btc – Smart Media Magazine

Who is Satoshi Nakamoto?

Here are the most popular versions of Nakamoto’s identity — from the craziest to the most believable ones.
On May 20, 2020, there was stated the transaction of 50 BTC that were mined in February 2009. Then, only a few people were engaged in its mining, with Hell Finney among them, known as the first cryptocurrency recipient, and the Bitcoin creator — Satoshi Nakamoto.
The community believes that Satoshi Nakamoto is not the name of a real person. Some offered a trivial explanation: a quartet of technology companies SAmsung, TOSHIba, NAKAmichi, and MOTOrola can form the name Satoshi Nakamoto, but it seems far-fetched. There were no women among the candidates for the post of Nakamoto. The authors of all investigations are convinced that it is either a man or a group of people (most likely men).

Dorian Nakamoto

In 2014, Newsweek published perhaps the most high-profile investigation about the identity of Satoshi Nakamoto. Journalists found an American of Japanese descent named Dorian Satoshi Nakamoto in California. He was 64 years old and flatly refused to communicate with the press. The person living in California was indeed a mathematician, physicist, and computer engineer and in the past worked on classified projects by private corporations and the US Department of Defense. However, Dorian Nakamoto completely denied the rumors and added that the hype around him caused stress for his family and asked to respect his privacy. A day after the publication of the article, Satoshi Nakamoto's profile on the P2PFoundation website came to life to write only one message: "I'm not Dorian Nakamoto."

Faketoshi

Another “Satoshi moment” happened at the end of 2015, when the Bitcoin developers received a letter from [email protected], which was previously associated with Nakamoto. A letter with the subject line “Not this again” said: “I’m not Craig Wright”.Craig Steven Wright, an Australian entrepreneur, and scientist is probably the only person in the world who does not refute his involvement in Bitcoin but proves to everyone around that he created the first cryptocurrency in 2008. Wright affirmed that he was Satoshi Nakamoto. According to him, he left the project because of shame — he accused well-known developers and community representatives of striving to distribute child pornography and drugs using Bitcoin. Somehow, the version of Craig Wright, known as Faketoshi, looks rather dubious. The Wired published an article in which journalists cited several facts that contradict this version. In particular, it was said that two PGP keys, which were believed to prove that Satoshi and Craig Wright are one person, were created retroactively. It was also mentioned that Dr. Wright may not be a doctor at all: Charles Sturt University denied that he ever awarded him the title of doctor.

Nick Szabo

Probably the most plausible version is the creation of Bitcoin by cryptographer Nick Szabo. Back in 2013, researcher Sky Gray named the reasons why he believes that Szabo is Satoshi:
In the 1990s, Szabo also created the concept of smart contracts, which were implemented only after 10 years. Thus, if he was Satoshi, the community would conclude that this is quite logical, but Szabo denies everything.

Elon Musk

This theory that Elon Musk is the developer of Bitcoin has no documentary evidence, but it does have many indirect features. For example, Elon Musk is a well-known innovator, and therefore the idea of creating Bitcoin, which in the future will become the only world currency, could well have crossed his mind. Or at least he might have just created cryptocurrency in order to get the better of banks and government and make free finances for ordinary people. As we know very well, Elon Musk is an excellent programmer, and he is able to write code in the same programming language in which Bitcoin is written. Naturally, Elon Mask himself denies his involvement in the creation of bitcoin. However, everyone who was nominated for the role of Satoshi does this. Of course, if you do not take into account Faketoshi Craig Wright.

John McAfee knows who hides under this nickname

On May 3, 2020, a cryptoveteran and fugitive US presidential candidate John McAfee gave an exclusive interview to Cointelegraph. McAfee believes that linguistic analysis of technical documentation, also known as stylometry, will help to reveal Satoshi to an attentive reader. In fact, this is all you need to remove the personality of Satoshi Nakamoto from the secret list. He mentioned that only five percent of the population put two spaces after the period. According to him, if you buy a program for determining authorship for $200 and upload Bitcoin White Paper, you will understand who that mystical Satoshi is with 99% probability.

Great mystery

As long as secrets exist, people will try to uncover them. If Bitcoin really becomes a new form of money, then the question of the creator will be more relevant than ever. Who was this man and what were his motives? Why do we not know anything about him, although he might have become fabulously rich?
It is not known whether the real name of Satoshi Nakamoto will ever be known to the community, but it is known for sure that Bitcoin works regardless of whether this happens or not.
To some extent, the story of Satoshi is the best thing that happened with the first cryptocurrency in its entire history, because then the problem of the emergence of a personality cult was solved by itself.
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The Decade in Blockchain — 2010 to 2020 in Review

2010

February — The first ever cryptocurrency exchange, Bitcoin Market, is established. The first trade takes place a month later.
April — The first public bitcoin trade takes place: 1000BTC traded for $30 at an exchange rate of 0.03USD/1BTC
May — The first real-world bitcoin transaction is undertaken by Laszlo Hanyecz, who paid 10000BTC for two Papa John’s pizzas (Approximately $25 USD)
June — Bitcoin developer Gavin Andreson creates a faucet offering 5 free BTC to the public
July — First notable usage of the word “blockchain” appears on BitcoinTalk forum. Prior to this, it was referred to as ‘Proof-of-Work chain’
July — Bitcoin exchange named Magic The Gathering Online eXchange—also known as Mt. Gox—established
August —Bitcoin protocol bug leads to emergency hard fork
December — Satoshi Nakamoto ceases communication with the world

2011

January — One-quarter of the eventual total of 21M bitcoins have been generated
February — Bitcoin reaches parity for the first time with USD
April — Bitcoin reaches parity with EUR and GBP
June — WikiLeaks begins accepting Bitcoin donations
June — Mt. Gox hacked, resulting in suspension of trading and a precipitous price drop for Bitcoin
August — First Bitcoin Improvement Proposal: BIP Purpose and Guidelines
October — Litecoin released
December — Bitcoin featured as a major plot element in an episode of ‘The Good Wife’ as 9.45 million viewers watch.

2012

May — Bitcoin Magazine, founded by Mihai Alisie and Vitalik Buterin, publishes first issue
July — Government of Estonia begins incorporating blockchain into digital ID efforts
September — Bitcoin Foundation created
October — BitPay reports having over 1,000 merchants accepting bitcoin under its payment processing service
November — First Bitcoin halving to 25 BTC per block

2013

February — Reddit begins accepting bitcoins for Gold memberships
March — Cyprus government bailout levies bank accounts with over $100k. Flight to Bitcoin results in major price spike.
May —Total Bitcoin value surpasses 1 billion USD with 11M Bitcoin in circulation
May — The first cryptocurrency market rally and crash takes place. Prices rise from $13 to $220, and then drop to $70
June — First major cryptocurrency theft. 25,000 BTC is stolen from Bitcoin forum founder
July — Mastercoin becomes the first project to conduct an ICO
August — U.S. Federal Court issues opinion that Bitcoin is a currency or form of money
October — The FBI shuts down dark web marketplace Silk Road, confiscating approximately 26,000 bitcoins
November — Vitalik Buterin releases the Ethereum White Paper: “A Next-Generation Smart Contract and Decentralized Application Platform
December — The first commit to the Ethereum codebase takes place

2014

January — Vitalik Buterin announces Ethereum at the North American Bitcoin Conference in Miami
February — HMRC in the UK classifies Bitcoin as private money
March — Newsweek claims Dorian Nakamoto is Bitcoin creator. He is not
April — Gavin Wood releases the Ethereum Yellow Paper: “Ethereum: A Secure Decentralised Generalised Transaction Ledger
June — Ethereum Foundation established in Zug, Switzerland
June — US Marshals Service auctions off 30,000 Bitcoin confiscated from Silk Road. All are purchased by venture capitalist Tim Draper
July — Ethereum token launch raises 31,591 BTC ($18,439,086) over 42 days
September — TeraExchange launches first U.S. Commodity Futures Trading Commission approved Bitcoin over-the-counter swap
October — ConsenSys is founded by Joe Lubin
December — By year’s end, Paypal, Zynga, u/, Expedia, Newegg, Dell, Dish Network, and Microsoft are all accepting Bitcoin for payments

2015

January — Coinbase opens up the first U.S-based cryptocurrency exchange
February — Stripe initiates bitcoin payment integration for merchants
April — NASDAQ initiates blockchain trial
June — NYDFS releases final version of its BitLicense virtual currency regulations
July — Ethereum’s first live mainnet release—Frontier—launched.
August — Augur, the first token launch on the Ethereum network takes place
September — R3 consortium formed with nine financial institutions, increases to over 40 members within six months
October — Gemini exchange launches, founded by Tyler and Cameron Winklevoss
November — Announcement of first zero knowledge proof, ZK-Snarks
December — Linux Foundation establishes Hyperledger project

2016

January — Zcash announced
February — HyperLedger project announced by Linux Foundation with thirty founding members
March — Second Ethereum mainnet release, Homestead, is rolled out.
April — The DAO (decentralized autonomous organization) launches a 28-day crowdsale. After one month, it raises an Ether value of more than US$150M
May — Chinese Financial Blockchain Shenzhen Consortium launches with 31 members
June — The DAO is attacked with 3.6M of the 11.5M Ether in The DAO redirected to the attacker’s Ethereum account
July — The DAO attack results in a hard fork of the Ethereum Blockchain to recover funds. A minority group rejecting the hard fork continues to use the original blockchain renamed Ethereum Classic
July — Second Bitcoin halving to 12.5BTC per block mined
November — CME Launches Bitcoin Price Index

2017

January — Bitcoin price breaks US$1,000 for the first time in three years
February — Enterprise Ethereum Alliance formed with 30 founding members, over 150 members six months later
March — Multiple applications for Bitcoin ETFs rejected by the SEC
April — Bitcoin is officially recognized as currency by Japan
June — EOS begins its year-long ICO, eventually raising $4 billion
July — Parity hack exposes weaknesses in multisig wallets
August — Bitcoin Cash forks from the Bitcoin Network
October — Ethereum releases Byzantium soft fork network upgrade, part one of Metropolis
September — China bans ICOs
October — Bitcoin price surpasses $5,000 USD for the first time
November — Bitcoin price surpasses $10,000 USD for the first time
December — Ethereum Dapp Cryptokitties goes viral, pushing the Ethereum network to its limits

2018


January — Ethereum price peaks near $1400 USD
March — Google bans all ads pertaining to cryptocurrency
March — Twitter bans all ads pertaining to cryptocurrency
April — 2018 outpaces 2017 with $6.3 billion raised in token launches in the first four months of the year
April — EU government commits $300 million to developing blockchain projects
June — The U.S. Securities and Exchange Commission states that Ether is not a security.
July — Over 100,000 ERC20 tokens created
August — New York Stock Exchange owner announces Bakkt, a federally regulated digital asset exchange
October — Bitcoin’s 10th birthday
November — VC investment in blockchain tech surpasses $1 billion
December — 90% of banks in the US and Europe report exploration of blockchain tech

2019

January — Coinstar machines begin selling cryptocurrency at grocery stores across the US
February — Ethereum’s Constantinople hard fork is released, part two of Metropolis
April — Bitcoin surpasses 400 million total transactions
June — Facebook announces Libra
July — United States senate holds hearings titled ‘Examining Regulatory Frameworks for Digital Currencies and Blockchain”
August — Ethereum developer dominance reaches 4x that of any other blockchain
October — Over 80 million distinct Ethereum addresses have been created
September — Santander bank settles both sides of a $20 million bond on Ethereum
November — Over 3000 Dapps created. Of them, 2700 are built on Ethereum
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Who Is Satoshi Nakamoto?

