Satoshi is Coming Back. A Genesis Block Exegesis.

[GenesisBlockExegesis]

So I have written a creation narrative for Bitcoin and I've published it at https://www.satoshiiscomingback.com/

I think a lot of you will find it to be a gripping read.

For the first time, I conceptualize the intrinsic value of cryptocurrency as well as the intrinsic cost of cryptocurrency.

With these intrinsics established, I hope you will find that conceptual space is opened up. Among the abstractions and concepts I establish are:

-I show how the exogeneity of mining incentives in proof-of-work allows Bitcoin's code to be controlled by the US government.
-I show how the endogeneity of mining incentives in proof-of-stake allows a cryptocurrency operating with a p-o-s overly to avoid USG control.
-I explain how advanced AI and superintelligence can use blockchain as a substrate.
-I explain how the optimization target of boxed AI has to be "more Bitcoin" and I illustrate how AI as a capitalist would act.
-I explain how Bitcoin is fiat.
-I abstract out the way energy stabilizes blockchains and suggest that the component functions of energy can be commoditized. Then, I propose proof-of-negentropy which overlays p-o-w with labour from CAPTCHA puzzles.
-I show how using Bitcoin as a central bank reserve currency improves the US' ability to manufacture military equipment
-I introduce the concept of "altcoins are software, Bitcoin is hardware" to illustrate that altcoins will end up operating on centralized computers with "statutory protection." I believe this is in fact the greatest commercializable aspect of the Exegesis.

There is a wild science fiction section of the exegesis. My goal is to underwrite a science fiction epic poem that tells of Satoshi's return and laments his absence and to prepare code for Satoshi to use when he returns.

There is much more.

Rami Tabello, CFA
Satoshi Is Coming Back Incorporated

[bitfocus]

thanks for linking the domain, it seems a huge read, I will come back after I finish reading that on my spare time.

[bellamente]

I think this is not Satoshi.

Most likely, a project announces another hardfork for profit.

You think that Satoshi will create create such a resource ... For what?

[mahilchii]

I guess satoshi's comeback will give a boost to the crypto world as there could be some plans from a genius to change the market situation, but still we need to be very cautious at the moment regarding selling coins.

[SUDARMONO]

I think it's very good that Satoshi is back again, and that it will have a very good impact on the increase or for the future of bitcoin prices.

[ImHash]

Where is Satoshi? I read your post and all I see is about you talking about how you see bitcoin and how it should be, I can't see anything about him being back. If you think that USG has control over bitcoin and is using it for military purposes then you are wrong. Let me tell you that POS is not gonna work and USG has all the tools to exploit that algo while the POW is not easy to control, Besides everyone can join the mining with only their miners but with the POS only the ones who buy the coin can join the process of mining or staking.

[GenesisBlockExegesis]

Thanks for all the comments. @bitfocus I think the concepts in the Exegesis will take some time to be absorbed. It's not an easy read for most people and I appreciate you taking the time to read it.

@bellamente I believe that Satoshi will come back and do a hard fork. Absolutely. And he will introduce censorship and aggress any competing chains. As I say, Bitcoin can be used as a box to control the development of superintelligence but Satoshi will need censorship to do that. 

[ralle14]

I was going to check the link and have a quick read but after seeing the bullet points on the first post it made me think it's a waste of time to continue. The US government could perform an attack anytime but it doesn't seem like they have any plans on stopping Bitcoin instead they just tax everyone for their own good. Also there's really no need for Bitcoin to go PoS. If PoW was proven to be more vulrnerable to begin with, we should've moved to PoS by now (which isn't true).  

[DooMAD]

I was going to check the link and have a quick read but after seeing the bullet points on the first post it made me think it's a waste of time to continue.

Pretty much my reaction.  I'm happy to judge the book by its cover on this one.  This sounds like a load of nonsense.  First impression is it's just someone abusing Satoshi's name to draw attention to their ill-informed babble.

[santino11]

Many people noticed the post that the account satoshi made.
Is this a new beginning for BTC? will Nakamoto have a new development to the coin?
will there be BITCOIN 2.0? I hope Mr. Satoshi Nakamoto have a gift for us.

[muslol67]

So I have written a creation narrative for Bitcoin and I've published it at https://www.satoshiiscomingback.com/

I think a lot of you will find it to be a gripping read.

For the first time, I conceptualize the intrinsic value of cryptocurrency as well as the intrinsic cost of cryptocurrency.

With these intrinsics established, I hope you will find that conceptual space is opened up. Among the abstractions and concepts I establish are:

-I show how the exogeneity of mining incentives in proof-of-work allows Bitcoin's code to be controlled by the US government.
-I show how the endogeneity of mining incentives in proof-of-stake allows a cryptocurrency operating with a p-o-s overly to avoid USG control.
-I explain how advanced AI and superintelligence can use blockchain as a substrate.
-I explain how the optimization target of boxed AI has to be "more Bitcoin" and I illustrate how AI as a capitalist would act.
-I explain how Bitcoin is fiat.
-I abstract out the way energy stabilizes blockchains and suggest that the component functions of energy can be commoditized. Then, I propose proof-of-negentropy which overlays p-o-w with labour from CAPTCHA puzzles.
-I show how using Bitcoin as a central bank reserve currency improves the US' ability to manufacture military equipment
-I introduce the concept of "altcoins are software, Bitcoin is hardware" to illustrate that altcoins will end up operating on centralized computers with "statutory protection." I believe this is in fact the greatest commercializable aspect of the Exegesis.

There is a wild science fiction section of the exegesis. My goal is to underwrite a science fiction epic poem that tells of Satoshi's return and laments his absence and to prepare code for Satoshi to use when he returns.

There is much more.

Rami Tabello, CFA
Satoshi Is Coming Back Incorporated

I don't believe that Satoshi will be came back! It'll never happen. If I were him, I never won't come back. It is the only way to try make network decentralized. I don't think that he is thinking to come...

[coin8coin8]

Satoshi will not come back soon, even if he plans to come back, maybe it will be a long time later, I guess Satoshi may announce his identity in his later years. It is very dangerous for him to come back now. The success of Bitcoin brings him not only honor but also dangerous.

[Kakmakr]

Wow, now that was a gruesome exercise to read through all of that! <Wall of text> 

You have a way with words, but your views and opinions borders on science fiction and should be read in that context. <Read it like a story book> 

I am currently watching a science fiction series <12 Monkeys> on Netflix, where they jump back in time to change the future. <Stopping a virus that almost destroys humankind> and this got me thinking if Satoshi might have been from the future, trying to stop a inevitable global economic collapse and WWIII.