Len Sassaman and Satoshi: A cypherpunk history
evanhatch.medium.com
evanhatch.medium.com
"It's a very well-researched and respectful article, but to the best of my knowledge, Len was not Satoshi. Worth reading for the history and the conclusions about mental health, though."
https://twitter.com/maradydd/status/1364325186372304904?t=yY...
I think it is also possible Len did't tell his wife about Satoshi, or alternatively asked that she never reveal Satoshi's true identity.
https://techcrunch.com/2014/03/06/satoshi-dorian/
I still think it was Hal Finney, who was in similar cypherpunk circles, created the first PoW system, received the first Bitcoin transaction, lived in the same town as Dorian Nakamoto for 10 years, was diagnosed with ALS about a year before Satoshi disappeared from Bitcoin development, died in August 2014, and was cryopreserved.
Beyond that, if it were a group, they could have used someone as a spokesperson, but then you have a conspiracy of Satoshis, which is less possible. People, and especially geeks, like to talk. Someone would have tripped up by now, or moved bitcoin to fiat.
Would having a spokesperson that knew the identity of group members be a significant risk once this amount of money is involved? It would surely motivate serious threats to the spokesperson and their family?
By the time there was media interest in the identity of Satoshi, what would have been the value of their holding? Even then, whoever it is had to have held to their privacy even in advance of Bitcoin being worth incredible amounts of money.
Is this backed up by anything?
Their motivation could be promoting democracy (they did make Tor for this purpose after all) and/or money for black ops.
There's a non-zero chance that there's an NSA/IC employee who worked with them. Just based on the 1996 NSA paper "How to Make a Mint" and the potential that a government cryptocurrency is the ultimate solution for the inflation problem. Regulated stablecoins and/or a CBDC is the perfect way to disintermediate the banks from the dollar.
Source: speculation but I was around before bitcoin
Several central banks around the world are working on digital currencies (https://en.wikipedia.org/wiki/Central_bank_digital_currency). These would unlock more complex measures than giving people money and hope for the best to activate the economy (people might just save the money). Things like giving money to spend only in certain things, or for a limited time might come into effect then.
I’ll admit I’m bullish on crypto generally, but not like this. It may work for CBDCs, in that it will drive spending over saving to some degree, but I suspect they will be treated like radioactive hot potatoes. What’s to stop someone from selling their CBCD and simply buying a competing stablecoin that isn’t going to expire? Inflation can be both unpredictable and devastating; yet, predictable sudden devastating devaluation via expiration dates is held up as an improvement over the non-CBDC stablecoin status quo?
Citation?
It appears far from certain that Satoshi posted that message on Ning in March of 2014:
Bitcoin creator Satoshi Nakamoto targeted by email hack https://www.theguardian.com/technology/2014/sep/09/bitcoin-c...
> An administrator of the semi-official Bitcoin Talk forum, Michael Marquardt, posted on Monday night that he had received an email from Nakamoto’s old address, “not spoofed in any way”, that made him certain the account was compromised.
> “It seems very likely that either Satoshi’s email account in particular or gmx.com in general was compromised, and the email account is now under the control of someone else,” Marquardt wrote under his username, theymos[1]. “Perhaps satoshin@gmx.com expired and then someone else registered it.”
> Shortly after Marquardt’s post, “Nakamoto” posted on the Ning messageboard, one of the first places the real Nakamoto announced the creation of Bitcoin. Using the same forum account to append a comment to that announcement, the apparent hacker warned Satoshi that his details were for sale.
[1] https://bitcointalk.org/index.php?topic=775174.msg8734884#ms...
Finney didn't mix British and American English the way Satoshi did in his writing.
Finney was also an experienced and much better developer[0] than Satoshi[1]
[0] https://github.com/halfinney/bitcoin/commit/dc411b51e0a3cffc...
[1] https://github.com/Maguines/Bitcoin-v0.1/blob/master/bitcoin...
I'd take the explicit answer of someone not known to be a liar as the first piece of evidence to mention, not an "oh by the way" far down in the list.
speculates with pages upon pages of satoshi's identity.
That, and his wife not believing he was Satoshi (while not claiming it was impossible) are the biggest counterpoints I've come across.
Still, I find it a very compelling case. Sassaman as part of a Satoshi collective also seems possible.
https://twitter.com/search?q=(Bitcoin)%20(from%3Alensassaman...
On the other hand, he was Bram Cohen's roommate, and he saw BitTorrent take off as a mainstream product. So it's quite possible he was sensitive to the idea that a Windows program would have more viral ability to pick up users.
In any case, he probably would have assumed that if the system gained even a minimal level of adoption, it would quickly be ported to all platforms.
https://github.com/trottier/original-bitcoin/blob/master/src...
I'm curious if either Szabo, Finney, Le Roux or Sassaman have had any connections to poker or gambling in the past?
“Around the same time, Le Roux was working on a gaming engine for an online casino he intended to launch in Canada and Romania.”
All we know for sure about Satoshi is that s/he isn't Craig Wright.
[0] - https://www.lrb.co.uk/the-paper/v38/n13/andrew-o-hagan/the-s...
For what it’s worth, I had a pretty long conversation with this person after Len’s wake. The possibility that Len was behind Bitcoin never came up.
Not everything checks out and everything may not have happened exactly as Wright claims, but I have trouble completely writing him off.
I mean, this could just be an educated gamble. Satoshi has been unwilling or unable to communicate for many years (with the exception of one highly suspect incident that is very possibly a case of compromised credentials).
If the author cared about the shenanigans of fraud Craig Wright, a better approach would be to deal with them directly. The only thing that's hard about that is that the false claims are so numerous.
Wright has conjured a tornado of bullshit. In the process, he has built a loyal following. This is the real story, because the Craig Wrights of the world are wising up to the power of the Internet. They're multiplying, spilling out of the woodwork, and overrunning the pantry. People have an insatiable hunger to be lied to with gusto, and the Internet gives them everything they need to satisfy that hunger. All it takes is an unethical person who understands this point and has no qualms about exploiting it. Past a point, the fact checkers just give up.
We've seen several examples now of this phenomenon. But the Internet-savvy Big Liar is on an exponential growth curve.
Ok? Why is that a dagger in the heart? My most active posting times are 4-9 and I don't even know if you're talking AM or PM because both work for me.
If Microsoft was a person it would be a psychopath: befriend you for economic benefits and crush you when that is the more convenient option.
It's a private company who has actively pursued monopoly by buying its way into the educational system and strongarming any competition in the OEM off the shelf OS market, literally making it damn near impossible to avoid it.
It's goddamn scary how the public sector seems to believe Windows, Word or Excel are the only professional alternatives and are necessary for society to function. Why aren't we writing in LaTeX or R on Linux? Because a very powerful market force has bought the truth and will embrace or extinguish any sane opposition.
Fuck Microsoft and fuck Bill Gates. They are evil.
Also, academia gauntlet graduates aren't the only ones that can write papers.
I had no idea someone else was involved in such a fundamental part of Bitcoin. Great article.
https://news.bitcoin.com/the-many-facts-pointing-to-adam-bac...
Satoshi is Mr. Wilkinson (posturing as Mr. Slugsworth) probing for which one of you is useful enough to wield that kind of muscle.
Meaning what, exactly?