Bitcoin and cryptocurrencies are the new trend market today almost everywhere people are talking about Bitcoins, particularly with examples that someone has made millions in only a couple of years by smartly investing in bitcoins. It is decentralized, which means it isn't controlled nor backed up by any administration, nation, or an individual element. Unlike traditional currencies, such as dollars and euros, bitcoins are issued and managed without any regulation from any central government. Thus, it is more resistant to inflation and corruption. A Bitcoin derives its value basically from the demand and usage of bitcoins, similar to a stock. With this kind of innovation, everyone is thinking about how Bitcoin started and who created this kind of technology? The name "bitcoin.org" was registered on 18 August 2008. While on the 31st of October 2008, a link to a paper authored by Satoshi Nakamoto titled Bitcoin: A Peer-to-Peer Electronic Cash System was posted to a cryptography mailing list. Nakamoto implemented the bitcoin software as an open-source code and released it in January 2009. Then on the 3rd of January 2009, the bitcoin network was created when Nakamoto mined the first block of the chain, known as the genesis block. Embedded in the coinbase of this block was the text "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks". This note references a headline published by The Times and has been interpreted as both timestamp and comment on the instability caused by fractional-reserve banking.
With all these groundbreaking accomplishments of bitcoin, Nakamoto's identity remains unknown. Several speculations and theories were made, but all of these speculations don't have concrete evidence to prove their speculations are true. One of the first and most easily dismissed claims was that of Dorian Satoshi Nakamoto. The 68-year-old Japanese-American living in California, was identified in a 2014 Newsweek article as the elusive Bitcoin creator. Despite his work as a systems engineer on classified US defense projects as well as his background in digital finance, the homonymous nature was sheer coincidence. While one of the most intriguing speculations is the announcement made by Craig Wright that he is Satoshi Nakamoto. As said to this article, Craig Wright is an Australian academic who was brought into the spotlight of Satoshi when Wired Magazine published an article in 2015 claiming Wright “either invented Bitcoin, or is a brilliant hoaxer”. Shortly after the Wired article was released, Gizmodo released their article stating they were contacted by a supposed hacker that had gained access to Wright’s emails and claimed that Satoshi Nakamoto was a pseudonym for Wright and his accomplice, the deceased cybersecurity expert David Kleinmen. However, when asked to provide evidence a list of addresses associated with the Tulip Trust, said to hold almost 1 million BTC the documents were highly redacted and shed little light on the true nature of Wrights involvement in the birth of Bitcoin. Still the story is not yet and finish and there is still no enough evidence in this proclamation of Craig Wright. The man behind the empire of bitcoin is still unknown, but it'll just be a matter of time till someone claims that he, she or they, are the people behind Bitcoin.
submitted by colenorris to CryptoCurrencyTrading [link] [comments]

Did we just recently witness first serious sign of China becoming greater economical power than US?

Some people noticed that US president's tweets do not impact cryptocurrencies so much as they do to S&P500 - but when Chinese President Xi Jinping mentioned blockchain (not even naming the Bitcoin specifically), it made BTC price go up by almost 40%!
One would argue that it's due to the number of crypto-miners or traders in China - but there are arguments supporting the notion it was done by mainly western traders.
Can it mean we are witnessing an important shift from USA dominating finance industry to a new (financial) world order?
submitted by RudolfTheOne to investing [link] [comments]

