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

Bitcoin 'creator' backs out of Satoshi coin move 'proof'

bbc.co.uk

Post reply on HN
Print view View original

111–120 of 294 posts

Re: Bitcoin 'creator' backs out of Satoshi coin move 'proof'

#111

Post by ebbv »

gamache wrote: post #39
ebbv wrote: post #16

One thing that gives me a little pause and makes me think maybe he is telling the truth (even though all other evidence and logic says he's a fraud) is that the real Satoshi has not put out a statement calling this guy out as a fraud. When the Dorian Nakamoto stuff happened the real Satoshi put out a statement saying he's not Dorian. That wasn't that long ago. If he did that you'd think he'd step up and say he's not…

> When the Dorian Nakamoto stuff happened the real Satoshi put out a statement saying he's not Dorian. That wasn't that long ago. My read on that is that Satoshi felt sorry for the hapless Japanese-American guy with tech media showing up at his house. In contrast, Craig Wright asked for this.

I said that exact same thing in literally the next line of the comment you're responding to. :)

Re: Bitcoin 'creator' backs out of Satoshi coin move 'proof'

#113

Post by ebbv »

chjj wrote: post #59
ebbv wrote: post #16

One thing that gives me a little pause and makes me think maybe he is telling the truth (even though all other evidence and logic says he's a fraud) is that the real Satoshi has not put out a statement calling this guy out as a fraud. When the Dorian Nakamoto stuff happened the real Satoshi put out a statement saying he's not Dorian. That wasn't that long ago. If he did that you'd think he'd step up and say he's not…

> is that the real Satoshi has not put out a statement calling this guy out as a fraud And what about the inverse? If he is Satoshi, why didn't he just put out a signed statement saying he is Craig? Satoshi seemed perfectly capable of producing valid signatures (and he could do it without a 25-page blog post). Stop giving him the benefit of the doubt. He couldn't produce a valid signature. He couldn't move old coins.…

Like I said all evidence and logic leads to the conclusion he's a fraud, but it is a bit strange that the real Satoshi has not commented on this when he did on the Dorian Nakamoto stuff.

Re: Bitcoin 'creator' backs out of Satoshi coin move 'proof'

#114

Post by dgacmu »

brador wrote: post #73
adwf wrote: post #63

Earlier quoted context omitted.

Probably because there are enough people who would still claim that he's not Satoshi. They'd just say he stole the signing key or something. There are already some saying that it was a colleague who he's taking the credit for, it's only a small leap for conspiracy nuts to jump to the theft idea. Of course, it's vastly more likely that he is not Satoshi and he's just trying to save face.

At this point he's had a week of having everyone he knows hounded by the media. It might have just been a slip of the tongue/party joke he just rolled with and didn't expect to get this big. When your every action gets a Guardian article it can be a scary time for anyone. Especially those who've not experienced it before.

How does flying two prominent bitcoin devs to a 1:1 meeting you constitute a "slip of the tongue"? He has experienced it before -- last year when he tried the same thing.

Re: Bitcoin 'creator' backs out of Satoshi coin move 'proof'

#115

Post by sah2ed »

SyneRyder wrote: post #24
andremendes wrote: post #5

Source: http://www.drcraigwright.net/ Asides the conversation, the whole source code of this website is: This man is really not caring. EDIT: site is updated now, with proper html+css coding.

Some of the website is still in archive.org, but will probably disappear soon. Any snapshots before May have already disappeared. Might help for folks to download the old posts before they disappear from the web entirely. Frustratingly, it appears the main screenshots from the Sartre post (showing his original 'proof') have already been removed from archive.org.

I entertained the possibility that he would not be able to weather what would come next from his claim, so I managed to save the 7 screenshots for the Jean-Paul Sartre, Signing and Significance blog post.

You can fetch them from here: http://imgur.com/a/ppGI9

Re: Bitcoin 'creator' backs out of Satoshi coin move 'proof'

#116

Post by flippyhead »

musha68k wrote: post #81
devishard wrote: post #62

Earlier quoted context omitted.

