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Topic: Satoshi's lesson (Read 22857 times)

newbie
Activity: 21
Merit: 0
September 20, 2023, 12:01:34 PM
#61
I have cross-read this thread here on recommendation. Very interesting assumptions and obviously gratitude, if I may put it that way, that the person of Satoshi Nakamoto has made the world crazy with a small indiscriminate piece of code.

I am a new old member, here in this forum. I am interested in the questions that members would ask Satoshi Nakamoto if the person Satoshi Nakamoto were to answer them. I realise that it is a hypothetical challenge. There will probably never be an answer. For a long time now, I have taken a closer look at the paper that was written between 2006 and 2008.  And I found the following essay in German:

seen here: BA-PP Bonn, Bonner Perspektiven, Ausgabe 2019 "Zukunft", The cooperation advantage, Marc Elsberg, Page 5

Quote
THE HAPPINESS OF OTHERS

Now, one could say: for married couples this is a possibility, but otherwise, for example for business people, or even whole societies, not. Sharing with others is nice, solidary, altruistic, charitable - we have different words for it. But we have learned: in order to give something to someone, you have to take it away from someone else. Generally, we then talk about "redistribution".

Life - a zero-sum game.

Economists speak of equilibrium, balance. So why should one do this? Out of pure "humanity"? Or, even more irritating: Why do people do it again and again, although it brings nothing (except perhaps a good conscience)? Why do people act so "irrationally" (at least if one takes the neoclassical economic models as a basis)?
Out of mysterious principles, as already one of the fathers of economics, Adam Smith, stated?

"However selfish man may be, there are evidently some principles in his nature which interest him in the happiness of others, and render their happiness necessary to him, though he derives nothing from it except the pleasure of seeing it."
Adam Smith, Theory of Ethical Sentiments (1759)

Perhaps people intuitively know something that economics has just not been able (or willing) to cast into a mathematical model or formula and therefore repeatedly arrives at seriously wrong interpretations and assessments of reality. Perhaps "the happiness of others" is necessary for people for a reason other than "ethical feelings"? Because they get more out of it than just "the pleasure of seeing it"?

I am sure that Satoshi Nakamoto would have had something to say about these ideas.

The start of my thread for the answers can be found here:

Questions for Satoshi Nakamoto
legendary
Activity: 2352
Merit: 6089
bitcoindata.science
September 06, 2023, 07:55:56 AM
#60
I have translated this to my local board, in portugese.

https://bitcointalksearch.org/topic/m.62803321

I hope this inspires more people in portuguese speakers countries.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
July 02, 2020, 09:48:13 AM
#59
Wow Theymos. Usually I don't read long posts but since it was from you I started reading it and once I started reading it I don't know how but I continued it till the end and to be honest it felt really great reading the post. Satoshi's vision and his efforts of making it into a reality truly inspires many people.

Yes it is our responsibility to make the bitcoin ecosystem better but things are not really going that way.
Most of the people take bitcoin as an asset and trade it for speculative purpose. While it is one of the way bitcoin can be used, they don't acknowledge the real purpose of bitcoin.

Even if there's a store to buy a particular thing with bitcoin, people still prefer to exchange bitcoin for fiat and buy the same thing with fiat money. This is the change that we have to bring by encouraging people to use bitcoin directly as a payment rather than to exchange it for fiat and then make the payment.
jr. member
Activity: 210
Merit: 2
July 02, 2020, 08:40:16 AM
#58
This is so inspiring, Sir Theymos. And I thank you for posting this epistle here. I admit there were lot of times that all my efforts working here in cryptoworld seemed thrown away and I got failed often-thinking that giving up is the best move to do. But then, I realized that Just like Satoshi, I need to be more dedicated and work much harder to get what I am aiming for here. Its not that easy from the start, to obtain perfection at work and earn more profits, but I believe that with constant research and eagerness to learn the different aspects of Bitcoin and Cryptocurrency, we'll be able to meet the people's expectation. I am just a very simple person here, which only wishes just a Candy, but if Bitcoin will give me a Cake for life...I would be more glad and much willing to take it. And much more excited then, aiming for the stars 💜😊
jr. member
Activity: 42
Merit: 4
July 02, 2020, 12:10:16 AM
#57
The foundations of Bitcoin were set in stone 10 years ago today with the creation of the genesis block, and Bitcoin version 0.1 was officially released a week later. Version 0.1 was amazingly complete, and even more impressively, it had very few bugs. It also had great forward-compatibility, with explicit support for future softforks in the form of the OP_NOPn opcodes. Before anyone knew how a decentralized cryptocurrency would even work, Satoshi was figuring out how to add to Bitcoin things like smart contracts and payment channels. This is incredible, and a lot of people look at Satoshi's amazing accomplishments with Bitcoin and say stuff like, "Satoshi must be a crypto super-genius, the next Einstein." This, I think, is very much missing the point.

