Live data from Hacker News

Craig Steven Wright claims to be Satoshi Nakamoto

economist.com

31–40 of 289 posts

Re: Craig Steven Wright claims to be Satoshi Nakamoto

#34
Much more useful link: http://www.drcraigwright.net/jean-paul-sartre-signing-signif...

Working through it now -- lets say I am rapidly heading towards "Not a hoax" territory.

[Edit: Or, possibly, totally quackadoodle -- but very convinced-in-himself quackadoodle. I've gotten as far as proving "OK, he knows how to reverse a Bitcoin address into a public key, and picked a good address for the purpose."]

Re: Craig Steven Wright claims to be Satoshi Nakamoto

#35

Why would he verify that he is the creator? Even though Bitcoin is past the phase where the governments can criminalize it publicly they will surely torture him in every roundabout way possible for the rest of his life. He seems to be owning up to it in order to protect others but I think he has no idea what he is getting into. They mention that his house was raided a couple of years ago but I guess that didn't phase…

Governments could have criminalized it at any point, they can criminalize it now, and they will certainly criminalize it in the future if they feel a need to do so (unless this thing gets used by >1% of the population which I'm willing to bet money against.) They didn't because they didn't want to. If they wanted to know who created Bitcoin in order to "torture" them they would have found out, at this point we know how good they are at this sort of thing; also, if they wanted to "torture" prominent people behind the Bitcoin software there was never a shortage of people with known identities. That he didn't pay his taxes seems to be a separate issue.

Re: Craig Steven Wright claims to be Satoshi Nakamoto

#36
post #7

Earlier quoted context omitted.

I see what you mean! It felt like the end of the Perplexity puzzle that existed, the moment it was found the excitement behind it all just didn't keep going! Mind you, the card to find someone using six degrees of separation is also called Satoshi! http://perplexcitywiki.com/wiki/Billion_to_One

Hah, I was just thinking about Perplex City the other day and wondered if that Satoshi was ever found. I really did love that game and the community around it.

Based on the wikipedia page that is one of two cards never solved, the other being the Riemann hypothesis.

Re: Craig Steven Wright claims to be Satoshi Nakamoto

#38
post #6

"Satoshi Nakamoto is believed to amassed about one million Bitcoins which would give him a net worth, if all were converted to cash, of about $450m." Anyone know what this was worth at its peak?

The all time high was ~$1216 a coin [1]... so that would put him approximately at $1.2 billion if he has a million coins like the OP suggests. There are about 15.4mm coins in circulation [2], so he has about 6.5% of the current market, or 4.7% of the total BTC that will ever be mined (1/21 million). [1]: https://en.wikipedia.org/wiki/History_of_Bitcoin#cite_note-6... (would appreciate a correction with a better sourc…

That's disastrous. A currency where a single individual owns 4.7% of all currency isn't going to end well

I remember there was speculation that Bitcoin could go up to tens of thousands of dollars. Which would probably make Wright the richest man alive

Post reply on HN