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Bitcoincore.org removes Satoshi's whitepaper from website after threats from CSW

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Re: Bitcoincore.org removes Satoshi's whitepaper from website after threats from CSW

#131
post #8

Isn't this guy literally billions in the hole to the estate of someone he claims was his partner in creating BTC, and who is co-owner of the Satoshi hoard of coins which haven't moved (ever)? Did that court case ever finish or is he still using every trick in the book to draw it out? (Kleiman v. Wright, that's what I'm thinking of) (Looks like it got kicked back to June this year due to covid)

Yes, he failed to produce any keys, the courier with the keys never materialized, the judge has not thrown Craig Wright in jail for contempt of court nor has be been charged with perjury. The judge seems to be mildly entertained by this and views Craig Wright as mentally ill, but won't have him committed. It is all sad and strange. There are a lot of guardrails against using the system this way, but they aren't being…

Is pathological lying (narcism, borderline personality, whatever) a mental illness that requires being committed? He should be prevented from hurting other people for sure. And who knows... with his personality he may thrive in jail.

Re: Bitcoincore.org removes Satoshi's whitepaper from website after threats from CSW

#132

Earlier quoted context omitted.

Unless satoshi lost his keys lol like virtually everyone else of that cohort.

You think a guy smart enough to give birth to Bitcoin, and maintain complete anonymity while doing so and while communicating in public forums etc, would forget his private key? You just need to remember one seed and suddenly you have billions of dollars of value stored in your brain. I don't think that's a realistic possibility.

Of course this is easily possible.

Re: Bitcoincore.org removes Satoshi's whitepaper from website after threats from CSW

#133
post #65

Earlier quoted context omitted.

I've read somewhere that he is being released in 2025 but can't be sure.

The BOP website lists his release date as 1/14/2034 with his status as "NOT IN BOP CUSTODY".

what does that mean tho? BOP?

Is he out on bail???

Re: Bitcoincore.org removes Satoshi's whitepaper from website after threats from CSW

#134

There is this constant thread of seediness to the point of absurdity running through Bitcoin that makes it look like a joke that everyone is in on except the suckers buying into it. Which makes it hilarious for an observer... though I guess I don't get to laugh all the way to the bank, which is a fitting punchline.

I have to wonder if a lot of this is straight up money laundering. Were there seriously billions of dollars worth of gullible people buying ICOs and every random alt coin a few years ago? On Reddit, there are tons of spammers selling "copy trading" services. Are there actually customers for that?

Yes

Re: Bitcoincore.org removes Satoshi's whitepaper from website after threats from CSW

#135
post #29

Earlier quoted context omitted.

The whitepaper is why I view bitcoin’s value proposition as a gold-like store of value. Can you say more about why you think the whitepaper discourages that view?

You only need to read the first couple of sentences of the whitepaper to understand that it was primarily designed as a digital currency with a focus on spending/transacting.

"In this sense, it's more typical of a precious metal. Instead of the supply changing to keep the value the same, the supply is predetermined and the value changes. As the number of users grows, the value per coin increases. It has the potential for a positive feedback loop; as users increase, the value goes up, which could attract more users to take advantage of the increasing value."

- Satoshi

https://p2pfoundation.ning.com/xn/detail/2003008:Comment:956...

Re: Bitcoincore.org removes Satoshi's whitepaper from website after threats from CSW

#136

There is this constant thread of seediness to the point of absurdity running through Bitcoin that makes it look like a joke that everyone is in on except the suckers buying into it. Which makes it hilarious for an observer... though I guess I don't get to laugh all the way to the bank, which is a fitting punchline.

I have to wonder if a lot of this is straight up money laundering. Were there seriously billions of dollars worth of gullible people buying ICOs and every random alt coin a few years ago? On Reddit, there are tons of spammers selling "copy trading" services. Are there actually customers for that?

[deleted]

Re: Bitcoincore.org removes Satoshi's whitepaper from website after threats from CSW

#137
post #59
post #44

Earlier quoted context omitted.

Indeed. I think Craig is a fraud. I'm just dumbfounded why Gavin --a person I admire from intial days and who is probably person n.2 after satoshi in terms of bitcoin actual initial lines of code written -- was so easily fooled.

Yeah it's hard to understand. Gavin's good nature of assuming good intentions from anyone is sure to play a big role. Also worth to remember that anyone can get bamboozled, even if you're highly intelligent and knowledgeable in a certain area. Just look at how many cult followers there are in the world.

It is easy to understand. Gavin wanted to say what he said. It does not mean that he thinks this is true. He just wanted those words to be out of his mouth. Now how to interpret this fact is another question. May be he wanted to distract public focus from another person. May be he was paid to say so. May be he was bored and did it for lolz.

Re: Bitcoincore.org removes Satoshi's whitepaper from website after threats from CSW

#138

Earlier quoted context omitted.

Yes, he failed to produce any keys, the courier with the keys never materialized, the judge has not thrown Craig Wright in jail for contempt of court nor has be been charged with perjury. The judge seems to be mildly entertained by this and views Craig Wright as mentally ill, but won't have him committed. It is all sad and strange. There are a lot of guardrails against using the system this way, but they aren't being…

It would be an entirely different judge in a different case that would have to have him committed, not a judge in a lawsuit in which he's a party, no?

He should either be thrown in prison for contempt of court until the keys are revealed.

Charged with perjury when he tells the truth to get out of court-jail.

Or committed to an institution because he is mentally unfit and that it would be unconscionable for him to face penal consequences for his delusions.

None of this is happening and the judge is clearly entertained.

Re: Bitcoincore.org removes Satoshi's whitepaper from website after threats from CSW

#139

Earlier quoted context omitted.

From my experience in the community years ago, Bitcoin Core was a very insidious group of people that seized control of Bitcoin from within, obtained control of the Bitcoin subreddit and started banning anyone with even the most reasonable objections. They started promulgating this absurd notion that Bitcoin was a "store of value" exclusively: that is to say, was not intended to be "peer to peer electronic cash" (as…

I wonder if this is because BTC's use as currency has definitively failed, and is now being used as an elaborate ponzi scheme to extract money from investors.

The failure to raise the block size limit is the very reason bitcoin has failed as a currency. The main people against against raising the block size limit were blockstream and bitcoin core devs. A competing client to Bitcoin core which supported a block size increase was Bitcoin XT. At one stage it had 50% of the market share, until nodes running XT started getting DDoS'd. Then the censorship began, any posts about bitcoin XT and block size limit increase were banned from bitcointalk and r/bitcoin. [1]

[1] https://hackernoon.com/the-great-bitcoin-scaling-debate-a-ti...

Re: Bitcoincore.org removes Satoshi's whitepaper from website after threats from CSW

#140

Earlier quoted context omitted.

They removed the whitepaper about as fast as they removed Gavin Andresen's commit access once they found justification. There are a lot of bad things you can call the BTC core devs but they sure as hell seize every opportunity to grab power.

Gavin admitted he should have been removed because he stopped contributing. Why has HN comment quality fallen so low...

Hi Grubles!

Question: How do you think people will use BTC in the future? Do you think people will ever be able to buy coffee with it?

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