When Satoshi was working on Bitcoin in 2007-2009, almost all of the core ideas of Bitcoin were well-known in the cryptography community. In 1996, a summary of previous academic work on electronic cash was published, talking at length about most of the low-level cryptographic primitives used in Bitcoin and using familiar terms like "double spending". Hashcash proof-of-work was well-known, and I remember reading about it prior to Bitcoin as an idea to prevent email spam. git uses the same unbreakable chain of hashes as Bitcoin's block chain, and was first released in 2005. Satoshi made one major leap: combining all these pieces to prevent double spending through a PoW block chain. This was impressive, but the same flash of brilliance could've happened to anyone who was following this stuff.

Satoshi is not awesome because he was watching the crypto world and had a brilliant idea. He's awesome because upon having this idea, he carried it out. You know what I would've done if this idea had come to me? I probably would've mentioned it to a few people, maybe written some very basic code if I was feeling especially ambitious. You know what Satoshi did? He spent 2+ years contemplating every possible aspect of the system he could think of, and wrote code that worked brilliantly in the real world. Satoshi's code was good, but anyone who had read a good C++ book could've written similarly-good code. Anyone who had taken an intro crypto course or read a few books on the subject would understand Satoshi's usage of crypto primitives. The task of creating Bitcoin required a small flash of brilliance, moderate skill, and an unbelievably huge amount of dedication to thinking about, coding, and testing the system until it worked exactly as envisioned.

Satoshi's lesson is that you don't need to be the next Einstein in order to change the world. Nor do you need to have much money, or influence with the world's "movers & shakers". You just need to put in the effort. Satoshi, probably just an ordinary hobbyist like anyone here, saw that something was lacking in the Universe, and he fought tooth-and-nail for 2+ years until this imperfection was corrected. This is what makes Satoshi and his work my greatest inspiration.

Bitcoin has come a long way in 10 years, but it still has much more room to grow, with both major challenges and major opportunities ahead. How Bitcoin moves forward - how Satoshi's work continues - is for as many people as possible to take personal responsbility for improving the Bitcoin ecosystem, creating interesting things, and changing the world for the better. Since we've long passed the moon, I hope you'll join me in aiming for the stars.
Going to appreciate you theymos, I have read many of the articles about Bitcoin and also got a lot information and here you added more things which are really good and new for me. And I think this post is shareable and I will share it with my friends too.
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
July 01, 2020, 01:58:25 PM
#56
Of course, no question! Evidences lead to Satoshi only exist in relation to Bitcoin.
But honestly, such a person will not disappear into a lonely cave somewhere, smoke a cigar and think: Hopefully nobody will find me!

Yey, it is possible for me, that he might be have supported other projects under another pseudonym, or maybe even still does...
It's just a hypothetical question that I have asked myself here. I am of course fully aware of that Satoshi would be pretty stupid if he could be connected to other projects without a doubt.
I hope from heart that will never happen, that he will be exposed, but he not want it by himself.

What I want to say with this: It is completely human to think about such a myth and the person behind it...
It has little to do with evidence, that is rather irrelevant for me here...

I suppose that I am not disagreeing with anything that you are saying, and probably there has built some unnecessary sensitivity in the subject from seeing how "satoshi's" name has been employed in the years following his disappearance from bitcoin.

