Could Satoshi Nakamoto be Mike Hearn?

[DooMAD]

If I'm getting all these right, you're telling me that Satoshi, the founder of Bitcoin and the genesis block miner, had 1,000,000 BTC from the 20,000 blocks he solved. AND because he lost faith in this project becoming reality, he didn't care about them enough and lost the goddamn keys to this 1mil btc?

Damn son! I'd be hiding from my stupidity as well...

No, I am saying that Bitcoin wasn't worth anything for the first 18 months and therefore people including Satoshi didn't care much about preserving the private keys. Remember the 10,000 BTC pizza transaction? That transaction took place at the end of May 2010 which kind of established any worth for BTC for the first time. Think of it like something that was like a penny but wasn't even close to worth a penny. If you dropped one of those pennies, I bet you wouldn't care much.

There are only two explanations I can think of that Satoshi's coins aren't moving.  Either Satoshi had second thoughts about scarcity and decided there should be less coins in circulation and deliberately put theirs beyond use.  Or, more likely, when Satoshi said they were "moving on" they meant that figuratively to say they were dying.  

Satoshi wouldn't have accidentally lost access.  It's not even remotely plausible.  Either it was deliberate or it was something outside of their control (like mortality). 

[1715089519]

1715089519

[cloud.runner]

Hi, mate. He is Elon Musk as I have said before. Elon is a humble genius and very likely to create such thing as Bitcoin.

For changing the world.

[josegr4ham]

I don't think Saroshi is Mike Hearn. Satoshi (or the Satoshi team) is too smart to discover themselves and to let them open to the public

[nelson4lov]

Hi, mate. He is Elon Musk as I have said before. Elon is a humble genius and very likely to create such thing as Bitcoin.

For changing the world.

Stop speculating man. By now we should've gone past the stage of trying to figure out the identity behind Satoshi Nakamoto. It's neither Mike Hearn, Elon Musk or even Craig wright. If Satoshi wants to be known, I think he would've revealed his identity a long time ago. For all we know, He might just be thus unpopular tech guy

[bug.lady]

Hi, mate. He is Elon Musk as I have said before. Elon is a humble genius and very likely to create such thing as Bitcoin.

For changing the world.

Stop speculating man. By now we should've gone past the stage of trying to figure out the identity behind Satoshi Nakamoto. It's neither Mike Hearn, Elon Musk or even Craig wright. If Satoshi wants to be known, I think he would've revealed his identity a long time ago. For all we know, He might just be thus unpopular tech guy

Thank you guys for bumping the thread. I have just found it and it was a good and an interesting read. I don't know if it got me convinced, but I don't agree that people should stop speculating. It is very human to be curious, speculate and try to solve misteries. Isn't it exactly why Satoshi invented bitcoin in a first place, out of pure human curiosity?

[trollercoaster]

If I'm getting all these right, you're telling me that Satoshi, the founder of Bitcoin and the genesis block miner, had 1,000,000 BTC from the 20,000 blocks he solved. AND because he lost faith in this project becoming reality, he didn't care about them enough and lost the goddamn keys to this 1mil btc?

Damn son! I'd be hiding from my stupidity as well...

No, I am saying that Bitcoin wasn't worth anything for the first 18 months and therefore people including Satoshi didn't care much about preserving the private keys. Remember the 10,000 BTC pizza transaction? That transaction took place at the end of May 2010 which kind of established any worth for BTC for the first time. Think of it like something that was like a penny but wasn't even close to worth a penny. If you dropped one of those pennies, I bet you wouldn't care much.

But this isn't me, this is Satoshi... I mean, if I create something, something I want to be valuable I would be careful with the asset I owned. No matter the value. It's not about the value, it's about believing in what you made.

Today, many of us hodl some tokens that aren't worth any shit right now. But we believe in that project so hodl them. If there was a situation and we lost access to our token wallets it would hurt.

And this isn't a small fragment of the project we're talking about, it's 1 friggin million btc! It's %5 of the whole bitcoin project. %8 of the current market cap...

