Live data from Hacker News

Who is Satoshi Nakamoto? My quest to unmask Bitcoin's creator

nytimes.com

631–640 of 905 posts

Re: Who is Satoshi Nakamoto? My quest to unmask Bitcoin's creator

#631
post #337

Earlier quoted context omitted.

An estimated 22,000 addresses, 1.1 million Bitcoin. Present value $78 billion. That would make him the 23rd richest person in the world. Bill Gates by comparison is 'only' worth $102 billion these days. If you priced Gates backwards in gold, his $102 billion is about $13 billion two decades ago. He hasn't kept ahead of the destruction of the dollar very well.

If any of those addresses sold a single sat the price would crash hard .

I would bet heavily against that.

Someone selling single Satoshis from Satoshi's stash would herald the second coming of Satoshi. Can you imagine the hype?

Re: Who is Satoshi Nakamoto? My quest to unmask Bitcoin's creator

#632

Earlier quoted context omitted.

Hundreds of billions, not millions.

Naah, the moment the first million of those is sold -- the price crashes. In other words, imagine some investor had those billions, and could buy the key. Should they? A thing is worth as much as someone is willing to pay for it.

They might crash the price if they sold the whole stake in one go, sure.

But I predict that modest selling would increase the bitcoin price. Just imagine the hype from the Second Coming of Satoshi. Bitcoin would be front page news in mainstream newspapers for that week.

Re: Who is Satoshi Nakamoto? My quest to unmask Bitcoin's creator

#633
post #312

Simple question for anyone who’s familiar with this world of journalism: how does the author and the NYTimes cope with the fact that making such claims paint a huge target on the person they claim to have “unmasked”? Satoshi’s wallets are worth hundreds of millions of dollars, and there have been kidnappings/torture/murders for much less than that. Do they just not care about the ethical implications? And really, for…

He is a billionaire who should pay taxes.

Depends on jurisdiction.

Re: Who is Satoshi Nakamoto? My quest to unmask Bitcoin's creator

#634

Can I just ask why people are so fixated on revealing Satoshi's identity? This article phrases it as some pure, innocent and almost academic pursuit, driven by curiosity and the mystique itself. But the amount of effort spent on trying to find Satoshi is immense. He must be the internet's most doxxed person by now. Is it just because of his wealth? Is someone trying to exact revenge on him? Or is he wanted by the aut…

It's a silly topic to spend (waste) time on, but I can't help it, I just find it sort of fascinating. It's a mystery where you have to try and put together different pieces of evidence, match things up, try and look for hidden connections - a certain type of human mind (mine, I guess) just finds that process rewarding. I've gone down most of these rabbit holes and my 2c is it's one of these two people, not any of the…

Le Roux was not in prison before 2020, it makes no sense to me that he was spending his time trafficking drugs when he was sitting on billions.

Of course at this point the only "sane" reasons for someone to not touch the wallet is that they are sitting on so much BTC anyway, they don't want to cause the price to drop, or the keys are lost (but the person is alive), or the person is dead.

If someone has access they can hire security for a few billion dollars and still have some change.

If we count "insane" reasons then of course there are quite a few more. Such as ideological motivations.

Re: Who is Satoshi Nakamoto? My quest to unmask Bitcoin's creator

#635

Earlier quoted context omitted.

We also have this gem: > And Mr. Back’s thesis project focused on C++ — the same programming language Satoshi used to code the first version of the Bitcoin software. Amazing! I bet they both for loops too! I heard Bitcoin relies heavily on for loops. Infuriatingly, to people who don't know much about programming, these pieces of 'evidence' might sound quite compelling, because it will all sound equally obscure to the…

Well .. you probably thought the same when John was unmasking Theranos

So what? We should give him eternal carte blanche because he did good reporting one time?

Re: Who is Satoshi Nakamoto? My quest to unmask Bitcoin's creator

#638
Science is hard. This reporter is no scientist, and not very good with logic, or managing context. The article feels like an amateur in a fever dream, whose conclusion is ultimately wrong.

Two of the problems with this article, among others:

  > we identified 325 distinct errors in Satoshi’s use of hyphens.

  > Mr. Back was a clear outlier. He shared 67 of Satoshi’s exact hyphenation errors. The person with the second-most matches had 38.
The fact that there is such a huge gap between Satoshi and Back, substantially more than the gap between Back and the next person, is a really strong indicator that Back is not Satoshi, rather than being an indicator that he is.

  > It was when I was walking him through the similarities between things he and Satoshi had written.

  > Implicit in that was an acknowledgment that he had been the one who wrote the quote.
So this reporter Carreyrou is walking someone through similar quotes, and that person responds with why they may have made the statement, but Carreyrou's conclusion is that they were talking about the Satoshi quote and not their own? That seems a bit, silly.

If I'm in a conversation comparing my similar quotes, and 2 or 3 deep into the list, do I even need to know my specific quote before responding with why I might have said something similar?

The quotes in question:

  > Satoshi: I'm better with code than with words though.

  > Back: I'm better at coding, than constructing convincing arguments.
Pretty sure a lot of folks in the tech community have said something along these lines, and very nearly exactly the first part.

This article seems to conclude that a specialist in a domain sounds very much like another specialist in that domain, over the span of two decades, no less, cherry picking tiny bits of output over the two decades, so therefore they must be the same person. And on top of that, ignores evidence to the contrary, like the massive gap in hyphenation errors. LoL. Science & logic this article is not.

I wonder, based on the large number of distinct hyphenation errors, whether Satoshi is even from the UK or the US. Add in the use of a Japanese alias, and the Tokyo-based anonymizer, and the evidence starts to point towards a non-UK/US origin.

And then, not cashing out any of that massive hoard of wealth, how very Zen of them.

Re: Who is Satoshi Nakamoto? My quest to unmask Bitcoin's creator

#640
Anyone tried to run some stylometry to identify if satoshi-like comments appeared in any of the early post on hacker news discussing BTC? I would say there is a very significant chance he might have added to the discussion in say the first couple of posts before BTC went mainstream (or even mainstream within hacker circles).
Post reply on HN