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Satoshi Nakamoto denies being Dorian Nakamoto

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121–130 of 186 posts

Re: Satoshi Nakamoto denies being Dorian Nakamoto

#121
post #64

I'm confused by all this. I find the drama interesting, but Newsweek quoted this: "I am no longer involved in that and I cannot discuss it," he says, dismissing all further queries with a swat of his left hand. "It's been turned over to other people. They are in charge of it now. I no longer have any connection." Did the reporter really lie about this statement? That seems like really a massive stretch, to me.

The trouble with that statement is that, even if you believe it's a verbatim quote, it isn't clear exactly what he said that in response to. We're meant to assume that it's a response to something like "Are you the creator of Bitcoin?", but the fact that the question isn't part of the quote implies that it isn't that clear. This guy was involved in classified Government work at several companies, and the question cou…

1) Temple City does not have a police force. It is part of LA County, and its officers are provided by the LA County Sheriff.

2) The LA County Sheriff definitely knows what Bitcoins are. LA is a major drug scene.

Re: Satoshi Nakamoto denies being Dorian Nakamoto

#122
If Satoshi disappeared for as long as he did, would he really come back for THIS? It seems like a waste of time and it's awfully risky. I don't believe Dorian is Satoshi and I don't believe that the response from "Satoshi" is Satoshi. Or perhaps Satoshi isn't as intelligent as he is made out to be and this screw up will in turn screw him, just like the other internet recluses that have fallen?

Re: Satoshi Nakamoto denies being Dorian Nakamoto

#123
post #63

I think the most compelling evidence that Dorian is Satoshi is described here: https://news.ycombinator.com/item?id=7354326 [EDIT: if an eyewitness account is compelling enough for you, this is evidence. it is to me, apparently not to some.] Dorian (as recognized by the retailer) bought a crepe from one of the first retailers to accept bitcoins, the 1st transaction of the crepe retailer's bitcoin address at 1KfQKmME7…

Its unfortunate you're being marked down by people who don't realize that memorable events create recallable memories.

It's easier to remember the first time you do/experience something. The situation is novel and unique, which creates stronger mental connections that allow for subsequent recall.

If Dorian was the 15th guy to buy something with Bitcoins from the retailer, that would definitely be suspicious. But the first guy to buy something from you with Bitcoin? That's a memorable event. That doesn't mean it happened, but it does mean there's a good chance it actually happened.

Re: Satoshi Nakamoto denies being Dorian Nakamoto

#124
You can never hope to discover the truth behind the fiction of Satoshi. The closer you think you get, the further fiction will hide the truth. Indisputable evidence is nice, sure - but knowing is not being[0].

The man is a legend for a reason and will remain that way, regardless of anyone who claims or is proven to be, or not be him.

[0] http://en.wikipedia.org/wiki/Masked_man_fallacy

Re: Satoshi Nakamoto denies being Dorian Nakamoto

#125
One thing is for certain, if Dorian is the real Satoshi, the Feds - NSA and FBI - are all over him, and they will know for certain whether he is the Satoshi (if they didn't know a long time ago). If Dorian = Satoshi, he's going to be forced in front of the NSA, and interrogated about bitcoin, he will have no choice in the matter (it won't matter if he's no longer involved, and it won't matter if there are no weaknesses to give the Feds, they will still do it).

Re: Satoshi Nakamoto denies being Dorian Nakamoto

#126
post #86
post #46

Satoshi's Dilemma Satoshi has created a new currency, a cryptocurrency. The currency has become more popular and valuable than Satoshi could have imagined. Satoshi now holds almost $1 Billion of his new currency. Due to the currencies psuedo-anonimity, low liquidity and it's value in illicit trade it is far too dangerous for Satoshi to cash in and reveal himself...

> Due to the currencies psuedo-anonimity, low liquidity and it's value in illicit trade it is far too dangerous for Satoshi to cash in and reveal himself... - None of Satoshis coins can be linked to illicit trade because he mined them himself. - Low liquidity isn't really a problem, the Bitcoin community is so fanatical that any coins held by Satoshi would likely sell at a premium... even without the fanclub, he'd ce…

I didn't mean to imply anything illicit concerning Satoshi. I meant that those that would be interested in the stash could be the silk road types or worse. I find it curious that Dorian/Satoshi are not spending the money. Why not? Imagine having $1 billion and not being able to touch it.

