Bitcoin creator revealed to be (probably) this dude in Sydney

Discussion in 'Digital Currencies' started by SpacePete, Dec 9, 2015.

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  1. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    Maybe he's a stacker too.... which one of you guys is Craig? :)

     
    SpacePete, Dec 9, 2015
    #1
  2. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    Arstechnica coverage:

     
    SpacePete, Dec 9, 2015
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  3. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    At least $400 million apparently.
     
    SpacePete, Dec 9, 2015
    #3
  4. BuggedOut

    BuggedOut Well-Known Member Silver Stacker

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    The first article reckons :-

    But then adds in some LOLs with this :-

    Since when does a billion dollars make waves? In todays world of money printing a billion dollars doesn't really do much.....
     
    BuggedOut, Dec 9, 2015
    #4
  5. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    SpacePete, Dec 9, 2015
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  6. BuggedOut

    BuggedOut Well-Known Member Silver Stacker

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    Of course it is all just a massive co-incidence and the raid has nothing to do with bitcoin :rolleyes:
     
    BuggedOut, Dec 9, 2015
    #6
  7. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    Of course. Every ATO investigation required a team of federal police to conduct a raid and clean out the house. Reminds me of the over-the-top raid on Kim Dotcom's house.
     
    SpacePete, Dec 9, 2015
    #7
  8. House

    House Well-Known Member Silver Stacker

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    Why did it ever matter who invented BTC?
     
    House, Dec 9, 2015
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  9. dozerz

    dozerz Well-Known Member Silver Stacker

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    satoshi wields much power, along with many coins.
     
    dozerz, Dec 9, 2015
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  10. House

    House Well-Known Member Silver Stacker

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    And he wielded it all along without anybody knowing his real identity. Now the asshats at Wired have gone and turtled up his life :/
     
    House, Dec 9, 2015
    #10
  11. Porcello

    Porcello New Member

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    The guy is a freaking mathematics/cryptography genius. Any government will do anything to have his mind at its disposal.
     
    Porcello, Dec 9, 2015
    #11
  12. whinfell

    whinfell Well-Known Member Silver Stacker

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    Because the ATO want to tax BTC. :/
     
    whinfell, Dec 9, 2015
    #12
  13. yennus

    yennus Well-Known Member Silver Stacker

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    Or make him disappear...
     
    yennus, Dec 9, 2015
    #13
  14. JulieW

    JulieW Well-Known Member Silver Stacker

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    He's created a currency.
    Government prerogative.
    Along with robbery and murder.
     
    JulieW, Dec 9, 2015
    #14
  15. dozerz

    dozerz Well-Known Member Silver Stacker

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    this guy has left too many clues to want to be found, smells like a rat.
     
    dozerz, Dec 9, 2015
    #15
  16. Altima

    Altima Well-Known Member Silver Stacker

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    Or they could have gotten the wrong guy...
     
    Altima, Dec 9, 2015
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  17. johnw

    johnw Member Silver Stacker

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    johnw, Dec 10, 2015
    #17
  18. johnw

    johnw Member Silver Stacker

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    I remember the biggest concern about satoshi nakamoto revealing him/herself was that it was highly likely some dodgy government or an organized crime group would bag him and beat him with a rubber pipe until he handed over the passwords for the tulip trust ($400m of bitcoins).
     
    johnw, Dec 10, 2015
    #18
  19. SilverDJ

    SilverDJ Well-Known Member

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    If they want to tax it then you have to be allowed to pay them back in BTC!
     
    SilverDJ, Dec 10, 2015
    #19
  20. tozak

    tozak Well-Known Member Silver Stacker

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    To do what with it, sell them off like the FBI did with the Dread Pirate Roberts coins, or try and suppress the price with them while selling into the difficulty increases and block reward halving? Not many people seem to comprehend the mathematics behind the structure of the coins so fail to understand how they trade against fiat. To put it simply they must either go to zero or go to infinity over a long enough time frame and this is very concerning to those in power.

    My guess is there will be some huge event or a false flag that will be claimed to be funded by crypto coins. Governments will unite and try to flat out ban all digital currencies, ISP's will be required to report any connections to the Government who will in turn issue large fines or imprisonment at that point. This will push the whole lot underground so who knows at that point if miners will even keep the coins going.

    I would like to think that Bitcoin is the solution free markets are searching for however I think it will be a very rocky road ahead.
     
    tozak, Dec 10, 2015
    #20
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