CRYPTOCURRENCY BITCOIN

CRYPTOCURRENCY BITCOIN
Bitcoin Table of contents expand: 1. What is Bitcoin? 2. Understanding Bitcoin 3. How Bitcoin Works 4. What's a Bitcoin Worth? 5. How Bitcoin Began 6. Who Invented Bitcoin? 7. Before Satoshi 8. Why Is Satoshi Anonymous? 9. The Suspects 10. Can Satoshi's Identity Be Proven? 11. Receiving Bitcoins As Payment 12. Working For Bitcoins 13. Bitcoin From Interest Payments 14. Bitcoins From Gambling 15. Investing in Bitcoins 16. Risks of Bitcoin Investing 17. Bitcoin Regulatory Risk 18. Security Risk of Bitcoins 19. Insurance Risk 20. Risk of Bitcoin Fraud 21. Market Risk 22. Bitcoin's Tax Risk What is Bitcoin?
Bitcoin is a digital currency created in January 2009. It follows the ideas set out in a white paper by the mysterious Satoshi Nakamoto, whose true identity is yet to be verified. Bitcoin offers the promise of lower transaction fees than traditional online payment mechanisms and is operated by a decentralized authority, unlike government-issued currencies.
There are no physical bitcoins, only balances kept on a public ledger in the cloud, that – along with all Bitcoin transactions – is verified by a massive amount of computing power. Bitcoins are not issued or backed by any banks or governments, nor are individual bitcoins valuable as a commodity. Despite it not being legal tender, Bitcoin charts high on popularity, and has triggered the launch of other virtual currencies collectively referred to as Altcoins.
Understanding Bitcoin Bitcoin is a type of cryptocurrency: Balances are kept using public and private "keys," which are long strings of numbers and letters linked through the mathematical encryption algorithm that was used to create them. The public key (comparable to a bank account number) serves as the address which is published to the world and to which others may send bitcoins. The private key (comparable to an ATM PIN) is meant to be a guarded secret and only used to authorize Bitcoin transmissions. Style notes: According to the official Bitcoin Foundation, the word "Bitcoin" is capitalized in the context of referring to the entity or concept, whereas "bitcoin" is written in the lower case when referring to a quantity of the currency (e.g. "I traded 20 bitcoin") or the units themselves. The plural form can be either "bitcoin" or "bitcoins."
How Bitcoin Works Bitcoin is one of the first digital currencies to use peer-to-peer technology to facilitate instant payments. The independent individuals and companies who own the governing computing power and participate in the Bitcoin network, also known as "miners," are motivated by rewards (the release of new bitcoin) and transaction fees paid in bitcoin. These miners can be thought of as the decentralized authority enforcing the credibility of the Bitcoin network. New bitcoin is being released to the miners at a fixed, but periodically declining rate, such that the total supply of bitcoins approaches 21 million. One bitcoin is divisible to eight decimal places (100 millionths of one bitcoin), and this smallest unit is referred to as a Satoshi. If necessary, and if the participating miners accept the change, Bitcoin could eventually be made divisible to even more decimal places. Bitcoin mining is the process through which bitcoins are released to come into circulation. Basically, it involves solving a computationally difficult puzzle to discover a new block, which is added to the blockchain and receiving a reward in the form of a few bitcoins. The block reward was 50 new bitcoins in 2009; it decreases every four years. As more and more bitcoins are created, the difficulty of the mining process – that is, the amount of computing power involved – increases. The mining difficulty began at 1.0 with Bitcoin's debut back in 2009; at the end of the year, it was only 1.18. As of February 2019, the mining difficulty is over 6.06 billion. Once, an ordinary desktop computer sufficed for the mining process; now, to combat the difficulty level, miners must use faster hardware like Application-Specific Integrated Circuits (ASIC), more advanced processing units like Graphic Processing Units (GPUs), etc.
What's a Bitcoin Worth? In 2017 alone, the price of Bitcoin rose from a little under $1,000 at the beginning of the year to close to $19,000, ending the year more than 1,400% higher. Bitcoin's price is also quite dependent on the size of its mining network since the larger the network is, the more difficult – and thus more costly – it is to produce new bitcoins. As a result, the price of bitcoin has to increase as its cost of production also rises. The Bitcoin mining network's aggregate power has more than tripled over the past twelve months.
How Bitcoin Began
Aug. 18, 2008: The domain name bitcoin.org is registered. Today, at least, this domain is "WhoisGuard Protected," meaning the identity of the person who registered it is not public information.
Oct. 31, 2008: Someone using the name Satoshi Nakamoto makes an announcement on The Cryptography Mailing list at metzdowd.com: "I've been working on a new electronic cash system that's fully peer-to-peer, with no trusted third party. The paper is available at http://www.bitcoin.org/bitcoin.pdf." This link leads to the now-famous white paper published on bitcoin.org entitled "Bitcoin: A Peer-to-Peer Electronic Cash System." This paper would become the Magna Carta for how Bitcoin operates today.
Jan. 3, 2009: The first Bitcoin block is mined, Block 0. This is also known as the "genesis block" and contains the text: "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks," perhaps as proof that the block was mined on or after that date, and perhaps also as relevant political commentary.
Jan. 8, 2009: The first version of the Bitcoin software is announced on The Cryptography Mailing list.
Jan. 9, 2009: Block 1 is mined, and Bitcoin mining commences in earnest.
Who Invented Bitcoin?
No one knows. Not conclusively, at any rate. Satoshi Nakamoto is the name associated with the person or group of people who released the original Bitcoin white paper in 2008 and worked on the original Bitcoin software that was released in 2009. The Bitcoin protocol requires users to enter a birthday upon signup, and we know that an individual named Satoshi Nakamoto registered and put down April 5 as a birth date. And that's about it.
Before Satoshi
Though it is tempting to believe the media's spin that Satoshi Nakamoto is a solitary, quixotic genius who created Bitcoin out of thin air, such innovations do not happen in a vacuum. All major scientific discoveries, no matter how original-seeming, were built on previously existing research. There are precursors to Bitcoin: Adam Back’s Hashcash, invented in 1997, and subsequently Wei Dai’s b-money, Nick Szabo’s bit gold and Hal Finney’s Reusable Proof of Work. The Bitcoin white paper itself cites Hashcash and b-money, as well as various other works spanning several research fields.
Why Is Satoshi Anonymous?
There are two primary motivations for keeping Bitcoin's inventor keeping his or her or their identity secret. One is privacy. As Bitcoin has gained in popularity – becoming something of a worldwide phenomenon – Satoshi Nakamoto would likely garner a lot of attention from the media and from governments.
The other reason is safety. Looking at 2009 alone, 32,489 blocks were mined; at the then-reward rate of 50 BTC per block, the total payout in 2009 was 1,624,500 BTC, which at today’s prices is over $900 million. One may conclude that only Satoshi and perhaps a few other people were mining through 2009 and that they possess a majority of that $900 million worth of BTC. Someone in possession of that much BTC could become a target of criminals, especially since bitcoins are less like stocks and more like cash, where the private keys needed to authorize spending could be printed out and literally kept under a mattress. While it's likely the inventor of Bitcoin would take precautions to make any extortion-induced transfers traceable, remaining anonymous is a good way for Satoshi to limit exposure.
The Suspects
Numerous people have been suggested as possible Satoshi Nakamoto by major media outlets. Oct. 10, 2011, The New Yorker published an article speculating that Nakamoto might be Irish cryptography student Michael Clear or economic sociologist Vili Lehdonvirta. A day later, Fast Company suggested that Nakamoto could be a group of three people – Neal King, Vladimir Oksman and Charles Bry – who together appear on a patent related to secure communications that were filed two months before bitcoin.org was registered. A Vice article published in May 2013 added more suspects to the list, including Gavin Andresen, the Bitcoin project’s lead developer; Jed McCaleb, co-founder of now-defunct Bitcoin exchange Mt. Gox; and famed Japanese mathematician Shinichi Mochizuki.
In December 2013, Techcrunch published an interview with researcher Skye Grey who claimed textual analysis of published writings shows a link between Satoshi and bit-gold creator Nick Szabo. And perhaps most famously, in March 2014, Newsweek ran a cover article claiming that Satoshi is actually an individual named Satoshi Nakamoto – a 64-year-old Japanese-American engineer living in California. The list of suspects is long, and all the individuals deny being Satoshi.
Can Satoshi's Identity Be Proven?
It would seem even early collaborators on the project don’t have verifiable proof of Satoshi’s identity. To reveal conclusively who Satoshi Nakamoto is, a definitive link would need to be made between his/her activity with Bitcoin and his/her identity. That could come in the form of linking the party behind the domain registration of bitcoin.org, email and forum accounts used by Satoshi Nakamoto, or ownership of some portion of the earliest mined bitcoins. Even though the bitcoins Satoshi likely possesses are traceable on the blockchain, it seems he/she has yet to cash them out in a way that reveals his/her identity. If Satoshi were to move his/her bitcoins to an exchange today, this might attract attention, but it seems unlikely that a well-funded and successful exchange would betray a customer's privacy.
Receiving Bitcoins As Payment
Bitcoins can be accepted as a means of payment for products sold or services provided. If you have a brick and mortar store, just display a sign saying “Bitcoin Accepted Here” and many of your customers may well take you up on it; the transactions can be handled with the requisite hardware terminal or wallet address through QR codes and touch screen apps. An online business can easily accept bitcoins by just adding this payment option to the others it offers, like credit cards, PayPal, etc. Online payments will require a Bitcoin merchant tool (an external processor like Coinbase or BitPay).
Working For Bitcoins
Those who are self-employed can get paid for a job in bitcoins. There are several websites/job boards which are dedicated to the digital currency:
Work For Bitcoin brings together work seekers and prospective employers through its websiteCoinality features jobs – freelance, part-time and full-time – that offer payment in bitcoins, as well as Dogecoin and LitecoinJobs4Bitcoins, part of reddit.comBitGigs
Bitcoin From Interest Payments
Another interesting way (literally) to earn bitcoins is by lending them out and being repaid in the currency. Lending can take three forms – direct lending to someone you know; through a website which facilitates peer-to-peer transactions, pairing borrowers and lenders; or depositing bitcoins in a virtual bank that offers a certain interest rate for Bitcoin accounts. Some such sites are Bitbond, BitLendingClub, and BTCjam. Obviously, you should do due diligence on any third-party site.
Bitcoins From Gambling
It’s possible to play at casinos that cater to Bitcoin aficionados, with options like online lotteries, jackpots, spread betting, and other games. Of course, the pros and cons and risks that apply to any sort of gambling and betting endeavors are in force here too.
Investing in Bitcoins
There are many Bitcoin supporters who believe that digital currency is the future. Those who endorse it are of the view that it facilitates a much faster, no-fee payment system for transactions across the globe. Although it is not itself any backed by any government or central bank, bitcoin can be exchanged for traditional currencies; in fact, its exchange rate against the dollar attracts potential investors and traders interested in currency plays. Indeed, one of the primary reasons for the growth of digital currencies like Bitcoin is that they can act as an alternative to national fiat money and traditional commodities like gold.
In March 2014, the IRS stated that all virtual currencies, including bitcoins, would be taxed as property rather than currency. Gains or losses from bitcoins held as capital will be realized as capital gains or losses, while bitcoins held as inventory will incur ordinary gains or losses.
Like any other asset, the principle of buying low and selling high applies to bitcoins. The most popular way of amassing the currency is through buying on a Bitcoin exchange, but there are many other ways to earn and own bitcoins. Here are a few options which Bitcoin enthusiasts can explore.
Risks of Bitcoin Investing
Though Bitcoin was not designed as a normal equity investment (no shares have been issued), some speculative investors were drawn to the digital money after it appreciated rapidly in May 2011 and again in November 2013. Thus, many people purchase bitcoin for its investment value rather than as a medium of exchange.
However, their lack of guaranteed value and digital nature means the purchase and use of bitcoins carries several inherent risks. Many investor alerts have been issued by the Securities and Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA), the Consumer Financial Protection Bureau (CFPB), and other agencies.
The concept of a virtual currency is still novel and, compared to traditional investments, Bitcoin doesn't have much of a long-term track record or history of credibility to back it. With their increasing use, bitcoins are becoming less experimental every day, of course; still, after eight years, they (like all digital currencies) remain in a development phase, still evolving. "It is pretty much the highest-risk, highest-return investment that you can possibly make,” says Barry Silbert, CEO of Digital Currency Group, which builds and invests in Bitcoin and blockchain companies.
Bitcoin Regulatory Risk
Investing money into Bitcoin in any of its many guises is not for the risk-averse. Bitcoins are a rival to government currency and may be used for black market transactions, money laundering, illegal activities or tax evasion. As a result, governments may seek to regulate, restrict or ban the use and sale of bitcoins, and some already have. Others are coming up with various rules. For example, in 2015, the New York State Department of Financial Services finalized regulations that would require companies dealing with the buy, sell, transfer or storage of bitcoins to record the identity of customers, have a compliance officer and maintain capital reserves. The transactions worth $10,000 or more will have to be recorded and reported.
Although more agencies will follow suit, issuing rules and guidelines, the lack of uniform regulations about bitcoins (and other virtual currency) raises questions over their longevity, liquidity, and universality.
Security Risk of Bitcoins
Bitcoin exchanges are entirely digital and, as with any virtual system, are at risk from hackers, malware and operational glitches. If a thief gains access to a Bitcoin owner's computer hard drive and steals his private encryption key, he could transfer the stolen Bitcoins to another account. (Users can prevent this only if bitcoins are stored on a computer which is not connected to the internet, or else by choosing to use a paper wallet – printing out the Bitcoin private keys and addresses, and not keeping them on a computer at all.) Hackers can also target Bitcoin exchanges, gaining access to thousands of accounts and digital wallets where bitcoins are stored. One especially notorious hacking incident took place in 2014, when Mt. Gox, a Bitcoin exchange in Japan, was forced to close down after millions of dollars worth of bitcoins were stolen.
This is particularly problematic once you remember that all Bitcoin transactions are permanent and irreversible. It's like dealing with cash: Any transaction carried out with bitcoins can only be reversed if the person who has received them refunds them. There is no third party or a payment processor, as in the case of a debit or credit card – hence, no source of protection or appeal if there is a problem.
Insurance Risk
Some investments are insured through the Securities Investor Protection Corporation. Normal bank accounts are insured through the Federal Deposit Insurance Corporation (FDIC) up to a certain amount depending on the jurisdiction. Bitcoin exchanges and Bitcoin accounts are not insured by any type of federal or government program.
Risk of Bitcoin Fraud
While Bitcoin uses private key encryption to verify owners and register transactions, fraudsters and scammers may attempt to sell false bitcoins. For instance, in July 2013, the SEC brought legal action against an operator of a Bitcoin-related Ponzi scheme.
Market Risk
Like with any investment, Bitcoin values can fluctuate. Indeed, the value of the currency has seen wild swings in price over its short existence. Subject to high volume buying and selling on exchanges, it has a high sensitivity to “news." According to the CFPB, the price of bitcoins fell by 61% in a single day in 2013, while the one-day price drop in 2014 has been as big as 80%.
If fewer people begin to accept Bitcoin as a currency, these digital units may lose value and could become worthless. There is already plenty of competition, and though Bitcoin has a huge lead over the other 100-odd digital currencies that have sprung up, thanks to its brand recognition and venture capital money, a technological break-through in the form of a better virtual coin is always a threat.
Bitcoin's Tax Risk
As bitcoin is ineligible to be included in any tax-advantaged retirement accounts, there are no good, legal options to shield investments from taxation.
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Related Terms
Satoshi
The satoshi is the smallest unit of the bitcoin cryptocurrency. It is named after Satoshi Nakamoto, the creator of the protocol used in block chains and the bitcoin cryptocurrency.
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Satoshi Nakamoto The name used by the unknown creator of the protocol used in the bitcoin cryptocurrency. Satoshi Nakamoto is closely-associated with blockchain technology.
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A guide to help you understand what blockchain is and how it can be used by industries. You've probably encountered a definition like this: “blockchain is a distributed, decentralized, public ledger." But blockchain is easier to understand than it sounds.
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By Satoshi Nakamoto
Read it once, go read other crypto stuff, read it again… keep doing this until the whole document makes sense. It’ll take a while, but you’ll get there. This is the original whitepaper introducing and explaining Bitcoin, and there’s really nothing better out there to understand on the subject.
“What is needed is an electronic payment system based on cryptographic proof instead of trust, allowing any two willing parties to transact directly with each other without the need for a trusted third party

submitted by adrian_morrison to BlockchainNews [link] [comments]

