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I Am Not Satoshi

blog.dustintrammell.com

51–60 of 179 posts

Re: I Am Not Satoshi

#51

One of the consequences of a public transaction chain is the great potential for witch hunts. Here's one of the first examples, but it surely won't be the last.

That's a positive thing, because it only grows trust between members of community.

I don't think so; witch hunts didn't exactly grow trust between people in the middle ages. Witch hunts grow mob feelings between people against whoever happens to get crushed by their collective paranoia that day.

Re: I Am Not Satoshi

#52
post #28

I don't really understand why Satoshi wants to be hidden. Is it because of the legal issues or does he want be a hidden super character?

Me neither. As it appears he have not premined any significant amount of bitcoins, so it's not like he is going to cash out. So the version, besides that he wants to be "hidden super character" may be that he was not allowed by some organization to reveal who made this breakthrough. It's not even clear if it was a single person. But even if it was by some organization, why hide? Maybe they didn't want bitcoins forever be associated with NSA for example, which would repulse people and led into believing that the organization controls the currency. But it still doesn't make much sense.

Since Satoshi seems to be heavily influenced by cypherpunk community, maybe it really is one person who just wanted the bitcoin really work and made everything that's the best for the currency? If so, one day, when bitcoin or it's derivative will be a thing on which the world economy depends, he will be the man of the year. Maybe he will even disclose his identity, since that will not have an effect on bitcoin itself any more.

Re: I Am Not Satoshi

#54
The next obvious question would be: are you batman? That said, I believe him. I have a great deal of respect to Shamir but I think he got it a little bit wrong.

Re: I Am Not Satoshi

#55

One of the consequences of a public transaction chain is the great potential for witch hunts. Here's one of the first examples, but it surely won't be the last.

That's a positive thing, because it only grows trust between members of community.

If/When bitcoin grows as large as some think/hope it will, there won't be "a bitcoin community" anymore than there is a "USD community". Sure, you'll have communities of various sorts surrounding different aspects of the currency, like you do with any other currency, but for the most part the users of it won't really have any real sense of "community membership". I pay for things with paypal on occasion, but I don't have any sense of a "paypal community".

Re: I Am Not Satoshi

#56

I doubt the real identity of Satoshi will ever be revealed. Seriously, if the claims of Satoshi mining the first 20,000 Bitcoins is true (with a value of almost one billion), would he seriously want to be publicly known? I would imagine the FBI amongst other Government organisations and figures would love nothing more than to pick Satoshi's brain (by force if need be) if his or her identity were to ever be truly reve…

I think Satoshi is the NSA. This is 99% because it would be the most entertaining result, and 1% actual reasoning ( https://news.ycombinator.com/item?id=6206086 ).

It would be entertaining if the NSA could use blockchain data as an aid to cracking systems which employ SHA-256. It would be doubly fun if bitcoin was originally some off-the-cuff gamification scheme to help generate lookup tables for the NSA.

Re: I Am Not Satoshi

#58
post #28

I don't really understand why Satoshi wants to be hidden. Is it because of the legal issues or does he want be a hidden super character?

Me neither. As it appears he have not premined any significant amount of bitcoins, so it's not like he is going to cash out. So the version, besides that he wants to be "hidden super character" may be that he was not allowed by some organization to reveal who made this breakthrough. It's not even clear if it was a single person. But even if it was by some organization, why hide? Maybe they didn't want bitcoins foreve…

A movement cannot outgrow its charismatic leader until the leader dies. Satoshi would find it very difficult to retire if he wasn't anonymous.

Also, Satoshi mined ~1.5M BTC, now "worth" over $1B.

Re: I Am Not Satoshi

#59

I doubt the real identity of Satoshi will ever be revealed. Seriously, if the claims of Satoshi mining the first 20,000 Bitcoins is true (with a value of almost one billion), would he seriously want to be publicly known? I would imagine the FBI amongst other Government organisations and figures would love nothing more than to pick Satoshi's brain (by force if need be) if his or her identity were to ever be truly reve…

> I doubt the real identity of Satoshi will ever be revealed.

They should include revelation in their will. For history's sake if nothing else.

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