Bitcoin Forum

What do you think of the idea?
How much money do you think could be raised?
Are there any technical difficulties?

And where would this supposed money go?

Even good intended it would become a bounty.

Down the toilet, of course...

I have the same question.

To Satoshi? I really think we have to come up with a better incentive than money.

I hope it's to Satoshi. I can't wait to reveal myself as him as soon as the funding has reached fuck-off money levels.

He deserves the "key to Internet" not money!

http://www.alternatiu.com/wp-content/uploads/2010/11/The-key-to-Internet-Business.jpg


Who would be the person to give him that?

Maybe, we could simply encrypt private keys with Satoshi's PGP Public Key and make them public.
But I think would be cooler having a single heap so that the amount of money raised got really enticing.
Anyway, I think is possible to have it set so that after a certain amount of time the money, if available, is given back.

Blockchain.info and other instant wallet sites could have this functionality: "Public to Satoshi".
It would add that address and its encrypted (with Satoshi's PGP public key) private key to a public list that only Satoshi could make use of.
Actually even clients could have that functionality
I think that would be cool  8)

It would be cooler if he actually moves some of the amount. Nice bait.

I'm guessing he has 100,000+ BTC, so he's probably not motivated by money.

And how could we tell, that it is indeed the private key to that address that's encrypted with Satoshis PGP?
The creator of such address could just keep the priv.key to himself, PGP-encrypt some junk message and tell us anything we are stupid enough to believe. 

To get rid of your coins you can just as easily send them to me.  ;D

ever think if he made a totally anonymous currency...that he's alittle shy? or doesn't want to known? which is kinda kewl cause if i made bitcoin...i'd be strutting like a boss :D

He would probably sweep it all so everyone participating would get to know and be sure it was him moving the money.

Well, the problem is, that you could only tell after all the money is already gone.
The scammer wouldn't even need to hide anymore after Satoshi (IF ever) shows up just to tell us that there is no priv-key encrypted but only a nice "...aaaand it's gone." msg.

Anyway, i don't really see the point in offering Satoshi bitcoins,
maybe he'd be more interested in hookers, or cheese-cake.

I don't want him to come out. I think going into hiding was the best thing for himself and for Bitcoin. I dislike single points of failure and all people (Satoshi included) are fallible. The 'Satoshi' demi-god we talk about so often of course isn't fallible because he isn't an actual person. Satoshi has become a symbol and I would prefer it to stay that  way for the foreseeable future.

There's no Satoshi. He's gone.

Why would you spend time and money trying to collect funds and offering them to a person or persons who chose to remain unknown and move on with their lives?

Why don't you plant a tree, test the next release of the Bitcoin Client, help translate MultiBit, or donate to Bitcoin100? Or donate coins to archive.org?

I believe that Satoshi staying anonymous is the best thing for Bitcoin and likely best for Satoshi.


Sometimes when someone has a great idea and you cannot beat the idea, it is easier to attack the character of the person who had the idea.

"You use Bitcoin? You do know that the creator is a huge racist/homophobe/anti-semite/pervert/<insert your slander here> don't you?"

MLK - womanizer
Mohammad - pedophile
Ron Paul - racist
Thomas Jefferson - slave owner
etc...

Satoshi won't reveal himself until our present catches up with him in the future. Think - if you could travel back in time and needed a system to guarantee you were crazy rich when you returned, Bitcoin would be exactly the system you'd end up with! No startup capital required as an initial investment, no reliance on governments that could take a dive, no inflation, or tax issues, or anything! Just mine a few blocks, help the project get started, and get enough people hooked... then return back to the future famous and super wealthy. Hats off, future Satoshi, who is probably reading this post in the archives, it worked. ;D

oh my brain, it hurts!

So if Satoshi returns before he cashes out his coins, something has gone wrong in the future and his is back to fix it?

He could also just buy Intel stock in the 30'es when they made mechanical calculators at $8.

I think that money could be better used to find out who the federal reserve board members are, all Satoshi did was create a digital currency, this person is hardly the terrifying threat people scream about I don't think, then again, who knows? But it's not like I've seen anything hugely evil come out of Bitcoin, unless of course he's a hacking master and somehow planted a super secret virus that's going to take over everyones computers.

http://www.federalreserve.gov/aboutthefed/default.htm

Please remit the moneys to the adress below.

one heck of a random group of people there.....

A Nobel Prize in Economics is much better than money as incentive for Satoshi to reveal himself

Leave the Prophet alone

If Satoshi were willing to reveal himself for money, wouldn't it make more sense for him to just cash out his holdings?

Anyway, if Satoshi came back, he'd probably end up with the SCAMMER tag because of some obscure bug two years ago which caused loss of 6,000BTC which Satoshi refuses to pay for.

You still haven't figured it out?

http://www.weidai.com/bmoney.txt

This has already been discussed and it's not Wei Dai.

Just people I could think of off the top of my who had an idea or principles that were attacked not on the beliefs but on the person's character.

Just no way for him to reveal his identity.

The small group of early adopter hold together at least 1M
I bet satoshi holds 250K buried 15 feets under is garden.

It will never be safe, nor his family
$5M just on a private key... (or 10 ok)

In 5 years maybe, with a better security or a better BTC legitimacy.

His address seems too recent and low on funds... http://blockchain.info/address/1AkqxLJn8H6Cg5VAaYijzj7hQUSeM2LJ3r?sort=1

At least someone who had a similar idea without puting it in practice sees Bitcoins' value intead of being jealous because someone else did it. Or maybe... ;D

I googled around about Wei Dei and his "bmoney" idea is quite complete. The proof of work principle is the later addition by Satoshi. So if it's him, he just made up an alias and added the last detail? Why not just publishing the proof of work idea as Wei Dei and then start with the white paper under the alias? Unless he believed that giving the impression of two different people was clever.

Methinks the lady doth protest too much.

So let's begin to use the donation to promote awareness in economics circle? :)