Humans are not monkies and never were. It is believed that the two species shared a common ancestor at some point. Edit: If someone has evidence otherwise, please post.
Your comment was seen as pedantic and nonconstructive.
Bitcoin 'creator' backs out of Satoshi coin move 'proof'
211–220 of 294 posts
Re: Bitcoin 'creator' backs out of Satoshi coin move 'proof'
#212The entire "who is Satoshi" thing is basically the tech equivalent of gossip rags.
Re: Bitcoin 'creator' backs out of Satoshi coin move 'proof'
#213Earlier 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…
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Re: Bitcoin 'creator' backs out of Satoshi coin move 'proof'
#214Thought 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?
According to that awesome analysis[0], he was backing his stuff up pretty regularly (every five days at first). I would find it very hard to believe that someone with the wherewithal to make backups is not making an off-site copy of those backups. I haven't met many people that make backups but only store a copy locally. History is rife with horror stories. It's a good question though. Specifically there might be things only Satoshi knows among some of the original adopters (but clearly Gavin is not one of those people, if he was fooled by Crazy Craig).
[0] http://organofcorti.blogspot.com/2014/08/167-satoshis-hashra...
Re: Bitcoin 'creator' backs out of Satoshi coin move 'proof'
#215Earlier quoted context omitted.
> It would take less than 5 minutes I wouldn't keep the keys to US$ 500 million on my laptop's hard drive.
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.
Its an interesting problem. Paper wallets can be encrypted with a password, which is one step. Using multi-sig is another. Having canary addresses is yet another way. Of course in this case not all of those are an option since the goal seems to be to not move them at all.
Re: Bitcoin 'creator' backs out of Satoshi coin move 'proof'
#216Tin-foil, but if I were Satoshi and wanted to remain anonymous, and some journalists started snooping around, one way to shut them down would be to publicly post a "proof" that seems technical enough to get the reporters to run out screaming "we got him!" but falls apart once more technical people start investigating...
This would be rather genius. And extremely unlikely, but effective if true and ever enacted.
Why would it be clever to put yourself on the map when before no one would have even considered you?
Re: Bitcoin 'creator' backs out of Satoshi coin move 'proof'
#217Earlier 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.
You are telling us is that there is no problem with the bitcoin protocol because the problems with the bitcoin protocol can be solved by not using the bitcoin protocol.
Re: Bitcoin 'creator' backs out of Satoshi coin move 'proof'
#218My (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.
Satoshi at one point made a calculation on what each unit would be worth if the entirety of the world's money supply was bitcoin. I don't know if he believed that that would be possible, but it wasn't as if someone made this to settle up with friends after a pub crawl and it suddenly took off.
With that view of the big picture I would be surprised if someone would throw away what may be the most valuable numbers in history, let alone the only proof that they created it while purposefully remaining anonymous.
Re: Bitcoin 'creator' backs out of Satoshi coin move 'proof'
#219Earlier quoted context omitted.
There are articles that do so ( https://www.nikcub.com/posts/craig-wright-is-not-satoshi-nak... ). The gist is that Australia via their tax authorities pays R&D credits in cash. Wright set up a corporate vehicle funded by the transfer _on paper_ of Bitcoins that are not proven to even exist. He used these to mostly buy software from himself and claimed a AU$3.1m R&D cash tax refund.
Ah. Case closed. Nothing to see here.
(1) Convince the world you're Satoshi.
(2) Snow some investors and raise a bunch of VC.
(3) Pay off tax authorities with VC to avoid going to jail; swap angry tax authorities for angry VCs. The former are criminal charges with nasty penalties, while the latter are civil and/or easier to defend criminal charges. At the very least you've kicked the can down the road.
Re: Bitcoin 'creator' backs out of Satoshi coin move 'proof'
#220Given 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.
This comment is the toughest diss HN has ever seen