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Comment by f430 | Hacker News Reader

Paul Le Roux as awful as he is for the stuff he has done, is truly a rare breed. Built E4M, a prototype to Truecrypt, was his first cryptographic software he put out. Using his knowledge, he was able to catapult himself to the lucrative international drug/weapon smuggling market.

Finally, the Australian fellow who claimed he was Satoshi has been trying to unlock several million bitcoins from genesis that supposedly belonged to Paul before his capture and incarceration.

If you follow this theory, essentially a money laundering drug lord coded the bitcoin, for unknown purpose but we can probably take a guess.

Bitcoin's biggest utility isn't for small individual traders rather it is a vehicle for laundering massive amounts of money. Snuff films with children, drugs, humans, and other depraved ways of making money are the entirety of bitcoins usage.

source: https://news.bitcoin.com/the-many-facts-pointing-to-paul-le-...

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>essentially a money laundering drug lord coded the bitcoin,

To quote Hitchens:

"Extraordinary claims require extraordinary evidence and what can be asserted without evidence can also be dismissed without evidence".

We have coincidental evidence at best but until Paul is released and he can prove his identity with his private key of course Hitchens is going to be unhappy.

But the lack of evidence simply isn't enough to suggest he isn't the creator. You can use whatever academic term to justify against this.

I posit the existence of a giant duck living on Uranus.

The lack of evidence to the contrary simply isn't enough to suggest that it isn't the case.

This may come as a shock but Christopher Hitchens died.

About a decade ago.

> trying to unlock several million bitcoins from genesis

The genesis block only holds 50 BTC in reward which due to a technicality cannot be spent. And as Yoda might say, spend or spend not, there is no try. Either you know Satoshi's private key, or you don't. Faketoshi clearly doesn't.

Bitcoin's biggest utility at the moment is pure speculation.

Which is why the false prophet from down under raised money to start that massive decrypting effort. I didn't even mention the other wallets he tried to unlock without success.

Coincidence? When there are more than 4 or 5, you start thinking.

I will agree that Bitcoin is just a large ponzi scheme which will collapse as soon as they can't find the next "speculator" to buy their coins at a high price.

It's just hilarious seeing it play out over and over again with exactly the same result.

> It's just hilarious seeing it play out over and over again with exactly the same result.

You mean, the result that it keeps going up (with large drawdowns, but with exponential growth nevertheless)?

If you're so sure Bitcoin will crash, short it on a futures market. You can make a lot of money with that insight if you're proven to be right.

Putting your money where your mouth is both expensive in time and money. Talking is free. I stopped trying to explain bitcoin in 2012

There are dozens of theories who Satoshi is. All transactions in bitcoin are public, that makes it really a bad idea to use it for illegal activity. I doubt that criminal mastermind would create system to publicly backup incriminating evidence.

How is that relevant to the shared article?

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