/biz/ - Business & Finance

>>29858409
Midwit take

Satoshi Nakamoto is the friends that we made along the way isn't it?

>>29858409
Imagine thinking Satoshi Nakamoto would have laser eyes on twatter and be posting shit like this. You're just as bad as csw cultists.

AJ or SN. but my lord you cant really separate all the work that went into prebitcoin history. Back, Hal, Szabo... everyone is satoshi. run a node and be satoshi.

oh and btw how the fuck did he know there would be 20 million btc.. unless IYKYK

>>29858682
satoshi is an nsa cryptonym and it's not hard to believe he could've been a part of that operation.

>>29858409
You didn't go down any rabbit hole, you are a faggot zoomer that watches youtube videos and deserve to be castrated

>>29858409
Retard alert

>>29858804

>>29858774
Got a higher quality image?

https://youtu.be/U-hbxxLgpsQ

https://youtu.be/SLwg6ZAmBwE

https://nakamotoinstitute.org/authors/ian-grigg/

>>29858682
https://www.youtube.com/watch?v=XfcvX0P1b5g&t=26m
explain to me all of this then
>>29858824
all the information is publicly available through other means. compiling it into a youtube video doesnt make it less valid

>>29858803
... anon there are 21M BTC

>>29858682
I’d unironically prefer CSW turn out to be Satoshi than this crypto Dave Ramsey

>>29858917
Calvin AND Adam agree Craig is satoshi here:
>https://www.twitter.com/CalvinAyre/status/1260015499984818176

>>29858409
You're low IQ, I'm sorry.

>>29858917
>explain to me all of this then
Kek so you watched this normie youtuber and that means you've "gone down the rabbit hole"? Fuck off faggot

>>29858774
>run a node

>>29858966

Yeah and 1M is mined by satoshi... and somehow hal finney knows this and acknowledges that those 20 million coins will be $10 million each. Even if he knows that satoshi mined those coins he would say there will be 21 million of coins not 20 because satoshi would just sold it at that time from the hal's perspective. Unless he is... you know satoshi

>>29859203
>greentexting a link

baka

>>29859409
Newfag alert

>>29859267
no, but he did it for me. i simply went to check if any of the information presented in the video was fabricated and its not.

>>29859438
Okay then, explain why I'm a newfag.

>>29859336
>Unless he is... you know satoshi
This is satoshi

>>29859525
Greentexting links makes it so mobile fags can’t click through which includes referrer information from 4chan

Hey dudes, wazzap here?

>Did you see that shill attack on /biz/ today?
These homeless pajeets really believe that clever trader will check their trash
Funny lmao
>I never risk today, my assets are on yield farming on yvs finance and I can withdraw any time

>>29859325
aww it thinks it can make it feel bad with sarcasm

>>29859591
It also makes it so I have to click and drag vs just double clicking to highlight the entire link.

>>29859676
That isn't sarcasm, you retard. It's mockery.

>>29858870
cringe

it was either hal or a pseudonym used by a group of government researchers

>>29859325
>t. crypto late adopter

>>29859708
I’m sorry to hear that anon

>>29858906

Holy shit, good find anon

>>29859759
These fags haven’t actually read Satoshi’s emails or bitcointalk posts anon

>>29858409
Yes i confirm it is Adam Back.

>>29858409
>another bong invention
we are just taking the blooming piss at this point

>>29858906
>https://nakamotoinstitute.org/authors/ian-grigg/
based

>>29858906
cryptographers all around the world were trying to figure out a way to create a digital cash system all the way since the 80s. this video is meaningless, at best it just means that that autistic nerd got very rich from bitcoin

>>29859325
That's you isn't it

>>29858409
Agreed

>>29858682
That one tweet proves he's not Satoshi imo, the goal of Bitcoin was never to get rich

>>29860203
got to drive humanity forward innit
not like anyone else is bothering

It's Bizonacci. I read a genesis block signed message in his CUM token smart contract.

>>29860676
His account is full of trash like this. Imagine thinking Satoshi would be trading BTC with leverage, fucking kek.