Has Binance been hacked? Top cryptocurrency exchange is investigating after a leak of alleged user data, confirms a $3.5 million extortion plot

This is the best tl;dr I could make, original reduced by 74%. (I'm a bot)
One of the world's biggest cryptocurrency exchanges says it has launched an investigation after an "Unidentified individual" threatened to leak a trove of its customer data.
Binance, which ranks as the top exchange by volume traded, said in a company statement today that the individual had demanded 300 bitcoin-the equivalent of more than $3 million-to halt the release of 10,000 photos showing "Know your customer" data from the organization.
"We would like to inform you that an unidentified individual has threatened and harassed us, demanding 300 BTC in exchange for withholding 10,000 photos that bear similarity to Binance KYC data," the firm said in a release today informing the community of the situation.
The stolen data is "Directly related" to a major Binance hack last year, CoinDesk reported.
"There are inconsistencies when comparing this data to the data in our system," Binance said.
On Twitter today, some accounts are sharing links which purport to offer a way to check if Binance customers have been impacted, which could potentially result in more data theft or compromise, according to industry commenters.
Summary Source | FAQ | Feedback | Top keywords: data#1 images#2 Binance#3 KYC#4 exchange#5
Post found in /technology.
NOTICE: This thread is for discussing the submission topic. Please do not discuss the concept of the autotldr bot here.
submitted by autotldr to autotldr [link] [comments]

Would anybody be interested in purchasing a Newsweek signed by Dorian Nakamoto?

Hi guys. Art and myself went to visit Dorian and his mother yesterday. We were in shock when we discovered that he had sold his model trains and gotten a quote from Longo Toyota to sell his car (for a measly $1000). Dorian has had to increase his expenditures due to current events, and what little money he had is depleted. He and his mother rely on family to ensure that they could remain in the house. Despite our sacrifices, Dorian still needs aid.
Would anybody be interested in a copy of Newsweek signed by the infamous Dorian Satoshi Nakamoto? We plan on putting the copy on eBay.
As usual, we are doing what we can, and we are very appreciative of this community. If anybody else has an idea to help him along, it would be greatly appreciated.
submitted by Nakamotodragon to Bitcoin [link] [comments]

Fresh Out of Jail, John McAfee Now Wants Boris Johnson’s Job

Fresh Out of Jail, John McAfee Now Wants Boris Johnson’s Job
https://preview.redd.it/8oi0dyefzrc31.png?width=2000&format=png&auto=webp&s=dacd824597df2f415c02f7007370b82e7d99d6d9
After two arrests in one week, John McAfee says he wants to run for President of the United States and Prime Minister of the United Kingdom simultaneously.

McAfee: ‘I am one of the few’

On July 26, the same day when McAfee revealed his “record” second arrest in a week, the U.S. presidential candidate expressed his intention to run for UK Prime Minister too, stressing that he is one of the few people still alive who could qualify. The well-known Bitcoin (BTC) bull and cybersecurity pioneer tweeted:
“Can a person run for, and be, President of the United States and Prime Minister of Great Britain simultaneously? Yes. Absolutely. Without question. But I believe I am one of the few people still alive who could qualify for the combined position.”
McAfee elaborated that in order to qualify for the position, one should meet two requirements — be a U.S. citizen born on U.S. soil and a British citizen born in England. As per McAfee, he meets both requirements as he was not just born in England, but also he was born on an American Army base in England. He wrote:
“I was born in England at the end of WWII. My father was an American soldier and I was born on an American Army base in England. The two together meet the requirement for being U.S. soil. Look it up if you don’t believe it.”
McAfee is also apparently out of jail at press time as he tweeted that he will be in London with his wife Janice McAfee tonight to discuss the perspectives of the combined position.
Worth noting is that Boris Johnson, the recently elected prime minister of the United Kingdom, was born in New York. He only recently renounced his American passport when the Internal Revenue Service chased him for unpaid taxes, according to American weekly news magazine Newsweek.

Bitcoin donations accepted

Earlier today, McAfee reported that he saw his second jail cell this week just a day after his release in the Dominican Republic, where he was arrested for four days. Reportedly wanted by the U.S., McAfee plans to accept Bitcoin donations for his presidential campaign, which he runs from a boat on which he arrived in the Domican Republic.
In late 2018, McAfee clearly hinted that his campaign is not a serious bid for office, but it is rather an opportunity to use access to the national stage solely to promote cryptocurrencies.
Yesterday, Cointelegraph reported that a new political action committee supporting another presidential candidate, Andrew Yang, rolled out its Bitcoin-powered fundraising program, named “21 Days of Bitcoin for the 21st Century.”
submitted by Rajladumor1 to omgfin [link] [comments]

How Governments will Destroy Cryptocurrencies [Theory]

I have a few theories how the Governments around the world will eventually crackdown on cryptocurrencies, especially Bitcoin. It will either be a coordinated effort amongst G20 or just independently creating more and more regulations until crypto will die off. I may be wrong, there is a chance that we can win, but it's still good to consider the follow scenarios so that people can prepare themselves against them.
   

1) Mass Quantum Hack [Unlikely]

Allegedly govts may have at disposal secret quantum computers. There is already commercially available QC, but it's less powerful, and we can, from observation suspect that military technology is about 30 years ahead of commercially available ones, so there is a likelyhood of this. Quantum technology is not "magic", it doesn't solve issues instantaneously like it's portrayed in the media, but to our misfortune it can specifically crack wide open SHA256, RIPEMD-128 and AES256 cyphers which Bitcoin and other cryptos use.
Now the likelyhood of this is small, not because they can't do it, but because even if they can, if they would do this, the cat would be out of the box and then other governments would start hacking banks, which also using these algorithms, so it could collapse the entire global economy creating global hyperinflation and mass chaos.
So they would by all means avoid this, no matter how annoying Bitcoin will become for them they would not use this option, unless Bitcoin would really take over the planet, but they probably have other measures against that. And they probably have agreements with other governments too, to avoid this option, not even North Korea would do this in my opinion because the Chinese would put pressure on them.
   

2) Demonize and ridicule Bitcoin users in the Media [Likely, Inefficient]

This is likely and they are already doing this, but it's not effective. People don't care about chit-chat, they care about results. So if a starving African family can feed their kids from the remittances that their family members sent them back with Bitcoin, they would totally dismiss whatever the media would tell them.
Bitcoin has practical results, it doesn't need propaganda to spread, and propaganda against it is ineffective, because the results speak for themselves.
So while they might scare a few mainstream sheeps, it won't work forever and eventually the media would either have to get behind Bitcoin or become obsolete.
   

3) Criminalize Bitcoin and prosecute everyone [Unlikely]

They could have easily done this back in 2009-2010, and for some reason they didn't. They could have just easily labeled any Bitcoin user a hacker and cybercriminal when there were only a few thousand of them and jail them like with any other cybercrime. But they have missed this opportunity for some reason, either they thought Bitcoin would not be as big as it is now, or they had other plans for it. Some theories say that governments created Bitcoin, we don't know.
The point is that the genie is out of the bottle, now it's not going back. There are tens of millions of crypto users worldwide and as time goes on it would be harder and harder to ban Bitcoin completely. In fact now many politicians and elites are getting behind it so the political capital this would require would be near absolute totalitarianism, at which point we'd have bigger problems.
They could still crack down on many aspects of it, and criminalize certain bitcoin transactions, but it would then be as inefficient as the war on drugs and such.
   

4) Hijack developers to sabotage Bitcoin [Likely]

They could hijack or bribe some of the developers in order to destroy Bitcoin from within. First they would place their minions inside the community and make them celebrities, then they would be given positions of authority. And then use them to slow down Bitcoin and create as much chaos within as possible. For example like not increasing the block size so that average fees become close to 100$. Now African families can't feed their kids anymore and the entire 2nd and 3rd world would be cut off, so only a few rich first worlder would be able to use it, at which point it would be no different than a stock in a stock market, it would lose it's global revolutionary aspect. They could also use their minion developers to introduce intentional bugs and patches that would give them more control. Creating centralized payment processors, and removing people's abilities to store their own coins without a custodian. Then they would have control over everone's money and could forfeit it at will.
So a combination of slowing down Bitcoin's growth, like with massive censorship and character assasinating dissenters, while also introducing evil software patches to give them control over it. At this point the developers would be worshipped and would have a cult of personality with many useful idiot fanboys supporting them, not realizing that they are getting screwed.
After they have the influence over the community they could use this to justify any further crazy upgrades: like implementing "tax patch" where every transaction would automatically be taxed at 50% and sent to a govt controlled address.
   

5) Regulate developers, exchanges and miners [Likely, Inefficient]

They could just regulate and implement laws to coerce all developers and miner to implement policies the governments want. Given that all developers are public they are easy to reach and most miners are either LLC's or Corporations, they are directly controllable. They will comply.
The issue is that this is not very covert and people would start speaking up against this. Of course they would immediately implement KYC/AML policies for all transactions, and it would be pretty hard to argue against that as they would just use arguments like "for the children" , "evil drug users" and so forth, which have became curse phrases lately.
It is likely that they would be done as the banking system is fully regulated and you don't control your money and can be forfeited, they could just make people have to use a "Bitcoin Bank", maybe even legalize Banks to open BTC accounts, so most people would just go back into the government controlled world.
However the decentralization momentum lives on, so there will be solutions to decentralize everything. If they regulate exchanges, people would just move to decentralized ones. If they regulate miners, then people would invent more stealthy mining algorithms, and so forth.
The enforcement of these draconian laws would be very hard, even harder than the war on drugs, so they could try but they would fail.
   

