Bitcoin Forum

Before anyone decides to start bashing, allow me to introduce myself.

My name is Matt Delorey, currently I am 36 years old. I founded a website formerly known as MassModz.com in 2008. My website and business was shuttered by the FBI in 2010 on charges of wire fraud, conspiracy to commit wire fraud, and breaking into a secure computer network.

I worked single handedly developing and reverse engineering firmware for the Motorola SB6120 cable modem, among other things.

The reason I am bringing this to light at this specific period of time is because without the events taking place globally, nobody would think twice about the things I’m about to tell you as being factual.

Short answer. The government created bitcoin. Specifically, the National Security Agency.

When? 2001. By a mathematician known as Glenn M. Lilly, employed by and under the direction of the NSA.
Why? As a control mechanism to tax, as well as trace each individual with ease.

It’s a lot easier to believe with everything currently happening globally now, government overreach, etc. Which is why I didn’t post this info sooner.


Satoshi Nakamoto is a pseudonym to take any focus you have off the US Government and their intention with crypto-currency. This persons tracks were covered so well, that no government agency or individual has been able to uncover their true identity, until now.

How? Instead of trusting anyone to give me reliable information. I made inquiries, used intuition, and checked a multitude of sources.

My thought process:
If I invented something as monumental as bitcoin, I would take credit for it somewhere. Wouldn’t you?

So, if one were to take credit for something like this, where would they go?
Simple, the patent office. So that’s where I checked.

I discovered the original patent filed on Mar 5, 2001. This of course had not yet taken on the official name of “bitcoin” since it was 8 years prior. Device for and method of one-way cryptographic hashing. Filed by The National Security Agency. Inventor (as stated in the patent): Glenn M. Lilly.

For verification purposes look up patent 6829355 and go over it with a fine tooth comb, just as I did. To come to an actual conclusion.

Bitcoin is intended for governments to have more control over you, while using perpetuated media hyperbole to give you the illusion that it’s a “decentralized” payment network. Tell that to all the AML, and KYC laws... ISP’s can limit transactions based on MAC addresses.

It’s fine as a speculative asset, dangerous long term. It plays into the governments plan for contact tracing, tracking purchases, limiting purchases, etc.

I was also able to obtain Mr. Lilly’s private info, such as social security #, addresses, wife’s name, phone numbers, birth certificate, etc.

If I have to believe you then I will have to believe that government has created a Frankenstein that they are unable to control now. Bitcoin is essentially helping people to overlook the traditional economy and having control over their own finances.

However, this community is not interested in knowing the identity of Satoshi Nakamoto. Because that's not going to bring any impact on bitcoin network which is essentially controlled by millions of miners worldwide. Knowing the identity would not hurt or help bitcoin in any way!

There are hundreds of topics currently created by members in this forum, about "Satoshi Nakamoto", no matter for us 'Satoshi' is NSA, intelligence, UN, astronaut, moon and star.
What is clear is that 'Satoshi' has made changes in the economy of global communities around the world through digital currencies or Bitcoin that you know today.

OP, if you just want to reveal and say about 'Satoshi' it seems you are too late to say it all.
Precisely many people who want to reveal the identity of "Satoshi Nakamoto", but everything ends and is full of nonsense.

OP, we need a little peace of mind to invest in Bitcoin and also face the world currently in the plague, So don't you add the identity of 'Satoshi Nakamoto' which states that he is a monster from space.

is enough everyone needs peace.

Bitcoin for sure help a lot of people when t comes to earning money and that is a fact, however a lot of member of this forum already lost their interest on knowing the real identity of Satoshi Nakamoto because of the fact the there are already a lot of people who claims that they were the creator of Bitcoin, and because of that, many people lost their interest and we cannot identify who is who, and who is the real one.

Right. The only thing we'd do by finding who Satoshi really was is probably damaging his safety if he was an individual who now wants his privacy. But if Bitcoin was created by the NSA to properly track us, I have very bad news for them: Monero exists! :D

Most people don't even care what Bitcoin is, as long as they earn it & its value goes up. If BTC was a gov's plan, then it failed miserably imo. We have mixers, decentralized exchanges and many other ways of hiding our identity.

