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Topic: Why satoshi doesn't come forward (Read 5017 times)

newbie
Activity: 26
Merit: 0
April 13, 2014, 05:29:53 AM
#85
I read that pdf and the only similarities I see between "ideal money" and BTC is a common theme of anti-inflation & anti-central banking.
u read the whole thing, realized the fundamental main points are identical, the mans name is inside the psuedo name and u still wont accept it?

Quote
The cool factor of Nash = Satoshi might appeal to "geeks" but it doesn't change the underlying weakness of BTC as currency system.   Nash's "ideal money" uses a basket of commodities (CPI) in place of a gold standard,  whereas,  BTC uses arbitrary  and artificial scarcity in the code so it "acts like gold".   "Ideal money" is closer to Keynes "bancor" than BTC.

Don't get me wrong.   The Nash is genius and I love to study game theory.   Still,  I'm not convinced that deflation is preferable.   I'm a firm believer that money needs elasticity to meet demands of the economic cycles.  
you are describing a economy with ideal money, todays revolution is asymptotically ideal.  the commodities index happens in a future u cannot perceive but nash has, when money has a new meaning.

Quote
Nash spends an entire section talking about savings and why inflation hurts savings.   I hear the same argument from bitcoiners all the time.   But this rarely reflect reality of most people's lives.   Nobody saves money in cash.   Most of the middle class own property as their main wealth asset.  

Deflation puts long term borrowers at extreme disadvantage.  Deflation makes it hard for people to make big purchase like a house,  student loan,  medical bills.  

In any case the macro is more complex than the neoi classical model I'm presenting.   At the macro level,  deflation can lead to recession and depressions
how about we listen to this man, and believe in him

http://s4.postimg.org/t7ip0ejot/start.jpg

http://s9.postimg.org/xrl14qsbj/nash2.jpg

http://s8.postimg.org/8o4i9b95h/Captureintro.jpg

http://s22.postimg.org/fve8e63nl/Capture3.jpg

http://s14.postimg.org/dpuymzk8x/Capture4.jpg

http://s16.postimg.org/50bc6nox1/nas10.jpg

http://s8.postimg.org/hspw6gtn9/Capture7.jpg

http://s11.postimg.org/5u759hx77/Capture9a.jpg


legendary
Activity: 1232
Merit: 1001
mining is so 2012-2013
April 13, 2014, 04:57:21 AM
#84
I think "Satoshi" is a man that thinks long, acts conservatively and carefully.  I think we haven't heard the last from him.  The Dorian incident proved that under certain circumstances he is willing to resurface. 

One needs to understand the Satoshi that invented bitcoin and why he made it.  He wasn't satisfied with banking and finance and the government of the day.  I ask now, would he really be happy with what bitcoin has become?  In someways, I think he would be really proud of the monster he created, but realize it is just that, a monster, much like the one he was rebelling against in the first place. 

I think he has had lots of time to reflect on bitcoin, think, and try to make a better system.

Great minds don't just build one thing and retire.  They look at it and try to build another and another.  Satoshi was a builder and a rebeller.  That is his nature and somewhere I think he is still doing just that.  Maybe under a different name and still working on bitcoin, trying to save it and redirect it, maybe on a different project.
hero member
Activity: 784
Merit: 500
April 13, 2014, 02:26:33 AM
#83
I read that pdf and the only similarities I see between "ideal money" and BTC is a common theme of anti-inflation & anti-central banking.   The cool factor of Nash = Satoshi might appeal to "geeks" but it doesn't change the underlying weakness of BTC as currency system.   Nash's "ideal money" uses a basket of commodities (CPI) in place of a gold standard,  whereas,  BTC uses arbitrary  and artificial scarcity in the code so it "acts like gold".   "Ideal money" is closer to Keynes "bancor" than BTC.

Don't get me wrong.   The Nash is genius and I love to study game theory.   Still,  I'm not convinced that deflation is preferable.   I'm a firm believer that money needs elasticity to meet demands of the economic cycles.  

Nash spends an entire section talking about savings and why inflation hurts savings.   I hear the same argument from bitcoiners all the time.   But this rarely reflect reality of most people's lives.   Nobody saves money in cash.   Most of the middle class own property as their main wealth asset.  

Deflation puts long term borrowers at extreme disadvantage.  Deflation makes it hard for people to make big purchase like a house,  student loan,  medical bills.  

In any case the macro is more complex than the neoi classical model I'm presenting.   At the macro level,  deflation can lead to recession and depressions







legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
April 13, 2014, 02:16:57 AM
#82
Since the bitcoin is popular now, there is no need Satoshi do anything now.

Well he might have an interesting opinion on sidechains as they did not discuss that back in 2011, as the original dev he might have an interesting addition to present (like an anonymous paper submission XD)
newbie
Activity: 40
Merit: 0
April 13, 2014, 12:00:08 AM
#81
Since the bitcoin is popular now, there is no need Satoshi do anything now.
newbie
Activity: 26
Merit: 0
April 12, 2014, 11:21:12 PM
#80

Nash is a brilliant mathetician.   But why would that news instill faith?
He is more than this.  He has re written the fundamental believe of acedemia, you just don't yet realize this.  If you read or watch ideal money you will begin to understand bitcoin is not the idea.  Bitcoin + ideal money is the real idea, that nash has successfully hid from us until now.

You must realize that when academia realizes it is him, they are going to be forced to flip the fundamentals of nearly ever subject we have.

