41–50 of 113 posts
If he's not Satoshi and doesn't have Satoshi's keys the what is the point of saying he is Satoshi? Seems like a long way to go for some notoriety and no financial gain.
If he's not Satoshi and doesn't have Satoshi's keys the what is the point of saying he is Satoshi? Seems like a long way to go for some notoriety and no financial gain.
In fairness, anyone trying to convince me of any given fact of authorship could do well by leaving the bright red shirt and braces combo in the wardrobe.
I just don't understand why the guy claiming he is the creator and main programmer of a cutting edge anti-establishment crypto asset, would present himself as a suit and tie wearing business man who drinks champagne. Like wtf is going on.
Earlier quoted context omitted.
There was no potential upside of becoming fabulously rich. Nobody can “extract” those keys.
No need to extract keys, the Bitcoin devs could just change the code. Even lock up the original and mint new ones for Craig. It's just code in the end. Similar to how Eth changed the code to nullify the DAO hack.
Earlier quoted context omitted.
While the lawsuit was insane, it serves a good reminder that when Bitcoiners proudly proclaim that “governments have no power over them”, it’s not quite that simple in lots of ways. If the governments of the world really started to believe their fiscal powers or national currencies were threatened by crypto, they have an extensive repertoire of tools to shut it down.
Ultimately I can memorise 12 words representing my private key. And when the dictatorship finally ends, or I manage to flee, no government can ever freeze my money. No tax man, no dictator, and no other thief can distinguish someone who memorised 12 words from someone who didn't.
No government can freeze your bitcoins.
It's not money.
You might find it ever increasingly difficult to change bitcoins to real money if a country -- or multiple -- is against it. No such thing happens currently but there are constant efforts to bring KYC and so forth to exchanges.
Earlier quoted context omitted.
While the lawsuit was insane, it serves a good reminder that when Bitcoiners proudly proclaim that “governments have no power over them”, it’s not quite that simple in lots of ways. If the governments of the world really started to believe their fiscal powers or national currencies were threatened by crypto, they have an extensive repertoire of tools to shut it down.
You misunderstand the point people saying this make. They know governments can suppress their freedoms ultimately but since Bitcoin is an open and public system, the measures governments have to use to "kill" it force them to limit very fundamental freedoms (like freedom of speech to restrict the publishing of its source code, freedom to consume the energy citizens purchase and/or produce how they want, neutral acces…
But, it's there, and if Bitcoin began to chip away at the core of any state you can expect it to be used.
Some people say that they can't take my gold. Some people say that they can't take my guns. But history says that they can and will and have.
…to liars everywhere. He lied, he forged documents, he filed suits. Most people will never go to these lengths to back up their lies, no matter how big the potential windfall. You have to respect the dedication if nothing else.
Earlier quoted context omitted.
While the lawsuit was insane, it serves a good reminder that when Bitcoiners proudly proclaim that “governments have no power over them”, it’s not quite that simple in lots of ways. If the governments of the world really started to believe their fiscal powers or national currencies were threatened by crypto, they have an extensive repertoire of tools to shut it down.
Governments can shut down the core developers, or at least force them into hiding and force them to use nyms (like they should do, as cypherpunks anyways). But stopping people from downloading and running some code… well on a closed eco system like Apple App Store, sure, you can pressure a company into compliance, but how are you going to stop determined people? Who download and share code over I2P and TOR? It’s off…
In addition you make it an offense to fail to disclose knowledge of the use of such capabilities, and you institute a system of rewards to positively encourage disclosure.
Perhaps you call it social credit.
You are correct that there are a few people who would defy such a system, a very few.
Anything in this story that wasn't news 2-6 months ago? Craig Wright Lied About Creating Bitcoin and Faked Evidence, Judge Rules https://news.ycombinator.com/item?id=40416629 Judge rules Craig Wright is not Satoshi Nakamoto https://news.ycombinator.com/item?id=39704116 Bitcoin Creator Isn't Craig Wright, London Judge Rules https://news.ycombinator.com/item?id=39705642