Earlier quoted context omitted.
Side note, but I've thought about this and wondered the same thing. Where do you keep 500M? In your house on an offline hard disk that can be stolen? In a safe deposit box? This is a true data backup scenario where too few copies and you're in trouble and too many and you're in trouble. Especially since a copy that was found without your knowledge could ruin things before you knew.
In your head. Or rather, you encrypt all your super secret private data with a good password that you never write down, and copy the encrypted archive everywhere.
Bitcoin 'creator' backs out of Satoshi coin move 'proof'
181–190 of 294 posts
Re: Bitcoin 'creator' backs out of Satoshi coin move 'proof'
#182Oh? Pray tell.
Re: Bitcoin 'creator' backs out of Satoshi coin move 'proof'
#183Earlier quoted context omitted.
The most damning: Seven transaction a second. You cannot have a functioning financial system that is constrained to seven transactions per second.
So when you say that for a "fact" the system is constrained to 7TPS, you are intentionally ignoring most bitcoin transactions, which are off-chain transactions at exchanges. That's not just oversight that's deceit.
Re: Bitcoin 'creator' backs out of Satoshi coin move 'proof'
#184This whole "controversy" is incredibly boring. The real Satoshi would be able to prove it easily. Prove it, or STFU and we can move on from the who is Satoshi mystery?
It's not that boring at all. How did he smoke and mirror two of the best Bitcoin devs on the planet? At worst, it's an interesting discussion of a con man running into a technical wall.
Re: Bitcoin 'creator' backs out of Satoshi coin move 'proof'
#185Earlier quoted context omitted.
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 fro…
The most damning: Seven transaction a second. You cannot have a functioning financial system that is constrained to seven transactions per second.
Re: Bitcoin 'creator' backs out of Satoshi coin move 'proof'
#186Given his history as a prolific liar, I find his post to be utter bullshit. Note how he's still lying about things he was caught at: "When the rumours began, my qualifications and character were attacked. When those allegations were proven false". NO - it was established (with confirmation from the schools in question) that he lied about having a PhD from Charles Stuart U. and he definitely does not possess 8 masters…
First search for narcissist checklist got me https://www.psychologytoday.com/blog/the-legacy-distorted-lo... If you toss out the ones about romantic relationships, Craig hits on most of them.
Re: Bitcoin 'creator' backs out of Satoshi coin move 'proof'
#187Earlier quoted context omitted.
The most damning: Seven transaction a second. You cannot have a functioning financial system that is constrained to seven transactions per second.
I think you misunderstand the purpose of Bitcoin. It's not meant to be a payment system, but rather a settlement layer.
That's quite a confidently presumptuous tone for an opinion that is clearly controversial at best.
https://www.reddit.com/r/Bitcoin/comments/49c7ij/so_consens_...
Re: Bitcoin 'creator' backs out of Satoshi coin move 'proof'
#188Earlier quoted context omitted.
I'm in the Wright is a liar/con-artist camp but the items on that list apply to most "normal" people (including myself).
Any psychologist will tell you that most people can't objectively evaluate such criteria for themselves. This is something that is best left to professionals who have experience with people that DEFINITELY have such disorders. I'm also in the non-believer camp, nor can I fathom why "Satoshi" would initially choose to remain anonymous but then decide to come out. What purpose does that serve? Whatever the case, all of…
Re: Bitcoin 'creator' backs out of Satoshi coin move 'proof'
#189Earlier quoted context omitted.
I'm in the Wright is a liar/con-artist camp but the items on that list apply to most "normal" people (including myself).
There appears to be significant overlap with the narcissist checklist and a "revered tech leader checklist" (Jobs, Musk, Page, Zuckerberg, etc).
Re: Bitcoin 'creator' backs out of Satoshi coin move 'proof'
#190Earlier quoted context omitted.
There appears to be significant overlap with the narcissist checklist and a "revered tech leader checklist" (Jobs, Musk, Page, Zuckerberg, etc).
So narcissists (as in people with NPD), if you've never had the unfortunate "opportunity" of being around one, are often incredibly good at convincing people to follow them. Take from that what you will.
Of course, you'll be leading with coin flips, and most people will fail. We just pay special attention to statistical flukes who make a lot of money before they flip out.