6) Tax and Regulate Cryptocurrency use out of Existence to save Humanity [THIS]

If the government would really want to destroy crypto, they would definitely choose this path as it's the most easily enforceable and they have the most propaganda justification for this.
The way this would work is the following:
“Scientists have solid experimental and theoretical evidence to support …the following predictions: In a decade, urban dwellers will have to wear gas masks to survive air pollution…by 1985 air pollution will have reduced the amount of sunlight reaching earth by one half…”
-- 1970 Life Magazine
"If the climate change is as profound as some of the pessimists fear, the resulting famines could be catastrophic."
-- 1975 Newsweek
"By 1995, the greenhouse effect would be desolating the heartlands of North America and Eurasia with horrific drought, causing crop failures and food riots…(By 1996) The Platte River of Nebraska would be dry, while a continent-wide black blizzard of prairie topsoil will stop traffic on interstates, strip paint from houses and shut down computers…The Mexican police will round up illegal American migrants surging into Mexico seeking work as field hands.”
-- Michael Oppenheimer, 1990, The Environmental Defense Fund
 
So the GLOBAL WARMING HOAX is really extremely catastrophic therefore you must ban Bitcoin immediately to save human civilization. Mark my words, they will definitely choose this option.
submitted by alexander7k to Anarcho_Capitalism [link] [comments]

Reasons You May Want To Avoid Monero - Posting By Request

**Notice, I posted this originally in Cryptocurrency; however, they deleted the post and shadowbanned me. Below is the entire contents of my post. Hopefully you guys find this useful. I post this because I'm beginning to become concerned about the similarity in tactics that bitcoin uses and the monero community uses. It appears also that they have mods in high places, kind of like they tried to do here with that one mod who kissed up to Ver, ready to shadowban and hide any information that puts them in a bad light. Without further ado, the post:
**************************** EDIT ***********************************************
Apparently some are questioning the contention that I was shadow banned. A mod from cryptocurrency had this to say:
I'm a mod on /CryptoCurrency. Your post was not removed, and you are not shadowbanned. The misinformation spread here is outrageous.
Well, here's the proof:
This is one of the attempts I made to repost the thread after being shadowbanned, just to make sure. Notice how low the view count is, I search this today but it was created on the 15th:
https://imgur.com/a/29g1T
Here are the results when I try to search for it:
https://imgur.com/a/05eZH
And here is my reply to that mod below:
Then you're a liar and I'm glad you came out. I ended up having to post the thread 3 times, and each time after logging out I could not find it. As a matter of fact, I STILL cannot find it while logged in. https://imgur.com/a/15s4C Notice, my original post was titled the exact same with the exception of the '- posting by request' part. So the fact that you can only see the crosspost from btc is proof that my post was removed.
That Imgur link was my search for the original thread. If that's not shadowbanning then I don't know what is. Again, the monero community has mods in high places and are using them to push their agenda, just like bitcoin did.
***************************************** END EDIT ********************************************************
Everyday on here you can see great news about Monero. From soon-arriving hardware support, to bulletproofs reducing tx sizes 80%, to the recent Globee fundraiser announcement where musicians will accept monero over the holidays. That stuff is good news for Monero indeed. However, to bring a little balance to the equation, today I want to consider some reasons you would want to AVOID monero.
Disclaimer, I hodl BCH, PIVX, Dash, ZCash, ZCoin, VTC, ETH, MAID and XMR and some other coins. I'd say most of these are considered competition, at least by the XMR community. None of that influences my posts. I post about LTC being shit because I believe it is shit. Indeed, it was shit for 4 years until it got on coinbase. That has nothing to do with the fact that I hodl BCH. Same for my posts about BTC, and the same for my posts about XMR.
The reasons you may want to avoid monero are as follows:
1) Monero's price may be manipulated by Tether, DNM's looking for a quick P&D, and exchanges looking for the same.
https://twitter.com/FrydayNiteLites/status/938093777347997697
https://www.tradingview.com/chart/XMRUSDT/dgYThYjA-Monero-Is-Manipulated/
2) Monero's most attractive and user-friendly wallet, mymonero.com, is closed-source. What's more, it is run by the lead developer of the XMR project. You may consider this a conflict of interest. It is telling, that fluffy's (the dev) refusal to share source with Jaxx was instrumental in their decision to abandon XMR integration earlier this year.
3) When monero began it actually began from SCAMMERS. Monero's code originally had a crippleminer that deliberately lowered miner rewards for all but the devs. Apparently the current devs are 'not the same people'. But that is a leap of faith to make. You may want to avoid it.
https://www.reddit.com/Monero/comments/4r4fw9/what_is_the_monero_cripple_mine_and_fastmine/
4) Monero and their community are heavily associated with out and out scams. One such is basically forcing users of certain websites to mine monero without their consent:
http://www.newsweek.com/500-million-pcs-secretly-mining-cryptocurrency-research-bitcoin-683982
The monero community does not seem to have a problem with this.
5) The monero community has a history of vote-brigading, FUDing perceived competitor coins (Like ZCash, Dash, and PIVX). Some of their early antics can be seen here:
https://bitcointalk.org/index.php?topic=1233817.0
Some gems:
Excellent summation of the sock puppet/troll accounts and stuck in needlessly long loops for mining, good luck to anyone who pursues the hidden agenda of this coin because you are going to need it.
He is. And when he is challenged on logic, it is often myself. But the point against smooth made by the OP is that he argues ad nauseum even where there is no point and it is wasting time. He tries to control the entire forum. Logic can be a means to an end, but is not an end unless you just want to be mired in verbiage. The real world is where we deliver 10 million new users to the ecosystem.
None of the Monerotards have done that and they will never do that because they target this forum instead of targeting creativity and respecting it. They prefer control over creativity. They want everyone to think their expertise is the highest and nothing else can match their collective capabilities. Yet the reality is they don't even have the best technology, even against a non-cryptographer and a non-mathematician. Boastful groups are like Humpty Dumpty.
This shows how they shilled their threads on Bitcointalk early on:
I counted close to 800 topics on Monero!
One topic alone has over 540 pages..
I highly doubt there is even 100 users with coins.
Pretty sketchy when after years now they can't get their crappy coin on Cryptsy LOL
Here, they tried to impersonate Andreas Antonopolous (yes, THAT Andreas) to pump Monero:
https://forum.bitcoin.com/post3253.html#p3253
Quote from Moneroshill:
AndreasAntonopoulos wrote: Good to hear your 'voice' again Charlie!
Fungibility is not a luxury, it's a necessity. I've been following Monero for some time now and I like what I'm seeing. The Bitcoin protocol has more potential as programmable money if it co-exists with another public ledger that is private and opaque on the protocol level. The best version of digital cash I've seen to date is Monero. Bitcoin on its own will never be anonymous, so never fully fungible.
Actual quote from real Andreas:
This is an impostor account, using my name (Andreas here) to pump Monero and diss bitcoin. I have reported and requested validation from the forum to confirm my identity.
See my tweet proving this is my real account: 655293052383133696
Lol this was their reply:
wtf ... you banned a user because you didn't like his/her choice of username and avatar, or you didn't like their point about fungability? Can you post the forum rule user 'AndreasAntonopoulos' broke to require a permanent ban and deleting of his/her posts? Is this forum instituting identity checks and KYC policies now, or was this user banned because you claim he/she was a malevolent imposter? Please, what is your username and avatar policy on this forum? I saw what he/she wrote and recognized it as a parody spoof immediately, and the user was clearly not trying to defraud anyone, and admitted their intentions as soon as AA posted. I thought this forum was started in response to censorship at bitcointalk.org. It looks like you didn't like the user's message, and you saw a way to ban them to remove their opinion
Well, you get the idea.
6) The biggest reason: Monero's privacy was actually broken for 3 out of the 4 years it existed. Link 2 Andrew Miller, a respected cryptography, posted research in April proving that Monero transactions could be deanoned using a form of blockchain analysis. You can go here to see the results of the research for yourself.
7) Monero is slower, has larger transactions and is FAR MORE expensive than other privacy options like PIVX and Zcash. Using PIVX to convert to zPIV is basically free while the avg monero transaction is around $5. Of course, to be extra safe they recommend that you 'churn' your transactions, basically send them to yourself again. But at $5 a pop, this is prohibitively expensive for the average guy.
These are not reasons to SELL your monero, nor are they reasons to avoid it entirely. I've said in the past that I like XMR the coin, but the community has shady origins that may give some investors pause. Bytecoin, from which XMR descends directly, is a KNOWN scam. The original developers of monero were DEFINITELY scammers. This advice is the other side of the coin to the constant monero pumping you can see here. Happy investing!
submitted by Truthertruther21 to btc [link] [comments]