Surely Satoshi remains a great backstory for bitcoin, and surely there are not too many prominent examples of a person (or entity) to have been able to contribute so much foundation to such seemingly paradigm shifting project in its early days and to maintain so much mystery regarding what happened to him and to the extent he still might be working in our midst under another pseudonym or even under his real identity.. whether in bitcoin or some other project.. and sure there are actual possibilities that he might have been at or near the end of his life, too.... but still an ongoingly great story.. that is likely not going to stop in terms of either the ongoing speculation or even some ways that the name or the concept is going to continue to be used in marketing or media.
legendary
Activity: 1022
Merit: 1043
αLPʜα αɴd ΩMeGa
July 01, 2020, 01:43:45 PM
#55
Of course, no question! Evidences lead to Satoshi only exist in relation to Bitcoin.
But honestly, such a person will not disappear into a lonely cave somewhere, smoke a cigar and think: Hopefully nobody will find me!

Yey, it is possible for me, that he might be have supported other projects under another pseudonym, or maybe even still does...
It's just a hypothetical question that I have asked myself here. I am of course fully aware of that Satoshi would be pretty stupid if he could be connected to other projects without a doubt.
I hope from heart that will never happen, that he will be exposed, but he not want it by himself.

What I want to say with this: It is completely human to think about such a myth and the person behind it...
It has little to do with evidence, that is rather irrelevant for me here...
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
July 01, 2020, 12:48:45 PM
#54
~
Sorry, for bump up your thread again. I hope that's okay.

I like what you're saying. Of course, Satoshi is no god, i agree!
But he is the one and the first one who had made usable a lot of considerations around of cryptographic money for the layman.

As you say yourself, it is of course no witchcraft, what Satoshi has accomplished.
But he was the first to make this idea really useful!
It is the result of the dedication passion and time he has put into this topic.
For me, he ist a genius guy already for this.

I think Satoshi was more of an academic than a professional developer.
Definitely someone who had a lot of knowledge about cryptography because of the choice of the elliptic curve, and he was able to create things like Base 58 and the like.
Clearly, this is a person who had an education in computer science.
The academic-looking C++ code was a good sign of someone who was trained to know how to programming, but was not a professional.
A professional would have done a more structured job, i think!

With healthy ambition and a certain amount of technical understanding, anyone can do these kind of projects!
Especially in times of the Internet and many good books, where the way to self-learning of topics that really interests you, is made extremely easy for virtually EVERYONE!
You just need to kick in your own ass! Cheesy
This is also demonstrated by the one or other innovative blockchain project outside of BTCitcoin... not many, but a few!

Whether he was involved in any of these projects...? This was also the subject of an interesting newspaper article I read in the back days. Unfortunately, I can't find him anymore...


For all intents and purposes, it seems that there would be no reason to attribute any side-projects to satoshi (especially those after bitcoin), unless he specifically proclaimed that he was contributing to such project - which has not happened to my knowledge.  

I do not recall coming across any article or write up proclaiming evidence of any post bitcoin satoshi work (not that I would proclaim myself as any kind of scholar in such), which you may gather from my comment already, that I would be quite skeptical about such.. since we have seen how "satoshi" has been used to pump various other projects and even take sides in bitcoin debates... which probably in the end, cannot really stop those kinds of ideological battles from stopping or people from doing what they are going to do, whether it seems to be contributing to actual bitcoin or some other side sometimes scam project.
legendary
Activity: 1022
Merit: 1043
αLPʜα αɴd ΩMeGa
July 01, 2020, 05:06:09 AM
#53
~
Sorry, for bump up your thread again. I hope that's okay.

I like what you're saying. Of course, Satoshi is no god, i agree!
But he is the one and the first one who had made usable a lot of considerations around of cryptographic money for the layman.

As you say yourself, it is of course no witchcraft, what Satoshi has accomplished.
But he was the first to make this idea really useful!
It is the result of the dedication passion and time he has put into this topic.
For me, he ist a genius guy already for this.

I think Satoshi was more of an academic than a professional developer.
Definitely someone who had a lot of knowledge about cryptography because of the choice of the elliptic curve, and he was able to create things like Base 58 and the like.
Clearly, this is a person who had an education in computer science.
The academic-looking C++ code was a good sign of someone who was trained to know how to programming, but was not a professional.
A professional would have done a more structured job, i think!

