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Author Topic: Re: The release of Satoshi's personal data  (Read 24940 times)
Phinnaeus Gage
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February 10, 2019, 06:30:56 PM
 #281

Bitcoin and Satoshi will continue to yield enormous boosts to White Nationalism and our Precious Minority on The Teeming Dark Planet!  

You're a complete Assss. With a capital "a" and extra s's. Good thing after months of posting this drivel not one person has yet to take you seriously. Simply repeating an un-evidenced claim over and over and over doesn't make it true.


"I know more about crypto and the blockchain thingy than anyone including Satoshi."

Reference for humor: https://www.youtube.com/watch?v=5GqJna9hpTE

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February 10, 2019, 06:51:35 PM
 #282

Obviously it serves a purpose. I cannot guess what the purpose is, though. But "DT" had a reason to start this thread and continue it. That is certain.
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February 11, 2019, 05:36:38 AM
 #283

Obviously it serves a purpose. I cannot guess what the purpose is, though. But "DT" had a reason to start this thread and continue it. That is certain.

He wants to diminish his already rock bottom reputation in ways previously unexplored?



"I know more about crypto and the blockchain thingy than anyone including Satoshi."

He makes the best blockchains.

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Phinnaeus Gage
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February 11, 2019, 05:53:56 PM
Merited by nutildah (1)
 #284

Obviously it serves a purpose. I cannot guess what the purpose is, though. But "DT" had a reason to start this thread and continue it. That is certain.

He wants to diminish his already rock bottom reputation in ways previously unexplored?



"I know more about crypto and the blockchain thingy than anyone including Satoshi."

He makes the best blockchains.

... and blockchain-linked fences ...


WallCoin (WALL) is now ranked forth according to my quasi-Photoshop prowess CoinMarketCap ...


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Phinnaeus Gage
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February 11, 2019, 07:18:13 PM
 #285

Lock the thread! The real Satoshi just announced who he is: https://www.ccn.com/amaury-sechet-the-real-bitcoin-satoshi-nakamoto

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February 11, 2019, 07:27:52 PM
 #286


WallCoin (WALL) is now ranked forth according to my quasi-Photoshop prowess CoinMarketCap ...





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RuralDistubance
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February 11, 2019, 09:52:06 PM
 #287

Hahaha,  oh man, you guys really turned this thread around!   Cheesy
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February 11, 2019, 10:45:32 PM
 #288

No one is gonna know the real Satoshi.
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February 11, 2019, 10:51:38 PM
 #289

Who says satoshi even has any bitcoins. I like to think he doesn't have any

To be perfectly and completely honest. A man like that who makes something for humanity's future was extremely smart in a lot of many different ways.

I'm pretty sure that he had a certain amount and he probably increased that amount accordingly in certain periods of time like the halvings or in key moments at the beginning. Why? Because he of course knew that holding is the way to truly ensure Bitcoin's survivability while mass adoption comes to exist.

If he is dead then there you have another mystery about a lost and hidden treasure. We need to continue with that mission.

If not, i have no idea what he is doing right now.
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February 12, 2019, 06:51:24 PM
Last edit: February 12, 2019, 11:29:55 PM by doublespend timestamp
 #290

11
The Expropriation Condition For a Single Tax On Wealth
Perhaps the greatest fear of a wealth tax, more accurately called a tax on liquid value of net assets, is that it would expropriate liquidation value.
 To calculate the level of expropriation it is helpful to assume a single tax on wealth and then measure the difference in liquidation value. This can be done by subtracting the owner's original value under activity (income) taxation, from the prospective buyer's value under asset (wealth) taxation:

\[\frac{  \mathit{buyer\_ income}-\mathit{buyer\_ expense}}{\log{\left( \mathit{buyer\_ interest\_ rate}+\mathit{asset\_ tax\_ rate}+1\right) }}-\frac{\left( 1-\mathit{income\_ tax\_ rate}\right)  \left( \mathit{owner\_ income}-\mathit{owner\_ expense}\right) }{\log{\left( \mathit{owner\_ interest\_ rate}+1\right) }}\]

