Who Is Satoshi Nakamoto?

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Right. And most Chinese who can invest do invest in real estate because their equity markets are too volatile, and the banks offer extremely poor interest rates. I know a lot of wealthy Chinese have either been moving money offshore, or putting it into the shadow banking system. I imagine that is part of the attractiveness of Bitcoin, and why the People's Bank of China ordered Chinese banks not to trade in Bitcoins.

I made a typo " There currency is freely NOT exchangeable" I forgot the not.
Another Chinese thing that is hidden is the sex ratio imbalance.
This guy talks about the economic effects of this although it is not specific to China.
http://evoandproud.blogspot.com/2012/09 ... lture.html

Well, SHA-256, Assymetric Cryptography and Digital Signatures anybody? Anyone who posted in this thread: Did you ever have Cryptography as a special interest?

Does anybody here in the thread know the difference between broken cryptographic checksums(MD5) and cryptographic checksums which have not yet been broken(SHA-2)?

Does anybody in the thread know what Cryptography is? Do you use it yourself?

Somebody sent Alex 100 Satoshis! https://blockchain.info/address/158g8vS ... rrency=BTC


I assume the above is all Greek to you? Bitcoin is heavily dependent on Digital Signatures. Just taste the above!

I thought that 100 Satoshi was too little so I sent you another 120482 Satoshis. 120482 were worth 1$ at the time. Too bad I had to pay 8 cents as a transaction fee.
In practice there are transaction fees in Bitcoin. Although the very popular video https://www.youtube.com/watch?v=Um63OQz3bjo "What is Bitcoin?" with 4,821,800 views on youtube is very outdated. It says "There are no chargebacks or fees". At this point this is a practical inaccuracy. Aren't 8 cents too much of a fee for a transaction?

Personally I buy games with Bitcoin on Humble Bundle(though not much anymore since my full time employment has started draining all my time + my internet works on 3G/2G so I need a better internet to download the games at acceptable speeds). If you didn't know about Humble Bundle there are indie games there. Games I've gotten from there include Aquaria, Bastion, Eufloria, Cave Story+, Awesomenauts, "And Yet It Moves", Little Inferno and more. These are indie titles so it's probable you've never heard of them, that doesn't mean they ain't good

I do really regret not getting into "market making" for bitcoin. It was not to make money, I figured I would probably loose money for quite a while and it would be more of a hobby. My main real problem is not enough time to do all the things I was interested in doing.

http://mag.newsweek.com/2014/03/14/bitc ... amoto.html

Here's one without a paywall: http://www.newyorker.com/online/blogs/e ... ptics.html

Anyway. Yes you could run to anyone whom you suspect is Satoshi Nakamoto. It has been done countless times and it has proven nothing to nobody except they got some page views.

Also you "journalists" think it's ok harassing random people to make a "news story". No respect.

Not to mention, shouldn't the person be at least a little good in Cryptography or cryptography tools? No journalists are sometimes stupid, I know. Like not doing their research before calling their work journalism and calling their post on the web an "article".

http://gizmodo.com/nick-szabo-is-probab ... 1704755126
https://en.wikipedia.org/wiki/Nick_Szabo

http://observer.com/2014/09/a-hacker-is ... 5-bitcoin/
http://www.coindesk.com/hacker-hijacks- ... oto-email/
http://www.forbes.com/sites/kashmirhill ... mail-hack/

Last edited by Humanoid2436 on 10 Aug 2015, 9:14 am, edited 2 times in total.

there are still many opportunities in this field. You can work for some new bitcoin related companies, you can set up on your own some exchange or get involved in developing some coin or you can simple buy 1 BTC and wait whether it goes up or not. Or you can buy several cheap coins like XMR or DASH or XCP and wait.
But dont invest much money its very dangerous. Cryptocoins can go up or down 50% within hours /while you sleep/ for no reason and in case you dont have them in a wallet but on exchange you can easily loose them forever.

Though Bitcoin has been using for several years, niot everyone knows about Satoshi Nakamoto. personally I prefer learning about things I deal with as much as possible, especially if I invest money in it. In case someone wants to improve knowledge, I can recommend It includes much useful info. Hopefully, it will be useful for someone.

Last edited by B19 on 14 Nov 2019, 3:10 am, edited 1 time in total.: spammer

he doesn't exist

whenever bitcoin goes up, people start burning random stuff for power. ... as long as there's no better use for it than as a gambling asset (and that's what it is. not a commodity, not a currency. a gambling asset. for now), the power consumption in times of global heating is just insane.