic experts…
Bitcoin is more damaging to surveillance than helpful. Cash is being phased every year. The $10,000 limit in the USA was established in 1970, I guarantee it won’t be adjusted for inflation.