WHERE
income_tax_rate = the aggregate tax rate on economic activities, such as income, capital gains, value added, etc.
asset_tax_rate = the net asset tax rate (on liquid value)
owner_income = the owner's expected gross periodic income from the asset
buyer_income = the buyer's expected gross periodic income from the asset
owner_expense = the owner's expected periodic expenditure on the asset
buyer_expense = the buyer's expected periodic expenditure on the asset
owner_interest_rate = the periodic interest rate paid by the owner in borrowing to purchase the asset
buyer_interest_rate = the periodic interest rate paid by the buyer in borrowing to purchase the asset

The more negative this difference goes, the greater the expropriation of liquid value.


It is important to note that the above formula assumes the buyer does not enjoy a standard deduction -- for example a homestead deduction as normally protected under Chapter 7 bankruptcy.  Such a deduction is an ordinary feature of wealth tax proposals and would frequently come into play in a change to single tax on wealth as tenants  purchase their residences from landlords.

The derivation follows:

\[\tag{profit_stream}\frac{\left( \mathit{income}-\mathit{expense}\right) \, \left( 1-\mathit{income\_ tax\_ rate}\right) }{{{\left( \mathit{interest\_ rate}+\mathit{asset\_ tax\_ rate}+1\right) }^{t}}}\]

\[\tag{net_present_value}\frac{\left( \mathit{income}-\mathit{expense}\right) \, \left( 1-\mathit{income\_ tax\_ rate}\right) }{\log{\left( \mathit{interest\_ rate}+\mathit{asset\_ tax\_ rate}+1\right) }}\]

\[\tag{AT_ NPV}\frac{\mathit{income}-\mathit{expense}}{\log{\left( \mathit{interest\_ rate}+\mathit{asset\_ tax\_ rate}+1\right) }}\]

\[\tag{IT_ NPV}\frac{\left( \mathit{income}-\mathit{expense}\right) \, \left( 1-\mathit{income\_ tax\_ rate}\right) }{\log{\left( \mathit{interest\_ rate}+1\right) }}\]

\[\tag{Buyer_NPV}\frac{  \mathit{buyer\_ income}-\mathit{buyer\_ expense}}{\log{\left( \mathit{buyer\_ interest\_ rate}+\mathit{asset\_ tax\_ rate}+1\right) }}\]

\[\tag{Owner_NPV}\frac{\left( 1-\mathit{income\_ tax\_ rate}\right)  \left( \mathit{owner\_ income}-\mathit{owner\_ expense}\right) }{\log{\left( \mathit{owner\_ interest\_ rate}+1\right) }}\]

Posted 23 hours ago by Jim Bowery
https://jimbowery.blogspot.com/2019/02/the-expropriation-condition-for-single.html

Is James currently, in real time as we watch, actively and publicly considering liquidating a significant portion of his one million bitcoins with a sort of Ben Franklin close?

Balance sheet close: also called the Ben Franklin close, in which the salesperson and the prospect build together a pros-and-cons list of whether to buy the product, with the salesperson trying to ensure the pros list is longer than the cons.[1]
https://en.wikipedia.org/wiki/Closing_(sales)

==========

Later I will post emails over the past years in which I reference the 10 bitcoins James sent me on January 12th, 2009.  I also will publish emails between myself and my old 1976 friend Elizabeth Holmes (see the index of Walter Isaacson's #1 NYT best-selling Steve Jobs biography) re Jobs.

I may also have two hard drives, one from a Macbook and one from a Macbook Air, forensically brought back by data search.  I think it costs about $300 per drive.
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February 12, 2019, 07:42:37 PM
Last edit: February 12, 2019, 11:54:50 PM by doublespend timestamp
 #291

James Bowery
4 hrs ·

In the event you had any questions about Craig Wright's credibility...

https://www.facebook.com/jabowery

Blowhard nonsense on early bitcoin dedicated miner of whom lousy journalists are enamored, Faketoshi 'stolen valor' Craig Wright here:
http://www.ywesee.com/uploads/Ywesee/Andrew_O_Hagan_The_Satoshi_Affair_LRB_30_June_2016.pdf
Quote
... ‘But you can say, hand on heart, I am Satoshi Nakamoto?’
‘I was the main part of it. Other people helped. At the end of the day, none of this would
have happened without Dave Kleiman, without Hal Finney, and without those who took
over – like Gavin and Mike.’

