/biz/ - Business & Finance

>>12833312

Hal was far more the anarchist than I could ever imagine. I had many in my circle who were anarchist in nature, and I didn’t really think about the utopian goals they held and problems they could cause later on. Hal wanted people to run nodes early on. He is the reason that we had a block cap. I knew that I should have fought back and not have allowed it.

The scarcity in Bitcoin is defined in the number of issued tokens. Hence it’s an integer, and there cannot be more decimal places. As much as Hal was a great supporter, he also saw flaws that didn’t exist within Bitcoin.

Towards the end of 2010, I had become incredibly disillusioned. It wasn’t just issues with the Australian government, but rather issues with many parts of life in general.

>>12833320
I didn’t run away from Bitcoin, but I needed to know more about the system I created. Most critically, I needed to know that it could work at scale as I had planned. Towards the end of 2010, WikiLeaks had started promoting Bitcoin as an end to their woes. WikiLeaks and I have not had a good relationship.

Shortly after, the dark web and most prominently Silk Road started integrating Bitcoin. As a system that was designed with an audit trail, Bitcoin was designed not to be even remotely similar to the anonymous digital cash that had been propagated earlier and promoted in systems such as CHL, Monex, and DigiCash.

Bitcoin was supposed to solve all their issues, and yet I saw such sites starting to rely on Bitcoin. More importantly, unlike even the more anonymous eCash that had been shut down, Bitcoin was being used on the dark web and not on banks. eCash had been accepted by organisations such as the Deutsche Bank, before it was closed down and the attitude of people involved in the community ensured that no bank or responsible organisation was touching it.

>>12833326

Bitcoin started to seem to me to be delivering everything I was opposed to, and everything I thought it was designed not to be started to appear. So, all I can say is that I was disillusioned.

Even Hal started to get it. In December 2010, Hal said:

“Ultimately it’s good for the network for mining to be expensive. It makes it that much harder for a well financed attacker to dominate the network.”

So, unlike the earlier idea of needing to put a cap on and slowly build to allow many nodes, he started to get it. Unfortunately, by the time I was already disillusioned.

He still saw Bitcoin as the store-of-value and digital-gold idea, though.

>>12833330

“I see Bitcoin as ultimately becoming a reserve currency for banks, playing much the same role as gold did in the early days of banking. Banks could issue digital cash with greater anonymity and lighter weight, more efficient transactions.”

He never got around to understanding how efficient Bitcoin can be. I guess we all have baggage that weighs us down from the ideas we had before. For Hal, it was the cypherpunk concept of money and digital cash. It is not what Bitcoin is, nor is it what Bitcoin was designed to be.

What I have learned, and I have learned the lesson very well, is that you cannot teach other people and you cannot make them learn. You can provide material and give them a path to learning.

With people like Hal, I’ve come to learn that no matter how much you like someone, it is not worth investing in saving one person from a flawed idea to the exclusion of offering a means of teaching others. I have learned the hard way not to focus on an individual, not to try and save them but rather to get material out allowing as many people as possible to learn—and first those who seek to learn.

>>12833337

Learning is a privilege, not a right. It has to be earnt. It is a proof of work in itself. Some people think that it’s important for me to come out and bring everybody in as quickly as I can, except it is utterly wrong.

My time, as with everyone’s, is incredibly limited. We live short fast lives, and unlike many people, I do not have time to waste. So, I only want the people who really really really want to learn. The people who are going to take what they have learnt and create and build and grow the ecosystem.

Do you think I care anymore? It’s funny that you do. With close to 1,200 papers in our patent pipeline, no matter what happens now, I will have exceeded Mr. Edison, and by the time I’m finished between everything I publish, I’m hoping to actually achieve 10,000 papers. The funny thing is, you think saying anything against me stops what I am doing. It doesn’t. But it does give me a laugh.

In 2010 and early 2011, I was disillusioned as I saw Bitcoin used in a way that it was designed not to be used in. The funny thing is, the people later proved I was right. Because of Bitcoin, Silk Road was stopped, and many of the people behind it are now in prison. It didn’t make things easier at the time, but it is a nice vindication now.

I needed to go away, and I needed to prove to myself that the system I had created worked the way I’d intended. It does, and it always did.

