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While some will disagree, appearances are important. Wright was [probably] trying to claim to be Satoshi to use Satoshi's bitcoins as collateral for something
by bduerst 11y ago
While some will disagree, appearances are important. Wright was [probably] trying to claim to be Satoshi to use Satoshi's bitcoins as collateral for something else.
Bitcoin already has a reputation for being used in scams and illegal dealings. This con man being able to convince some major news organizations and bitcoin celebrities doesn't help improve that image.
- HappyTypist 11y agoThat demonstrates a flaw of non-technological news organisations, not Bitcoin. The two Bitcoin celebrities had been widely discredited from Bitcoin ages ago. Gavin has not committed in a year, started his own fork of Bitcoin with 3% adoption. Jon has disappeared after starting a bankrupt for-profit "foundation".
- DonHopkins 11y agoI haven't been following the parade of Bitcoin celebrities very closely, but what ever happened with the Digital Entertainment Network Executive VP [1] guy, Brock Pierce? [1] https://en.wikipedia.org/wiki/Digital_Entertainment_Network https://en.wikipedia.org/wiki/Digital_Entertainment_Network
- bduerst 11y agoOh I'm sure those are relevant, but in terms of appearances, a con man exploited those and duped many people across the globe using bitcoins.