Creator of Bitcoin.
Eternal student and researcher. nChain Consultant. Lawyer, economist, pastor, investor, mathematician, Husband. My opinions are my own
I conceived Bitcoin, and I unveiled it to the world. However, in BTC, they've torn it asunder. I've chosen to forsake BTC because I won't allow it to exist in a grotesque form, both in its physical embodiment and its underlying connotations.
The bitcoin protocol was set in stone to create a system that is stable. Bitcoin is not a Cryptocurrency. By definition, Cryptocurrencies are anonymous and untraceable. Bitcoin is pseudonymous and traceable, it is digital cash.
Don't believe everything you see at first sight.
โI want to thank those of you who sent me messages of support yesterday. I await the written judgement at which point I will consider my options for appeal.โ
^Posted by LB on behalf of CSW
There are always arguments over scaling blockchain networks. Most of them end in 'ad hominem' attacks, and very few address the prime issues that need to be discussed and understood. None of it is new, eitherโฆ
The Wizard of Blockchain
My favourite painter. My undergrad art history thesis was on his work.
That said... I suggest that you subscribe to
@Culture_Crit
You will understand the battle against a society worth living in.
In 2023 I will give an offer to save BTC Core and allow for Core to trade honestly. To exist.
I expect that they will reject it. If they do. BTC ends.
Let's see what they choose.
Welcome to the end of social media as you knew it. I am Satoshi. I am the creator of bitcoin. And, in this current battle with both Zuckerberg and Dorsey, Iโm going to rock social media to its foundations and bring it crashing around them.
Today I have sent to my opponents in the COPA litigation, the passing-off claims and database-rights claims, a non-negotiable offer to settle each of these cases, which is reproduced in its entirety at this link.
Sorry to disappoint my anti-fans. I havenโt gone anywhere, Iโm still here consulting with Bitcoin companies including nChain. I decided it was not necessary to hold an official role with nChain as there are excellent operators there who are able to take it and I can work withโฆ
To the builders...
To the developers...
To those with a vision of a better future...
@BitcoinAssn
@nChainGlobal
and all of us are going to ensure that you have the platform to transform the world. For the next four years...
You can listen now and be ahead of the curve.
Or you can listen after Jan, 2024.
Either way, the long term is the same for me.
Your choices are not my problem.
The traceability of Bitcoin is a major feature often overlooked by those reviewing blockchain technology. The argument presented by cyberpunks, that Bitcoin and other systems need to be anonymous, ignores the real-world requirements for monetary control and the primary purpose ofโฆ
The last of the patents related to scaling have been filed (yesterday). The research shows we can scale to over 10^11 TPS. The costs will be under $0.00001 USD a standard TX.
That is 100x lower than any transaction processing system ever created.
Sorry. Blockchain scales.
Micropayments, particularly those enabled by Bitcoin, possess transformative potential for the global financial landscape, especially in terms of inclusivity and accessibility. By facilitating small-scale transactions efficiently and cost-effectively, micropayments can overcomeโฆ
There is one consensus method in Bitcoin. There is one way to signal as a node.
Nodes create and distribute blocks.
You can see the BTC nodes here.
Three (3) nodes enforce the network in BTC. User systems never create blocks, so they do not vote.
I have a background in disruptive creation. I have produced around 3400 different patented inventions, and my life goal is to reach 10,000. So, I will say that my DBA classes on innovation have been instrumental. While many people would believe this to be sufficient, I believeโฆ
In 2005, MGM Studios, Inc. v. Grokster, Ltd., 545 US 913 (2005) saw the US Supreme Court decision finding developers are fiduciaries liable for peer-to-peer software.
To all our lovely friends at Microstrategy.
@saylor
You really picked the wrong "investment" and person to sue.
Don't worry. You will get a one time offer to save yourself. I doubt you will take it.
I hope you don't.
Bitcoin is a form of digital cash. It scales to billions of TPS. The system was not designed to attack central banks and nor was it designed to oppose governments. No Blockchain ever will. If you believe that, have been deluded.
Bitcoin is designed to deliver micro-payments.
