I want to have "Passive Income"
I will raise capital to build a business that can provide me with passive income, so in my old age I do not need to work to earn money, how about you?
do you have an idea to build a business that can provide passive income with minimal capital?

Bitcoin has now reached in some countries in AFRICA and this is very good to bitcoin users. An ATM machine for bitcoin has been launched in kenya and so lets call bitcoin a long last crypto currency for ever. it will stay.

Who is Satoshi Nakamoto ?

Satoshi Nakamoto is a talented cipher and coder.
Wrote the whitepaper on bitcoin "Bitcoin: A Peer-to-Peer Electronic Cash System" and published it on the cypherpunks mailing list in October 2008
Developed the code for bitcoin and founded https://bitcointalk.org
He used an e-mail address and a web site that is untraceable.
In 2009 and 2010, he wrote hundreds of posts in flawless English.
He invited other software developers to help him improve the code, and corresponded with them,
He never revealed any personal details.
Stefan Thomas, a Swiss coder and active community member, graphed the time stamps for each of Nakamoto's bitcoin forum posts and found:
He made almost no posts between the hours of 5 a.m. and 11 a.m. Greenwich Mean Time.
In April, 2011, he sent a note to a developer saying that he had “moved on to other things.” He has not been heard from since.

His birthday is said to be on April 5, 1975 according to this post.
(But it is likely that he didn't select his real birth-date)

His writing is clean, with few typos.
He shows a high proficiency in English. Making very few mistakes.
After his first post, in which he used American spelling, he switched to English spelling for all the rest.



Was Satoshi a good coder ?



Someone hacked Satoshis email account to try and discover who he is:
https://bitcointalk.org/index.php?topic=2062951.0

There are websites dedicated to preserving the writings of Satoshi Nakamoto:
https://satoshi.nakamotoinstitute.org/
http://satoshinakamoto.me/
The Dai / Nakamoto Emails:
https://www.gwern.net/docs/bitcoin/2008-nakamoto

Satoshi Nakamoto translated (meaning) https://steemit.com/bitcoin/@decentro/satoshi-nakamoto-a-comprehensive-translation-of-an-enigma


https://bitcointalk.org/index.php?topic=399281.msg4336076#msg4336076

Lots of people have been suspected of being Satoshi:

People who corresponded with him have all been named as suspects:

‎Hal Finney, Martti Malmi,  Adam Back, Michael Marquardt, Gavin Andresen and Wei Dai.

But in doing so are we minimising those individuals own contribution to Bitcoin.
They may not be the founder but they are the apostles.

Bitcoin is a collaboration of efforts based on a combination of ideas all consolidated in this whitepaper
It was then executed by a group of individuals, both identified and anonymous.


Many threads with some compelling arguments have been made about it.

I'm not going to duplicate the theories but have instead provided the links to various theories on here:

People or organisations that have been suspected of being Satoshi:

Charles Bry, David Chaum, Neal J. King, Shinichi Mochizuki, John Nash, Tatsuaki Okamoto, Vladimir Oksman, Gavin Andresen, Andreas Antonopoulos, Peter Bachman, John Perry Barlow, Doug Barnes, Michel Bauwens, BCNext, Tim Berners-Lee, Jim Bell, Kay Bell, Tamas Blummer, Nicholas Bohm, S. Boxx, Stefan Brands, Eli Brandt, Greg Broiles, Patrick Byrne, Jan Camenisch, Arthur Chandler, Jim Choate, Igor Chudov, Bram Cohen, Nick Collision, Matt Corallo, Geoff Dale, Luke Dashjr, L.Detweiler, Whitfield Diffie, Ray Dillinger, Jamie Dinkelacker, James A. Donald, Dooglus, Barry Downey, Evan Duffield, Vincent Durham, Tony Eng, Dan Fabulich, Niels Ferguson, Paul Ferguson, Amos Fiat, Art Forz, Matthew Franklin, Patri Friedman, Curtis D. Frye, Tony Gallippi, Jeff Garzik, Matthew Gaylor, John Gilmore, David Gordon, James Orlin Grabbe, Ron Gross, Ashish Gulhati, Laszlo Hanyecz, Martin Hellman, Michael Hendrix, Eyal Hertzog, Robert A. Hettinga, Eric Hughes, Mike Ingle, David Irvine, Douglas Jackson, Victor K., Jeff Kane, Mark Karpeles, Sunny King, Steve Klingsporn, Con Kolivas,  Dave Krieger, Nick Lambert, Matthew B. Landry, Laurie Law, Charles/Charlie Lee, Vili Lehdonvirta, Hendrik Lenstra, Romana Machado, Michael Marquardt, Yossi Matias, Gregory/Greg Maxwell, Timothy C. May, Jed McCaleb, Stanton McCandlish, James McCarthy, Jim McCoy, Alfred J. Menezes, Perry E. Metzger, Jude Milhon, Max More, David Naccache, Daniel A. Nagy, Dorian Prentice Satoshi Nakamoto, Moni Naor, Satoshi Obana, Kazuo Ohta, Donald O'Mahony, Jackson Palmer, Torben Pedersen, Michael Peirce, Jean-Marc Piveteau, Naval Ravikant, Ben Reeves, Ron Rivest, Meni Rosenfeld, Nikolay Rozhok, Gary Rowe, Susan Sabett, Mayank Sahu, Steve Schear, Andreas Schildbach, Nils Schneider, Berry Schoenmakers, Adi Shamir, Carol Shaw, Charlie Shrem, Barry Silbert, Jerry Solinas, Markus Stadler, Bill Stewart, Patrick Strateman, Aaron Swartz, Amir Taaki, Yael Tauman, Hitesh Tewari, Will Thomas, Peter Todd, Zhou Tong, Dustin D. Trammell, Patrick P. Tsang,  Wladimir J. van der Laan, Thomas Vartanian, Roger Ver, Paul Vernon, Sebastiaan von Solms, Erik Voorhees, Michael Weber, Russell E. Whitaker, Zooko Wilcox-O’Hearn, Peter Wuille, Moti Yung, Phil Zimmerman, Haibin Zhang, Theymos, Marti Malmi , Hal Finney #1 , #2 ' Nick Szabo #1, #2, #3,Mike Hearn,Michael Clear,Dave Kleiman,Not Wright or Kleiman (good post), Craig Steven Wright #1, #2,Ross Ulbricht, Julian Assange,Wei Dai, Ben Laurie, Nick Szabo, Adam Back, Japanese mathematician Shinichi Mochizuki,#1, #2


Craig Steven Wright lawsuit by Dave Kleiman Estate
https://www.scribd.com/document/372445546/Bitcoin-Lawsuit (external link)

Private key for the GENESIS block hidden in these equations?



IBM, DARPA, Google

FBI, CIA, NSA, MI5, FSB, Mossad

YOU ?

Articles involving writing analysis:
Bootstrapped Gavin: Satoshi Nakamoto’s identity revealed!
Research on Satoshi Nakamoto identity

Forbes journalist, Andy Greenberg discovered that a man by the name of Dorian Nakamoto, (born Satoshi) was living only a few blocks from Hal Finney. (The man who received the first bitcoin transaction)



https://bitcointalk.org/index.php?topic=769004.0 Dorian Nakamoto and Hal Finney



The impact was so adverse on Dorian Nakamoto that Andreas Antonopoulos ran a fundraiser for him.
Check fundraising address here: https://blockchain.info/address/1Dorian4RoXcnBv9hnQ4Y2C1an6NJ4UrjX  (Given to him in March 2014)

 Most comprehensive list of suspects.

Conspiracies:

Conspiracy theories
Gavin Andreson and the CIA killed Satoshi
Satoshi is an AI robot

Frauds:

a fake Satoshi replied
another fake Satoshi
"Satoshis spokesperson" -Miss Roselyn Hamilton
Craig Wright “Mr Fake”
Convicted fraudster Ronald Keala Kua Maria
Satoshi is writing a book
Paper: Duality: An excerpt

There is a theory that the name is made up of common industrial companies.



SA            TOSHi  NAKA        MOTO
Samsung Toshiba Nakamichi Motorola

If Satoshi Nakamoto wanted to be known by another identity it is up to him or her to make that move. It is clear from the writing that they were deeply concerned about privacy.