 ... Something changed in Wright in those few minutes. With these direct questions about
Satoshi, his sense of himself – I don’t know how else to put it – had come unstuck and
he became noticeably uncomfortable.
He said that he wanted to make the point that
people should stop looking to him for answers.

 ... ‘Why does it matter, (like psycho compulsive liar Hillary, lulz -dt) other than that you need someone to attack, someone to deify. I mean, f’s (word edited -dt) sake.

===========

The Elton John effect.  Unusual and highly festive family photo of the great Satoshi Nakamoto (on left in green shirt) with his beloved wife, Jan.

Photo taken just two weeks ago, Wed. Jan. 30th, 2019 in Iowa.


https://postimg.cc/gxJqjJPP

https://www.facebook.com/photo.php?fbid=10218119163681328&set=a.1181743634485&type=3&theater

==========

Perhaps he chose the name Satoshi because it can mean "wisdom" or "reason" and Nakamoto can mean "Central source". (" 'main' source" or " 'Iowa', central")

https://en.bitcoin.it/wiki/Satoshi_Nakamoto

On the Wikipedia page for “Satoshi,” users can find that one of the possible writings in Japanese means “intelligence.”

A separate search for “Nakamoto” on Ancestry.com shows that the name is Japanese for “central origin,” among other definitions. (Iowa? of which James is inordinately, by 2019 deracinated Kwa 'standards', proud and identified?)

https://bitcoinexchangeguide.com/with-no-clarity-for-the-id-of-bitcoins-satoshi-nakamoto-is-it-possible-the-nsa-created-the-cryptocurrency/
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February 13, 2019, 12:25:44 AM
 #292

Why some of you people are so obsessed with Satoshi Nakamoto's real identity is beyond me. Just thank him/her/them for the creation of bitcoin, and let Satoshi enjoy his/her/their life in some extremely luxurious beach resort or something.
we all never know whether satoshi is someone's name, or the name of a team or the name of a secret body of a country. we don't know, but if we look at the function of the extraordinary work, all aim to change the currency around the world to be united into the single currency in the world. this can replace the dollar that has dominated world trade.
 this is an extraordinary step by saving a small economy, which is to avoid inflation that always happens every year, and to prevent America from using the dollar to control the world economy.
 something like this we have never realized. that bitcoin is the economic savior of the world.

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February 13, 2019, 12:45:09 AM
Last edit: February 13, 2019, 01:02:51 AM by doublespend timestamp
 #293

On January 21, 2018, when bitcoin was much higher, in comment #72, James seems to maybe regret making mining difficulty progressively higher to the point ASIC's (application-specific integrated circuits) would dominate and China had become, as today, the largest bitcoin miner, by far, in the world.

I wonder alternatively if he designed it this way so governments, e.g. China and USA, would at some desperate point feel the need to 'machinery gear up as only they can' to participate in the bitcoin game, thus further and finally legitimizing bitcoin to the slow-to-catch-on numerical masses-- their subjects.  He had to see, via the particular mining algorithm used, GPUs would quickly pass CPU's and themselves be made obsolete by ASICs as the ledger got globally massive.  Seems to me that aspect of the plan didn't work out so well.


Quote
James Bowery says: • Website
January 21, 2018 at 10:53 pm GMT • 100 Words
The proof of work required for bitcoin is amenable to mass production of specialized “mining” hardware. This is the kind of thing that governments and other large institutions can manufacture as a military armament.

A better proof of work would require CPU computation and substantial RAM — which means people can use their personal computers to compete with the bureaucracies.
http://www.unz.com/isteve/the-bitcoin-buycott/
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February 13, 2019, 01:46:16 AM
 #294

Man, that's pretty horrible, now everyone knows where he is located, privacy is a must in this world. Seems like he has to move now.
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February 13, 2019, 03:35:25 AM
Last edit: February 13, 2019, 04:53:26 AM by doublespend timestamp
 #295

Man, that's pretty horrible, now everyone knows where he is located, privacy is a must in this world. Seems like he has to move now.

