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If Craig Wright was Satoshi, he would be able to sign a statement proving that with the keys from the genesis block. Otherwise, he's just an obvious fraud.
by aftbit 6y ago
If Craig Wright was Satoshi, he would be able to sign a statement proving that with the keys from the genesis block. Otherwise, he's just an obvious fraud.
- arcticbull 6y agoUnless satoshi lost his keys lol like virtually everyone else of that cohort.
- __blockcipher__ 6y agoYou think a guy smart enough to give birth to Bitcoin, and maintain complete anonymity while doing so and while communicating in public forums etc, would forget his private key? You just need to remember one seed and suddenly you have billions of dollars of value stored in your brain. I don't think that's a realistic possibility.
- arcticbull 6y agoSure why not! It was utterly worthless at the time (and today in my opinion) and we know plenty of people who lost multi tens of thousands of bitcoins. All it takes is spilling some coffee on your laptop.
- ogogmad 6y agoEverything you say is true*, but there's plenty of other evidence that Craig Wright is a fraud, independent of whether he's in possession of Satoshi's private keys: https://craigwright.online/ https://craigwright.online/ * - Except where you point out that it's your opinion
- CyberDildonics 6y ago> Sure why not! For multiple reasons > It was utterly worthless at the time If you read what Satoshi wrote, he didn't think it would be worthless in the future at all. > (and today in my opinion) Your opinion is contradicted by reality > we know plenty of people who lost multi tens of thousands of bitcoins. They weren't the creators
- deleted 6y ago[deleted]
- UncleMeat 6y agoOf course. I know a lot of security phds who fall for phishing emails. The hugely likely outcome of btc was that it would end up worthless. "Oh crap, those keys were stored on that disk" after dropping it on the floor or having a laptop stolen is an entirely reasonable situation.
- f430 6y agoOr perhaps being incarcerated for 25 years shortly after releasing bitcoin
- chill1 6y ago> You think a guy smart enough to give birth to Bitcoin, and maintain complete anonymity while doing so and while communicating in public forums etc, would forget his private key? > You just need to remember one seed and suddenly you have billions of dollars of value stored in your brain. I don't think that's a realistic possibility. BIP39 mnemonics ("seeds") were not around in the early days. Bitcoin core software generated random private keys that were completely unrelated to one another. So it was necessary to backup the wallet file each time that new keys were created. Most users would generate hundreds (or thousands) of keys at a time, to reduce the frequency of backups.
- __blockcipher__ 6y agoI see. Very interesting! I wasn't involved that early so wasn't aware :) Anyway, my general point stands, just s/remember a seed/store an encrypted file Personally I think Satoshi is either dead or never going to move his bitcoin.
- eecks 6y agoSo how could you use these private keys now? Considering they're not seeds. EDIT: downvoted for asking a question
- bayesianbot 6y agoI can still import a wallet from at least 2012 and move the coins using the official client just like it was created yesterday. edit: and obviously you can't remember that but if you encrypt your wallet you can save it to long term storages like Dropbox / differrent servers / medias / etc, what Satoshi would most likely be doing
- CydeWeys 6y agoThey're still supported by most if not all wallets.
- chill1 6y agoAny one of those individual private keys could be imported into another wallet software application (e.g Electrum). Then the funds can be swept to a newer wallet that has a seed backup. Private keys are just numbers. That has not changed since the beginning.
- Bellamy 6y agoSatoshi was a mathematical and programming genius who did not take backups. LOL.
- skywhopper 6y agoOf course this is easily possible.
- betterunix2 6y agoMaybe his house burned down and he had failed to keep offsite backups. Maybe he never made backups in the first place and his hard drive failed. People make all kinds of mistakes, sometimes very costly mistakes.
- SquareWheel 6y agoAnd plus, who knew it would grow so big when things were just getting started? For all we know it was used as a test of the program rather than a real account.
- __blockcipher__ 6y agoSatoshi, Hal Finney, etc were very aware that it at least theoretically could become the world's primary transaction system. Indeed it was that insight that motivated Satoshi to make Bitcoin in the first place.
- adventured 6y ago> People make all kinds of mistakes, sometimes very costly mistakes. For example, pizza-Bitcoin guy. The stories always talk about how he traded 10,000 Bitcoins for two pizzas. That's only a small part of the story, what actually happened is drastically worse. He sold several times that many Bitcoins in other low-value transactions at the same time (some straight up for cash) and did the pizza trade more than once. Pizza guy likely traded a minimum of 50,000 Bitcoins for less than a few hundred dollars of value. That's $1.6 billion presently at 50k.
- Thorentis 6y agoIf CSW was genuinely Satoshi, he would be humble and genuine enough to admit he simply lost the keys. He would also acknowledge that there is no way for him to prove he is Satoshi, but that that is his own fault for losing the keys. Instead, he is engaged in childish lawsuits and actual fraud (his PhD, the backdated keys). Not the moves of somebody like Satoshi.
- sktrdie 6y agoA while ago he (this Craig Wright fraud) actually sat with one of the first people behind bitcoin development Gavin Andresen. Gavin was the main developer in the beginning chatting with satoshi in the forum. There was a video of Gavin saying that Craig proved to him that he was satoshi. But later seemed to have been part of some kind of social engineering - wasn't totally clear how he proved he could sign the keys. Regardless the guys's behavior doesn't at all match Satoshi's behavior from the initial days in the forum (before he disappeared that is). edit: video of Gavin saying Wright is satoshi https://www.youtube.com/watch?v=pNZyRMG2CjA https://www.youtube.com/watch?v=pNZyRMG2CjA
- lawn 6y agoCraig produced a proof on a computer he himself provided. Wouldn't have been hard to alter it to say whatever he wanted to.
- sktrdie 6y agoIndeed. I think Craig is a fraud. I'm just dumbfounded why Gavin --a person I admire from intial days and who is probably person n.2 after satoshi in terms of bitcoin actual initial lines of code written -- was so easily fooled.
- lawn 6y agoYeah it's hard to understand. Gavin's good nature of assuming good intentions from anyone is sure to play a big role. Also worth to remember that anyone can get bamboozled, even if you're highly intelligent and knowledgeable in a certain area. Just look at how many cult followers there are in the world.
- vbezhenar 6y agoIt is easy to understand. Gavin wanted to say what he said. It does not mean that he thinks this is true. He just wanted those words to be out of his mouth. Now how to interpret this fact is another question. May be he wanted to distract public focus from another person. May be he was paid to say so. May be he was bored and did it for lolz.
- skywhopper 6y agoThat wouldn’t really mean anything. If he is Satoshi, he may have lost the keys. If he has the keys, that doesn’t mean he is Satoshi, it only proves that he has the keys.
- __blockcipher__ 6y agoAnyone who has the keys is Satoshi, for all intents and purposes. The problem is no-one has the keys (at least publicly). Satoshi has never revealed themselves. That's because they're either smart enough not to, or they're dead.
- GoblinSlayer 6y agoIf the paper was signed with that key, then the signature must be FIPS compliant to be legally significant, but the paper is not signed.