Such is some of the irony I can see in boondoggle attempts to create something that Bitcoin was designed not to be, to try and make it more into something that Hal and Wei would’ve designed.

i'm gonna post it here too, the internet remembers craig... you try too hard! it's pathetic.

>>12833345

Lightning and sidechains are designed to lose records, to allow the creation of an anonymous system that loses records. The reason for the BSA is not consumer protection, it is to ensure that all financial institutions maintain records. Interestingly, everything that is being done to create Lightning and off-chain solutions is the reason why failed cryptocurrencies of the 90s were shut down. The irony is that Bitcoin can only be legal by keeping all records of transactions.

“The Bank Secrecy Act (BSA), as amended and implemented by regulations passed by FinCEN [Financial Crime Enforcement Network], requires a wide-swath of otherwise unregulated financial institutions to register with the government, implement anti-money laundering procedures, keep data, and report certain transactions and other data,” Reuben Grinberg, a lawyer for Davis Polk & Wardwell, wrote in his academic paper on Bitcoin in 2011—again with the flawed misconception many try to spread that Bitcoin is anonymous.

When you start to lose records, the concept Lightning and sidechains are designed to create, sidelining the currency altogether becomes simple and effective. “Under the statute, FinCEN has power to prevent US financial institutions from dealing with institutions that deal with Bitcoin, which would essentially outlaw it in the US,” Grinberg (in Quartz). “Previously in interviews I have said that I think it’s unlikely that the US Government would just outright ban Bitcoin. But this action shows that its not impossible.”

Well, not Bitcoin, but, Lightning.

>>12833343
That's just an legitimate edit that he had been meaning to make for years.

>>12833356
no it's a series of edits and fake postings that he tried to seed fake hints about his early involvement in 2014 too 2015. but archiving services caught it and it's still in clear evidence today.

>>12833365

When are you going to make a proper trip so I can filter?

>>12833370
oh boy so you are a repeat customer... how heavy your sv bags are be honest!

>>12833365
this is the satoshi timeline
up until 2014 there was no evidence of his involvement then after they magically showed up. meanwhile he took the aussie irs to the shed for $54 million.

>>12833346
That is not actually evidence of blog faking. That's an archive.org snapshot of a Wayback archive of the webpage. The "original date" corresponds exactly to the Wayback snapshot date in the "Saved from" URL, as you can see.

The good evidence of blog faking can be found by looking at wayback archives, in particular pay attention to post counts in the left sidebar.
https://pastebin.com/11fLrwPV

>>12833396
ever other post save has the arcchiving date corresponding to the original date only these involving bitocin somehow show 2014 and 2015... that's fucking evidence nigger of backdating posts.

Craig's face is fucking melting. Is this the result of life-long alcoholism?

>>12833411
sorry i'm too fucking tired i need to sleep.
the point is he has plenty posts from the time period where there is no discrepancy meanwhile these posts about bitcoin magically all have been archived in 2014 or later first after he started his con.

>>12833396
What the evidence tells us:

Craig appears to have first backdated a bitcoin blog (the "Jan 2009" one) in early 2013, when he was desperately trying to avoid getting caught by the ATO for grant fraud. See, he had to show he did something with all the grant money he had obtained. As part of his fraudulent manufacturing of false evidence, he made a fake blog so it would look like he had been mining bitcoin basically from the initial release.

The whole "I am Satoshi" lie came a bit later, starting in 2014. Sometime around the end of 2014 is when he backdated a blog to Aug 2008 ( see >>12833343 ), that would make it look like he wrote the bitcoin whitepaper. He scammed a lot of smart people and the scam is still running, though thankfully his scheme is steadily crumbling.

>>12833435
Check out the pastebin link I included -- he actually started faking bitcoin blogs in early 2013. As for why, see >>12833448

>Tried to code hello world
>Can't
>look it up online
>copy and paste

>>12833312
cuck

>>12833448
I have a journal. Sometimes I go back and a mend parts of it with what I really meant or to add clarity. It is normal. And for CSW the blog was basically a journal.

>>12833463
don't forget this slight of hand!

>>12833396
It's absolutely airtight evidence that you can check yourself. He's a fraud.

>>12833515
Remember when craig thought bitcoin could go faster than the speed of light?

