Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Craig Steven Wright claims to be Satoshi Nakamoto

economist.com

Post reply on HN
Print view View original

101–110 of 289 posts

Re: Craig Steven Wright claims to be Satoshi Nakamoto

#101

Post by dsharlet »

darkr wrote: post #66
puranjay wrote: post #38

Earlier quoted context omitted.

That's disastrous. A currency where a single individual owns 4.7% of all currency isn't going to end well I remember there was speculation that Bitcoin could go up to tens of thousands of dollars. Which would probably make Wright the richest man alive

> A currency where a single individual owns 4.7% of all currency isn't going to end well It's not that far off from real world USD (if you limit it to the US, and extrapolate for number of users) where 16,000 families making up the richest 0.01% control 11.2% of total wealth

There's a huge difference in illiquid assets (most of that 11.2% is real estate, stock, etc.) and currency that is at least presumably intended to be liquid.

Re: Craig Steven Wright claims to be Satoshi Nakamoto

#102

Post by bambax »

LeoPanthera wrote: post #52
mappum wrote: post #26

EDIT 2: Debunked! The signature in Wright's post is just pulled straight from a transaction on the blockchain. Convert the base64 signature from his post (MEUCIQDBKn1Uly8m0UyzETObUSL4wYdBfd4ejvtoQfVcNCIK4AIgZmMsXNQWHvo6KDd2Tu6euEl13VTC3ihl6XUlhcU+fM4=) to hex (3045022100c12a7d54972f26d14cb311339b5122f8c187417dde1e8efb6841f55c34220ae0022066632c5cd4161efa3a2837764eee9eb84975dd54c2de2865e9752585c53e7cce), and you get th…

Something is weird. He provided a message and a signature, but there's nothing in the message to indicate that he signed it himself, or when it was signed. It could have been signed months or years ago and there's no way to prove otherwise. He needs to sign a message provided to him right now - or otherwise show ownership of coins in early blocks by moving them around. Edit: He apparently haven't even provided a vali…

Yes, absolutely. He apparently goes to great lengths to "prove" that he is Satoshi, but when asked to sign a new message, answers "I’m not going to keep jumping through hoops."

Um, what? Signing a new message is a minuscule jump through a very large hoop, not something difficult or cumbersome or time consuming.

This fact alone is indefensible, smells of fake and should be enough to dismiss the claim.

Re: Craig Steven Wright claims to be Satoshi Nakamoto

#103

Post by acqq »

asdfaoeu wrote: post #59
wutbrodo wrote: post #53

Earlier quoted context omitted.

It's near the beginning of the post.

Are you referring to > IFdyaWdodCwgaXQgaXMgbm90IHRoZSBzYW1lIGFzIGlmIEkgc2lnbiBDcmFpZyBXcmlnaHQsIFNh dG9zaGkuCgo= It's just a base64 encoded string.

And the string starts with space and ends with two line feeds:

     " Wright, it is not the same as if I sign Craig Wright, Satoshi.\n\n"

Re: Craig Steven Wright claims to be Satoshi Nakamoto

#104

Post by comboy »

mappum wrote: post #26

EDIT 2: Debunked! The signature in Wright's post is just pulled straight from a transaction on the blockchain. Convert the base64 signature from his post (MEUCIQDBKn1Uly8m0UyzETObUSL4wYdBfd4ejvtoQfVcNCIK4AIgZmMsXNQWHvo6KDd2Tu6euEl13VTC3ihl6XUlhcU+fM4=) to hex (3045022100c12a7d54972f26d14cb311339b5122f8c187417dde1e8efb6841f55c34220ae0022066632c5cd4161efa3a2837764eee9eb84975dd54c2de2865e9752585c53e7cce), and you get th…

Maybe he didn't fool Gavin. Maybe somebody forced Gavin to release that statement.

Re: Craig Steven Wright claims to be Satoshi Nakamoto

#106

Post by dagw »

darkr wrote: post #66
puranjay wrote: post #38

Earlier quoted context omitted.

