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Bitcoin => Bitcoin Discussion => Topic started by: jubalix on January 10, 2014, 01:34:18 PM



Title: Satoshi a rather unique event.
Post by: jubalix on January 10, 2014, 01:34:18 PM
I am struggling to think of anyone else who has done what satoshi has achieved.

Without standing before a bank,  venture capitalist, wealthy person, angel investor, a buy out, satoshi has made available to himself likely millions if not billions  and created a multi billion concern heading to the trillions.

That is the power of the idea/code.

The rest,
Gates
Zugerberg
Jobs
Ford
<insert anyone you care to think of>

all had to get money, capital, from someone.

Satoshi did not only not do this, she/he/it/they did this with anonymity.

I would be interested in any historical person that has achieved anything similar


Title: Re: Satoshi a rather unique event.
Post by: Parliament on January 10, 2014, 01:50:28 PM
I think Satoshi takes the cake for "amount of money earned anonymously".


Title: Re: Satoshi a rather unique event.
Post by: BitCoinDream on January 10, 2014, 03:05:12 PM
I am struggling to think of anyone else who has done what satoshi has achieved.

Without standing before a bank,  venture capitalist, wealthy person, angel investor, a buy out, satoshi has made available to himself likely millions if not billions  and created a multi billion concern heading to the trillions.

That is the power of the idea/code.

The rest,
Gates
Zugerberg
Jobs
Ford
<insert anyone you care to think of>

all had to get money, capital, from someone.

Satoshi did not only not do this, she/he/it/they did this with anonymity.

I would be interested in any historical person that has achieved anything similar


Thousands of people are watching his address everyday. How can he use his fortune staying anonymous ?


Title: Re: Satoshi a rather unique event.
Post by: jubalix on January 10, 2014, 03:22:05 PM
I am struggling to think of anyone else who has done what satoshi has achieved.

Without standing before a bank,  venture capitalist, wealthy person, angel investor, a buy out, satoshi has made available to himself likely millions if not billions  and created a multi billion concern heading to the trillions.

That is the power of the idea/code.

The rest,
Gates
Zugerberg
Jobs
Ford
<insert anyone you care to think of>

all had to get money, capital, from someone.

Satoshi did not only not do this, she/he/it/they did this with anonymity.

I would be interested in any historical person that has achieved anything similar


Thousands of people are watching his address everyday. How can he use his fortune staying anonymous ?

Good point, though are we sure all the BTC he mined is non those addresses, or did not by 100K in 2010 onto other address. I know I would have.


Title: Re: Satoshi a rather unique event.
Post by: Ilanoh on January 10, 2014, 03:34:18 PM
What if he is dead by now?


Title: Re: Satoshi a rather unique event.
Post by: jubalix on January 10, 2014, 04:05:14 PM
What if he is dead by now?

who knows just for fun though

<tinfoil hat on>
AI invented ...takes look around and goes well this is a bit of a clusterf...k...time to fix.
lets adopt a British idom under a Japanese Pseudo name, write a backstory, and 100 seconds later bitcoin is finished, white paper ~ forum done.
</tinfoil hat off>


Title: Re: Satoshi a rather unique event.
Post by: empoweoqwj on January 10, 2014, 04:29:43 PM
I am struggling to think of anyone else who has done what satoshi has achieved.

Without standing before a bank,  venture capitalist, wealthy person, angel investor, a buy out, satoshi has made available to himself likely millions if not billions  and created a multi billion concern heading to the trillions.

That is the power of the idea/code.

The rest,
Gates
Zugerberg
Jobs
Ford
<insert anyone you care to think of>

all had to get money, capital, from someone.

Satoshi did not only not do this, she/he/it/they did this with anonymity.

I would be interested in any historical person that has achieved anything similar


Obviously he has done something completely unique. Invented digital money, remained anonymous,  got rich etc etc.


Title: Re: Satoshi a rather unique event.
Post by: x86Daddy on January 10, 2014, 04:46:14 PM
Here's another fun thought... Satoshi is not the only person to do something like this... only the first.  Peer to peer, encrypted systems can and will change everything... and some early adopter nerd types just got bankrolled by playing with Bitcoin a few years ago.  They can retire and do fun projects now, inspired by Satoshi's breakthrough.  Bitcoin is the tip of the iceberg, but the very best thing to happen first along these lines.


Title: Re: Satoshi a rather unique event.
Post by: empoweoqwj on January 10, 2014, 05:06:27 PM
Here's another fun thought... Satoshi is not the only person to do something like this... only the first.  Peer to peer, encrypted systems can and will change everything... and some early adopter nerd types just got bankrolled by playing with Bitcoin a few years ago.  They can retire and do fun projects now, inspired by Satoshi's breakthrough.  Bitcoin is the tip of the iceberg, but the very best thing to happen first along these lines.