>>12833544
Nah man what I'm saying is there is lots of airtight evidence that he faked shit. Just that the one screenshot in question is not effective evidence.

I like people to present the strongest evidence only. The one from wikileaks ( >>12833343 ) is probably the best. If you present weak evidence, then deniers will try to draw attention to that weak stuff and debunk it, which distracts from the strong stuff.

>>12833515
That was actually pretty lit

>>12833573
I apologise, I didn't realise there was more than one faked blog! Lmao what a cretin. I assumed that was the wikileaks example (which biz was actually circulating months before wikileaks posters it)

>>12833617
>I didn't realise there was more than one faked blog!
he was busy our little craig
>"Wright’s mother had told me about her son’s long-standing habit of adding bits on to the truth, just to make it bigger. ‘When he was a teenager,’ she said, ‘he went into the back of a car on his bike. It threw him through the window of a parked car. That’s where his scar comes from. His sister accompanied him to the hospital and he’s telling the doctor that he’s had his nose broken twenty or so times, and the doctor is saying “You couldn’t possibly have had it broken.” And Craig says: “I sew myself up when I get injured.”’ What his mother said connected with something I’d noticed. In what he said, he often went further than he needed to; further than he ought to have done. He appeared to start with the truth, and then, slowly, he would inflate his part until the whole story suddenly looked weak."

>>12833617
It's really amazing how much shit he fakes. :-D

https://github.com/CultOfCraig/cult-of-craig

I'm sure there are more fake blogs, just can't be arsed to find them all. Wayback machine is beautiful.

>>12833591
yeah the sole fact that the script ran and did no throw an error for an undefined variable makes it absolutely certain it was not a typo but a fucking deliberate scam.

>>12833657
> Nik Cubrilovic (security expert): Craig Wright is not Satoshi Nakamoto
> Peter Rizun (Bitcoin Unlimited chief scientist): rejects Craig Wright's claim that Bitcoin can be faster than light speed
> Charlie Lee (Litecoin inventor): I can't believe some people still think he's Satoshi
> Vitalik Buterin (Ethereum inventor) writes 59 tweets about Craig Wright's talk: Craig Wright is crazy.
> Vitalik Buterin (Ethereum inventor) refutes Craig Wright's technobabble. See #12 for more
> Amaury Sechet (Bitcoin ABC lead developer) refutes Craig Wright's technobabble. See #12 for more
> Peter Rizun (Bitcoin Unlimited chief scientist) calls out Craig Wright lying about him
> Vitalik Buterin (Ethereum inventor) stands up at conference and calls Craig Wright a fraud
> Paul Sztorc (TruthCoin's chief scientist) shows how Craig Wright does not know basic math
> Andrew O’Hagan (London Review of Books editor) writes about how Craig Wright was paid $15M to claim he was Satoshi to escape financial difficulties
> Craig Wright's mom says he's prone to lying
> Krawisz suggests that Craig Wright is over the top to specifically attract a non-technical following. See also Microsoft research paper on Nigerian Prince scam emails
> In 2010, security expert says Craig Wright's writing is "complete drivel and even laughable"

phew... btw peter rizun is the only cashie i give a damn about he is smart and actually to the point

>>12833778

>Joseph Vaughn Perling
>John Matonis
>Ian Grigg
>Gavin Andressen

Checkmate

>>12833867
see the fucking script that he duped gavin with: >>12833515 in his controlled seance
all the rest ate non-entities.

>>12833888

Speak for yourself, and checked

>>12833343

think about it... this is around when buzzfeed and wired were trying to expose him as Satoshi

Did it ever occur to you that maybe he wanted people to think he was making fake edits so they wouldnt believe he was Satoshi?

>editing a old blog post to make it look like you were working on crypto

NO NO NO

HAHAHAHAHHAHAH

*HONK*
*HONK*
*HOOOOONK*
I have an announcement everybody!!!! *HONK* Everybody, I have an announcement!!!!! *HONK* *HONK*

*blows up balloon and makes a balloon dog* This announcement is gonna be monumental!!!!!! *sprays water from fake flower* The biggest *slaps you with rubber chicken* most amazing announcement *pulls string and bowtie spins like a fan* you'll ever hear in your life!!!!!!!!!

