Man who claims he invented bitcoin faces prison after filing $1.1 trillion suit (arstechnica.com)
from Xatolos@reddthat.com to technology@lemmy.world on 21 Dec 10:15
https://reddthat.com/post/31481193

#technology

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AllNewTypeFace@leminal.space on 21 Dec 10:40 next collapse

Looks like he won a stupid prize

Yuki@kutsuya.dev on 21 Dec 10:59 next collapse

Yea

rottingleaf@lemmy.world on 21 Dec 14:37 collapse

What I don’t like about our time is that it’s interesting in some baroque way. Lots of gruesome shit happens, Barry Lyndons occasionally float up, but in general it seems boring and depressing.

I guess it’s winter.

cheese_greater@lemmy.world on 21 Dec 11:28 next collapse

Free Fake-Satoshi

OhStopYellingAtMe@lemmy.world on 21 Dec 13:16 next collapse

Damn. I just buy my suits off the rack. Way cheaper.

Imgonnatrythis@sh.itjust.works on 21 Dec 14:54 collapse

He should go to prison. Filing a suit that expensive could permanently damage it

AdamEatsAss@lemmy.world on 21 Dec 15:07 collapse

I’ve been saying it for years. Shuits should not be filed only shelved.

SeekPie@lemm.ee on 22 Dec 09:03 collapse

Any tips on filing suits? Should I be using a metal or wood file? How long to file for?

Lexam@lemmy.world on 21 Dec 13:18 collapse

How frustrating would it be to be this guy if his claims were true.

phoneymouse@lemmy.world on 21 Dec 13:38 next collapse

Pretty sure they caught him in a lie or two

Earflap@reddthat.com on 21 Dec 16:23 collapse

Then it would be trivial to sign a message using his known wallet address that could be cryptographicly verified. But he is lying so he can’t.

Greg@lemmy.ca on 21 Dec 17:35 collapse

I don’t think this guy is Satoshi but no Bitcoin wallets known to belong to Satoshi have been active since their initial transactions. I think it’s likely that the keys for those wallets have been lost. So I don’t think the inability to sign these messages proves that he’s not Satoshi, the fraud does though.

Earflap@reddthat.com on 21 Dec 21:40 next collapse

If the keys have been lost then so has Satoshi. Otherwise any random idiot can say they’re satoshi. Sucks to suck.

Cocodapuf@lemmy.world on 22 Dec 00:01 collapse

I think it’s likely that the keys for those wallets have been lost.

I think that’s entirely possible. But I think it’s also quite likely that those wallets are intentionally being left alone. I think there are legitimate fears that revealing the identity of Satoshi would destabilize the Bitcoin economy (as well as make that person a serious target). Personally, if I were Satoshi, I would try to keep my identity secret.

Also, if you were to ask me, i’d say that this guy isn’t Satoshi because in all likelihood, Satoshi is Nick Szabo.

firebyte@lemmy.world on 22 Dec 03:28 collapse

I’ve often heard about these legitimate fears, though why would revealing Satoshi’s real identity destabilise the bitcoin economy/make him a target?

Genuinely unsure.

Tangent5280@lemmy.world on 22 Dec 08:47 collapse

Because there is a huge number of bitcoins in the wallets believed to belong to Satoshi.

A lot of the people in the bitcoin markets just assume that those wallets will remain dormant indefinitely, and if there is any activity on them it might unnerve enough of them to cause a collapse.