Here are the writings of the real Satoshi



https://www.reddit.com/r/Bitcoin/comments/229qvr/happy_birthday_satoshi_nakamoto/


https://bitcointalk.org/index.php?topic=775174.0

The current most popular theory:

Satoshi Nakamotos' current github is showing a photo of Dave Kleiman
https://github.com/satoshinnakamoto




https://ftalphaville.ft.com/2016/05/02/2160632/oh-my-craig-wrights-keys-of-revelation/

This in combination to the claims made in the Dave Kleiman Estate lawsuit against Craig Wright makes Dave Kleiman the current most plausible suspect.

Craig Wright filed a motion to dismiss

But I'm still skeptical of the claim because it is reliant on Craig Wrights testimony. In my opinion he has a $54 million reason to lie.

Adresses debunked: https://blog.wizsec.jp/2018/02/kleiman-v-craig-wright-bitcoins.html

Has Craig Wright Committed Perjury? https://hackernoon.com/has-craig-wright-committed-perjury-new-information-in-the-kleiman-case-cbaaf2628e93

Wright claimed AU$54 million in tax rebates for R&D in 2014/15. That is a lot of motive for a hoax. https://www.businessinsider.com.au/the-australian-who-may-have-invented-bitcoin-claimed-to-have-landed-54m-in-taxpayer-funded-rebates-2015-12

Wrights own mother claims he has a habit of lying: http://archive.is/kjuLi#selection-1655.0-1655.94

Craig Wrights MtGox account also is not that of a "whale" https://np.reddit.com/r/Bitcoin/comments/4hx3q9/according_to_the_mtgox_leaks_from_early_2014_our/

Wright also claimed to have a  PhD in computer science with Sydney's Charles Sturt University (CSU). But the university denied ever handing him a Phd.

Cybersecurity firm Wizsec dismisses the Wright claims on which the Kleiman lawsuit is based as "fantasy" https://blog.wizsec.jp/2018/02/kleiman-v-craig-wright-bitcoins.html

My conclusion:

I rather not know. I think the mystery makes it more intriguing. Some legends are better as legends. Like Merlin and Robin Hood.

Further reading:
https://www.newyorker.com/magazine/2011/10/10/the-crypto-currency



This is a work in progress, corrections and additions are welcome.  
Sources: UsernameBitcoin, AGD

Anyone can call it ponzi scheme and fraud but if you think of it, everything worldly is fraud. You buy apple products with thousands of dollars but how much are they really worth? Why would people give out thousands of dollars for a macbook when they can buy a laptop for $300? Is it really worth that much or is it just another ponzi scheme that apple is bringing to the world better gadgets than any other brands? So we're talking about bitcoin now. What are we really paying for when we buy bitcoin? We pay for an online program and the people running the program helping transactions go through, or we call mining. Miners put in so much time and most especially the cost of mining is so much. That is merely the reason why bitcoin will cost much and if incase it will dive too low and will not be enough to pay for miners, then that could be the time bitcoin will die, or not.

What is happening?
will it change after adjustment since the transaction cost is being affected by the crazy price rise

A digital asset smart banknote manufacturer has launched bitcoin banknotes at a store in Singapore. Designed to make owning and circulating cryptocurrencies as easy as using paper money, they are currently available in denominations of 0.01 and 0.05 BTC.

What do you think of these bitcoin smart banknotes? Let us know in the comments section below.

Full articles: https://news.bitcoin.com/bitcoin-smart-banknotes/

Money is one of the important concepts, This section talks about money from the perspective of microeconomics.when people exchange goods and services without using money, this is called barter. "I'll cook dinner if you'll do the dishes" is an example of barter. Imagine an economy in wich i can sell services as a consultant to banks, but what i want is to buy a new suit. the clothing store that sell suits does not have any use for my services as a banking consultant. i sell consulting services for money, and i buy a suit using money. money serves as a medium of exchange. the bank does not sell suits. how can barter work?

Chinese has been feeling very enthusiastic about blockchain lately!  The Chinese government may not like cryptocurrencies or in fact Bitcoin, but they sure do like the Technology it is based on.

Know more what China is doing with Blockchain https://www.globaltechinsights.com/blockchain-bitcoin-whats-happening-in-china/

I believe that the hype has barely even begun. Only 1 percent of the global population owning any cryptocurrency and news of banks and financial institutions looking incorporate blockchain technology and invest in cryptocurrencies; I think there will be a more mainstream adoption in the coming 18-24 months.