Wondering though why are there's a lot of thread as of late, pertaining to Satoshi. Where is the new wave coming from and who are the people behind this? Are there people out there trying to destroy Satoshi and his creation? I have my hunch or who are those individuals, but I will keep it to myself. For me, Satoshi has long been gone from the scene and he/she/they chooses to remain like that. And one one to really prove if Glenn Lilly is Satoshi is to sign a message to a known bitcoin address of Satoshi and that's it.

Maybe there are this kind of demolition job to discredit Satoshi himself.

Anyways, we have a lot of likely candidates in the past, but we all know that everyone of them is fake and Satoshi is really good at hiding his identify to the world. But I don't think that people are going to rest in the next ten years and giving us supposedly proof who Satoshi is. But then again, this community has heard so much conspiracy pertaining to the real identity that we grew tired of hearing another one.

Satoshi the entity still controls a vast amount of coins. I can well believe it was a state actor running a grand experiment and sending it out into the world to see what happens. It's no sillier an idea than one obsessive looking to overthrow The Man.

Debunking bits and pieces here ...

...

"Patents by Inventor Glenn M. Lilly" ...

- https://patents.justia.com/inventor/glenn-m-lilly

See:

- https://en.wikipedia.org/wiki/SHA-2

"... SHA-2 was first published by the National Institute of Standards and Technology (NIST) as a U.S. federal standard (FIPS). The SHA-2 family of algorithms are patented in US patent 6829355. The United States has released the patent under a royalty-free license..."

...

See:

- https://en.bitcoin.it/wiki/Block_hashing_algorithm

...

"The whole is greater than the sum of its parts." - (Unknown / Aristotle ?) ...

The OP has assumed that because a motor car has wheels the inventor of the motor car must also be the inventor of the wheel.

As soon as you get Glenn M. Lilly sign a message with one of the known addresses to belong to Satoshi I believe you. And not a second earlier.
As simple as that.

Have a nice day.

You're in the wrong place...
You are telling a delusion. if it is not a delusion, then the evidence must be there. satoshi is still a mystery at this time, whatever people say about him is considered a lie, and I see that his identity does not need to be known and Satoshi certainly does not want anyone to know him.

This time is not he himself claiming to be satoshi but someone claims someone to be satoshi. Not that it doesn't matter who Satoshi is. He matters of course but he will only matter if he can sign a message otherwise this is another kind of CW and we're all fed up to BTC forks that anyone who claims to be Satoshi. If Glenn can't provide proof or anything to contribute I guess not wasting the time of people in the community will be a good contribution.

The originating patent doesn’t suffice?

If he can signed this GPG message using the Public Key. This is available since he starting posting here.

https://bitcointalk.org/Satoshi_Nakamoto.asc

And I thought that Satoshi though is not American because he uses British English? Lol.

Unfortunately not.

As per my previous thread post above, Bitcoin is a technology compiled of numerous parts ...

The patent and 'code' you mention has multiple software application uses (also preceding Bitcoins inception).
- https://en.wikipedia.org/wiki/Cryptographic_hash_function#Applications

See the original Bitcoin whitepaper for Hashcash etc.,
- https://en.wikipedia.org/wiki/Hashcash

...

The true history of Bitcoins development, technology and code might eventually provide us with some further clues though. Example ...

Origins of IRC Bootstrapping
- https://bitcointalk.org/index.php?topic=3409690

...

"What's the S stand for?"  ;)

That is a patent for a hash algorithm that was in use long before Bitcoin existed. To say that the intention of developing SHA-2 was for Bitcoin is ridiculous. Look at this statement from NIST:


Any rebuttals that you may have that are based on other conspiracy fantasies are equally ridiculous.

I understand that, what are you not understanding about it was created before it had its brand name?

It’s also equally ridiculous that the economy is in ruins. Yet bitcoin was introduced at the perfect time for the banking crisis. Sounds like very convenient timing, but you would write it off as coincidence. The economy being shutdown is also ridiculous depending on who you ask. If I’m wrong you’ll know soon enough. Since 9/11 the patriot act was reintroduced to continue spying on Americans and their bank accounts, but you keep living in fantasy land like I’m a crazy conspiracy theorist.

BTW, the patriot act is a real thing. Not conspiracy theory. Let’s talk about how half the country is out of work, as the entire globe struggles with authority. That’s another fact, watch global news and you’ll see. You act like I’m here to spread misinformation. I offered up reliable information showing a clear connection, and you decide to bash on me. Shame on you.