Get ready, for *takes off size 30 shoe, inflating a giant balloon hammer, then whacks you with it* the announcement *starts pulling line of multi-colored cloth from throat* to end all announcements!!!!!!!!

And that announcement *gets in tiny car, drives around and then gets back out* is gonna be coming to you *pulls out gun* NOW!!!! *"Bang!" flag pops out upon firing*

Here, just lean your head in closer to this sack of announcements and you'll hear it!!!!!!!

Closer...

Clooooosssseerrrr...

*HOOOOOOOOOONNNNNNKKKKKKKK*
*presses a coconut pie into your face*

And there it is!

>>12834571
>Did it ever occur to you that maybe he wanted people to think he was making fake edits so they wouldnt believe he was Satoshi?
no because he is evidently trying his god damn best to prove himself to be satoshi to anyone willing to listen. don't overthink this! occams razor!

Wow. Slandering the name of a dead man? Craig is going directly to hell

>>12835515
No he doesn't. He has stated numerous times that he never wanted to prove he was Satoshi, and he couldn't care less if you believe he is or not.

>>12835863
>No he doesn't.
yeah and rain is not wet. bullshit he did his fucking best he forged scammed deceived lied cried pleaded for years.
>and he couldn't care less if you believe he is or not.
i'm pretty sure then he could just shut the fuck up about it. in fact shouldn't ever bring it up.

>>12835876
Are you his mom or something telling him what he should do with his life? Just shut the fuck up kike fag.

>>12835981
his mom told us he is a fucking compulsive liar with her own words i don't see where you could go with this line of arguments.

>>12833326
>i dont want to make CrimeCoin
>increase blocksize to 100MB
>people begin uploading CP to the chain

woops

$70>

Kek

>>12833312
kek empty glass because you cant bring alcohol onto academic premises hahahahaha

>>12835515

Occam's razor says he is Satoshi, but you have to look a little deeper than the proof of social media noise. ;-)

>>12836079
Thats his house u moron

>>12834571
>Did it ever occur to you that maybe he wanted people to think he was making fake edits so they wouldnt believe he was Satoshi?

did it ever occur to you that you're either a newfag that knows NOTHING about this and that you should stop speaking about things you don't know about or you're an SV shill that should fuck off and die?

craig wright went on a full worldwide press tour claiming to every fucking journalist that would listen (GQ, BBC etc) that he was satoshi. he even emailed the fucking journalists himself pretending to be a disgruntled ex-employee ffs.

so, what are you? newfag or shill? either way, shut the fuck up.

>>12837066
gas yourself nigger

>>12837202

that's one way of looking at it.

another way of looking at it is that he was being doxed and felt that the best way to handle it at the time was to come out but to muddy the waters enough that there would still be doubt and confusion. Which has actually worked...

This has allowed him to continue working under the smokescreen created by all this proof of social media noise, and for the right people to not take him seriously so nChain can continue to accumulate patents and do other necessary things to be in a better position once BTC collapses.

But, look at it however you wish. It is similar to how people view Trump - they either love him or hate him, and supporters see something very different from the haters. They can't really prove anything to the other side because they are operating on different perspectives and assumptions.

I have been in Bitcoin since 2011 and am in the slack channel with Craig. I have seen things that lead me to believe in fact he is Satoshi. I can't prove this, and really, I wouldn't care to. People should believe what they want, and I respect their right to do so.

>>12837079
bahahahahahahaahaha kek okay buddy

>>12833463

This was a troll. A lot of people don't get how Craig operates. He loves to do things on the surface level to give people the impression that he is a fool or just crazy. He also has a rather... unique way of communicating that is easy to misinterpret. That's why you have to dig a little deeper to get at the truth. If you get caught up in social media noise and are already convinced he is a fraud, you will get snagged as that is all you will be able to see. It's similar to how it's impossible to convince a Trump hater that Trump is actually not as stupid and bad as they have been lead to believe. Trump and CSW are actually very similar in their methods and if you want to understand him I would look to understanding Trump's style, and also read the 36 stratagems as he uses those quite a bit

>>12837407
>He loves to do things on the surface level to give people the impression that he is a fool or just crazy.
fuck off retard!