And those 1 million btc will always be locked away in some inaccessible wallets... So we can say that the total market supply of btc is 21mil, not 22mil...

And, someday in the future, when the last btc is mined, if there are 22 million btc circulating, we can safely say that this argument is pointless and satoshi is still among us and he's using those btc...

Well... 1million tokens are worth around 10billion, I can't even imagine their worth 20 years in the future... I'd surely be hiding away with all those money... And I'd surely spread a rumor about me losing those coins, so no one will ever come looking for me for those coins...

And saying again, if I had really lost all those coins, I'd be ashamed to show my face...

So, stop looking for the man and give him some peace, maybe he'll show up in the future...

Lastly, for the record, I don't think Mike Hearn is Satoshi too. But, he may be one of the few who can reveal his identity.

[bug.lady]

If I'm getting all these right, you're telling me that Satoshi, the founder of Bitcoin and the genesis block miner, had 1,000,000 BTC from the 20,000 blocks he solved. AND because he lost faith in this project becoming reality, he didn't care about them enough and lost the goddamn keys to this 1mil btc?

Damn son! I'd be hiding from my stupidity as well...

No, I am saying that Bitcoin wasn't worth anything for the first 18 months and therefore people including Satoshi didn't care much about preserving the private keys. Remember the 10,000 BTC pizza transaction? That transaction took place at the end of May 2010 which kind of established any worth for BTC for the first time. Think of it like something that was like a penny but wasn't even close to worth a penny. If you dropped one of those pennies, I bet you wouldn't care much.

But this isn't me, this is Satoshi... I mean, if I create something, something I want to be valuable I would be careful with the asset I owned. No matter the value. It's not about the value, it's about believing in what you made.

Today, many of us hodl some tokens that aren't worth any shit right now. But we believe in that project so hodl them. If there was a situation and we lost access to our token wallets it would hurt.

And this isn't a small fragment of the project we're talking about, it's 1 friggin million btc! It's %5 of the whole bitcoin project. %8 of the current market cap...

And those 1 million btc will always be locked away in some inaccessible wallets... So we can say that the total market supply of btc is 21mil, not 22mil...

And, someday in the future, when the last btc is mined, if there are 22 million btc circulating, we can safely say that this argument is pointless and satoshi is still among us and he's using those btc...

Well... 1million tokens are worth around 10billion, I can't even imagine their worth 20 years in the future... I'd surely be hiding away with all those money... And I'd surely spread a rumor about me losing those coins, so no one will ever come looking for me for those coins...

And saying again, if I had really lost all those coins, I'd be ashamed to show my face...

So, stop looking for the man and give him some peace, maybe he'll show up in the future...

Lastly, for the record, I don't think Mike Hearn is Satoshi too. But, he may be one of the few who can reveal his identity.

Hey it is 21m total supply, so when you reduce it, you reduce it to 20m (not 22m -> 21m).

Also, I think that if they considered the project as a testnet at the time, really, I understand they may not have been keeping the private keys for the blocks they generated. I am not saying that it is what happened, but I think it is a plausible explanation. This situation was very different from this:

many of us hodl some tokens that aren't worth any shit right now. But we believe in that project so hodl them

They were really just playing with the code and testing the software, discarding any intermediary data, they were not hodling coins with the hope and intention the coins will eventually rise.

[twingall1]

Love it! Best& most substantive stuff about this topic I've read so far!

(@skyscraperfarms)

[Gleb Gamow]

If I'm getting all these right, you're telling me that Satoshi, the founder of Bitcoin and the genesis block miner, had 1,000,000 BTC from the 20,000 blocks he solved. AND because he lost faith in this project becoming reality, he didn't care about them enough and lost the goddamn keys to this 1mil btc?

Damn son! I'd be hiding from my stupidity as well...