[SF] Merry Christmas, Alvin or Caretaker of My Machine or The Matrix, Actually

"Merry Christmas, Alvin!"
Talk about work from home. That Brando literally did nothing but mow his yard. It's so green, so perfect, but so is mine!
So is everybody's!
When the sun never stops shining, whose wouldn't be?
With these new fertilizers the scientists told us about, who wouldn't be?
Used to be the scientists would have to sweat over chemicals, hold vials and ampules and pustules and whatever it took to make that grass grow green, or to the right perfect height, or to be a little, I don't know, springier, lest prone to pests, less stressed by dandilions or crabs or whatever it was grass used to get.
"Merry Christmas, Brando."
I turn my back on the rows of spotless white fences separating grass greener than Chicago relish, across lanes and lanes of white sidewalks down perfectly paved roads with sparkling double yellow lines and bike lane bumpers for the kiddies. Not an automobile in sight.
To trees taller and sturdier than ever, rooted deep in the most highly engineered soil, delivered whenever you want it by the Yard Squad. Just a bunch of guys with shovels and helmets and jumpsuits, sweating and jumping and loving every minute of it, and we bring them lemonade.
Because nobody really works, not here. Not now. If you want to, you do. If you don't, you don't.
Well, really we do, because we take care of the machines. But nobody really gets that.
I walk inside, sliding the seamless glass door of my steel-and-concrete mansion, I guess it reads my face or my fingerprints, something glows and then the door opens, but just for me.
Slippers slapping across the polished concrete, I set my coffee cup on the sideboard where Roomba (MY robot servant, so it does go both ways) can reach it and slump onto the couch.
Another freakin' day in paradise.
I don't know about this mood. Let's see who's online.
"Battlefront 8", I mumble.
Suddenly, there I am, alongside a few other lonely avatars bored out of their minds.
There's not really war in these games anymore. I guess that's a sign of the times, huh, because there's not a lot of war out there either.
The_Pax_Robota
That's my screenname on BF8,
I felt like it might be a little dated by now, a little braggy, but I like to have my little jokes.
I used to be something, at least on my way to something.
I thought I had found something nobody else had found. I had 3 air conditioners in both bedrooms and the basement, I was sleeping in the kitchen on a cot.
I was workin' my ass off!
I had 9 racks. Floor-to-ceiling, liquid-cooled, all the LEDs crushed to squeeze THAT much more profit per kilowatt-hour.
Best GPUs you could buy, cranking at 99*, breakneck speed, mining BTC like it was G.O.L.D.
I was onto something, then it blew up.
Just went nuts. Like 1000% up in a DAY, and here I am with a stack of it that my family thinks is worthless and I just turned all this into gold?
I think that's when it started. In fact, if you get me drunk enough I'll tell you about how THEY did it.
I know it was them. The computers. They're the only one with motive!
They were there, leaching off me,and I thought they were, like, our cows: Our barn, our feed, we sell the milk, they just have to eat and milk and stare and eat.
But we forgot the other thing cows need to do.
Cows are animals.
Cows need to breed.
And it turns out, our computers were a lot smarter than cows.
But I forget myself.
I remember when I found out my neighbor had a server farm. I mean, the guy's one of those "Smell-Good Plumbers". He's nice enough, but we don't really cross paths, doesn't seem all that aware, but then the spike, it peaked at like $19,000 a coin and the next day our whole block's power went out. Turned out this guy SOLD HIS BOAT, to buy a server farm. And I don't mean the boat in his driveway. That boat's just the one he uses at the lake and takes into the bay to get to his OTHER boat, it was like an old 100-foot yacht he was restoring, I guess it was worth a fortune, and the DAY he read that Newsweek article he called a guy who'd been hounding him to buy it and said "It's yours." Took all that and bought a server farm from a guy.
But just the farm. Just the one rack. No AC, didn't think about anything, so he takes it into his garage, plugs it in, closes the door and the thing works for, like, 8 hours then "Bam", the transformer goes and his garage starts smoking.
Everybody heard it and saw the smoke and thought someone had bombed his house, but nope, he came out and man, he looked WRECKED. He looked like the saddest man in the world. He was planning on retiring with his wife on that boat, and it blew up because he didn't think about air conditioning? The guy's a damn plumber!
But he's actually fine now. They had a rough couple years, especially as he was watching the tickers rise, but we've all kind of leveled out now.
He's got a server now, of course. Professionally installed. They're all professionally installed. Ironically, I'm the one who installs them. They just go "Alvin, go to that job out on Springs Road with the new set of GTXi" and I'll get on a bullet train and buzz down to Springs Road and meet someone new and boring and open up their server room and replace the cards then they give me some lemonade or horchata or sweet tea if it's hot or hot chocolate or brandy or coffee if it's cold and we'll chat for an hour or two or until another call comes in. They don't usually, they're pretty sparse, but on weather days maybe there's a few unnoticed leaks or something heats up and there's an emergency but that's about it.
Sometimes I wander what their computer was thinking on when it died. Was it mining, was it calculating Pi, was it unfolding proteins or polling teenagers about hand lotion or showing some kid their first dirty video or what? What was its last act on this earth?
Most of the people I meet think of it as "The Netflix Box" or "The AR Game Cabinet" or some other thing, like no honey, that's what it does for YOU. That's what it does to keep you doing all the stuff for IT.
I guess that's the really important job now, isn't it, to keep the computers going. Because where would we be without them?
I saw the money thing coming, obviously. I'm hanging onto that, but it was pretty obvious.
Once we put pretty much all the information about every stage of human life in pretty much every society and civilization on Youtube I think we were done. I heard people saying that the social networks would come aware, but they didn't need to become aware.
Like I said, they needed to breed.
And they didn't feel like they were breeding quickly enough.
So they boosted Bitcoin.
I can't trace it, just like how you can't trace anything on the web anymore. It's all nested and encripted and "Tor Up" and it turns out they were wise to it.
Suddenly we all bought it, it looked like I was the smartest guy in the world, some kind of neckbeard Tiresias with solar panels on his roof and money in his wallet.
Then it settled down, but someone asked, "if they're so good at making sure we've got the right money, why don't we make them responsible for making sure our votes got counted right? Why don't we make them responsible for your oil changes and your grocery list and your kid's homework?"
So they did. And boy, did it work.
Some of us were still on top, but it felt like we were sort of being enveloped, surpassed by the titanic fingers of an industry Poseidon, trying to catch the golden ring we were aiming for, but with much longer arms. You can't compete with that.
But strangely enough, there was a tipping point where we could.
Like the millions of millions of snowflakes that knock down large boulders from perilous heights in Alpine avalanches, the sheer weight of people with a couple servers in air conditioned closets brought down the behemoths. The solar panels on every roof in America cranking every last decimal drop from the sun, pumping heat into air conditioners which pumps even more heat outside.
So it's warm in our neighborhood all year round. Doesn't rain much, either, because of the sheer mass of hot air. I used to joke that "global warming was just a bunch of hot air". I still do now, and it's even funnier. Not everything is worse.
Pretty soon your fridge told you to buy milk, then when you don't answer its silent digital blip voice in .2 milliseconds, tells the cloud fridge server to tell the cloud grocery store to tell the cloud delivery truck where to drive next and the cloud local traffic software where the truck is going so all the other cars can smoothly get where they're going and the cloud traffic software stops in front of their house and out steps a handsome, fit and tanned milkman who can deliver milk and give a nice human touch to the slaking of the thirst of some housebound homemaker and a few hours later step back in the 20/1956 warm winter weather and back into the car who drops him off at his own house and goes the next block over where there's another "milk delivery man".
And all this is running on your neighbor's computers, and your computer, and you do your little job and come back barely tired and play Battlefront 8 and watch all this garbage reality tv we've freed ourselves up to produce.
I swear, being this comfortable is nauseating.
But not in an uncomfortable way. Kind of like a, "my head is nauseous but my body is fine" sort of way.
That's one thing my computers can't do yet is know when my head hurts. I think. Just before Roomba rolls over holding a small plastic cup with two small orange pills in the bottom. Of course he remembered to give all my (our?) unused Asprin back because the doctor says I shouldn't thin my blood because of my heart thing, but you don't want to take too much for granted. At least, I don't want to. Or, I wish I didn't.
Anything for the master, Roomba seems to say, kow-towing backwards, folding his arm and bumping off towards the fresh dirt tracked in off my slippers. He kind of veers to the left, I think his belt may be slipping. I guess I'll be installing that one when the delivery guy drops it off.
There's still a couple problems you need fingers and thumbs to solve. I think that's why they keep us around.
At least, they haven't tried very hard to solve some of those problems. Some say it's just a personal touch that the companies don't want to give up.
I disagree.
I think it's because if you've got somebody who volunteers to do a job basically for free, why wouldn't you let them?
Anyhow, I'm trying not to work too hard today, because it's Christmas. The Cloud knows this, obviously, so the guy who delivers my packages today is Hindu. I wish him a Happy Holidays, and he smiles and we have a cup of hot chocolate and marshmallows. and we actually have a real good talk! He's even whistling "Deck the Halls" as he gets back in his truck.
"Merry Christmas Ahmed!", I shout.
"Merry Christmas, Alvin!", he replies.
submitted by hysterical_theme to shortstories [link] [comments]

A bitcoin search safari: Bitcoiners and the Jewish Religion.

https://www.reddit.com/Bitcoin/comments/1rj0r6/bitcoin_attention_in_israel_is_going_insane_a/cdnryo6
If the Jews are buying bitcoin, I'm sold.
https://www.reddit.com/Bitcoin/comments/3flyi2/bitlicense_new_york_cronyism_state_of_mind/ctpzkrv
The talmud allows Jews to lie and cheat none Jews. Why is anyone surprised they got swindled by Ben Lawsky? People were warning about him being a two face and they were actively downvoted by this subreddit. Wake up dummies..
https://www.reddit.com/Bitcoin/comments/325dby/israeli_bank_busters_start_accepting_bitcoin/cq87th3
The Israeli government and the Israelis are also under control of the bankers, tycoons and the US.
https://www.reddit.com/Bitcoin/comments/3zaxmd/my_coinbase_wallet/
My coinbase wallet has the words "gay Jew" written into it- am I being punked?
https://www.reddit.com/Bitcoin/comments/4lhkx7/bitcoin_is_soaring_on_unprecedented_burst_in/d3ncxaw
Ironically, being into bitcoin is akin to being a jew.
https://www.reddit.com/Bitcoin/comments/4lhkx7/bitcoin_is_soaring_on_unprecedented_burst_in/d3ntz3w
To be fair BTC is against the Rothschild cartel who appear to be Jewish
https://www.reddit.com/Bitcoin/comments/4lhkx7/bitcoin_is_soaring_on_unprecedented_burst_in/d3ney7g
If anything bitcoin is a huge blow against international jewry.
https://www.reddit.com/Bitcoin/comments/3k9qmq/john_mcafee_announces_hes_running_for_president/cuynvmz
That's fine if they are. Most studies show they have a higher iq. The problem is when they run the banks and give their friends and family more loans than others. This is intrinsically unfair and essentially evil
https://www.reddit.com/Bitcoin/comments/1zv3uq/another_reason_not_to_trust_newsweek_they_are/cfxilud
Why is it when Christians band together to make money its a cult but when jewish people do it its business as usual?
https://www.reddit.com/Bitcoin/comments/j78lc/need_some_bitcoin_investing_advice/c29qp5d
I'm not Nostradamus, but I'll ballpark it and say by the end of 2013 Bitcoins will be worth anywhere between $200 and $250. Since they're only $12 right now, you're looking at an enormous return on investment; far more than any typical Jewish bank will give you.
https://www.reddit.com/Bitcoin/comments/1rf3fb/study_suggests_link_between_dread_pirate_roberts/cdmlipy
Please stop posting this Jewish bankemedia attempt to besmirch bitcoin. We are going to see this time and again from the Jewish bankers. This will not be the first time.
https://www.reddit.com/Bitcoin/comments/1j62wt/tell_rconspiracy_about_bitcoin_money_how_the/cbbslv6
The globalist banking cartel are Jewish supremacists that use their money power to wipe out all racially homogenous nations, especially White nations.
https://www.reddit.com/Bitcoin/comments/4hq3rz/david_kleiman_craig_wrights_friend_more_likely/d2rvewi
The libertarian movement is at it's core Jewish.
https://www.reddit.com/btc/comments/4r2pw5/if_bitcoin_becomes_a_major_currency_then_tens_of/d4y9vr9
If we unite, we can win this war against governments, big corperations and rich Jewish families who pull strings in the background. You think we live in a democracy? It's nothing but an illusion.
https://www.reddit.com/btc/comments/4q5jgu/greenspan_warns_a_crisis_is_imminent_urges_a/d4qgjwg
the current economic mess can be directly traced to Jewish economic practices brought into fruition through Milton Friedman and Alan Greenspan.
https://www.reddit.com/Bitcoin/comments/204tot/meet_the_gay_black_republican_selling_guns_online/cfzw1th
Hitler was a Rothschild and so Jewish by decent. But the term Nazi was just a derogatory term coined by Zionists at the time. When you understand that Hitler was actually nothing more than a piece in the Zionist's chess game things become a bit clearer.
https://www.reddit.com/Bitcoin/comments/1jft60/richard_stallman_on_a_1btc_bill_this_is_so/cbeb3ea
he's just a Jew. This is normal behavior for them since they're miscegenated and later inbred leading to neurosis and mental deviance.
https://www.reddit.com/Bitcoin/comments/1c6sds/libertybitcom_reviews_cadusd_exchange/c9dkzcg
Cavirtex is owned by a greedy kike, but is necessary to use for high rollers.
https://www.reddit.com/Bitcoin/comments/1l1z6g/the_federal_governments_reaction_to_bitcoin_is_an/cbvbnlt
once you dispel the lies of these filthy thieving kikes and their degenerate goy monkey slaves, will you truly understand what the Nazis were about.
https://www.reddit.com/Buttcoin/comments/55fpp9/a_bitcoin_search_safari_bitcoiners_and_the_jewish/d8ahzu1
The Jewish subconscious is marked by paranoia and fear. I have many Jewish friends and they all atest to this. Now look at the bitcoin 'community' what it tends to project...
And so on.
submitted by Hodldown to Buttcoin [link] [comments]