>>12837419

Just because there are genuine idiots who use that as an excuse doesn't mean there aren't smart people who do pretend to be stupid on purpose...

>>12837419
> Thinks he can shut down peer to peer networks with patents

That's not even just crazy or foolish but just plain stupid.

Also stupid if thinks people believe him.

>>12837442
i have yet to see one. and so i don't hold my breath until one turns up. craig haven't made a single sensible communication regarding to bitcoin. he just fudds threatens throws tantrums and calls others stupid. you are right about that it's not different form how trump does things. but calling trump smart when he has been a one trick pony his all life is a huge stretch. the only thing trump can do is stick his name to everything he wants. and he wanted america. good for him and the retards that let it happen. that ddoesn't make him smart. it doesn't make him a good president. it doesn't make him not a retard just like being tall doesn't excuse anyone from having an iq of 60.

I'm bored wouldn't it be fun if BSV dropped to $20

>>12837469
it can keep on dropping indefinitely as far as i'm concerned. bch was a mistake but it turned out to be okay to have an experimental branch going the other way. aside from cashies being insufferable non-stop about their delusions i actually started to think it's best to run with competing ideas and let the market and time sort it out. the fork after it was pure retard. and i realized i thought too much of cashies. they are almost all imbeciles.

>>12833661
I'm pretty sure 90% of people on /biz/ don't understand why, but even then I would guess that almost 100% of /biz/ doesn't believe this fag is satoshi

>>12837461

Try to downplay his personality and the outlandish twitter behavior, and listen to what he's actually saying. Watch some of his extended interviews on youtube, and if you find his style too unpalatable try listening to someone else who maybe has a style you prefer

>>12837276

fuck you. no matter how you try to spin this he cannot prove that he is satoshi and the evidence against him far outweighs anything he has shown.

GAS YOURSELF SV NIGGER YOU GLOW IN THE DARK.

>>12837632

Keep in mind confirmation bias

To me, the evidence is overwhelming that he is Satoshi, but, it depends on the narrative you are following, the assumptions you bring, and how you are interpreting the data and evidence.

It's like trying to determine the direction the attached gif is spinning. If you look at it, it seems as if it is spinning in one direction, but if you keep looking at it, it is possible to see it switch to the other direction.

So, I won't tell you your perspective is wrong, but keep in mind that it is a point of view, and it is possible to look at it from another point of view as well. And in a sense, both are true, at least as far as the experience goes.

>>12837802
>it depends on the narrative
To be honest it depends mostly on IQ. These people don't have the mental capasity to syntesize the well of information out there and reach the unavoidable conclusion that he is satoshi.

>>12837840
It's almost as if they are too stupid to realise what he's saying which is Lightning Network will be made illegal, but they will stubbornly keep their eggs in that basket because of course it takes intelligence to admit you're wrong

>>12837802

>Keep in mind confirmation bias

>To me, the evidence is overwhelming that he is Satoshi

cognitive dissonance must be banging around inside your empty skull like a drum kit falling down the stairs. amazing.

>>12837840
>>12837802
finally some non-NPC posts on /biz/
bsv is da real bitcoin frens

>>12837802
>To me, the evidence is overwhelming that he is Satoshi
my only problem with that statement is there is not a single shred of evidence. so you either define evidence quiet differently than the rest of us or you know something we don't.

>>12837581
i watched enough of him to know his claims are baseless and his proof is never actual proof.

>>12837802
>evidence
there is no evidence nigger brains
he claimed to be satoj before he knew bitcoin had a sign/verify function because he is a retarded schizo

bad
conman

Thing is, if he disappeared from the limelight of Bitcoin (sv) it might actually be a great coin.

But now its marred forever with his reputation

>>12838339
i heard that there are people that tdon't use intelligence to approach subjects but use feels. are the retards that fall to craig are actually just these emotionally driven people he can actually manipulate? like estp fags...

>>12837276

Based and stiffpilled

>>12839629
*esfp sorry

>>12837276
>>12837407
https://en.wikipedia.org/wiki/Ad_hoc_hypothesis

Way too many posts about this literal conman. And way too many biz autists thinking they have some magic insight that everyone is missing, while pitching in for a sociopath scammer that build such a ridiculous castle of lies and forgeries that to still believe anything he says makes you a certified retard.
A retard.