All due respect, you really need to learn how to connect the dots and read between the lines.

KYC/AML laws.
Governments auction bitcoin off. They don’t hoard it.
ISP’s can limit access to specific MAC addresses.
Laundry list of problems with this “currency”, and you’re too biased to see what’s right in front of you, probably because most members posting here have a vested interest in seeing bitcoin succeed.

Strange that government agencies use the hashing algorithm as you just stated, and you think that’s not at all cause for concern?

Mainstream media promoting it as something criminals use, yet they can be easily tracked... clearly it was promoted for a reason, by the MAINSTREAM MEDIA.

I also have a letter from a friend inquiring to the NSA about their involvement in bitcoin, and their answer is convoluted and doesn’t answer the question. Adding more fuel to the fire.

I don’t expect you to keep up, so for those who can, here’s a little more proof... make sure you know how to read before responding about this letter:

https://ibb.co/S3tNbzF

If they didn’t create it, then why is it a secret to answer a simple question... I understand some of you will be in constant denial. And that’s ok, one day you’ll know better.


If they didn’t have any participation in its creation then it wouldn’t be a classified matter... how’s that for a theory.

The message here is that they created it for a reason, and it’s not to do common people any favors.

A typical three letter agency Glomar response ...
- https://en.wikipedia.org/wiki/Glomar_response

"We can neither confirm nor deny that our agency has any records matching your request."

 ::)

You are making 2 mistakes just here:
1 - Satoshi, or whoever created it, is a common individual which would react like other people to questions like this.
2 - He certainly took much more credit (i.e. bitcoins) than we know. He is certainly rich now. Probably a stealh millionaire walking in the streets with thousands of bitcoins in cold storage.

Except that is not the response given in the letter...

They clearly stated “is a currently and properly CLASSIFIED MATTER in accordance with Executive order 13526”. That’s obviously different from the one size fits all Glomar response...

I gave the patent and this clear letter showing they had more involvement in it than even Craig Wright can prove, and yet people still aren’t paying any attention to details or clear evidence.

The good saying, “you can lead a horse to water, but you can’t make it drink” applies here.

The response in the letter is a form of Glomar response and to quote your 'friends' letter ...

"We have determined that the fact of the existence or non-existence of the materials you request is a currently and properly classified matter in accordance with Executive Order 13526 ..."

i.e.

1. The NSA knows who Satoshi is and they are not going to tell you.

2. The NSA don't know who Satoshi is and they are not going to tell you.

3. The NSA is Satoshi and they are still not going to tell you ...

Perhaps your 'friend' might try telephoning the NSA and politely asking the switchboard operator to be put through to Satoshi Nakamoto on Ext. 13526, then when answered try saying "Hey Glenn, hows IT going?" ... If they should ask who's calling tell them your Kevin Mitnick. *Satire*

 :D

...

The Broken - Episode 3
- https://youtu.be/rcWByfwkf4k?t=899

In my opinion the entire financial institution is basically at war with Cryptocurrencies. I mean many central banks all over the world is giving these establishments a hard time I mean the crypto establishments a hard time with their regulations and laws and anything that would limit movement of the assets. Giving this information really does not help in anyway. Patent expires in 25 years and it would now be free real estate for those who want to emulate Bitcoin. It's not helping all us who use it at all.

So a US agency made a payment system available for every person around the world so that it can trace and tax them?

Even if they only cared about US citizens they gave other people around the world a way to transact without the involvement of banks and hide their savings.
Was it a trojan horse for the rest of the world?

What about the people who mined their coins and then transacted with other Bitcoin users? Their identities are not linked to their wallets. Did the NSA forget that the system doesn't work when the ID of a user cannot be associated with a wallet?

So the saga searching for the real Satoshi Nakamoto continues...and this will never stop as long as there is Bitcoin, I guess. I am not saying that a mathematician named Glenn M. Lilly is not Satoshi Nakamoto but at the same time I, for the time being, prefer to not believe that he is. Claiming is easy these days, you just go to this forum, make an account and then, of course, make a post that you already discovered - finally! - the real guy behind the Satoshi Nakamoto mystery but proving your claim beyond reasonable doubt can be another story. In my humble opinion, I think that it is China that made Bitcoin and not USA -- of course I also don't have verifiable evidence for this claim!