With healthy ambition and a certain amount of technical understanding, anyone can do these kind of projects!
Especially in times of the Internet and many good books, where the way to self-learning of topics that really interests you, is made extremely easy for virtually EVERYONE!
You just need to kick in your own ass! Cheesy
This is also demonstrated by the one or other innovative blockchain project outside of BTCitcoin... not many, but a few!

Whether he was involved in any of these projects...? This was also the subject of an interesting newspaper article I read in the back days. Unfortunately, I can't find him anymore...
sr. member
Activity: 2030
Merit: 323
November 02, 2019, 03:15:33 PM
#52
at my opinion, the main virtue of Mr. Satoshi is not to create something amazing, but to have the willpower to abandon his creation and disappear leaving behind a new industry and billions of unspent dollars in the account
That world abandon is quite a very strong one, because satoshi completed his work before leaving, he never left any job uncompleted, it is only when he leaves the job uncompleted that we would have said he abandon it, and for the fact that he did not show his face, really would not mean that he has abandon the project.

He only disappeared because he knows that what he created would shake the government a little and the first thing they might be doing is to actually start looking for him, to either modify the technology to their own favor, or forces him to do something to reverse the cryptocurrency usage. I have learnt too much lessons from him, which we need to take the thinks of people more important than our selfish interest.
jr. member
Activity: 108
Merit: 1
the revolution must be tokenized
October 30, 2019, 03:01:19 PM
#51
at my opinion, the main virtue of Mr. Satoshi is not to create something amazing, but to have the willpower to abandon his creation and disappear leaving behind a new industry and billions of unspent dollars in the account
jr. member
Activity: 56
Merit: 5
July 15, 2019, 11:05:50 AM
#50
When the idea of Bitcoins would have first came to Satoshi Nakamato then people would have for sure given it a very weird look ..
Some currency dependent upon nothing but the investors would have surely raised eyes.
But no matter who said what he still insisted on making it and believed in it , this actually can inspire us to do things that we are afraid to do .
He brought such a revolutionary change into this world that millions are engaging in Bitcoins and at the same time 1000's of cryptocurrencies are being added...

That's right, Satoshi brought something completely new and incredible to our world. I am eternally grateful to him for that

complete bullshit you know why?Huh its not new tech and was already exist and its team not one person ,

Not to mention the paper that closely resembles an outline of Bitcoin having been written up in 1996 by the NSA. https://archive.org/details/CryptographyOfAnonymousElectronicCash

IN ICO phase one of the recommendations was to make sure the team was well known before buying, as an anonymous team would indicate suspicion. Yet somehow Satoshi team escaped this suspicion even though nobody knows who they are.

you so fucking uneducated its unbelievable
hero member
Activity: 1890
Merit: 831
July 14, 2019, 12:37:45 PM
#49
When the idea of Bitcoins would have first came to Satoshi Nakamato then people would have for sure given it a very weird look ..
Some currency dependent upon nothing but the investors would have surely raised eyes.
But no matter who said what he still insisted on making it and believed in it , this actually can inspire us to do things that we are afraid to do .
He brought such a revolutionary change into this world that millions are engaging in Bitcoins and at the same time 1000's of cryptocurrencies are being added...
jr. member
Activity: 56
Merit: 5
July 14, 2019, 10:41:25 AM
#48

It may have been that Satoshi was sufficiently economically astute to see the shit en route to the fan before it actually hit.  Or it may have been that Satoshi thought the banking system had some flaws in general and referenced that article in a "see, this is the kind of thing I'm talking about" kind of way.  I'd like to believe it was the former, but sadly, we may never find out for sure.


I would have to agree that it is possible that the finacial crash was indeed anticipated not necicerily by satoshi alone but by many of the ideas that came before were born out of the knowledge that the never ending of printed fiat and debt would only lead one direction, being there was no solution to this problem if the system were to go down I think was the driving force behind many of the ideas that we see in bitcoin today.

One other interesting part of the math behind bitcoin is the fact that people miss or have never even known about bitcoin is the following.