Or buy lambos :)

btw, not having a go ..... I would buy one too if I had the coins :)


Title: Re: Satoshi a rather unique event.
Post by: BitcoinBarrel on January 10, 2014, 05:17:26 PM
Hooray for Satoshi! The Robin Hood of the New Millenia! He did not need force or an army to accomplish his task. Through mere talent and ingenuity, this man allowed free market to thrive once again. He has given the people their livelihoods back.


Title: Re: Satoshi a rather unique event.
Post by: Kungfucheez on January 10, 2014, 05:24:00 PM
I think Satoshi takes the cake for "amount of money earned anonymously".

Agreed. For someone or some group to make millions while not really contributing to anything, he certainly does take the cake.


Title: Re: Satoshi a rather unique event.
Post by: jubalix on January 10, 2014, 09:03:28 PM
I think Satoshi takes the cake for "amount of money earned anonymously".

Agreed. For someone or some group to make millions while not really contributing to anything, he certainly does take the cake.

your kidding right, do you have any idea the order of magnitude of the contribution has made!



Title: Re: Satoshi a rather unique event.
Post by: daneel2 on January 10, 2014, 09:46:09 PM
satoshi is interesting only because it is anonymous. could be first anonymous billionaire although it would be by definition impossible to prove.


Title: Re: Satoshi a rather unique event.
Post by: Nancarrow on January 10, 2014, 10:23:19 PM
Agreed. For someone or some group to make millions while not really contributing to anything, he certainly does take the cake.

Bitcoin either has value or it doesn't. If he hasn't contributed anything, he hasn't made millions. But he has, so he has.



Title: Re: Satoshi a rather unique event.
Post by: GigaCoin on January 10, 2014, 10:25:27 PM
satoshi is interesting only because it is anonymous. could be first anonymous billionaire although it would be by definition impossible to prove.

there are hundreds of anonymous billionaires in the underworld.


Title: Re: Satoshi a rather unique event.
Post by: Kungfucheez on January 10, 2014, 10:40:25 PM
Agreed. For someone or some group to make millions while not really contributing to anything, he certainly does take the cake.

Bitcoin either has value or it doesn't. If he hasn't contributed anything, he hasn't made millions. But he has, so he has.



What exactly is the contribution he's made.


Title: Re: Satoshi a rather unique event.
Post by: empoweoqwj on January 11, 2014, 02:52:37 AM
Agreed. For someone or some group to make millions while not really contributing to anything, he certainly does take the cake.

Bitcoin either has value or it doesn't. If he hasn't contributed anything, he hasn't made millions. But he has, so he has.



What exactly is the contribution he's made.

err ... he invented the idea of bitcoin. Read his research paper :)


Title: Re: Satoshi a rather unique event.
Post by: Nancarrow on January 11, 2014, 03:52:05 AM
Agreed. For someone or some group to make millions while not really contributing to anything, he certainly does take the cake.

Bitcoin either has value or it doesn't. If he hasn't contributed anything, he hasn't made millions. But he has, so he has.



What exactly is the contribution he's made.

He invented a cryptocurrency - in fact the first of its kind. You might have heard of it. Also, the point I was making, which you seemed not to grasp, is that his wealth IS IN THAT CRYPTOCURRENCY. So he doesn't actually have a huge amount of wealth unless Bitcoins are valuable. And if they are valuable, that answers your question of what he has contributed. Do keep up.


Title: Re: Satoshi a rather unique event.
Post by: Georgio on January 11, 2014, 04:00:06 AM
satoshi is interesting only because it is anonymous. could be first anonymous billionaire although it would be by definition impossible to prove.

there are hundreds of anonymous billionaires in the underworld.

Most probably there is also anonymous trillionaires. Atleast one.

About Satoshi I can compare him with Nicola Tesla.



Title: Re: Satoshi a rather unique event.
Post by: Kungfucheez on January 11, 2014, 04:03:14 AM
Agreed. For someone or some group to make millions while not really contributing to anything, he certainly does take the cake.

Bitcoin either has value or it doesn't. If he hasn't contributed anything, he hasn't made millions. But he has, so he has.



What exactly is the contribution he's made.

He invented a cryptocurrency - in fact the first of its kind. You might have heard of it. Also, the point I was making, which you seemed not to grasp, is that his wealth IS IN THAT CRYPTOCURRENCY. So he doesn't actually have a huge amount of wealth unless Bitcoins are valuable. And if they are valuable, that answers your question of what he has contributed. Do keep up.



At 850 USD a bitcoin, I'd call that pretty damn valuable.

I haven't made you angry, have I?


Title: Re: Satoshi a rather unique event.
Post by: jubalix on January 11, 2014, 10:58:10 AM
Agreed. For someone or some group to make millions while not really contributing to anything, he certainly does take the cake.

Bitcoin either has value or it doesn't. If he hasn't contributed anything, he hasn't made millions. But he has, so he has.



What exactly is the contribution he's made.

I wish bitcoin was centralized right now so we can take your bitcoin away. See this is exactly why I hate mainstream, keep Satoshi alive in spirit! PLEASE.

I know, I know, the masses....