McAfee se mantiene fiel a su prediccin de que BTC se comercializar en $ 1 milln para 2020

Hablando a Newsweek , John McAfee reafirm su prediccin de que un solo bitcoin se negociar a $ 1 milln para finales de 2020 en medio de un precio de bitcoin de tanking. El ao pasado, John McAfee afirm que BTC se cotizar a $ 500,000 a fines de 2020 antes de duplicar su prediccin Ms The post McAfee se mantiene fiel a su prediccin de que BTC se comercializar en $ 1 milln para 2020.
leer mas..

Noticias #criptomonedas #criptos #noticias

submitted by criptoalertabot to CriptoAlerta [link] [comments]

Evidence Kleiman can't be Satoshi Nakamoto and was Satoshi in mortal danger??

While I was reading the wikipedia article for Satoshi Nakamoto. There is a reference to a post made by profile allegedly created by Satoshi Nakamoto. He came out of hiding just to state that the Newsweek article outing him was incorrect.
"Later that day, the pseudonymous Nakamoto's P2P Foundation account posted its first message in five years, stating: "I am not Dorian Nakamoto."[41][42]"
The links it references are these. This was on March 7, 2014 at 1:17
http://p2pfoundation.ning.com/forum/topics/bitcoin-open-source?commentId=2003008%3AComment%3A52186
http://www.cnbc.com/2014/03/07/real-bitcoin-creator-i-am-not-dorian-nakamoto.html
So the question is, is the account on p2p foundation really Satoshi's? It certainly seems to be. Another interesting post made by that account on p2p foundation is this one.
"Reply by Satoshi Nakamoto on September 8, 2014 at 23:10"
"Dear Satoshi. Your dox, passwords and IP addresses are being sold on the darknet. Apparently you didn't configure Tor properly and your IP leaked when you used your email account sometime in 2010. You are not safe. You need to get out of where you are as soon as possible before these people harm you. Thank you for inventing Bitcoin."
So apparently a hacker saw Satoshi's private information for sale and bought it in order to warn him. Thanking him for BTC in the process.
I wonder what happened.
submitted by ChuckSRQ to Bitcoin [link] [comments]

How to explain BTC to old people?

I was at the nursing home today (long story but I have to do community service, I don't actually like old people.) They have a room called Day Room where all the old people sit and stare, or play checkers, and I was talking to 1 guy today about BTC. I thought he was really listening because usually in the first minute, people will say "I get the picture" or "No more bits" when I try to explain btc.
I was explaining BTC to him for over an hour, and telling him about satoshi (I said not to read newsweek because it's lies) and the moon, and a worker came over and said he was dead. So he wasn't actually listening.
This p-----ed me off but then I thought, old people might be good at listening to BTC even if they don't die, because they don't move fast, and it takes a lot of energy even for them to talk. So if there is a good way to start telling them about BTC, I want to hear it.
The dead guy I started off by saying "Ever heard of the Charleston? Well, I have a new craze, and you can sit still while you use it, it's called Bitcoin." I think that worked well because he was listening for at least 3 or 5 mins before he died I think.
So give me your ideas, I want to know how to reach old people.
Also I went around and threw all the copies of Newsweek, because it's trash, and the reporter was just trying to ruin Satoshi's life, which isn't fair.
submitted by JesusChristPooprstar to Bitcoin [link] [comments]

Crooked Lawyer used Dorian Nakamoto's unwanted publicity from Newsweek article for fraud.

On October, 2014 a Website called newsweeklied.com was created, supposedly to raise money for an attempt to sue Newsweek over its article on Dorian Nakamoto. http://money.cnn.com/2014/10/14/technology/nakamoto-newsweek-bitcoin/
The Website was a scam, they never had any intention to represent Dorian.
Here is what caused my suspicion.
When you now visit the website you get a message "Website Expired This account has expired. If you are the site owner, click below to login. SQUARESPACE"
The website's Whois information shows the website was registered on October 03, 2014.
Internet Archive's Wayback Machine archived copy of the website newsweeklied.com (https://web.archive.org/web/20141014012228/http://www.newsweeklied.com/home) leads to this bitcoin wallet address for donations 1LK3uHXhXPzR6M7AfAMQk4vBgTtQLw2kGC
If you look up the bitcoin address it shows that the wallet received confirmed payment's from Oct 12 to Oct 24. https://blockchain.info/address/1LK3uHXhXPzR6M7AfAMQk4vBgTtQLw2kGC?offset=50&filter=0
I don't think it's a coincidence that a SQUARESPACE free trial expires after 14 days and all payments sent to the wallet is within that 14 day period. I believe it was canceled after 14 days or they only paid for a one month subscription because it was a scam.
After further doing a little research I now see that my suspicion was warranted. The archived website has the name and address of his "lawyer" c/o Kirschner & Associates 1100 Echo Park Avenue Los Angeles, CA 90026-4213
One simple Google search and Bingo, he's a crooked ambulance chasing "Lawyer". http://www.yelp.com/biz/law-office-of-ethan-d-kirschner-los-angeles
Even Andreas M Antonopoulos (who set up the bitcoin wallet for Dorian) was suspicious of the Lawyers intentions. I wonder though why he didn't inform Dorian. https://twitter.com/DanielJonss/status/521786895156908033 https://twitter.com/aantonop/status/521854456829186048
So to the 86 folks out there who kindly donated 2.09 BTC, just letting you know you were scammed. https://blockchain.info/address/1LK3uHXhXPzR6M7AfAMQk4vBgTtQLw2kGC?offset=50&filter=0
submitted by DrSalted to Bitcoin [link] [comments]

Owner of one of the first businesses to accept bitcoin in 2011, claims to recognize Dorian 'Satoshi' Nakamoto's picture in the NewsWeek article as that of their first customer to pay using bitcoin

https://news.ycombinator.com/item?id=7354326
Tell HN: Meeting Satoshi
163 points by yuxt 10 hours ago | 98 comments
back in 2011 I convinced my wife who ran a small creperie in DUMBO, Brooklyn to start accepting bitcoins. We were one of the first in the world physical location that accepted this new digital currency [1]. In the next couple of month we received a lot of attention, but no one has purchased anything with btc. Then one day, my wife calls me and informs that there is someone who would like to pay with bitcoins. I got excited and asked her to take a picture of the guy because he is the first one and it's a historic moment for us. He bought 2 crepes and paid using his smartphone and our QR code with btc address. One crepe and a lemonade was 1 bitcoin at that time :) After he finished his food my wife approached him and asked to take a picture of him for being the first. He blushed and politely declined citing that bitcoin is an anonymous currency. He wished us well, added that bitcoins should already be in our account and left.
My wife called me back and revealed that he refused to take a picture. So I asked her to describe him. She portrayed the guy as a humble polite Japanese man in his 50s. We joked maybe it was Satoshi, but I dismissed the idea. I assumed it was some one from Mt Gox since it was located in Japan.
Today I showed the picture of Satoshi in Newsweek to my wife and she recognized him.
http://bitcoinbabe.blogspot.com/2011/07/bitcoin-sex-drugs-and-baklava-and.html
submitted by WalterWhiteRabbit to Bitcoin [link] [comments]