1. That’s what it’s starting to look like as each day passes imho. There is a lot of corruption within the government (worldwide), unfortunately the corrupt ones are not stupid. They are all about insurance policies when it comes to control & power. Crypto-currencies will not impose restraint on the governments ability to emit or coin more crypto than exists. If they eventually taxed you directly at your wallet level, what’s to stop them? You see how fast they can make/change laws?

2. Banks work alongside governments, as well as ISP’s, etc. They have been working towards a one world order, and this crypto is just another piece of the puzzle.

On the contrary, most, if not all cell phones or internet connected devices have a “hard coded” MAC/serial number that is tied to an individuals internet service provider, which is tied to someone that showed an ID to open the account, the serial/MAC of that device links the name, directly linking the identity - via multiple steps. They have already started contact tracing for COVID19 by way of an individuals cell phone, imagine the things they are doing and not telling you about.

As far as Trojan horse, anything I say about that would be pure speculation but if you asked for my opinion I would say it’s designed to keep the government in control as they collapse the USD, it keeps their foot in the door so to speak. It gets people comfortable with the idea of using it. “Only criminals use it”, “you can’t be traced”, “it’s anonymous”, etc. And at a time like this, hardly anybody trusts the government, so if you ask me it was perfectly advertised and perpetuated by the mainstream media. Again, that’s just my opinion.

The internet was also invented for military use (NAVY), so everything we do on here (regardless of how “anonymous” you think it is) it’s really not.

3. If one were to guess, it would be collateral damage at the miner level. And all huge mining operations are generally taxed and regulated. Think about the device your using, cell phone, computer, etc. then it will make a lot more sense. Every device has a unique identifier (Media Access Control) responsible for sending and receiving packets. And every device you connect to the internet with a crypto wallet sends and receives packets, as well as packets identifying the user of said device likely via ISP/provider account information. These packets can be intercepted without you ever knowing. This certain 3 letter agency is proficient at it. Without warrants. Therefore, your wallet can be easily directly tied to your actual identity, and it can be done without you ever knowing about it.

Like I said before, these people are corrupt. However, they are not stupid.

I was arrested by the FBI at age 26 so it’s more than likely I know what I’m talking about when it comes to matters of privacy and DOCSIS. I was snitched on by someone who also worked in the same field.

Seems very unlikely. They'd have used a digital US dollar instead, surely? This would meet all of their nefarious requirements without surrendering centralised control.

Depends why he created it, surely? If your aim was to create a decentralised alternative to the corruptions of fiat, then you would surely choose to remain anonymous - otherwise you become an overarching authority.
Alternatively, if you want to create a new financial system mostly to receive and bask in huge personal glory, then you'd go all Craig Wright about it and never shut up - in which case you'd never have been anonymous in the first place.
Makes perfect sense to me that Satoshi is anonymous, and it fits with what bitcoin is.
^^Remember this?

Why on Earth would you want to do that? If you have it, don't share the information.

This is a form letter which the only thing that can be deduced from is that the NSA has denied your friend's FOIA request. The verbiage in this letter can be found in dozens of other examples across the web, several of which are used by conspiracy theorists in support of their theory.

http://www.mountainvistasoft.com/personal/mia/mia-foia-page-1.gif
http://www.mountainvistasoft.com/personal/mia/mia-foia-page-2.gif

While nobody knows for sure if your theory about the NSA inventing bitcoin is true or not, we do know you are not the first person to propose it.

1. It can inspire whatever it wants. If governments mandate exchanges or service providers willingly give out customer data to government. The ISP/carrier can be forced to comply, thereby passing the burden on to the subscriber. It wouldn’t be hard for them to ban wallet apps from the stores either. Take a look at all the AML/KYC laws the exchanges need to abide by. Payment processors as well. A few extra laws could easily shut that whole idea down.

2. Just because law enforcement hasn’t arrested them doesn’t mean much. A lot of criminals are not always very bright and don’t fully understand the technicals of connecting to a network.

3. Those are both illusions when it comes to anything you do online, unfortunately. Speaking of privacy, the NSA headquarters in Ft. Meade is able to receive signals, and no signals are ever broadcasted from them. They monitor and spy on your phone calls without warrants. I know that they without a doubt monitor internet traffic.