He is British and some posh twat judging by his writing style.

>>29858409
No, the "evidence" that he's Satoshi is laughable.
>they're both British!
The "evidence" that Satoshi is British is just as strong as the evidence that he's Japanese.
>they both use double space after their periods!
Wow, two people who write academic papers write in an academic writing style. Groundbreaking.

Adam Back was given credit for his contributions to bitcoin and takes credit for those contributions proudly. Satoshi came up with new terminology for certain aspects of bitcoin while Back insists on his original terminology. It doesn't make sense that they're the same person.

>>29860895
If the satoshi coins move, it will trigger so many bots that i doubt bitcoin wont tank 80% in a single hour, so in a way, he doesnt have that money (at least not while bitcoin's liquidity is this low). Without those coins, do you think satoshi is super rich? Or do you think he at tops has a couple million dollars to his name?

>>29861524
Watch this video >>29858917
Theres much more evidence than just that

>>29858409
>went down the rabbit whole meaning he watched that one video that came out recently on jewtube
normie midwit faggot kike go back

Satoshi is Nick Szabo and probably Hal Finney helping him. Adam is a POS hanger on who doubted bitcoin until the first major bullrun and his company does nothing interesting or constructive. He isn't close to smart enough to be Satoshi.

>>29861675
I'm not watching a 40 minute video about reddit drama just so I can come back and tell you Adam Back is not Satoshi.

>>29858906
what a waste of time, thanks for nothing anon

>>29858409
yes it's him, we all know already the youtube videos on it were very conclusive. Anyone denying it is a midwit, memeing, or in denial about Satoshi being just some guy with all the flaws that carries with it (ie a midwit)

>>29858409
This, op. So much this.

>Satoshi Nakamoto
>S N

Do you really think all the memes were just for the lulz?

If you think it’s anyone other than Dorian Satoshi Nakamoto you’re 100% retarded, only reason he’s kept low profile is to live a humble life and protect his family

>LOOK @ SATOSHI EMAILS!!!
no pgp or DKIM

>>29858409
i sincerely doubt it.
why can't you fags accept we have no clue whatsoever who satoshi is and there is a 99% chance we never even heard his real name (because he never intended us to learnt it)

i think satoshi not just created a new monetary system not based on trust. he also deliberately created a legend. he created a mystery that attracts people's imagination more than a bunch of 1s and 0s.

Its pretty clear he's dead.

>>29861811
>He isn't close to smart enough to be Satoshi.
He made the Hashcash
https://en.wikipedia.org/wiki/Hashcash

>>29858917
>>29861675
Satoshi is a big blocker, duh....
Therefore no one in the BTC community can claim to be satoshi.
https://satoshi.nakamotoinstitute.org/emails/cryptography/2/#selection-85.0-89.158

But mainly this >>29861739

>>29862139
>Sergey lost access to genesis wallets
Sounds about right for a stuttering pothead.

>>29858409
you are dumb
szabo is satoshi
and the only reason he doesn't come out as such is because he is too fucking based
bitcoin would be painted as white supremacy coin instantly

>>29863836
satoshi was a man who changed his stance when presented with suitable arguments or evidence.
at first he didn't want a block limit then he put it in with his own hands when hal convinced him about needing a dos counter measure.

>>29863282
>i think satoshi not just created a new monetary system not based on trust. he also deliberately created a legend. he created a mystery that attracts people's imagination more than a bunch of 1s and 0s.

Probably has more to do with that guy who created his own currency in the USA and was put in prison.

>>29864169
its so weird how people think satoshi is some godlike creature that knew the absolute truth about everything and how the experiment would develop from the beginning of time. he was just a human like everyone else, trying to "debug" his own creation as time went by

>>29864433
yup, but he has some godlike qualities if he is alive. a grip that can compress carbon into diamond.

>>29858409
it's entirely possibru

BarelySociable proved that Adam Back is Satoshi. Adam Back is the head of Blockstream which is itself controlled by the Bilderberg Group and the Banks. Dump the banker-created distraction Bitcoin and get into silver if you really want to make a difference.