Quote "Hal Finney"

"As an amusing thought experiment, imagine that Bitcoin is successful and
becomes the dominant payment system in use throughout the world.  Then the
total value of the currency should be equal to the total value of all
the wealth in the world. Current estimates of total worldwide household
wealth that I have found range from $100 trillion to $300 trillion. With
20 million coins, that gives each coin a value of about $10 million.

So the possibility of generating coins today with a few cents of compute
time may be quite a good bet, with a payoff of something like 100 million
to 1! Even if the odds of Bitcoin succeeding to this degree are slim,
are they really 100 million to one against? Something to think about..."


From this statement it shows that indeed there was research done into the total household wealth of the world and it was calculated into the total figure for bitcoin to me this shows there was a some thought to there being a total global crisis that would effect the total household wealth of the world.




sorry to say but this kind of post its just come from whatever the hell you feel and think just output without any deep analysing and to feel smart when in reality...its even not close to the ball park  Cool

when the room if full of this kind of people its huge shit yet smart people DEBUNK THE*M FAST , the same with the web which dominated by scams and other shit information and come from people with fake credibility...which are far away from the truth and dont know trace simple things not taking about complex operation like wiki leaks and bitcoin and other great underground projects.
==============================================================================================
Not to mention the paper that closely resembles an outline of Bitcoin having been written up in 1996 by the NSA. https://archive.org/details/CryptographyOfAnonymousElectronicCash

IN ICO phase one of the recommendations was to make sure the team was well known before buying, as an anonymous team would indicate suspicion. Yet somehow Satoshi team escaped this suspicion even though nobody knows who they are.
==============================================================================================

search on the web

Wikileaks, Peer-to-Peer and cryptography, and the literary underground : Can the freedom of speech be absolute?
by -- Takushi OTANI
================================================================================
someone else said this try to trace who behind this statement:

WikiLeaks is a website that publishes secret documents revealing the misconduct of governments and corporations. In its first year, WikiLeaks published more than 1.2 million secret documents. These documents revealed classified information about countries and corporations around the globe, spilling sensitive secrets about major conflicts and human rights abuses.

state-of-the-art encryption(cryptography), peer-to-peer file sharing, and the internet itself – is what makes it possible for WikiLeaks to release millions of secret documents at once.
===================================================================================
How cryptography and peer to peer tech is a key weapon in the fight against empire states -- Julian Assange said this.
said before bitcoin come to the world
====================================================================================

shitty people always try to steal great projects until smart people debunk their fake shit ass..
===========================================================================
copper member
Activity: 86
Merit: 57
Blockchain Enthusiast & AI Enthusiast
January 10, 2019, 09:20:33 AM
#47
wow, if Bitcoin has implemented a smart contract and payment channels in it, this will be very acceptable to the state. I was very much waiting for this and welcomed his arrival.

I think there are advantages to Smart Contract like this:
1. Increasing Bitcoin in the most important use of the Financial and Artificial Intelligence industry. Of course other industries will be very good.
2. Increasing the user's trust in companies that implement Smart Contract on Bitcoin.
3. Make it easier for companies to create agreements and get profits at fee low costs.

Even so, I also have a suggestion for Bitcoin so that in the future it so better which is to multiply the Decimals on Bitcoin if it has soared to a higher price per Bitcoin unit. Just like that Smiley
member
Activity: 364
Merit: 10
January 09, 2019, 04:08:09 AM
#46
Satoshi's lesson is that you don't need to be the next Einstein in order to change the world. Nor do you need to have much money, or influence with the world's "movers & shakers". You just need to put in the effort. Satoshi, probably just an ordinary hobbyist like anyone here, saw that something was lacking in the Universe, and he fought tooth-and-nail for 2+ years until this imperfection was corrected. This is what makes Satoshi and his work my greatest inspiration.

Bitcoin has come a long way in 10 years, but it still has much more room to grow, with both major challenges and major opportunities ahead. How Bitcoin moves forward - how Satoshi's work continues - is for as many people as possible to take personal responsbility for improving the Bitcoin ecosystem, creating interesting things, and changing the world for the better. Since we've long passed the moon, I hope you'll join me in aiming for the stars.

yes, it seems that the thing that inspired Satoshi at that moment was not the big profit or money. He only wants to make a new innovation for himself that if it can be useful for the average person, unfortunately at this time in its development, the technology and thoughts are used by irresponsible people. In the name of blockchain and crypto as shields, making crypto-related names become a negative stigma by most people.