No, I am saying that Bitcoin wasn't worth anything for the first 18 months and therefore people including Satoshi didn't care much about preserving the private keys. Remember the 10,000 BTC pizza transaction? That transaction took place at the end of May 2010 which kind of established any worth for BTC for the first time. Think of it like something that was like a penny but wasn't even close to worth a penny. If you dropped one of those pennies, I bet you wouldn't care much.

So, how many 10K BTC pizzas did Satoshi own when he quit mining?

[SkyscraperFarms]

Love it! Best& most substantive stuff about this topic I've read so far!

(@skyscraperfarms)

Thank you. I think any one of these things alone wouldn't mean anything, but all these things together paint a compelling picture.

I think one of the biggest takeaways from what I presented here if you still don't believe Mike is Satoshi is that whoever created bitcoin did it anonymously to evade intellectual property claims from their respective employer.

[alphaomega.f]

nobody knows who Satoshi Nakamoto really is and he stayed anonymous for a reason. maybe because he doesn't want to be known and be identified by the world. that's my opinion about him. many people have already tried to track who Satoshi Nakamoto is.

[SkyscraperFarms]

If I'm getting all these right, you're telling me that Satoshi, the founder of Bitcoin and the genesis block miner, had 1,000,000 BTC from the 20,000 blocks he solved. AND because he lost faith in this project becoming reality, he didn't care about them enough and lost the goddamn keys to this 1mil btc?

Damn son! I'd be hiding from my stupidity as well...

No, I am saying that Bitcoin wasn't worth anything for the first 18 months and therefore people including Satoshi didn't care much about preserving the private keys. Remember the 10,000 BTC pizza transaction? That transaction took place at the end of May 2010 which kind of established any worth for BTC for the first time. Think of it like something that was like a penny but wasn't even close to worth a penny. If you dropped one of those pennies, I bet you wouldn't care much.

So, how many 10K BTC pizzas did Satoshi own when he quit mining?

Probably none.

[andrew1carlssin]

no .. he even sent his assignment about distributed computing ...

[Gleb Gamow]

If I'm getting all these right, you're telling me that Satoshi, the founder of Bitcoin and the genesis block miner, had 1,000,000 BTC from the 20,000 blocks he solved. AND because he lost faith in this project becoming reality, he didn't care about them enough and lost the goddamn keys to this 1mil btc?

Damn son! I'd be hiding from my stupidity as well...

No, I am saying that Bitcoin wasn't worth anything for the first 18 months and therefore people including Satoshi didn't care much about preserving the private keys. Remember the 10,000 BTC pizza transaction? That transaction took place at the end of May 2010 which kind of established any worth for BTC for the first time. Think of it like something that was like a penny but wasn't even close to worth a penny. If you dropped one of those pennies, I bet you wouldn't care much.

So, how many 10K BTC pizzas did Satoshi own when he quit mining?

Probably none.

Theoretical was implied/inferred/assumed (playing pick a verb).

[SkyscraperFarms]

no .. he even sent his assignment about distributed computing ...

No what?
And what assignment are you talking about? I think you responded to the wrong post.

[SkyscraperFarms]

The next step in my exploration of this idea was to create a calendar of time periods where Satoshi was silent on the forums. For example, Satoshi was silent on the forum from March 24, 2010 until May 16, 2010. I am guessing this is a period when Satoshi was away from his home travelling or vacationing. I was wanting to then correspond them with known dates when Mike was on vacations or at a conference, but as I stated above MIke wasn’t very public during Satoshi’s presence. If anyone knows of any of the potential Satoshis that were vacationing, hospitalized (Hal?), or travelling during that March to May gap in 2010, it would be a good link to the real Satoshi.

After a period of disinterest, I decided to look into those dates from March 24-May 16 2010.

Then only thing that kind of corresponds to time period is Google I/O conference took place on May 19-20, 2010. If Satoshi did work for Google like Mike then he perhaps was working furiously to get development done on something that Google wanted to present at the I/O conference such as:

APIs

Android

App Engine

Chrome

Enterprise

Geo

OpenSocial

Social Web

TV

Wave