I’m going to be accumulating the majority of the coins below over the course of 2018 Q1—I’m a big believer in a diversified portfolio.

Especially in crypto.

I split coins into 3 tiers. Coins in tiers 1 & 2 I will be continuously adding to my holdings throughout Q1.

I based these tiers on my investment strategy, I highly suggest creating a strategy before investing in anything.

You need to have a goal that you’re working towards, and a framework for how you want to reach that goal.

My goal is to increase my holdings of Tier 1 & 2 coins, by trading coins from tier 3 on a short-medium time frame (2–6 months).

I also margin trade Tier 1 & 2 coins and use profits to increase my overall $BTC position.

Don’t margin trade.

It’s bad.

Not margin trading is rule #8 in my “10 Crypto Commandments”.

Some of these coins I don’t believe in as long term investments.

Most of the time, the criteria I use to pick coins starts fundamentally with the team, roadmap, and community.

Once I’ve deemed a coin as “Fundamentally Strong”, I then go into the charts and apply Technical Analysis to determine if I can get a solid entry point.

Sometimes, I’ll see a coin I don’t think will last in the long run, but the chart is just too pretty to say no. I will denote these coins with an [X] by their name.

Cliche Disclaimer: none of this is financial advice, don’t even listen to me, I’m a random person on the internet — I could be full of sh*t and you wouldn’t know it.

Do your own research and only ever invest what you can afford to lose.

Tier 1

Bitcoin ($BTC)

I always hold at least a little BTC. Bitcoin is the market leader, and until that changes, I will always hedge against my Altcoin investments with Bitcoin. I typically have any where from 10–30% of my portfolio in Bitcoin depending on Bitcoin dominance at that time.

Bitcoin dominance refers to the percentage of the total cryptocurrency market share which is held by Bitcoin. You can check the live stat here.

The link also shows the market dominance of the other major coins on the market- spend some time getting to know the chart and notice how coins market caps correlate negatively or positively with each other.

Understanding the market cycles of crypto is pivotal to successful investing.

Tier 2

Neo ($NEO) & Ethereum ($ETH)


Image courtesy of CoinSutra

ETH and NEO are competitors. They solve the same problems, are both serious coins with large market caps, and I hold both as long term investments.

I’m not hedging against my bets by investing in competitors. It’s feasible to me that these two entities could co-exist in the future in a fashion similar to how Apple and Samsung coexist.

Here's how I have been able to change people's opinion from being haters of Bitcoin to thinking about buying some and even some actually buying some.

I follow these 3 steps/rules that I made:

1. Don't get aggressive:

A lot of bitcoin denier get VERY aggressive about how bitcoin is a scam, don't get aggressive. If they are too aggressive and mad, just change the subject for the moment. No need to waste time.

2. Make them doubt their convictions.


Make them doubt that bitcoin is a scam or doomed to fail. A couple of examples that I use are:

      - This is comparable to when people wouldn't want to use their credit cards online because they were scared of fraud.
   
      - Bitcoin is far from reaching it's full potential, mass adoption takes a lot of time. This is comparable to when Amazon just sold books or Google was nothing compared to Yahoo.. remember Yahoo? (laughs)

      - Crypto currencies are the next steps in the evolution of payment : Barter -> Precious Metals -> Paper Money -> Plastic Cards -> Digital Money

3. Mention the Coinbase $10 when you buy $100 in Bitcoin and then let it simmer...

Let them think about it, they will so their research or ask around. Most will come back to you to get your code for the referral bonus.

Do you have other arguments that you use? I'd love to know.



BTC: 3LcmdDp52oShwv9UTy55vX69JxEibEoKrw
ETH: 0xe822Dc108cb78C9137BF2D92429449B97F1415E0

But the biggest fuck-up of all: Lightning Network / Lightning Labs is led by Elizabeth Stark.  If you like train wrecks, get Elizabeth to lead us there.

You can see for yourself how Lightning works...
 

A digital asset smart banknote manufacturer has launched bitcoin banknotes at a store in Singapore. Designed to make owning and circulating cryptocurrencies as easy as using paper money, they are currently available in denominations of 0.01 and 0.05 BTC.