>>29864632
>proved
you are using such strong words for autistic cashie sperging and random conspiracy theories

>>29858409
Makes a shitload more sense than creg sanjay right

>>29864763
eve a dog would make more sense than that dickwad

>>29864722
Sociable doesn't care about crypto at all, so no not a "bcasher," and you're lying to call his video "sperging," one of the best-written most well-researched and most remarkable video-essays ever. And anybody who stumbles across this thread and watches it will see that you're lying.

>>29858870
I don't speak rice, but always found this interesting, if true.

>>29858409

Why didn't he come out when Wright claimed he was Satoshi?

Craig Wright is Satoshi you stupid fuck.

>>29865079
why would he reveal himself or reveal that hes still active just to prove that a drunken australian scammer isnt satoshi?

>>29864902
it's 100% cashie propaganda. if he doesn't care he has been spoonfed by roger ver. makes no difference.

>>29864975

>>29865079
Why the fuck would he do that? You think satoshi just used a pseudonym for shits and giggles? He’d rather that moron creg keep the attention off himself.

>>29865196
satoshi would ruin his own experiment with intervening in any way.
i'm pretty sure he always planned to leave the project and let it take it's own path without him tending to it daily.

>>29858774
Nice

>>29864169
>>29864433
Off course he is/was. But to go from wanting VISA level throughput at extremely low fees to the defending the utter disgrace bitcoin has become (for what exactly? so nerds can have a node in their garage like old times?) is quite a stretch.

>>29858409
>>29858682
>>29858499
>>29858824
>>29858838
This was posted in 1998 on the same mailing list Satoshi used. It got 2 replies, one from the guy who's paper he's talking about. And one from some guy who said virtual money is a dumb idea. No other interest in this paper about "b-money". I don't think anyone ever talked about b-money again on the mailing list.

"b-money" is the very first reference in Satoshi's paper. The main other reference is to Adam Back's paper, also discussed in this email.

>>29865241
Roger Ver is an upstanding dude though.
I legitimately don't understand why people call him a scammer. Because he was reluctant to give up the Bitcoin brand and kept bitcoin.com where he pushed for Bitcoin Cash? That's not scamming, that's just bitcoiners throwing a hissy fit and denying that the fork happened and stupid noobs not doing any research into what they're buying. "No we are still Bitcoin and the only Bitcoin REEEEEEE"
Also mocking him for displaying emotions when talking about war and bloodshed shows how dark most of society has become.
He has decent morals, unlike most people.

>>29865949
he is a psychopath that is trying to mimic empathy but not a very good actor. that said if he wasn't a cashie moron i wouldn't have a problem with him. he usually mops the floor up with the morons that debate him in an admirable effortless manner.

>>29862139
sodium nitrite?

>nick szabo
>flips initials when making pseudonym
>satoshi nakamoto

typical human thought process if you cant see it you cant see shit

The question to ask is: if Satoshi were to start Bitcoin again, from scratch, what would he change?

Wait. Is Satoshis wallet seriously worth 5TRILLION dollars!???

>>29859781
I'ts true though? can you elaborate a bit how it's cringe that people think btc shouldn't be owned by the very instituitions that it was meant to replace?
https://www.coindesk.com/mastercard-cibc-and-new-york-life-join-dcg-funding-round

>A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution.

>>29866257
there is a counter argument and a pro argument for nick.
first off as a basis his codebase that he did before bitcoin on bit gold is very very similar (i had a copy years ago can't find anywhere). in complexity and principles so he definitely has what it takes.
and bitcoin from day 0 had smart contract capability not mentioned in the whitepaper whatsoever. definitely nicks influence if not his doing.
the counter argument is nicks property titles were no meant to be fungible and proof of work that is just basically burning electricity without producing anything useful seems to be an alien concept for nick before bitcoin also.

Look at the comment he made the first day he joined the Bitcoin forums. Talks about a change that wasn’t in change logs from years before.

>>29866332
proof of work is a disaster, but satoshi invented it and might be wedded to the idea.

>>29866796
Samsung is Korean. Try Sanyo.