I’m glad you brought that up, as the us dollar is on it’s last legs and the federal reserve is about to print it into oblivion it wouldn’t make much sense to create a US $ coin because people wouldn’t have any confidence in it. This is all about centralized control. Doing away with any paper currency (by massive money printing), eliminating the $.

If someone creates a payment network to spy on everyone, that would also constitute an awfully good reason to remain anonymous. Meanwhile throwing controversial curveballs on mainstream media that claim credit to further distract people.

bitcoin is not at all anonymous as you’ve been lead to believe.

I remember the banking crisis in 2008 as well, and the banking crisis we are in now. From the Genesis block they set the framework to warm people up to using bitcoin with that trivial arcane message. You will end up losing more freedom if you fall for it.

I thought I would no longer listen to this type of conspiracy theory, now someone comes to talk about conspiracy theory. All that's left is Faketoshi to appear on this thread and talk about his new version of how he created bitcoin. Wouldn't it be more practical if people concentrated on removing bitcoin of satoshi to serve as proof before talking about other theories?


I'm wondering what it should be like in your house and what your life should be like? do you use phone? I suppose if you use a phone then you speak in code

Anyone capable of reading in bursts of up to 10-20 seconds can figure that out. It has the potential to operate without your real identity being known but you certainly have to work for it and most people can't be bothered or will be near guaranteed to slip up and blow it at some point.

As ever, Bitcoin has the potential to be whatever its users choose or allow it to be. The possibilities are there for it to be a tool of exclusion and surveillance but it can also be the polar opposite if the will exists to create and maintain it.

If they didn't create it government could still be attempting to influence it. It doesn't take much for that to slip away if it's taken in a direction the majority don't agree with.

You are really making some points, but the truth is that nobody would like to believe that the Bitcoin we so much love and we are using today was invented by the government, and that includes me, I wouldn't like to believe that.

While I was reading this I started calculating a lot of things in my mind and they made it seem true, and others made it seem not to be true. You're right about saying that anyone that creates something as good as this would love to take credit, and that's why there has been a lot of people coming out from nowhere and claiming to be Satoshi Nakamoto. And if you check other cryptocurrencies, those that created them are not being kept secret.

take credit. why? if it really takes off you would be a huge target because of the amount of money you control and its direction (having mined so many when it was trivial and no one knew/cared), or taking blame if it tanks eventually and takes peoples fortunes with it. both ways could have serious disadvantages.. to say the least.

if i were satoshi (ha!) i would merely stash coins away here and there in random blocks he certainly could of mined early, but not too early.. once he had the software tweaked more to prevent that fingerprint the early versions left in the nonce (or whatever it was). as anonymously as possible. sneak them out as needed. im sure satoshi could do that and it would set him up for life anyway. i mean how many coins does he need? and he was that good obviously.

but then again im stupid, so my lines of reasoning im sure are flawed.

I do think we won't ever find him until and unless he does come upfront and talk about it , there are actually a lot more people in the line too .

All we know about him is he loves pokemon 😂

Why I think so :
(Ash Ketchum, known as Satoshi (サトシ) in Japan, is a fictional character in the ... As the protagonist of the Pokémon anime)- wiki

Finding id of this guy and checking if he does like Pokemon would be a good start though .

and also added for this that even who is the real Satoshi is?the real score is that This person/s will never reveal
Himself so all of this claims came from?none of this will be legit and only
 bringing issue in the crypto cummunity.
And if Satoshi really wanted to be Known by the crypto community?He will just contact theymos and fors ure this
 is enough to prove that he/They are  still existing but until that happens?all claims are false and FUD.

This is what i wanna say,Respect Satoshi's decision and let the Peace silent
the issue about the real identity of Satoshi nakamoto.

The story seems to be similar to the TOR browser, which was developed by a mathematician of US Naval Research Laboratory employees but latter which turned out to be the browser for surfing the dark web.

Please explain to me how they'd know my ID by knowing my computer's serial number.
The only thing that is tied to my ISP is the IP address, but how does that reveal my identity through the blockchain?

Bitcoin is as anonymous as you make it.


The US agencies have no jurisdiction in my country.

So many scenarios about who is Satoshi Nakamoto, and we will read it again in the future. It is only a sample like the other story that we know, but we still don't know the person behind of Satoshi Nakamoto. If we know who is he/she/they, what we want to do? You want to come to his house and ask him with thousand of the question?