What do you think of these bitcoin smart banknotes? Let us know in the comments section below.

Full articles: https://news.bitcoin.com/bitcoin-smart-banknotes/

A small japanese village named, Nishiawakura is making their economy much more beneficial with the help of cryptocurrencies by launching a Initial Coin Offering. I think it is a best way to help some small villages to grow up with really good profits and also it might bring the cryptocurrencies some more close to legalisation.

The village is home of approximately 1500 villagers and and they unveiled their plans to launch a regional initial coin offering.
Report by coindesk https://www.coindesk.com/japanese-village-to-launch-nations-first-municipal-ico/

This is a perfect head start and i hope that several such villages can soon adapt this strategy to strengthen their economy

Bunny Ranch accepts Bitcoin!!!

Here's how I have been able to change people's opinion from being haters of Bitcoin to thinking about buying some and even some actually buying some.

I follow these 3 steps/rules that I made:

1. Don't get aggressive:

A lot of bitcoin denier get VERY aggressive about how bitcoin is a scam, don't get aggressive. If they are too aggressive and mad, just change the subject for the moment. No need to waste time.

2. Make them doubt their convictions.


Make them doubt that bitcoin is a scam or doomed to fail. A couple of examples that I use are:

      - This is comparable to when people wouldn't want to use their credit cards online because they were scared of fraud.
   
      - Bitcoin is far from reaching it's full potential, mass adoption takes a lot of time. This is comparable to when Amazon just sold books or Google was nothing compared to Yahoo.. remember Yahoo? (laughs)

      - Crypto currencies are the next steps in the evolution of payment : Barter -> Precious Metals -> Paper Money -> Plastic Cards -> Digital Money

3. Mention the Coinbase $10 when you buy $100 in Bitcoin and then let it simmer...

Let them think about it, they will so their research or ask around. Most will come back to you to get your code for the referral bonus.

Do you have other arguments that you use? I'd love to know.



BTC: 3LcmdDp52oShwv9UTy55vX69JxEibEoKrw
ETH: 0xe822Dc108cb78C9137BF2D92429449B97F1415E0

A new VTC application backed by BlockChain technology will soon be launched by the Uber chinese Didi Chuxing.
The company CEO confirm that BlockChain technology has a lot of advantages provided that bring real added value to users. He knows this technology very well and wants to use it to develop different economic systems and offer innovative and useful services to users in order to meet some of their needs.

Hi Folks,


I wrote a blog about my complete research "Finding Satoshi"


Chapter 1 - The Usual Suspects

https://whoissatoshi.wordpress.com/2016/01/27/the-usual-suspects/


Chapter 2 - Digital Evidence

https://whoissatoshi.wordpress.com/2016/01/27/digital-evidence/


Chapter 3 - Japanese Connection

https://whoissatoshi.wordpress.com/2016/01/27/japanese-connection/


Chapter 4  - Devil is in the details

https://whoissatoshi.wordpress.com/2016/01/27/devil-is-in-the-details/



Let me know know your comments.

Thanks,
Bounty Hunter.

P.S - Pawel, the polish guy is not Satoshi. I sent email and he replied.

In his own words

"Wow, I did not see that coming

Sorry to disappoint you, but it's certainly not me who you're after.

Good luck in your further research,

Pawel"


You can appreciate my efforts with some bitcoins ;-)   BTC1DSoqWS1HS7dDqoPbnGLQ7zwwopB7hrRiU

An appeal against Reserve Bank of India's orders banning crypto use was filed by Internet and Mobile Association of India in Supreme Court of India.  But today the court refuses to grant temporary stay against the banning orders.  Several crypto exchanges are also said to be the members of above mentioned association.  The reactions from crpto exchanges indicates that they have already found some alternate ways to deal with crypto in India.

https://coingape.com/indian-supreme-courts-refusal-to-lift-rbi-ban/?utm_source=notification&utm_medium=push-notification

What shall be the consequences if the crypto use is not legalized in India.  Whether the loser will be Indian economy or the users only?

Here's the official press release: https://presse.porsche.de/prod/presse_pag/PressResources.nsf/Content?ReadForm&languageversionid=833328

I think this is the type of news that tends to shut up crypto deniers. If the auto industry starts using blockchain tech, it's going to be huge. What do you guys think?