Imagine where we would be today if everything was on Bitcoin...
Not fragmented into 10s of 1000s of systems that together do less than my original protocol.
@adam3us
@lopp
You wish to discredit me. Answer a simple question and show how much more you know about bitcoin. Explain to everybody how the home node that does not mine blocks help secure the BTC network.
Contrary to the claims made by BTC Core memebers, I have never stopped people from accessing or reading the Bitcoin White Paper. It has been publicly available to read since I first distributed it in 2008.
A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without the burdens of going through a financial institution.
Yet, this is not how BTC operates.
Bitcoin is developed under an open-source model and released under the MIT License (Wright, 2008; MIT, n.d.). As an open-source project, the Bitcoin source code is publicly accessible, allowing users to examine, modify, and distribute it within the terms of the MIT License. Yet,โฆ
If BTC, BCH, ABC and others simply agreed to follow law and not think that they can create it themselves through a "code is law process" owned by Silicon Valley developers I would not have any cases.
If these groups agreed to be bound in this way, that is to be decentralised byโฆ
Once men turned their thinking over to machines in the hope that this would set them free. But that only permitted other men with machines to enslave them.
It does not matter if you like me. The goal of what I am doing is simple, global micropayments.
One day, people will understand, not because it is inevitable, but because I will not give up on that goal and vision. We shall start to scale in 2023. Millions of TPS first...
In an IEEE conference later this year, I will explain how we will take bitcon to 1 billion tps peak, using 2022 tech. To 100 billion tps before 2030 and have SPV lookups and proofs served for this.
Understanding the distinction between open source and the public domain is essential when discussing Bitcoin and its associated intellectual property rights. Bitcoin's open-source nature, as permitted by the MIT License, fosters collaboration, innovation, and transparency.
Bitcoin was designed so when the "recipient is online, you can enter their IP address and it will connect, get a new public key and send the transaction with comments."
There is a reason why all of my opponents attempt to delay court cases. It is very simple, in court logical arguments and fact win. This is why I won in Florida, why there was no finding of fraud. Why in fact, I was considered the sole creator. Fact.
Developers cannot change the bitcoin protocol. However, my whitepaper notes that โAny needed rules and incentives can be enforced with this consensus mechanism.โ
This started when I wasn't trying to do anything and I wasn't answering questions as to whether I was Satoshi or not publicly.
Rather, I was forced and compelled under court order to answer the question.
I could have simply said no. If I did so I would have lied but the courtโฆ
My purpose was never about cryptocurrency. It isnโt trading.
My purpose is simple. I want to see Micropayments.
I want a world where a person earning a few dollars a day can afford to send money back to their family on demand. Where they can watch their children, see what theyโฆ
To all my Lazer-eyed friends...
When a group of developers delegates their role and decision-making authority to a single entity, it is, by definition, centralisation, not decentralisation. Centralisation refers to the consolidation of control and decision-making authority intoโฆ
Wright International Investments Ltd owns the Bitcoin protocol and database.
The Core developers have been agents from the time I handed the keys to Gavin, with a direction to "steward" the protocol and to ensure that it was fixed, set in stone.
FTX made a USD 2.1 billion dollars deposit into Binance.
This money is recoverable and is not the property of
@binance
. Binance is going to have to find a way to return all of these funds in full.
The attached image is a deception and fraud. Blockstream did not invent mining. We shall be taking action and pushing for criminal sanctions this year against these con men.
Just a note.
If you are told "hyperbitcoinisation" and you are not told of a path to 1 billion tps...
You are being lied to, deceived.
That is the minimum scale required.
The original Bitcoin I conceptualized was designed with certain principles and mechanisms, among which was the natural, self-correcting nature of forks in the blockchain.
The new interpretation and application of "forks" by BTC Core, however, transforms this concept into a toolโฆ
The Genesis block is not in a wallet and isn't and wasn't spendable. Nothing ever moved. Nothing can move because it is not a valid mined coin but an anchor.
On this day in 2009, the first 50 BTC ever created were minted in the
#bitcoin
genesis block and sent to a wallet that has never moved them.