Barelysociable is normie clickbait that streams with his viewers doing “research”. BCH birds obviously infiltrated the chat leading to his retarded conclusion that Blockstream controls Bitcoin despite it being an open source peer reviewed project.

>>29866332

Change his pseudonym into Nicholas van Saberhagen and not make the same mistakes again

IYKYK

>>29866332
interesting question. because monero is better at being cash especially for a shadow economy specifically but it is also horribly limited without script/smart contracts.

>>29867486

Fuck I just realized something

Nicolas van Saberhagen
Nick Szabo
Sergey Nazarov
Satoshi Nakamoto

WHAT THE FUCK IS GOING ON

>>29867952

FUCK IT'S NICK SZABO ALL THE TIME HE IS BOTH SATOSHI AND NICOLAS VAN SABERHAGEN HE REALIZED HIS MISTAKES ON BITCOIN AND FIXED THAT ON CRYPTONOTE

>>29867952
i find the idea that satoshi moved on from the first prototype to the next iteration with crpyptonote plausible. but i don't find it necessarily true.

OP you and everyone in this thread are fucking newfags and should lurk moar before posting fucking idiots. Satoshi was not one person it was a team of 3 people in NSA. Here is the link of the article about Bitcoin published in 1996 on MIT journal:

http://groups.csail.mit.edu/mac/classes/6.805/articles/money/nsamint/nsamint.htm

Funny thing is that one of the 3 people who made Bitcoin is an Iranian woman called Susan Sabett but there are zero results when you search her name.

>>29865909
>>29858409
OP. I need your help. Please find me the paper the IMF or international bank wrote on digital money. I forget (((which large organization))) wrote it. I cannot find it no matter where I search. It was a paper outlining the future of electronic money written before the 2000s. 70s if I remember right.
It described a currency that would have symptoms of bitcoin and other modern cryptos. secure, user controllable, verifiable.
I cannot find it. Please help OP.

It's Nick Szabo, and/with the help of Hal Finney and Tim May and some others. It's either a group or Nick Szabo is Satoshi with help from others. This is not even debatable. Adam Back and Craig Wright are frauds although I do believe adam back may have given some input but was likely an antagonistic force even when asked for help.

>>29868576
THANK YOU. this is a great reference.
There was another post on a blogspot. It analyzed the nonces in the early transactions. It concluded that the machines were on the same network using identical hardware.
searching sabett does show results. if you have more links about her, post them.

>>29868732

None of those results are her....

>>29868768
you mean pictures? I searched for articles

>>29868795

Also i forgot to mention that NSA built the SHA-256 encryption algorithm that is used in Bitcoin as well. So they made Bitcoin AND the encryption algorithm it uses. There are more clues but i dont have time to post. ADIOS!

>>29868576
have you even read it?
>One should keep in mind that the term "Bank" refers to the financial system that issues and clears the coins. For example, the Bank might be a credit card company, or the overall banking system.
that doesn't describe bitcoin at all. still relies on a trusted authority and central database.

>>29868850

>posted on 1996
>bitcoin released on 2009

Stop posting idiot.

>>29868847
hasta manana amigo.

>>29866472
No you mong 50 billion

>>29868847
well yes it's undeniable that the nsa contributed to bitcoin. even monero uses sha-3

SHITOSHI SNACKAMUCHO

Paul Le Roux

>>29858409
>posts same photo as always from maxi
Convincing

>>29866820
PoW is literally what defines crypto, PoS is not crypto.
>>29868612
Not sure about imf but here's one from the nsa
https://groups.csail.mit.edu/mac/classes/6.805/articles/money/nsamint/nsamint.htm

>>29868935
but have you read it? it's nothing like bitcoin. doesn't describe any of the operation specifics of bitcoin. it's a fucking electronic banking system that allows for limited offline transaction capability. altho it's not very forthcoming about how it would work.

>>29858409
Most likely but what is Szabo’s involvment? Or Dai or Fenneys?

>>29869207
oh and bitcoin doesn't allow for offline transactions and doesn't use zero knowledge proofs. so we could clearly conclude it's two systems that have zero in common aside from digital signatures.

