Top 4 Satoshi Nakamoto quotes of all time - page 2.

Doublelucky

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Quote from: luv2drnkbr on January 07, 2014, 01:13:17 PM

It has the potential for a positive feedback loop; as users increase, the value goes up" - Feb 11, 2009

http://p2pfoundation.ning.com/forum/topics/bitcoin-open-source (in comments)

Can somebody elaborate on what is meant by a positive feedback loop as it relates to Bitcoin?
Or does it literally just mean "as users increase, the value goes up"?

Dr Bloggood

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Quote from: xDan on January 07, 2014, 02:14:48 PM

Quote from: Dr Bloggood on January 07, 2014, 10:44:12 AM

Quote from: descarte on January 07, 2014, 04:32:24 AM

Another reason why I believe its one person because his code is bad. that means he is an architect or strategist rather than a coder. I could code better than him. but his thought is revolutionary, probably the most revolutionary of the century.

That's interesting! I know nothing about coding, so tell me: Why is the system still so secure apparently, although he is bad at coding (wouldn't that mean many people are able to crack to code) - how can he get away with bad coding? And what makes code bad?

I've only looked at the original release briefly, but to me:

It looks rushed; a proof of concept and a prototype. So it's more untidy, messy, code than necessarily *bad* code. Imagine the rough scribblings of a genius mathematician. It may not look pretty but it can still be technically sound.

I would imagine if a group had made it there would have been much more effort in maintaining a clean code base so others can work on it easier. Though, it's still possible that multiple people worked on the design but only one single person did the coding.

I personally would never write "good" code for some far out experimental project either. I'd hack together something quick and messy just to test if it works, then clean it up later.

So then the question is why didn't he clean it up at some point at least?

What you are saying for me speaks more for one single person alone, because if he would have been working in a group, there would be not so much reason to rush.

Another issue is that the more people are involved, the more difficult it becomes to keep totally quiet, in the long run. Maybe some ex-girlfriend of Satoshi will tell the press some day..

How much time do you think he would have needed to clean it up and what would have been the advantages of cleaning up (besides it just looking better to the few people who know about coding)?

xDan

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ヽ( ㅇㅅㅇ)ﾉ ~!!

Quote from: Dr Bloggood on January 07, 2014, 10:44:12 AM

Quote from: descarte on January 07, 2014, 04:32:24 AM

Another reason why I believe its one person because his code is bad. that means he is an architect or strategist rather than a coder. I could code better than him. but his thought is revolutionary, probably the most revolutionary of the century.

That's interesting! I know nothing about coding, so tell me: Why is the system still so secure apparently, although he is bad at coding (wouldn't that mean many people are able to crack to code) - how can he get away with bad coding? And what makes code bad?

I've only looked at the original release briefly, but to me:

It looks rushed; a proof of concept and a prototype. So it's more untidy, messy, code than necessarily *bad* code. Imagine the rough scribblings of a genius mathematician. It may not look pretty but it can still be technically sound.

I would imagine if a group had made it there would have been much more effort in maintaining a clean code base so others can work on it easier. Though, it's still possible that multiple people worked on the design but only one single person did the coding.

I personally would never write "good" code for some far out experimental project either. I'd hack together something quick and messy just to test if it works, then clean it up later.

luv2drnkbr

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"I've been working on a new electronic cash system that's fully peer-to-peer, with no trusted third party." - Nov 1 2008

http://www.mail-archive.com/[email protected]/msg09959.html

"Instead of the supply changing to keep the value the same, the supply is predetermined and the value changes. As the number of users grows, the value per coin increases. It has the potential for a positive feedback loop; as users increase, the value goes up" - Feb 11, 2009

http://p2pfoundation.ning.com/forum/topics/bitcoin-open-source (in comments)

nestor

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Within the full context of the original postings the statements are way more interesting.
E.g.: statement number 4:

"Right. Otherwise we couldn't have a finite limit of 21 million coins, because there would always need to be some minimum reward for generating. In a few decades when the reward gets too small, the transaction fee will become the main compensation for nodes. I'm sure that in 20 years there will either be very large transaction volume or no volume."

...

melmo

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Quote from: empoweoqwj on January 07, 2014, 09:24:53 AM

Quote from: descarte on January 07, 2014, 04:32:24 AM

Another reason why I believe its one person because his code is bad. that means he is an architect or strategist rather than a coder. I could code better than him. but his thought is revolutionary, probably the most revolutionary of the century.

I also believe he is not a native japanese. his english is too good unless he is like michio kaku who is a japanese brought up in a strong english speaking community like US or UK.

Quote from: Dr Bloggood on January 06, 2014, 10:09:09 AM

Quote from: descarte on January 06, 2014, 05:07:49 AM

i actually believe its a single person. its hard for a group of people to have the same trend of thought. you see his quotes, you know it comes from one person.

It's one person writing, but they could have split up the tasks - writing, developing, etc...

Let's say he was a Japanese person that went to boarding school in UK. His English would be perfect. Many many Japanese people learn go abroad to learn English. No reason to believe he wasn't born in Japan

Or maybe he's Japanese-Canadian. That would explain the Japanese name and the perfect English with the British flavour.