This post reminds me of a tactic abusive people use to prevent their victims from leaving them. When confronted with their bad behavior, they apologize profusely and pretend to feel remorse for their actions to the point that people worry about them. Once people feel adequately sorry for them and are distracted from their bad behavior, they go right back to doing what they were doing. But the giveaway that shows it's…

All of this wouldn't be that much of an issue if we weren't so pathologically curious all the time, the press wouldn't have any "story" whatsoever. It's us angry monkeys who are the creators of this kind of behaviour. At least on HN let's concentrate on the technology FFS. AFAIK none of the current "blockchain" tech has managed to successfully introduce a robust "proof of stake" system versus the wasteful "proof of w…

Yeah, this basically the reason I still click on most Trump stories I see, even though I strongly disagree with the guy and know a lot of what he says isn't true.

Re: Bitcoin 'creator' backs out of Satoshi coin move 'proof'

#117

Post by gtrubetskoy »

dzmien wrote: post #70
gtrubetskoy wrote: post #14

My (non-provable) theory is that Satoshi is not a person but a team, now defunct, that was tasked with developing a crypto-currency. They are probably more scientists/mathematicians/economists than they are software developers, which would explain the very sound but not exactly elegant initial code. It would also explain the silence - the project is over, the team is probably bound to secrecy because this stuff is cl…

I wouldn't be surprised if we never know who Satoshi Nakamoto is, and his coins remain forever out of reach. I bet they collectively decided to throw away the keys, so to speak.

If this is a classified government project of some sort (and again, I have zero proof of that, it just "seems" that way), then we _might_ know in, like, 100 years, perhaps. Depends on what country/agency is behind it.

Re: Bitcoin 'creator' backs out of Satoshi coin move 'proof'

#118

Post by jbmorgado »

snitko wrote: post #106
jbmorgado wrote: post #103

Earlier quoted context omitted.

I'm sorry, but only the people that feel the need to follow something as some kind of religion or philosophy really need to attribute the adjectives "hatred" or "love" to some kind of technology. The rest of the world at large (EDIT: that knows about bitcoin as sub intended by the rest of the sentence) that is not part of the bitcoin cult, looks at the thing for its technological prowess - or lack of it - and mostly…

Don't speak for most people. Most people know nothing about Bitcoin just yet. Can you be more specific about where the financial experiment of Bitcoin has gone wrong and why?

It's quite telling that you don't want me to speak for other people but just in your answer before projected your irrational feelings about bitcoin on me and on what I feel or don't feel for bitcoin (so that we get straight, I don't "feel" anything for a technology, that doesn't make sense).

When I referred the world at large, I referred the world at large that already knows bitcoin, not the world population. And from those, most of them obviously didn't get in bitcoin (in fact the ones that did get in bitcoin are pulling out as can be clearly seen in the volume of bitcoin transactions since 2014).

And it is a clearly failed financial experiment because:

1 - It concentrated all the wealth in the hands and very few people in only a couple of years (http://www.bitcoinrichlist.com/top100)

2 - The majority of bitcoin transactions are used for ilegal purposes (http://www.coindesk.com/dark-web-markets-processed-more-bitc...)

3 - It's more inconvenient than existing payment systems to use so people don't use it (http://finance.yahoo.com/news/bitcoin-is-dead-says-prominent...)

4 - People are so uninterested and suspicious of bitcoin that you actually loose money if you present bitcoin as a payment/donation method (http://bitcoinist.net/mozilla-study-shows-bitcoin-negative-i...)

5 - Complete unregulation keeps meaning high scale theft and complete unreliability of bitcoin markets (MtGox and many others)

All in all, the world at large - in this case not only the ones that know bitcoin - clearly understands that the financial system needs more regulation not less, and yet, you put bitcoin in the table with is utter lack of regulation and try to claim its a great thing that will solve the world's financial problems but you don't give absolutely no sane argument or metrics about how it is doing that. And that was exactly my original point.

Re: Bitcoin 'creator' backs out of Satoshi coin move 'proof'

#119

Post by Finnucane »

BinaryResult wrote: post #97
Finnucane wrote: post #51

Earlier quoted context omitted.

So Bitcoin could conceivably be 'burned' faster than new bitcoin can be made. That might be great for a collector's market, but sounds like a bad plan for a useful currency.

Bitcoin is infinitely divisible, if a bitcoin is lost forever the remaining bitcoin just increase in value.

Doesn't that defeat the purpose of having a finite quantity in the first place?
Post reply on HN