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Craig Wright faces tough questions over forged documents in court

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Re: Craig Wright faces tough questions over forged documents in court

#71
post #52

The article presupposes that Craig is not Satoshi. If Craig is Satoshi, then the article and these comments on it, read very differently.

If a guy who behaves like this was satoshi or one of them, it would be an embarrassing revelation.

Re: Craig Wright faces tough questions over forged documents in court

#72
post #64

Earlier quoted context omitted.

It really isn't, per what 'pdpi wrote. What we should do is being maximally trusting (to reap the efficiency benefits), and punish hard anyone trying to take advantage of it, way out of proportion compared to the magnitude of the violation, in order to discourage people from abusing the trust of others. The goal really is to let everyone be safe in trusting others to the point of naivete, because trust is that huge o…

I spent much of my youth in Utah, and it is probably the epitome of this. Best state Gini coefficient [0]. Great income mobility (also best in US [1]). It also has a rampant fraud/ponzi/mlm issue [3]. They come from the same source- There is a general level of trust that is much higher than anywhere else I've lived or experienced. Mostly rooted in a trust in others is part and parcel of the culture and dominant relig…

I’ve lived in Tokyo for 14 years and think that this characterisation also applies here. Comparatively low Gini coefficient, very high level of community trust and susceptibility to endemic fraud.

Re: Craig Wright faces tough questions over forged documents in court

#73

I do not understand why everybody is hating the guy so much. Listen to what he sais. He does not want Bitcoin to be used for buying drugs and child pornography. He wants to use it to make companies more accountable towards their users and governments more accountable towards their constituents. What's so terrible about that? Then there is his claim to be Satoshi. At this point, nobody knows if that is true or not. Ye…

Saying you don't know at this point is like saying "he is or he isn't, so there's a 50% chance". Yeah, he might be. But it's not even odds, that's for sure.

Re: Craig Wright faces tough questions over forged documents in court

#74
post #26

Earlier quoted context omitted.

It's also possible that the organizers of the conference know (or suspect) that he's a fraud, but invite him anyway because they know the controversy will generate buzz and attention around their conference, increasing its attendance.

That's entirely possible, and such an approach makes me despair even more of the Bitcoin community (and why I left it long ago).

You left Bitcoin because they care TOO much about getting media attention?

Re: Craig Wright faces tough questions over forged documents in court

#76
post #18

Earlier quoted context omitted.

> This is a feature, not a bug....Healthy communities are comprised of people who are trusting and permissive by default. It's entirely possible to find a happy medium. You can be trusting without being totally naive about individuals with bad intentions.

It really isn't, per what 'pdpi wrote. What we should do is being maximally trusting (to reap the efficiency benefits), and punish hard anyone trying to take advantage of it, way out of proportion compared to the magnitude of the violation, in order to discourage people from abusing the trust of others. The goal really is to let everyone be safe in trusting others to the point of naivete, because trust is that huge o…

There are situations when living in a trusting society can be helpful, but on the other hand, predictable consequences are probably a better idea when raising children, and also for encouraging people to trust that the system itself is fair. Rare, severe, apparently random punishment tends not to be associated with justice.

Re: Craig Wright faces tough questions over forged documents in court

#77
post #35
post #18

Earlier quoted context omitted.

> This is a feature, not a bug....Healthy communities are comprised of people who are trusting and permissive by default. It's entirely possible to find a happy medium. You can be trusting without being totally naive about individuals with bad intentions.

Anywhere you fall on this naivety/acceptance continuum, I can both show you a fraudster you didn’t detect that you should have, and a serious speaker you blocked but shouldn’t. In hindsight it’s always easy to say what the right outcome should have been, but, in Wright’s case, he has enough legitimate credentials that it’s hard to argue that we shouldn’t at least hear him out.

wright is a complete con man with absolutely no credibility. someone like satoshi would never, ever, ever reveal their identity publicly. this is the most obvious thing, and anyone who thinks this is up for debate is gullible.

his credentials are lacking and also completely irrelevant.

Re: Craig Wright faces tough questions over forged documents in court

#78

Earlier quoted context omitted.

I have a great example from today of the efficiency of trust. I went to a three storey old factory turned into an antiques store. 150 000 square feet. Three floors of booths of all kinds of stuff. Coins, cards, collectibles, toys, furniture, everything. The whole place had maybe five visible employees. It was all consignment. You'd pick up $300 worth of nicknacks from the top floor and walk it down to the first floor…

Very true, trust matters, but it might help a bit that many antiques aren't useful in themselves and aren't that easy to sell. If they were selling razors or baby formula, maybe things would be different? Do you think they have cameras?

Coins are easy to sell.

Re: Craig Wright faces tough questions over forged documents in court

#80

I do not understand why everybody is hating the guy so much. Listen to what he sais. He does not want Bitcoin to be used for buying drugs and child pornography. He wants to use it to make companies more accountable towards their users and governments more accountable towards their constituents. What's so terrible about that? Then there is his claim to be Satoshi. At this point, nobody knows if that is true or not. Ye…

If it becomes widely acceptable that this man invented bitcoin then a big myth is gone and the bubble is even likelier to burst.

He is not particular good in public appearances but to claim that he is an obvious fraud and he possesses no technical knowledge is just wrong. Also he did convince a few very knowledgable technical people.

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