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Craig Wright exposed as Satoshi fraud and imposter by Redditors

36 points by ForFreedom 10y ago

toomanythings2 10y ago
Reddit did no such thing, or did no such thing first, as outlined anywhere else. http://www.economist.com/news/briefings/21698061-craig-steven-wright-claims-be-satoshi-nakamoto-bitcoin http://www.economist.com/news/briefings/21698061-craig-steve...
- DanielBMarkham 10y ago
  "Reddit Craig Wright exposure exposed as fraud by HN'ers" Seriously, guys. Just give it a day or two. It'll all come out in the wash. I'm looking at my HN and Twitter feed and I've got 42 pounds of speculation for every one ounce of actual news. (This doesn't apply to you but to the community at large. Your comment pointed out to me that not only is the gossip machine in full force on this story, I'm starting to see echoes of echoes of actual stories.)
jbmorgado 10y ago
Sincerely, it looks like just another normal day in Bitcoin. I would actually like to know what percentage of the BTC created everyday are actually being used for legal and technological sound purposes? We already know that payment processors that offer BTC say that no-one uses BTC: (Taavet Hinrikus, CEO of international-payments app TransferWise, “Bitcoin, I think we can say, is dead. There is no traction, no one is using bitcoin. The bitcoin experiment, I think we can say, is over.” http://finance.yahoo.com/news/bitcoin-is-dead-says-prominent-fintech-executive-taavet-hinrikus-transferwise-bitcoin-experiment-failed-191800988.html http://finance.yahoo.com/news/bitcoin-is-dead-says-prominent...) And we also know that more than a half of the bitcoins used in the real world are used in the Dark Web: http://www.coindesk.com/dark-web-markets-processed-more-bitcoin-than-bitpay-in-2014/ http://www.coindesk.com/dark-web-markets-processed-more-bitc... My guess is that the remaining are mostly just bought by traders playing around in the Bitcoin exchanges and eventually loosing most of their money due to exchange lack of oversight and ease of price manipulation. But I would like some good data on this to be able to form a sound opinion.
- wslh 10y ago
  Even assuming that use of BTC the price can go up if the dark web growths. Other important factor is the use of BTC by kids (virtual goods) or offering their software development services with financial freedom and below 18.
- codeulike 10y ago
  But I would like some good data on this to be able to form a sound opinion. Transferwise is not a payment processor that offers bitcoin. They only deal with normal currencies. Transferwise offer a service (currency exchange) that is threatened (in theory) by bitcoin so I wouldn't necessarily listen to what they say about it.
- deleted 10y ago
  [deleted]

36 points by ForFreedom 10y ago

Reddit did no such thing, or did no such thing first, as outlined anywhere else. http://www.economist.com/news/briefings/21698061-craig-steven-wright-claims-be-satoshi-nakamoto-bitcoin http://www.economist.com/news/briefings/21698061-craig-steve...

DanielBMarkham 10y ago
"Reddit Craig Wright exposure exposed as fraud by HN'ers" Seriously, guys. Just give it a day or two. It'll all come out in the wash. I'm looking at my HN and Twitter feed and I've got 42 pounds of speculation for every one ounce of actual news. (This doesn't apply to you but to the community at large. Your comment pointed out to me that not only is the gossip machine in full force on this story, I'm starting to see echoes of echoes of actual stories.)

jbmorgado 10y ago

Sincerely, it looks like just another normal day in Bitcoin. I would actually like to know what percentage of the BTC created everyday are actually being used for legal and technological sound purposes? We already know that payment processors that offer BTC say that no-one uses BTC: (Taavet Hinrikus, CEO of international-payments app TransferWise, “Bitcoin, I think we can say, is dead. There is no traction, no one is using bitcoin. The bitcoin experiment, I think we can say, is over.” http://finance.yahoo.com/news/bitcoin-is-dead-says-prominent-fintech-executive-taavet-hinrikus-transferwise-bitcoin-experiment-failed-191800988.html http://finance.yahoo.com/news/bitcoin-is-dead-says-prominent...) And we also know that more than a half of the bitcoins used in the real world are used in the Dark Web: http://www.coindesk.com/dark-web-markets-processed-more-bitcoin-than-bitpay-in-2014/ http://www.coindesk.com/dark-web-markets-processed-more-bitc... My guess is that the remaining are mostly just bought by traders playing around in the Bitcoin exchanges and eventually loosing most of their money due to exchange lack of oversight and ease of price manipulation. But I would like some good data on this to be able to form a sound opinion.

wslh 10y ago
Even assuming that use of BTC the price can go up if the dark web growths. Other important factor is the use of BTC by kids (virtual goods) or offering their software development services with financial freedom and below 18.
codeulike 10y ago
But I would like some good data on this to be able to form a sound opinion. Transferwise is not a payment processor that offers bitcoin. They only deal with normal currencies. Transferwise offer a service (currency exchange) that is threatened (in theory) by bitcoin so I wouldn't necessarily listen to what they say about it.
deleted 10y ago
[deleted]