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

bbc.co.uk

201–210 of 294 posts

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

#201
Thought experiment: Suppose Satoshi, whoever it is, is still alive somewhere in the wild. But he doesn't have his original keys (hard-drive failure with no backup, apartment fire with no offsite backup, etc etc).

How would Satoshi prove himself then?

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

#202

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.

It is? I thought there was a minimum usable denomination, called a "satoshi", that was something like 0.0000001 BTC (I don't know the actual value). Or is this really just a convention enforced by the current clients that can be easily changed in the future?

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

#204
post #11

"But, as the events of this week unfolded and I prepared to publish the proof of access to the earliest keys, I broke. I do not have the courage. I cannot." This guys is so full of crap its amusing

Lol, he doesn't have the courage to do the one thing that will remove any doubt about him, but has enough courage to announce to the public that he's a coward and a broken man and likely a fraud on a planetary scale... At this point his mental health is clearly not good. If he really believes what he writes, he has delusions on a clinical scale which should be addressed before he does something he might regret. If he…

He doesn't have the courage to make use of basic bitcoin functionality... oh the humanity!

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

#205

Thought experiment: Suppose Satoshi, whoever it is, is still alive somewhere in the wild. But he doesn't have his original keys (hard-drive failure with no backup, apartment fire with no offsite backup, etc etc). How would Satoshi prove himself then?

He could still have access to his PGP private key, which would be a strong data point. It could be possible that someone stole this key though, so this alone wouldn't completely prove his identity.

If he had the foresight to know he might want to prove his identity at some point in the future, he could have embedded the hash of a message into an early block (using the public keys of coinbase transactions). The message could say something like "Satoshi Nakamoto is . ". In order to prove his identity, he'd just have to reveal the contents of the message (he'd have the make the salt something he could memorize so that it wouldn't be at risk of being destroyed by a fire). Ideally he'd encode this message hash in multiple early blocks (using a different salt in each message, so that the hash is different each time).

I think anything like the "knowledge of the content of private emails" is flawed. Satoshi's email account was hacked, so most of his "private" emails are no longer private (supposedly he didn't use PGP for most of his private correspondence).

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

#206

Earlier quoted context omitted.

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

It is? I thought there was a minimum usable denomination, called a "satoshi", that was something like 0.0000001 BTC (I don't know the actual value). Or is this really just a convention enforced by the current clients that can be easily changed in the future?

You are absolutely correct. One bitcoin is 100,000,000 satoshis. Transactions are denominated in integer values of satoshis, so it's not possible to subdivide a satoshi.

One satoshi is currently worth about $0.0000045, though, so there's still plenty of room left for inflation.

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

#207
post #115

Earlier quoted context omitted.

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

sah2ed, you are the real MVP!

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

#208
post #153

Earlier quoted context omitted.

There appears to be significant overlap with the narcissist checklist and a "revered tech leader checklist" (Jobs, Musk, Page, Zuckerberg, etc).

Steve Jobs in his relationships with friends and family, and his own self-destructive (ultimately fatally destructive) streak screams full blown sociopath and always has. Then again, he might just have been a really shitty person without a personality disorder to explain it.

Am I understanding correctly that you are blaming an undiagnosed sociopathy for Jobs' death by pancreatic cancer induced respratory arrest?

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

#210

Given 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…

Why would anyone want to acquire 8 masters degrees? Usually one is enough. Some people get two which makes sense for them. By three you've surely proven that you can learn and replicate stuff and don't need to go to any more exams to prove that. You're better off getting other qualifications.
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