Thank you, Satoshi! ๐
I have a lawsuit to win.
So, with my focus, I have been limited. Yesterday, I did a viva for a doctorate. Today, I completed another masters.
Have a good day.
The social media trolls will attack me. The reason for this is that they cannot attack my arguments. We still have a series of institutions that are purely based upon logical arguments and fact (truth). These are common law courts.
This is an important question.
Because, when money becomes backed by a CBDC built on top of bitcoin... It becomes instant.
People can use the best system.
Currency competes.
That is called decentralisation.
In my white paper, I defined bitcoin as an electronic cash system. Of note, the issue to be solved and the reason that coin exists is not to create digital gold.
i know for a fact that satoshi is dead
if he was still around he wouldnโt have stayed silent, watching in the dark as the laser-eyes are trying to discredit what he built
absolutely no way
I don't care if "the people" don't believe I am Satoshi. I have 2800 further inventions.
I do care the the regulators and justice system understand that no Blockchain is a Cryptocurrency and that these are always able to be seized, frozen & controlled under law.
And...
10 billion tps on a distributed system by 2030.
$0.00001 max fee.
We build a system that is inclusive, 5 billion people... from the bottom, not the top.
Simple goals, and as a global cash system... not a get rich ponzi.
Welcome to bitcoin.
As the creator of Bitcoin, it's both fascinating and frustrating to see how far the so called
#cryptocurrency
industry has diverged from the original vision of
#Bitcoin
โฏโฏโฏ. I envisioned a world of frictionless micropayments and immutable timestamped logging.
#Bitcoin
In Febuary, once this starts trading, everything changes:
- You won't need to worry about keys
- You won't need to worry about hackers
- You won't need a hardware wallet
- You won't need to save backup phrases to safe deposit boxes
- You won't have to run your own Node 2/N
Solving the "double-spending problem using a peer-to-peer distributed timestamp server to generate computational proof of the chronological order of transactions" is intricately linked to the concept of honest accounting.
Dead people have families. The argument that there is someone else out there who could have created bitcoin that is used to attack me is completely asinine.
If I wasn't Satoshi, Satoshi would discredit me.
To those who say I am not Satoshi.
Why does Satoshi not discredit me? It would be easy to do anonymously right...
And, Hal is not. He is easy to discredit. Because of you guys, his memory will be dragged through mud in court. All those you claim are Satoshi but dead will be.
There are two and only two meaningful metrics in the digital cash or digital asset systems that are being promoted.
1. Volume (TPS)
2. Transaction fees
COPA wants control. Not rule of law... rule.
Think about it. I want courts, societies, justice... I am willing to leave others to decide.
COPA want rule by the code they control... Not court... code... that they set.
Explain the difference between these concepts.
The most valuable lesson I have learnt has come through adversity.
I have learnt that others will oppose me and that I should not be angry they do.
They have a right to expression. Even when they exceed these rights, they teach us to handle those who disagree.
Cryptographic proof of ownership, under a framework that aligns with legal definitions of ownership, involves more than the mere possession of a digital asset or control of a private key. Instead, it necessitates the establishment of a secure, verifiable link between a digitalโฆ
The scalability of bitcoin & for that matter, any system will require the ability to send large volumes of data securely and quickly. While my opponent's state that it's impossible- in the New Year we will start demonstrating how to efficiently send blocks created on a Blockchain
Action will now begin. Some, criminal. The constant deception and misrepresentation by BTC Core will end.
WIIL is about to exert its rights.
This will extend to criminal action against certain individuals.
It surprises me how many people can believe that bitcoin is a digital gold system designed to be held and gambled on. The White Paper is fairly explicit. It is a peer-to-peer electronic cash system. Through this, one user hands a transaction directly to another.
Developers who act to stop court-decided outcomes in financial systems are often seen as moving away from principles of decentralization and move towards a fiduciary role. Decentralization, especially in blockchain and financial technologies, implies a distributed power structureโฆ
Digital cash systems have been falsely misrepresented as being a cyberpunk/anarchist creation that is outside of the reach of government and was designed as an alternative that could not be controlled.