3 ms·
In the decent chance situation that satoshi was close to death(now well dead) he may have not cared that much about minor criticisms such as adoptability. He w
by dontupvoteme 3y ago
In the decent chance situation that satoshi was close to death(now well dead) he may have not cared that much about minor criticisms such as adoptability.
He was inventing a cryptosystem first and a pragmatic economic thing second(or third, or more).
He does not strike me as a person who thinks that much about money, more about his upcoming death and what legacy he wants to leave.
- epolanski 3y agoI think you have it the other way around. I'm no crypto fan at all, in fact I despise the lunacy and greed in the sector, but I've read about Satoshi to understand that it was crystal clear from day 1 to him that the cryptography or cryptosystem as you call it was just an implementation detail, in fact he was brilliant at understanding that the critical value of Bitcoin was that it was consensus being the key to the entire dynamic. And consensus has a crystal clear incentive into holding bad actors out, because if bad actors can take over a network they de facto sink the value of the network and coins themselves. So even if a government tomorrow could start controlling the network, consensus will simply reject and fork. Albeit I don't like the crypto industry and such, I can't lie that there are many great economical lessons to learn.
- slily 3y agoWhy would he be dead? Based on the writing style and Japanese pseudonym he sounds like an American millenial.
- dontupvoteme 3y agoHal Finney was my guess for Satoshi (RIP) Others on HN mentioned another person who also died in the 2010s, don't recall the name offhand though.