James got me involved in bitcoins, as well as you, Feb. 10, 2019 signup, and everyone else on the board, albeit less personally or directly in almost all cases.  

There is nothing illegal or immoral in any statute or fairness sense whatsoever to state the city, town or ville of a person's or public personage's residence.  James is a public person who still to this day maintains a very high social media presence on a wide variety of controversial and topical subjects.  He is regularly extremely critical-- condemning, even, of dysfunctional, anti-reality, degenerate leftists such as Ocasio-Cortez and many others.  I generally support Steve King and President Trump as he does.  I totally agree with him on those matters:

========


James Bowery
February 7 at 11:17 AM ·
"Virtue signaling" is part of gang behavior. Gang warfare is deeply ingrained in human evolution going back to CHLCA, 6 million years ago, when gang warfare first appear in our lineage, according to E. O. Wilson's "The Social Conquest of Earth".

However, there is a far deeper evolutionary heritage: Individual integrity. Individual integrity goes back at least 600 million, years when male intrasexual selection gave rise to the Cambrian Explosion.


https://www.facebook.com/jabowery?__tn__=%2CdC-R-R&eid=ARBY33WDcSGFpWt31jyiNji7Q5Bvl6fJJr0xw1bm7yjVo1yH3RBSzunpl8NWc9UUQb8zNeTWWVxgEGoR&hc_ref=ARRQFLoXB24sRY0_R_Ol2VIBO3REcg-T1vAUwOVJNejZmPbI1ZIs8jRuSzCr8SEda0Y&fref=nf












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February 13, 2019, 07:51:41 AM
 #296

So, Satoshi is only one person? And it is Amaure Sechet? Is he bragging some popularity here?? Or is this some kind of a joke? Suddenly admits that he is Satoshi Nakamoto after several years. Unbelievable really. Why now? I don't get it.

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February 13, 2019, 11:26:24 AM
 #297

So, Satoshi is only one person? And it is Amaure Sechet? Is he bragging some popularity here?? Or is this some kind of a joke? Suddenly admits that he is Satoshi Nakamoto after several years. Unbelievable really. Why now? I don't get it.

Its a joke. Every time somebody claims to be Satoshi (or claims they know Satoshi), its always a joke, even if its not very funny or they don't know its a joke.

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April 10, 2019, 09:27:57 PM
 #298

Quote
Jabowery said in reply to Matt...
Yes. I have to admit that although I was developing an 8086 OS on a Cyber 6600 emulator prior to first silicon precisely because I could foresee the network effect that destined Gates to be the world's richest man once he had sealed the deal with IBM, I underestimated the network effect of reserve currency until very recently. Bitcoin's primary advantage over USD as reserve currency or "network effect currency" (and there are multiple advantages) is that the supply is even more clearly limited than gold. Even gold is subject to some technical breakthrough in mining or transmutation.

I used to think that money had to have a backing of either reward upon redemption or withholding of punishment upon redemption (taxes). Now I've come to understand that so long as you can get wide enough adoption AND predictably limited supply, the network effect can do the work. The thing that has obscured this argument is the propaganda by fiat currency (punishment protection money) advocates who want their particular fiat currency to have all network effect behind it. They CLAIM that "Money's value is not intrinsic -- it is there simply because people believe it is there." What they leave out is the limited supply aspect of network effect money and their reason for that omission is so they can have an institution like the Federal Reserve control the supply.

The only questions in my mind about Bitcoin are:

1) Will the traffic-analysis vulnerability make it vulnerable to competition from a more sophisticated crypto currency; or will additional anonymizing technologies layerd on Bitcoin patch that vulnerability?

2) Will some sort of "wild card" cryptography technology come along that can break it ala quantum computers?

Reply Monday, 06 June 2011 at 04:42 PM
https://globalguerrillas.typepad.com/globalguerrillas/2011/06/the-bitcoin-bubble.html
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