Let Satoshi Nakamoto decide, and if he/she/they still want to hide the identity, please let him stay at the dark without saying any more about that. If one day, he/she/they think that he/she/they need to clarify to the public, he/she/they will come out and tell the truth.

By your statement "If I invented something as monumental as bitcoin, I would take credit for it somewhere. Wouldn’t you?"

This means that CSW is the rightful inventor of bitcoin, then? He really pushes the Satoshi identity for himself to the extremes that even he defies local laws just to tell the world how genius he is.

It is a flawed logic, and does not apply to any and all individual just because your line of thinking is like that. For all we know, Satoshi just really wants to get off the hook as soon as the project got off of the platform--and even surpassed his expectations for it. Perhaps he's just overwhelmed with everything that he had to leave. There are people like that, trust me, that no matter how genius their inventions are, they'd just leave it for others to peruse without even boasting how they did it.

Also, reading on the 'bits and pieces' on the patent 6829355, there's really not much into it apart from SHA-2, which the SHA-256 belongs to. This does not explain the relationship of the patent, the mathematician and bitcoin--not even on the wildest thoughts. Just because I invented the ice cream machine does not mean that I invent other things that peruses my machine.

I didn't notice this the first time around. This points to OP's fundamental lack of understanding of the whole thing, and Satoshi. You don't invent Bitcoin so a few years down the line you get invited to go and bake cakes on TV. 

Packets of info are sent from your modem/connection. This is tied to your name, address, etc. The ISP can see everything you do online. Where do you think those copyright notices come from when people download movies illegally?

I honestly didn’t come here to debate. It’s my intention to make it known, wether or not you believe it is irrelevant because now the info is there for people to decide.

As for Craig Wright he didn’t patent the hashing algorithm, the NSA did. To me what that spells out is they already have it reverse engineered for their benefit.

Case & Point: Russ Ulbricht’s wallet was hacked, and now the DOJ has custody of his 69,000 btc.

If it can happen to the mastermind behind Silk Road, it can happen to you.

Anyone can be hacked or stolen.
But you can make it very unlikely to happen.

What does this has to do with the conversation?
What is your point? If a guy was hacked , I shouldn't use btc?

Additionally,  being hacked is an amazing way to avoid taxes and the government cant confiscate (or extort you) your bitcoins. He might just made up that hack story to avoid the government, NSA etc

If you do not take any precautions then the ISP can see everything you do online.

If you are talking about the recent events Chainalysis was helping the authorities in identifying the coins and they were able to identify the hacker that stole the bitcoins from silkroad and even Ross Ulbricht was aware of the online identity of the hacker and i wont be surprised if that hacker was active in this forum. You need to worry only if you did illegal things and if not there is no need to  :P.

If ANYONE can be hacked or stolen then logic tells me it’s probably not the best place to keep something of value in that particular medium. Unlikely is a dynamic term because new flaws can arise without your knowledge, at any time.

I pointed out the DOJ has custody of the seized coins. It’s relevant because the DOJ used a firm (chainalysis) to effectively spy on and confiscate coins from a user, the hacker.

My point is cryptocurrency as a currency has numerous flaws/points of attack. So if you have anything of value in it you should tread carefully, or choose to hold your wealth in something that has stood the test of time. Crypto currencies have their place and potential, however, given the direction the word is going cryptocurrencies as a whole are a gamble.

That story is all over google if you look for it. Look for Russ Ulbricht wallet and click on news.

What will you as an end user do if the government decides to stop or otherwise limit your transactions for whatever reason they deem to be illegitimate? The government isn’t the end all when it comes to buying/selling goods/services.

The reason cash/barter/gold/silver is better is because you can’t track and tax everything a person does. So if you want to be tracked and taxed then you can but I choose to avoid being taxed and traced. Because let’s face it, are our tax dollars helping communities?

Chainalysis can not confiscate people's bitcoins, they can only de-anonymize them because they do not have any private keys.


Why do you think they're called cryptocurrencies? They are secured by industry-standard cryptography also used by government agencies, so if cryptocurrency does have numerous points of attack as you say, then we have more serious things to worry about like the ability of NSA/CIA/FBI/Five Eyes/MI5 of getting compromised!