>>29869298

Low IQ subhuman

>>29868935
this fucking retard thinks that prior to bitcoin being invented, NO ONE was trying to figure out how to create a decentralized digital cash system LMAO

>>29869568

Post other digital cash systems which were manifested before 1996 subhuman or shut the fuck up.

>>29869459
>gets exposed for the absolute moron that he is
>"Low IQ subhuman!"
just get out of the thread, you have embarrassed yourself enough

>>29869636

>retarded subhuman is given the link to the NSA digital cash system which uses CRYPTOGRAPHY just like Bitcoin
>claims there were other digital cash systems before that
>is asked to post the proof
>changes the topic

Typical low IQ subhuman and 100% a pajeet. Fuck off cuntface.

>>29869459
just fucking read it for yourself imbecile
don1t take others word for what's in there.

>>29869796
it's nothing like bitcoin. you either haven't read it or have no clue how bitcoin functions.

>>29869868

I can smell the curry disgusting subhuman.

>>29869919

You are a dumb nigger who doesn't understand what the years between 1996 and 2009 mean for improvements in a project. Just shut the fuck up already retarded nigger everything you say is embarrassing.

>>29869934
you are embarrassing yourself badly at this point.

>>29869991
that's like saying an orange is an improvement on an apple.

>>29869796
>DUDE IT FREAKING USES CRYPTOGRAPHY! THAT MEANS THEY GOTTA BE THE ONES THAT CREATED BITCOIN!
CRYPTOGRAPHERS ALL AROUND THE WORLD WERE TRYING TO SOLVE DECENTRALIZED DIGITAL CASH SINCE THE FUCKING 80S
WHAT YOU ARE SHOWING ISNT DECENTRALIZED, DIGICASH WAS INVENTED IN 1989 YOU ARE A CLUELESS MITWIT MORON JUST STFU ALREADY

>>29870086

>still doesn't post any proof to the projects he claims existed before 1996

Kill yourself pajeet

>>29870086
as this anon so eloquently said

>>29870132
I JUST TOLD YOU DIGICASH. 1989. USES CRYPTOGRAPHY. WAS A DIGITAL CASH SYSTEM. KILL YOURSELF

>>29870199

>DigiCash
There was no concept of Blockchain in DigiCash fucking idiot. GET FUCKED AND DIE PAJEET!

>>29870407
nor is in the shit you linked

>>29869188
>PoW is literally what defines crypto, PoS is not crypto.
Retarded. Bitcoins PoW costs 5% of the enitire marketcap every year and for what? A simulated ASIC does the same thing and takes no energy.

>>29868731
Why do people call Adam Back a fraud? I watched part of the video linked hered and he says he's not him?

>>29870407
you're a god damn retard

>>29871032
no the function of pow is to link our physical time to a truly decentralized system without any authority.
in a distributed system there is only subjective time and anyone can lie about their clock or the events they observed. to reach consensus on ordering events you need a distributed clock.
pow basically is this clock. not only it allows ordering events it makes the event chain unidirectional (this is of course probabilistic in nature especially at the head)

>>29858409
>i went down the ~~rabbit~~faggot hole
fuck you and your holes. he is not satoshi. hes a maxi cuck

>>29865909
That's pretty much proof

>>29858409
hi satoshi

>>29872623
more evidence than what we seen from craig or pajeetoshi you mean

>>29871986
all PoW does is ensure 51% of miners "voted" on a particular blockchain. Smaller coins with proof of work get hacked all the time. Someone spends $150 to rent a server room for an hour and gets 51% of the votes. Then they can spend their coins as many times as they want and then vote to undo their transaction.

You can get the same benefit from PoS without spending billions of dollars a year on pointless electricity bills.

>>29873358
>all PoW does is ensure 51% of miners "voted" on a particular blockchain
no you could do that without pow obviously
read my explanation it's pretty concise and to the point. >>29871986 read it until you get it!