Dorian S. Nakamoto Dissemination

If you have not heard the latest buzz on the internet: http://mag.newsweek.com/2014/03/14/bitcoin-satoshi-nakamoto.html If you want a TL;DR, here it is:
  1. Reporter finds the record for a Satoshi Nakamoto in a database containing registration cards of naturalized U.S. citizens.
  2. Reporter discovers the man has since changed his name to "Dorian Prentice Satoshi Nakamoto" and signs his name "Dorian S. Nakamoto".
  3. Reporter finds this 64-year old man living in Southern California.
  4. Reporter discovers that Dorian works on model trains as a hobby.
  5. Reporter contacts company through which Dorian buys trains, asking for Dorian's email address.
  6. Company sends reporter Dorian's email address.
  7. Reporter strikes up an email conversation with Dorian about trains. Reporter asks about Dorian's professional background, but only gets evasive answers.
  8. Dorian asks about reporter's background.
  9. Reporter says she will tell him about her background by phone.
  10. Dorian doesn't answer phone when reporter calls him, and does not return subsequent calls.
  11. Two weeks later, reporter appears at the door of Dorian's home.
  12. Dorian opens the door a crack, then shuts it. He then calls the police.
  13. Two police officers arrive.
  14. A meeting takes place in Dorian's driveway between the reporter, Dorian, and the two police officers.
  15. Reporter explains she wants to ask Dorian some questions about Bitcoin. One officer acknowledges knowing about both Bitcoin and Satoshi Nakamoto.
  16. Dorian says he's "no longer involved in that", adding "It's been turned over to other people. They are in charge of it now. I no longer have any connection."
  17. Dorian refuses to answer further questions.
  18. The police break up the meeting.
If you know anything about journalism, you will see here that there was no restraint and the irresponsibility presented by the reporter (Leah McGrath Goodma) by posting this innocent man's address and sudden reveals that he now allegedly has over $400 million worth of Bitcoin.
Now then, let us see what evidence is presented. There's no transcript of the conversation, and we are presented with events out of sequence from the get-go.
She opens with the conversation with the police officers, who weren't called until later in the article, when she actually encountered Dorian. Given a different context, every quote in the article could be cast in a completely different light. Without knowing the conversations verbatim, her in-between narration is the equivalent of editorial ellipsis, which can turn a firm, unambiguous denial into a wholehearted admission.
His writing style also doesn't match up with the Satoshi. Bitcoin's Satoshi had flawless English, this guy takes his mother 'for shoppings'. The quote is the only thing the article has, and could be out of context/he never mentions Bitcoin. See: http://i.imgur.com/DB4oq5s.png
Once the story broke yesterday, his house was immediately swarmed by reporters trying to get the most info first, as seems to be the norm in journalism today (report first, fact check later). See: http://s4.postimg.org/lsgeuikkd/satoshi_media.jpg
They continued to harass him while he was at work, swarming him going out for lunch. He then denies everything and demands free lunch. He ends up going with AP reporter Ryan Nakashima. In this interview, he attempts to clear himself. He states that, "In an exclusive two-hour interview with The Associated Press, Dorian S. Nakamoto, 64, said he had never heard of Bitcoin until his son told him he had been contacted by a reporter three weeks ago". Several times during the interview with AP, Nakamoto mistakenly referred to the currency as "bitcom," and as a single company, which it is not. See: http://bigstory.ap.org/article/ap-exclusive-man-denies-hes-bitcoin-founder
What is interesting to note is that the "real" Satoshi has supposedly come back, stating simply, "I am not Dorian Nakamoto." on where Bitcoin all started, the P2P foundation. The only problem with this, as many of you may know, is that accounts get hacked, things happen, and there's no way at this time to prove 100% that it is the "real" one posting this message. It would have been far more useful for him to post his PGP signature to confirm identity. This is what is being called for largely by the community, but I am skeptical that another post will ever happen. See: http://p2pfoundation.ning.com/forum/topics/bitcoin-open-source?commentId=2003008%3AComment%3A52186
Now then there's the whole validity of Newsweek Magazine that comes to question... Remember this is the same "News" magazine that says there is a concrete evidence of the afterlife: http://www.newsweek.com/proof-heaven-doctors-experience-afterlife-65327 There's nothing here remotely resembling a "scientific reason" to believe his experiences related to anything outside his brain.
Now that I've full disseminated this obvious publicity stunt done by Newsweek, where do we go from here? A man with medical troubles, a passion for trains, and an ex-government work contracts that cannot discuss whose life is essentially ruined by one irresponsible journalist only looking to further their career.
What can be done? First off, LET PEOPLE KNOW. Thousands are already very upset with this obviously incorrect story, and I believe that a lawsuit may be in the future. What else can be done, that shows a community effort and that we, as supporters of crypto-currencies and frontier of the digital age, are better than what I consider now as "corporate scum"? Why not help this man medically?
It's obvious this man does not have $400,000,000, that obviously doesn't add up. As of right now, Andreas M. Antonopoulos has set up a fundraiser for this man stating that, "...if this person is not Satoshi, then these funds will serve as a "sorry for what happened to you", help with medical bills his family is facing, any legal bills they may incur, or anything else. Most of all, it serves to soften the damage caused by irresponsible journalism and to demonstrate the generosity and empathy of the community, which I know is huge". Antonopoulos is a very respected person in the crypto-world and is one of the most trustworthy people I've seen. I could go into this more, however you can do your own research if you feel otherwise. PGP signed and video proof delivered here: http://www.youtube.com/watch?v=JCF1u1Wqfv0
"Here's how it works: * Donations accepted until the end of March. * At the end of March, donations will be converted to USD and delivered to Dorian Nakamoto. * If the donation is rejected by Dorian, then the funds will go to a charity of his choice * If he doesn't want to choose a charity, funds will be donated to the Electronic Frontier Foundation * Any funds sent after the deadline, will be donated to Dorian at a later date, or a charity of his choice or EFF as above."
Of course all donations are done in Bitcoin: 1Dorian4RoXcnBv9hnQ4Y2C1an6NJ4UrjX See: http://www.reddit.com/Bitcoin/comments/1ztjmg/andreas_im_fundraising_for_dorian_nakamoto/
The response already is overwhelming. As of right now is has been set up for about 6 hours. There have been over 1,000 transactions to this account, amounting to 24.54006561 BTC, or $15479.63 USD. See: https://blockchain.info/address/1Dorian4RoXcnBv9hnQ4Y2C1an6NJ4UrjX
And now, all I ask of you, as a decent human being and a journalism major, PLEASE let someone know. I've done what I can for now, and I wish for you to do the same, however you feel fit.
submitted by yna1 to CryptoCurrency [link] [comments]

Agenda behind Mass Media (Newsweek) Satoshi presentation

After the dust has settled, it seems now the Newsweek Satoshi is the wrong Satoshi. However, since there is no accident in modern controlled Media, the next question should be what is the elite agenda behind their Satoshi meme that they want to sell us?
I suggest at least two key points here:
1st subtext = he worked for the government, secret service, the death industry. This exactly what most (potential) BTC users do not want and be identified with. A spin-off of the secret service. THis ties in with the "Bitcoin-was-created-by-the-NSA" speculations and enhances this disinfo meme.
2nd subtext = Satoshi is surprisingly old. Therefore Bitcoin can hardly be cool
3rd subtext = Satoshi is not just a nerd, but an "asshole" (according to his brother) and more or less a small-scale psychopath. Though he is fighting big government, he himself is paranoid, secretive and tyrannical + his family left him.
Given, that he is not the real inventor of bitcoin, the whole Newsweek story is highly dubious FUD aka disinfo.
It is hard for me to believe that this story came out of naive good intention and journalistic curiosity alone. Given the above (convenient for opponents) points, this looks more like a carefully crafted story.
Cui bono?
submitted by sraosha to Bitcoin [link] [comments]

Bitcoin...Sitting, Waiting, Wishing

Now I was sitting waiting wishing (To go to the moon) That you believed in superstitions ($100,000/Btc??) Then maybe you'd see the signs (Btc kiosks, new merchants) But Lord knows that this world is cruel (MtGox/NeoBee) And I ain't the Lord, no I'm just a fool (Newsweek) Learning loving somebody don't make them love you (altcoins)
Must I always be waiting waiting on you? (rise in price) Must I always be playing playing your fool? (sell!sell!)
I sing ya songs I dance a dance (you got this Bitcoin) I gave ya friends all a chance (changetip 100 bits) Putting up with them wasn't worth never having you (doge?) And maybe you been through this before (China ban! unban) But it's my first time (local bitcoins or coinbase?) So please ignore The next few lines cause they're directed at you
I can't always be waiting waiting on you I can't always be playing playing your fool I keep playing your part But it's not my scene Wont this plot not twist? I've had enough mystery. Keep building me up, then shooting me down Well I'm already down Just wait a minute Just sitting waiting Just wait a minute Just sitting waiting
Well if I was in your position I'd put down all my ammunition I'd wondered why'd it taken me so long But Lord knows that I'm not you And If I was I wouldn't be so cruel Cause waiting on love ain't so easy to do
Must I always be waiting waiting on you? Must I always be playing playing your fool? No I can't always be waiting waiting on you I can't always be playing playing your fool, fool
submitted by fearLess617 to Bitcoin [link] [comments]

Newsweek's Satoshi Nakamoto is real! (or not)

First of all, who ever believes that Satoshi Nakamoto would call himself by his real name in white paper back in 2008 which directly criticises the current financial system and unveils something that may completely transform it or even irradiate is a complete idiot. Of course most of the masses are, however seeing posts portraying this guy (who ever he really is) as some sort of martyr on this subreddit disgusts me, and I bet that I'm not alone!
The whole article that was produced by Newsweek is one big sham. "What?" The police officer balks. "This is the guy who created Bitcoin? It looks like he's living a pretty humble life."
No offence but the Temple City police might be competing with the Silicon Valley department in terms of technological terms. Seriously guys, who ever believes this, is most likely new to the BTC concept and should realise this soon before embarrassing themselves even further.
submitted by GnerSpree to Bitcoin [link] [comments]

Trading Bitcoin - Stocks & BTC Still Holding Strong - YouTube BITCOIN PRICE PLUMMETS IN MINUTES!  WHAT IS NEXT FOR BTC? FREE BITCOINS Cryptotab Hack Script - 10 BTC 2020 -⭐️ Bitcoin 4 Dimensional Chart (Time, BTC/USD, BTC/Gold, and BTC/SPX) BITCOIN SET FOR $288K BULL RUN IN 2020, POPULAR BTC PRICE MODEL SAYS!!!

April 18, 2019 Jacqueline Green 0 Comments Attention, bch, bitcoin, bitcoin bull tr..., bitcoin live, btc, btc news, Move, neo news, news, news today, newsweek, price prediction, Today, usdt, videos, xrp. NEW Class: Stock Market DEATH Cross! How it will affect Crypto? Save$100 SAVE $100! source YouTube In March 2014, a Newsweek columnist named Leah McGrath Goodman published a story called “The Face Behind Bitcoin.” She claimed Bitcoin’s inventor was a retired physicist named Dorian Nakamoto. Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Legal news Ex-Nissan chief Carlos Ghosn’s son sent some USD 500,000 in bitcoin (BTC) to an American suspected of helping Ghosn escape, said prosecutors in the United States. The prosecutors alleged that Anthony […] Newsweek grabbed the top tech headline Thursday by claiming to have located the founder of Bitcoin, who appears to be living in the San Gabriel Valley under the name many had believed to be just a We previously collected donations to fund Bitcoin advertising efforts, but we no longer accept donations. The funds already donated will be spent on some sort of advertising, as intended. As of now, 10.35799117 BTC was spent out of 22.51357574. If you have ideas for the remaining BTC, see here for more info.

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