This man is not just a brilliant mathematician, this brought the power of money back to the people, and changed it from something that is suppressive into a liberating essentially free public commodity.

There is a flood gate that will be the tipping point of asymptotically ideal money...and this flood gate is the revealation of John Forbes Nash to the world as the man that secretly created bitcoin and left the powers that be helpless towards the use, and adoption of it.

There will be no better place to put your faith in money than the man whos economic fundamentals we still use (yet we misapply) today. He wrote the formulas from which we might evaluate such a new commodity as bitcoin.

We have named the very concept of ideal money after this man, yet I feel we should still thank him, while he is still alive.
hero member
Activity: 784
Merit: 500
April 12, 2014, 09:39:14 PM
#79
For the best that he doesn't come forward, that air of mystique useful as it implies some hidden influence helping Bitcoin along
Rather lets think about what will happen when the world realizes that it is John Nash.

When thinking about the game of the governments vs the people, how might the people expect to lose when they are led by the man that created the game theory that defines the strategy of conflict that the very government uses.

Will there be any better way to instill faith in such a currency?

Nash is a brilliant mathetician.   But why would that news instill faith?
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
April 12, 2014, 09:01:56 PM
#78
satoshi lol

may as well be looking for the loch ness monster...

If it's on TV, it must be true:  Cheesy
legendary
Activity: 1022
Merit: 1001
April 12, 2014, 08:54:40 PM
#77
satoshi lol

may as well be looking for the loch ness monster...
legendary
Activity: 924
Merit: 1132
April 12, 2014, 08:52:17 PM
#76
Is it possible that the person Dorian isn't the right Satoshi Nakamoto?


Dorian is not Satoshi. 

For starters, Satoshi's English (grammar, spelling, etc) was much more fluent than there is any evidence Dorian's has ever been.  Second, they have entirely different vocabularies and there is no evidence that Dorian has ever worked on cryptographic code at all.
newbie
Activity: 26
Merit: 0
April 12, 2014, 12:35:01 PM
#75
For the best that he doesn't come forward, that air of mystique useful as it implies some hidden influence helping Bitcoin along
Rather lets think about what will happen when the world realizes that it is John Nash.

When thinking about the game of the governments vs the people, how might the people expect to lose when they are led by the man that created the game theory that defines the strategy of conflict that the very government uses.

Will there be any better way to instill faith in such a currency?
newbie
Activity: 12
Merit: 0
April 12, 2014, 12:28:11 PM
#74
For the best that he doesn't come forward, that air of mystique useful as it implies some hidden influence helping Bitcoin along
newbie
Activity: 26
Merit: 0
April 12, 2014, 09:38:14 AM
#73
Better to be rich in private.
Y'all are so cruel.  Man is 86, and solves the worlds problems.  Hes not hoarding his wealth, he will obv give it to the people.  How much time till this man passes, and gets to live for zero recognition?  Will we really keep the rug over our eyes?

Sataoshi, Satoshi, where for art thou satoshi?  John Nash have you seen him, ur just an old man, why would we bother asking you?
global moderator
Activity: 3990
Merit: 2717
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April 12, 2014, 09:32:55 AM
#72
Better to be rich in private.

Maybe, but not so much if you don't even spend any of it. His wealth seems to have been pretty stationary So far, unless he had other secret stashes we don't know about.
legendary
Activity: 1736
Merit: 1001
April 12, 2014, 09:29:20 AM
#71
Better to be rich in private.
global moderator
Activity: 3990
Merit: 2717
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April 12, 2014, 09:26:57 AM
#70
For anyone that doesn't know: Here is satoshi's bct account; inactive since 2010.

https://bitcointalksearch.org/user/satoshi-3

This account is supposedly completely disabled by bitcointalk admins in order to not give hackers something to brute force. May be why his last post "I am not Dorian Nakamoto" was made on the peertopeer foundation site.

I've not seen that before.
So he cannot (easily) come back here if he wanted to?



Yeah, not sure if this is true or not, but I imagine many people have tried so it might be a good idea. He could always sign an address and use a previous email to easily prove who he was though.
newbie
Activity: 26
Merit: 0
April 12, 2014, 09:19:09 AM
#69
John Forbes Nash is Satoshi.  We know this now.

The reason they can't out themselves is because it won't have such an effect on breaking the damn of 'bitcoin'

https://bitcointalksearch.org/topic/bitcoin-nash-satoshi-john-forbes-nash-created-bitcoin-560056

WE ARE 100% SURE IT IS HIM, WE NEED TO SPREAD THIS LIKE WILDFIRE!
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
April 11, 2014, 12:18:44 AM
#68
For anyone that doesn't know: Here is satoshi's bct account; inactive since 2010.

https://bitcointalksearch.org/user/satoshi-3

This account is supposedly completely disabled by bitcointalk admins in order to not give hackers something to brute force. May be why his last post "I am not Dorian Nakamoto" was made on the peertopeer foundation site.

I've not seen that before.
So he cannot (easily) come back here if he wanted to?

full member
Activity: 164
Merit: 100
Indie Developer
April 10, 2014, 04:08:19 PM
#67
For anyone that doesn't know: Here is satoshi's bct account; inactive since 2010.

https://bitcointalksearch.org/user/satoshi-3

This account is supposedly completely disabled by bitcointalk admins in order to not give hackers something to brute force. May be why his last post "I am not Dorian Nakamoto" was made on the peertopeer foundation site.
b!z
legendary
Activity: 1582
Merit: 1010
April 10, 2014, 04:52:55 AM
#66
Probably because of all the fanboys.
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