>>29871986
oh and of course this distributed clock has one more function besides ordering events more importantly it is needed for the fair predictable and even distribution of coinbase.

if you have a premined shitcoin with some federated voting system you certainly can work around pow. nobody said a cryptocurrancy absolutely has to have pow. but then you will be wondering for decades why your shitcoin is ignorde and why everybody is buying bitcoin at $1million a piece.

>>29872623
>>29865909
I grepped through the email archives and it seems like literally only Wei Dai and Adam Back cared about b-money. The archives only go to 1998 and there seem to be some odd missing emails. though this "Anonymous" guy also talked about it and has the same writing style as satoshi and back.

>>29858409
satoshi nakamoto isn't one person retards
it's a group of cypherpunk that worked together and interacted with other cypherpunks when they needed help
one person was tasked with posting on forums

>>29873535
Any blockchain orders events. All PoW is make it "hard" to create a competing blockchain. PoS can do the same thing, better.

>>29873787
You can still use PoW to distribute the initial supply of coins. You can also airdrop them to random IP addresses which would probably be more fair.

Really distributing coins is arbitrary. I don't see why the creator getting the first coins is less arbitrary than any other distribution. Even Satoshi premined a huge percentage of coins.

>>29874749
>Any blockchain orders events.
yes but not in relation to actual time. just read it again you will get it.
>Really distributing coins is arbitrary
no clue what you are getting at here, but if your chain has no relation to time you can't do an even fair distribution.
>You can also airdrop them to random IP addresses which would probably be more fair.
you can't really do distributed trustless random without pow. that's also kinda something it does because there is a random element to the hash that will get accepted and it can be validated by others for correctness.
>Even Satoshi premined a huge percentage of coins.
no he didn't bitcoin was openly and fairly mined it's not his fault two dozen miners didn't join him immediately and had to keep the network going sometimes alone.

you are not very well versed in computer science are you?

>>29869160
This

>>29874749
in fact you don't even need a blockchain to order events altho that is certainly an important function of the blockchain dags proved that it's possible to order events without it.

what dags have yet to proved is that a leaderless voting system is not trivially sibyled. and mucking around trusted authority is what 98% of the shitcoins do for a living. best we can do so far is federating trust.

>>29858409
Sub-90 IQ take right there buddy

>>29874749
>PoS can do the same thing, better.
citation needed
maybe, but no fact or observation currently validates this claim
hope is good though

>>29874749
https://soundcloud.com/yeethewarlock/sacred-economics-ep-1-macro-101

https://soundcloud.com/yeethewarlock/sacred-economics-ep-2-supply-issuance

https://soundcloud.com/yeethewarlock/sacred-economics-ep-3-pertinent-scalability

dont fuck this up for yourself or for others anon.

>>29875428
i don't think you get bitcoin anon.
If I built a large enough supercomputer tomorrow, I could create a new blockchain from the genesis block to now. A client connecting to the bitcoin network has literally no way of knowing which blockchain is "real". Only that one has more computing power put into mining it.

I don't really care how coins are distributed, it's an implementation detail.

>>29875804
>i dont think you get bitcoin anon
>if i built a large enough supercomputer tomorrow
FUCKING kek. hilarious anon. don't throw rocks in your padded glass house.

>>29875804
>If I built a large enough supercomputer tomorrow
go ahead

>>29875762
the simplest proof of stake just simulates ASICs. It's almost exactly the same dynamics, there's no need to burn real electricity.

>>29875957
it's a hypothetical thought experiment, but 51% attacks have actually happened to smaller coins like GRIN.

>>29876208
>the simplest proof of stake just simulates ASICs
no, it can't and doesn't simulate asics.
>there's no need to burn real electricity
it's not like we can store it so why not if it's economically rational?
>it's a hypothetical thought experiment, but 51% attacks have actually happened
the nakamoto consensus were never claimed to provide finality for a fractional hash shitcoin. the majority of hashrate either participates honestly or it's worthless.

>>29876208
yes. exactly.
>>29876172
kek. based.

>>29876208
it is literally not a hypothetical thought experiment. it is energy. silicon in resistors. can't be created not destroyed, certainly not by a fucking keystroke.