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This Australian Says He and His Dead Friend Invented Bitcoin

Posted on 5/2/16 at 8:01 am
Posted by Street Hawk
Member since Nov 2014
3656 posts
Posted on 5/2/16 at 8:01 am
quote:



A monthlong Gizmodo investigation has uncovered compelling and perplexing new evidence in the search for Satoshi Nakamoto, the pseudonymous creator of Bitcoin. According to a cache of documents provided to Gizmodo which were corroborated in interviews, Craig Steven Wright, an Australian businessman based in Sydney, and Dave Kleiman, an American computer forensics expert who died in 2013, were involved in the development of the digital currency.

LINK

quote:


The Australian businessman Craig Wright has published a blog post in which he claims to be Bitcoin creator Satoshi Nakamoto.

Wright shared these claims with three media outlets (the BBC, The Economist, and GQ) along with technical demonstrations designed to prove that he is the person who developed the concepts on which Bitcoin is built. The BBC claims that he has “provided technical proof to back up his claim using coins known to be owned by Bitcoin’s creator.”

LINK
This post was edited on 5/2/16 at 8:07 am
Posted by Broseph Barksdale
Member since Sep 2010
10571 posts
Posted on 5/2/16 at 8:02 am to
quote:

Dead Friend


WikiTiger?
Posted by Kafka
I am the moral conscience of TD
Member since Jul 2007
159004 posts
Posted on 5/2/16 at 8:02 am to
pretty sure a woman invented it
Posted by Bmath
LA
Member since Aug 2010
18919 posts
Posted on 5/2/16 at 8:36 am to
quote:

quote: Dead Friend

WikiTiger?


Posted by rintintin
Life is Life
Member since Nov 2008
17102 posts
Posted on 5/2/16 at 8:39 am to
quote:

pretty sure a woman invented it


If not, they damn well will invent how to spend it all.
Posted by Broke
AKA Buttercup
Member since Sep 2006
65493 posts
Posted on 5/2/16 at 8:40 am to
quote:

Dead Friend


quote:

WikiTiger?


Might as well be. Never came back to eat crow after me, Russian and the rest of the Money Board handed his arse to him over Bitcoin. And tried to convince the OT that it was going to topple governments and change banking forever. Oh and that it was a superb investment!
Posted by N2cars
Member since Feb 2008
40322 posts
Posted on 5/2/16 at 8:42 am to
Bitcoin should be abolished.

It has no redeeming social or economic value and only makes it easier for Russian and Chinese hackers to collect on Ransomware.
Posted by PerCuriam
backrooms, alleys and trusty woods
Member since Apr 2016
1577 posts
Posted on 5/2/16 at 8:42 am to
What is sad is the article(s) make no mention of the years of research both men gave their lives to before the Bit Coin development. The Tin Foil Hat.
Posted by colorchangintiger
Dan Carlin
Member since Nov 2005
30979 posts
Posted on 5/2/16 at 8:49 am to
I'm pretty sure Craig Wright is a hack and claiming to be the creator simply for attention. There were several discrepancies with his story when it broke 6 months ago.
Posted by Walking the Earth
Member since Feb 2013
17464 posts
Posted on 5/2/16 at 8:50 am to
An entrepreneur invented a clever way to potentially enrich himself and it wasn't about changing society or destroying government barriers after all?

I'm astonished.
Posted by colorchangintiger
Dan Carlin
Member since Nov 2005
30979 posts
Posted on 5/2/16 at 8:54 am to
quote:

Bitcoin should be abolished.

It has no redeeming social or economic value and only makes it easier for Russian and Chinese hackers to collect on Ransomware.


























































This is just like the politicians that want to make encryption illegal. It would literally be making certain math equations illegal. If anything, Bitcoin should be abolished because better cryptocurrencies have been developed.

quote:

It has no redeeming social or economic value


The blockchain (pioneered by Bitcoin) is probably the greatest invention of this decade. The Economist - The technology behind bitcoin could transform how the economy works
Posted by Cooter Davenport
Austin, TX
Member since Apr 2012
9006 posts
Posted on 5/2/16 at 9:04 am to
quote:

Bitcoin should be abolished.


Posted by N2cars
Member since Feb 2008
40322 posts
Posted on 5/2/16 at 9:07 am to
I was obviously being overly dramatic, but there is no denying the truth in my second statement.

Anyone in IT will say the same.
Posted by colorchangintiger
Dan Carlin
Member since Nov 2005
30979 posts
Posted on 5/2/16 at 9:20 am to
quote:

there is no denying the truth in my second statement.


Claiming it has no redeeming social or economic value is patently false. Did you not read the article I linked?

quote:

Anyone in IT will say the same.


Only if they are short sighted. Honestly, you sound like a lib that is talking about guns. Or Feinstein talking about encryption. Or the DEA on drugs. Or an SJW on free speech.
Posted by N2cars
Member since Feb 2008
40322 posts
Posted on 5/2/16 at 9:20 am to
Plus, you have to admit, it would be poetic justice to bankrupt the Winklevoss twins.
Posted by Cooter Davenport
Austin, TX
Member since Apr 2012
9006 posts
Posted on 5/2/16 at 9:24 am to
Well you got me there. I think we can all agree on the Winklevii.
Posted by N2cars
Member since Feb 2008
40322 posts
Posted on 5/2/16 at 9:31 am to
I actually meant the second part of my second statement.

As far as being short-sighted, ask the many people who've been victimized by Ransomware and how they've had to pay (Bitcoin).

Bitcoin can EAD.
Posted by colorchangintiger
Dan Carlin
Member since Nov 2005
30979 posts
Posted on 5/2/16 at 10:02 am to
quote:

As far as being short-sighted, ask the many people who've been victimized by Ransomware and how they've had to pay (Bitcoin).


And ask anyone who has been a victim of a mugging how they had to pay (cash, jewelry). Should we ban those as well? I'd say being mugged is way worse than ransomware.
This post was edited on 5/2/16 at 10:04 am
Posted by N2cars
Member since Feb 2008
40322 posts
Posted on 5/2/16 at 10:30 am to
quote:

And ask anyone who has been a victim of a mugging how they had to pay (cash, jewelry). Should we ban those as well? I'd say being mugged is way worse than ransomware.


The only way those two things are similar is that they are both robberies, so yes, we should ban robberies. Comparing a cyber crime to a physical crime makes no sense at all.

Bitcoin allows a level of anonymity that, even in cyberspace, is unparalleled. The fact is that bitcoin has it's highest use for illegal activities. It has been adopted by the criminal element far in excess of any legitimate purpose.

Posted by N2cars
Member since Feb 2008
40322 posts
Posted on 5/2/16 at 10:35 am to
I also see it is up to like $440 today.

Just about time for another "disappearance" of Bitcoin.
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