Re: Satoshi Nakamoto denies being Dorian Nakamoto

#127
post #81
post #46

Satoshi's Dilemma Satoshi has created a new currency, a cryptocurrency. The currency has become more popular and valuable than Satoshi could have imagined. Satoshi now holds almost $1 Billion of his new currency. Due to the currencies psuedo-anonimity, low liquidity and it's value in illicit trade it is far too dangerous for Satoshi to cash in and reveal himself...

Yes and no. The town I live in has multiple billionaires living in it, and is adjacent to two with even more. I've visited two houses owned by such folks and their answer is what you'd expect: private security guards. Large, well-armed, and very unfriendly until they've verified via radio you're actually supposed to be there. The key is, though, and maybe this is what you're referring to, that these folks don't store…

I'd be interested to hear what options he has too.

Re: Satoshi Nakamoto denies being Dorian Nakamoto

#128
post #76
post #73

Earlier quoted context omitted.

Unfortunately, that proves nothing. Early on, there were so few people mining that practically everyone had a "large volume". As such, if you pick any arbitrary bitcoin transaction at that time, it's highly likely it will have originated from a large volume source in the recent past. I think it's more likely a case of mistaken identity; there are many people in this world, and I think that the chance of someone remem…

>Unfortunately, that proves nothing. Linking Dorian to Bitcoin at any time proves everything, proves Dorian = Satoshi. If Dorian paid for crepe in July 2011 with Bitcoin, Dorian is lying and Dorian = Satoshi. There was a large Bitcoin Conference in New York at that time, giving good reason to be there. The retailer said she recognized Dorian as the customer. He didn't want his picture taken or name recorded. Good odd…

Even if Dorian is lying about knowing what bitcoin is, I think it wouldn't be a proof of Dorian = Satoshi. He might be worried people would dig his personal life more if he acknowledges he knows what bitcoin is.

Re: Satoshi Nakamoto denies being Dorian Nakamoto

#129
post #86
post #46

Satoshi's Dilemma Satoshi has created a new currency, a cryptocurrency. The currency has become more popular and valuable than Satoshi could have imagined. Satoshi now holds almost $1 Billion of his new currency. Due to the currencies psuedo-anonimity, low liquidity and it's value in illicit trade it is far too dangerous for Satoshi to cash in and reveal himself...

> Due to the currencies psuedo-anonimity, low liquidity and it's value in illicit trade it is far too dangerous for Satoshi to cash in and reveal himself... - None of Satoshis coins can be linked to illicit trade because he mined them himself. - Low liquidity isn't really a problem, the Bitcoin community is so fanatical that any coins held by Satoshi would likely sell at a premium... even without the fanclub, he'd ce…

If Satoshi still has his ~$400m in bitcoins, he could also likely strike a great deal with someone like Andreessen Horowitz (the cash), maybe with coinbase (build it), to create a sort of bitcoin bank (at a discount to his holdings in exchange for the liquidity to exit). It would enable a rather unique liquidity tool, sort of like a central bank; the new entity could provide bitcoins to bitcoin service businesses on demand for a fee (eg if they're having a hard time getting bitcoins or for any reason really).

Re: Satoshi Nakamoto denies being Dorian Nakamoto

#130
post #63

I think the most compelling evidence that Dorian is Satoshi is described here: https://news.ycombinator.com/item?id=7354326 [EDIT: if an eyewitness account is compelling enough for you, this is evidence. it is to me, apparently not to some.] Dorian (as recognized by the retailer) bought a crepe from one of the first retailers to accept bitcoins, the 1st transaction of the crepe retailer's bitcoin address at 1KfQKmME7…

interesting that you value this testimony so highly, because my weighting of probabilities for 'can a random woman in brooklyn definitively and uniquely identify an elderly japanese man among a line up of elderly japanese men based on a single interaction three years ago' comes down quite heavily on 'no'.
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