First of all Ross Ulbritcht's wallet was not hacked of 69000 BTC. It was in another guy's wallet, and the DoJ legally forced him to surrender the bitcoins to them.


All of the above are taxed and tracked too by the IRS assuming you're in the US, and it's easier for them to find out you're hiding those assets and arrest you, than it is to find bitcoin in an address that they don't know belongs to you.

Quibbles... the DOJ was assisted which led to the identity of the person in possession of the coins, which ultimately led to them being seized. It doesn’t matter how it happened, it should matter that it happened at all.

And his wallet was hacked as outlined by numerous news articles. The DOJ was watching the wallet when it happened which confirms you are being spied on when using crypto’s.

So it’s easier for them to track gold and silver? Please I need to hear this.

ANYONE can be hacked/stolen in ANY medium. The problem is not the medium.
Who would have 69,000 bitcoin in the same address?? Just spread it in 10 different wallets at least if you want to have some safety.

Your bank account can be stolen as well. Your cash. Especially if you don't follow basic security procedures and recomendations.


Bulshit. That is no reason to stop using bitcoin. That is what NSA want you to believe.

Bitcoin doesn't want to replace fiat. It will do something much bigger. People are putting their partial life savings in it. Just like gold, stocks, bonds. And it is working out very well for almsot everyone who is doing it.

Hold  USD or EUR. Buy government bonds at negative interest rates (-0.5% per year). See your savings slowing being eaten by negative rates and inflation.
Or buy BTC and look at the moon.




Much easier.
Most of the gold and silver and called "paper gold" and "paper silver" for a reason: They are Gold backed ETF and Silver backed ETF.
They don't need to be tracked, they just need to be searched in a database to know how much someone owns.

Who the hell is going to store millions of dollars of gold in their wardrobe?  That can be "hacked" much easier than any bitcoin.

You are just contradiction yourself ;)

You do what you want but assuming bitcoin isn’t capable of going to 0 and has been around through every kind of collapse known to man like gold has I’d say you have a lot of catching up to do.

The dollar is going to collapse soon and you assume people will still have electricity or internet to transact? Gold works regardless.

But it’s your money, if you lose it the only person responsible is you. And you would need to rewrite the constitution. Article 1 Section 10.

It matters big time, the coins that were confiscated were Pursuit of Crime and not some investor holding the coins. The situation is clear, if you did any illegal activities with BTCitcoin it will catch up how many years it took to reach the culprit.

There is no clear evidence of this claim that his wallet was hacked, he was a hacker who skimmed off the coins from silk road and he made some deposits in exchanges and that is the reason the authorities were able to pin point him.

So how you are getting those gold and silver, unless you are finding a treasure there will be receipts and transactions that can be tracked if it is a big amount. :P

Just because something is deemed a “crime” doesn’t mean it’s morally correct. The Nazi’s considered it unlawful to house or assist Jews. The punishment was death. So crime or not, individuals should be able to move their money SECURELY without interference from government or prying eyes.

According to the Wall Street journal they say his wallet was hacked so you can argue with them.

How much gold and silver do I have? It could have been passed down from one generation to the next without any trace of who owned it before. It’s clear you don’t understand how precious metals work.

Why do you think people call them “precious”, cause it sounds cute?

SHA2 was the standard recommended 256-bit hash function at the time Bitcoin was created (and still pretty much is). There was essentially no realistic alternative at the time.

There isn't a connection here.

You can also see this theory speculated on this forum years ago and roundly and promptly debunked.

It's funny that nobody is arguing with this video:

https://youtu.be/YdzJTIaVZx8

People aren't arguing with a lot of things because nobody cares.

He's just talking about how phone wallets can theoretically be hacked with malware. That's not a bitcoin problem.

I expect to see more of this post in the future. Since Satoshi Nakamoto has refused to review his identity, I don't care who Satoshi is; I only care about Bitcoin.🥰🥰

This is another of the versions about Satoshi Nakamoto and the bitcoin he created, of which there have been a lot in recent years, and above all on this forum. So much time has passed that it makes no sense to stir up all this, and primarily due to the fact that the person or group of people who previously worked under the pseudonym Satoshi Nakamoto made every effort to remain anonymous.
Whoever created bitcoin and for what purpose, we will be grateful to him, even if it turns out to be the US National Security Agency.