After the incident that made the crypto atmosphere worse last year, hopefully it can be the last thing crypto can give to us. Hopefully.
jr. member
Activity: 53
Merit: 1
January 09, 2019, 02:35:22 AM
#45
Loved it, owned it but with respect and credits.

Satoshi may be MIA but let us not stop with that. Every human being have that room for improvement. I never stopped thinking about that.

Satoshi, thank you. Love reading over and over all of his posts here even though I dont understand some of it when they are getting deeper. Grin
I'm glad to see people here do not buy into Craig Wright's claim to be Satoshi.  I just can't see the real Satoshi being a total dick during the Transform Africa Summit 2018.  FAKE SATOSHI Craig Wright, "I have more money that your country"

I suspect GameKyuubi is secretly Satoshi Grin

Keep aiming for the stars GameKyuubi, and bring your bottle of Whisky with you.
Klaatu, Barada, NnnnnnNnnNek..tie? You HODLing Bruce Campbell looking son of a bitch.

full member
Activity: 462
Merit: 155
January 09, 2019, 01:50:33 AM
#44
~~
You made a typo.
Hal Finney, not 'Hal Finny'
Please fix contents inside your post.
The guy mentioned is one of the most respected ones in crypto world, and one of people who entirely changed the human society.


I discovered amazing thing myself.
Firstly, I tried using the signature given there:
Code:
[center]SATOSHI NAKAMOTO《 ▬▬▬▬▬  BITCOIN  ▬▬▬▬▬  》 JANUARY 3,2009 》
https://bitcoin.org/en[/center]]
This one looks not too good after wearing, and not as same as others who already worn it.

Then, I tried again using the signature designed for Full Member rank available there:
~
If people are not part of any signature campaigns, here are some signatures designed by me for celebrating the 10th Birthday.  Cheesy

Quote
Full Member



Code:
[center][url=https://bitcoin.org/en/][b]《[/b][color=#EBB523][size=9pt][font=arial black]SATOSHI NAKAMOTO[/font][/size][/color] [color=#f69212]《[/color] [font=arial black] [color=#f69212]▬▬▬▬▬   [/color][color=#f69212]BITCOIN   [/color][color=#f69212]▬▬▬▬▬ [/color][/font][color=#f69212]》[/color][font=arial black][color=#EBB523] JANUARY 3,2009 [/color][/font][b]》[/b]
[font=arial black][color=#EB9423]A Peer-to-Peer[/color][color=#f69212] Electronic Cash System[/color][/font][/url]
[font=arial][b][url=https://bitcoin.org/bitcoin.pdf]Whitepaper[/url]  [color=#f69212]《[/color]  [url=https://coinmarketcap.com/currencies/bitcoin/]Coinmarketcap[/url]  ●  [url=https://github.com/bitcoin/]Github[/url][color=#f69212]   》[/color]  [url=https://bitcointalk.org/]Forum[/url][/b][/font][/center]
~
It works fine for me.
Before wearing it, I imagined that I have to delete [color ....... etc. in order to have appropriate redesigned signature for myself.
In fact, I don't have to do it.
legendary
Activity: 3346
Merit: 3130
January 07, 2019, 05:18:56 PM
#43
I was drinking a coffee while reading this thread and I enjoy the moment as you can't imagine. It reminds me when i decide to code a casino, my only coding skills were bash scrips, but the important thing is that i had the intention to do it, that's all that matter because the human is stubborn by nature. As you say, we don't need to be Einstein, we need to have an idea clear, find the road and start walking. That's all.

Thank's for this Satoshi's lesson, i just send you my last merit and it worth it! i wish you a happy new year theymos and let's grow the forum this year.  Cheesy
hero member
Activity: 3052
Merit: 651
January 07, 2019, 09:55:18 AM
#42
Loved it, owned it but with respect and credits.

Satoshi may be MIA but let us not stop with that. Every human being have that room for improvement. I never stopped thinking about that.

Satoshi, thank you. Love reading over and over all of his posts here even though I dont understand some of it when they are getting deeper. Grin
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