Its called the blockchain, useizeable wallet / wealth, no counter party risk, distributed opt in, store of value, multi sig all open source.


Title: Re: Satoshi a rather unique event.
Post by: marcus_of_augustus on January 11, 2014, 11:21:39 AM
This is very valid point ... it is now possible for a single idea, implementation to completely change the world and upend the reigning power structures ... and it could happen anytime again in the future. No more can the incumbents feel so comfortable that better idea/technology is only one good coding away from tossing them into the biin of history.

Satoshi makes Zuckerberg and Gates look like pikers, imho. Social networks? OS? meh ... let's overhaul money.


Title: Re: Satoshi a rather unique event.
Post by: jubalix on January 11, 2014, 12:40:11 PM
This is very valid point ... it is now possible for a single idea, implementation to completely change the world and upend the reigning power structures ... and it could happen anytime again in the future. No more can the incumbents feel so comfortable that better idea/technology is only one good coding away from tossing them into the biin of history.

Satoshi makes Zuckerberg and Gates look like pikers, imho. Social networks? OS? meh ... let's overhaul money.

exactly, satoshi has put them in the shade. Very dark shade


Title: Re: Satoshi a rather unique event.
Post by: KawalGrover on January 11, 2014, 02:02:21 PM
Here's another fun thought... Satoshi is not the only person to do something like this... only the first.  Peer to peer, encrypted systems can and will change everything... and some early adopter nerd types just got bankrolled by playing with Bitcoin a few years ago.  They can retire and do fun projects now, inspired by Satoshi's breakthrough.  Bitcoin is the tip of the iceberg, but the very best thing to happen first along these lines.

I concur. What Satoshi has done is create a morpho-genetic field on how to allow to crowd-source the middle-man. Its like breaking the 4 min mile barrier. Once it was done, then a lot of people started doing it. Bitcoin was that effort that broke through a barrier, but it learnt from everything before it that didn't. And now, the innovation is on the side of open systems that are in the best interest of people rather than the middle-men.

The creators of MasterCoin, PeerCoin and NXTcoin have all done just that. Without going to any venture capitalist, old money hoarder, they have created wealth and systems that benefit humanity in huge ways yet provide immense wealth for the creators too.



Title: Re: Satoshi a rather unique event.
Post by: 2bfree on January 11, 2014, 04:30:28 PM
To me Satoshi is #2 after Tesla but right up there! If there is 1 thing that gives us great hope is killing the evil that central banks are they are the source of most of the misery on this planet and Satoshi found a way to start chipping away at them! Tesla tried to give us free energy, and if he had computers and the internet back then I'm sure he would by for decentralized money!


Title: Re: Satoshi a rather unique event.
Post by: btbrae on January 11, 2014, 05:10:52 PM
He could have sold private keys contractually with a wait agreement. Nobody has proof that Satoshi's original coins are still under his control, as such they may well be under somebody else's.


Title: Re: Satoshi a rather unique event.
Post by: xdigital on January 11, 2014, 06:11:08 PM
He will wait until there is a platform that you can move bitcoin without being traced, before he take them out and spend.
Or he probably is currently developing one right now.


Title: Re: Satoshi a rather unique event.
Post by: cdog on January 11, 2014, 10:42:06 PM
He is obviously super intelligent and would have no problem earning a high salary in nearly any field of his choice.

So, Satoshi doesnt need his Bitcoins. Hes already very well off and being highly intelligent and fairly nerdy, probably not of the lambo-yacht buying breed.

My guess is he will use his Bitcoins to help humanity, by giving them to charities. Basically like Bill gates, but anonymous. He is a modern day superhero.


Title: Re: Satoshi a rather unique event.
Post by: augustocroppo on January 11, 2014, 11:18:28 PM
Well the invention of bitcoin has allowed a number of speculators people to profit from save millions of dollars through almost free transactions. If you don't want to call the a major contribution then I'm not sure what to tell you.

That, corrected for you.


Title: Re: Satoshi a rather unique event.
Post by: augustocroppo on January 11, 2014, 11:22:49 PM
The creators of MasterCoin, PeerCoin and NXTcoin have all done just that. Without going to any venture capitalist, old money hoarder, they have created wealth and systems that benefit humanity speculators, crooks and con artists in huge ways yet provide immense wealth profit for the creators too.

That, corrected for you.


Title: Re: Satoshi a rather unique event.
Post by: 2GOOD on January 12, 2014, 12:19:43 AM
He is a modern day superhero.

hmm that reminds me of Hiro Nakamura  ::)


Title: Re: Satoshi a rather unique event.
Post by: empoweoqwj on January 12, 2014, 02:40:09 AM
The creators of MasterCoin, PeerCoin and NXTcoin have all done just that. Without going to any venture capitalist, old money hoarder, they have created wealth and systems that benefit humanity speculators, crooks and con artists in huge ways yet provide immense wealth profit for the creators too.

That, corrected for you.

lol, yes, cynical but oh so true ;)