Anyways, good quotes. One day I'll around to reading his posts too.

Dr Bloggood

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Quote from: descarte on January 07, 2014, 04:32:24 AM

Another reason why I believe its one person because his code is bad. that means he is an architect or strategist rather than a coder. I could code better than him. but his thought is revolutionary, probably the most revolutionary of the century.

That's interesting! I know nothing about coding, so tell me: Why is the system still so secure apparently, although he is bad at coding (wouldn't that mean many people are able to crack to code) - how can he get away with bad coding? And what makes code bad?

I have always wondered how it's possible so many people are able to create something supposedly so complex as a cryptocurrency (when you look at all the altcoins).

Quote from: descarte on January 07, 2014, 04:32:24 AM

I also believe he is not a native japanese. his english is too good unless he is like michio kaku who is a japanese brought up in a strong english speaking community like US or UK.

Plus, if he was Japanese, he would have picked a different name for sure!

Anybody who is British - do you see any non-British words somewhere in the longer quotes?

Satoshi is probably reading this and laughing right now... Hey, thanks for that great idea, man, and have fun watching how this plays out!

empoweoqwj

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Quote from: descarte on January 07, 2014, 04:32:24 AM

Another reason why I believe its one person because his code is bad. that means he is an architect or strategist rather than a coder. I could code better than him. but his thought is revolutionary, probably the most revolutionary of the century.

I also believe he is not a native japanese. his english is too good unless he is like michio kaku who is a japanese brought up in a strong english speaking community like US or UK.

Quote from: Dr Bloggood on January 06, 2014, 10:09:09 AM

Quote from: descarte on January 06, 2014, 05:07:49 AM

i actually believe its a single person. its hard for a group of people to have the same trend of thought. you see his quotes, you know it comes from one person.

It's one person writing, but they could have split up the tasks - writing, developing, etc...

Let's say he was a Japanese person that went to boarding school in UK. His English would be perfect. Many many Japanese people learn go abroad to learn English. No reason to believe he wasn't born in Japan

descarte

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Another reason why I believe its one person because his code is bad. that means he is an architect or strategist rather than a coder. I could code better than him. but his thought is revolutionary, probably the most revolutionary of the century.

I also believe he is not a native japanese. his english is too good unless he is like michio kaku who is a japanese brought up in a strong english speaking community like US or UK.

Quote from: Dr Bloggood on January 06, 2014, 10:09:09 AM

Quote from: descarte on January 06, 2014, 05:07:49 AM

i actually believe its a single person. its hard for a group of people to have the same trend of thought. you see his quotes, you know it comes from one person.

It's one person writing, but they could have split up the tasks - writing, developing, etc...

empoweoqwj

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Quote from: Morbo on January 06, 2014, 09:00:07 AM

Quote from: cp1 on January 05, 2014, 08:58:20 PM

Lots of foreigners learn English from...

... the Internet.

"bloody" or "bollocks" is too typical British so it doesn't point to an English native speaker from UK at all.

Please listen. He could have been a foreigner going to school / college in UK. People pick up the UK lingo pretty quick you know.

chaoticbrain

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Most great ideas involve more than one person, but usually one person is the main one.

Dr Bloggood

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Quote from: Welsh on January 06, 2014, 10:18:15 AM

Quote

Lost coins only make everyone else’s coins worth slightly more. Think of it as a donation to everyone.

Try telling people this. They won't believe you.

I know.

Some Nobel Prize winners said differently, and of course they have to know...

Welsh

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Quote

Lost coins only make everyone else’s coins worth slightly more. Think of it as a donation to everyone.

Try telling people this. They won't believe you.

bitrider

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nice thread...the oldies are good.

Dr Bloggood

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Quote from: descarte on January 06, 2014, 05:07:49 AM

i actually believe its a single person. its hard for a group of people to have the same trend of thought. you see his quotes, you know it comes from one person.

It's one person writing, but they could have split up the tasks - writing, developing, etc...

Jothand

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My favorite Satoshi quote is the one in my signature.

cdog

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Maybe, it depends on when that "bloody" quote was from. My feeling is, the earlier it was posted, the more likely it was simply normal usage and not something dropped in an attempt to throw people off his tail. Im guessing by the time Satoshi realized his anonymity problem, he realized it was better to just stop posting at all rather than change his usage.

Morbo

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Quote from: cp1 on January 05, 2014, 08:58:20 PM

Lots of foreigners learn English from...

... the Internet.

"bloody" or "bollocks" is too typical British so it doesn't point to an English native speaker from UK at all.

Sophokles

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Thanks for this. Nice read !

empoweoqwj

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Quote from: descarte on January 06, 2014, 05:07:49 AM

i actually believe its a single person. its hard for a group of people to have the same trend of thought. you see his quotes, you know it comes from one person.

Yeah, those quotes look like they came from one person - he'll turn up one day at a conference and explain all - just hope I'm alive to see it!

Topic: Top 4 Satoshi Nakamoto quotes of all time - page 2. (Read 14178 times)