[Cryptography] Satoshi's PGP key.

Ray Dillinger bear at sonic.net
Thu Dec 10 21:53:21 EST 2015

On 12/09/2015 12:47 PM, Phillip Hallam-Baker wrote:
>,,, he would find it impossible to convince an
> extortionist or kidnapper that he doesn't have the money.
> Given the extensive use of bitcoin by the criminal community, the risk of
> that type of attack is very high.
> That is why I don't speculate about his identity and would urge others to
> do likewise.

Ding, we have a winner.  The way Satoshi survives is if nobody
EVER knows s/he was Satoshi.  If s/he ever gets unmasked, s/he's
going to be kidnapped, or subject to extortion, or in jail in
"protective custody" within hours.  And if s/he doesn't produce
keys I believe s/he probably no longer has, s/he or his/her
family are going to die.

I corresponded with Satoshi a bit, and just on impressions, I
expect that s/he will never spend those coins.  Wasn't in it to
get rich.  I think s/he was in it because s/he was angry at "the
system" for being rigged and corrupt and didn't personally give
a crap about the wealth.

Add to that the hunt for him that kidnappers and extortionists
would instantly mount if any of those coins ever got spent, and
the systems that read the blockchain looking to de-anonymize
transactions, and the other systems that listen to the network
to see exactly where every transaction originates - and the
fact is s/he'd be risking death if s/he ever spent a single one
of those known coins.  S/He could do everything perfectly, via
Tor or whatever, but if the person who got paid the coins s/he
spent wasn't equally careful, Satoshi would probably get killed.


-------------- next part --------------
A non-text attachment was scrubbed...
Name: signature.asc
Type: application/pgp-signature
Size: 819 bytes
Desc: OpenPGP digital signature
URL: <http://www.metzdowd.com/pipermail/cryptography/attachments/20151210/e1c86e9f/attachment.sig>

More information about the cryptography mailing list