[Cryptography] Satoshi's Trump Card

Jameson Lopp jameson.lopp at gmail.com
Tue Jul 4 05:27:06 EDT 2017


On Mon, Jul 3, 2017 at 5:13 PM, Phillip Hallam-Baker <phill at hallambaker.com>
wrote:

> On Sun, Jul 2, 2017 at 3:01 PM, Ray Dillinger <bear at sonic.net> wrote:
>
>> What puzzles me about these discussions is that people assume, with no
>> evidence and apparently for no reason, that Satoshi would choose to play
>> his (or her, or their) so-called "Trump Card" in some way that agrees
>> with their own particular agenda.
>>
>
> ​There are many problems:
>
> 1) Does Satoshi have the coins?
>
> It is assumed that he has the wallets with the coins in. But I suggest
> that being a hairshirted ideologue, he thought he should not profit
> personally and mined the genesis blocks into the bit bucket.
>
> I am pretty certain this happened because otherwise Satoshi would have
> moved the genesis block around precisely to avoid the risk of extortion etc.
>
>
"You should never delete a wallet." - Satoshi Nakamoto
https://bitcointalk.org/index.php?topic=1327.msg15136#msg15136


> 2) Is Satoshi alive?
>
> We have not had any evidence of Satoshi being involved in Bitcoin in any
> way for years now. The most likely reason is medical.
>
> It seems almost certain that Satoshi was a pseudonym being used by one of
> the well known BitCoin developers in the early days when the BlockChain was
> still covered by the patents. Maintaining his anonymity would have become
> necessary as the value of the genesis block soared and kidnapping became a
> real risk.
>
> Given the circumstances, I think it most likely Hal Finney was Satoshi and
> he mined the genesis block into the bit bucket. Then when he needed the
> money, he didn't have it.
>
> A tragedy.
>
>
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