That's disastrous. A currency where a single individual owns 4.7% of all currency isn't going to end well I remember there was speculation that Bitcoin could go up to tens of thousands of dollars. Which would probably make Wright the richest man alive

> A currency where a single individual owns 4.7% of all currency isn't going to end well It's not that far off from real world USD (if you limit it to the US, and extrapolate for number of users) where 16,000 families making up the richest 0.01% control 11.2% of total wealth

The difference is that that wealth isn't cash hidden in a secret vault, but various assets that are already accounted for and an active part of the economy.

The closest real world analogy I can think of would be that if all the unaccounted for physical US currency that is floating around outside the US all of a sudden returned 'home'.

Re: Craig Steven Wright claims to be Satoshi Nakamoto

#107

Post by hmsln »

manigandham wrote: post #14

That's really interesting. I've been updating this Quora answer for a while and he actually commented on it saying "People always know" in Sep 2015 before his name ever came up. I'm not sure I believe his comments fully in his latest video though. It seems he's been conflicted for a long time on whether to reveal himself but for all the times he says he wants to be left alone, he easily could have but yet here he is.…

https://www.quora.com/profile/Frank-Blu/log

The owner of the profile of the person who answered your question (whoever he is) seems to have changed his username from "Craig S Wright" to Frank Blu on Dec 12th 2015. He also seems to have deleted, on that same day, every post he made on Quora after Dec 11 2014.

The titles of the questions on which he posted revolved a lot around cryptocurrencies, cryptography and supercomputers, as well as finance and economics. Some example of questions to which he contributed are:

"How large will the Bitcoin blockchain be in November 2015?" "How would I estimate the cost of setting up a 100 Tera-Flop server at my..." "Why is gold considered so precious and why does it have such high prices..." "Are there better uses of stimulus funds than others?"

His earliest activity on the site is the creation of a topic called CSCSS, on Jul 30th 2012.

https://www.quora.com/topic/CSCSS

Re: Craig Steven Wright claims to be Satoshi Nakamoto

#108

Post by VMG »

comboy wrote: post #104
mappum wrote: post #26

EDIT 2: Debunked! The signature in Wright's post is just pulled straight from a transaction on the blockchain. Convert the base64 signature from his post (MEUCIQDBKn1Uly8m0UyzETObUSL4wYdBfd4ejvtoQfVcNCIK4AIgZmMsXNQWHvo6KDd2Tu6euEl13VTC3ihl6XUlhcU+fM4=) to hex (3045022100c12a7d54972f26d14cb311339b5122f8c187417dde1e8efb6841f55c34220ae0022066632c5cd4161efa3a2837764eee9eb84975dd54c2de2865e9752585c53e7cce), and you get th…

Maybe he didn't fool Gavin. Maybe somebody forced Gavin to release that statement.

Maybe Gavin's acct was hacked?

Re: Craig Steven Wright claims to be Satoshi Nakamoto

#110

Post by puranjay »

darkr wrote: post #66
puranjay wrote: post #38

Earlier quoted context omitted.

That's disastrous. A currency where a single individual owns 4.7% of all currency isn't going to end well I remember there was speculation that Bitcoin could go up to tens of thousands of dollars. Which would probably make Wright the richest man alive

> A currency where a single individual owns 4.7% of all currency isn't going to end well It's not that far off from real world USD (if you limit it to the US, and extrapolate for number of users) where 16,000 families making up the richest 0.01% control 11.2% of total wealth

Besides what others have already said, there's also the fact that the US families have no real incentive to flood the market with dollars or control price fluctuations. What are they then going to trade with? Pesos?

You could, however, control prices if you controlled 5% of Bitcoin, which you could cash out in USD or EUR.

There is no alternative to USD or EUR - at least not one that is widely accepted.

There IS an alternative to Bitcoin

Post reply on HN