Why satoshi doesn't come forward

[rohan1]

Since the bitcoin is popular now, there is no need Satoshi do anything now.

[freedomno1]

Since the bitcoin is popular now, there is no need Satoshi do anything now.

Well he might have an interesting opinion on sidechains as they did not discuss that back in 2011, as the original dev he might have an interesting addition to present (like an anonymous paper submission XD)

[twiifm]

I read that pdf and the only similarities I see between "ideal money" and BTC is a common theme of anti-inflation & anti-central banking.   The cool factor of Nash = Satoshi might appeal to "geeks" but it doesn't change the underlying weakness of BTC as currency system.   Nash's "ideal money" uses a basket of commodities (CPI) in place of a gold standard,  whereas,  BTC uses arbitrary  and artificial scarcity in the code so it "acts like gold".   "Ideal money" is closer to Keynes "bancor" than BTC.

Don't get me wrong.   The Nash is genius and I love to study game theory.   Still,  I'm not convinced that deflation is preferable.   I'm a firm believer that money needs elasticity to meet demands of the economic cycles.  

Nash spends an entire section talking about savings and why inflation hurts savings.   I hear the same argument from bitcoiners all the time.   But this rarely reflect reality of most people's lives.   Nobody saves money in cash.   Most of the middle class own property as their main wealth asset.  

Deflation puts long term borrowers at extreme disadvantage.  Deflation makes it hard for people to make big purchase like a house,  student loan,  medical bills.  

In any case the macro is more complex than the neoi classical model I'm presenting.   At the macro level,  deflation can lead to recession and depressions

[jabo38]

I think "Satoshi" is a man that thinks long, acts conservatively and carefully.  I think we haven't heard the last from him.  The Dorian incident proved that under certain circumstances he is willing to resurface. 

One needs to understand the Satoshi that invented bitcoin and why he made it.  He wasn't satisfied with banking and finance and the government of the day.  I ask now, would he really be happy with what bitcoin has become?  In someways, I think he would be really proud of the monster he created, but realize it is just that, a monster, much like the one he was rebelling against in the first place. 

I think he has had lots of time to reflect on bitcoin, think, and try to make a better system.

Great minds don't just build one thing and retire.  They look at it and try to build another and another.  Satoshi was a builder and a rebeller.  That is his nature and somewhere I think he is still doing just that.  Maybe under a different name and still working on bitcoin, trying to save it and redirect it, maybe on a different project.

[forboon]

I read that pdf and the only similarities I see between "ideal money" and BTC is a common theme of anti-inflation & anti-central banking.

u read the whole thing, realized the fundamental main points are identical, the mans name is inside the psuedo name and u still wont accept it?

The cool factor of Nash = Satoshi might appeal to "geeks" but it doesn't change the underlying weakness of BTC as currency system.   Nash's "ideal money" uses a basket of commodities (CPI) in place of a gold standard,  whereas,  BTC uses arbitrary  and artificial scarcity in the code so it "acts like gold".   "Ideal money" is closer to Keynes "bancor" than BTC.

Don't get me wrong.   The Nash is genius and I love to study game theory.   Still,  I'm not convinced that deflation is preferable.   I'm a firm believer that money needs elasticity to meet demands of the economic cycles.  

you are describing a economy with ideal money, todays revolution is asymptotically ideal.  the commodities index happens in a future u cannot perceive but nash has, when money has a new meaning.

Nash spends an entire section talking about savings and why inflation hurts savings.   I hear the same argument from bitcoiners all the time.   But this rarely reflect reality of most people's lives.   Nobody saves money in cash.   Most of the middle class own property as their main wealth asset.  

Deflation puts long term borrowers at extreme disadvantage.  Deflation makes it hard for people to make big purchase like a house,  student loan,  medical bills.  

In any case the macro is more complex than the neoi classical model I'm presenting.   At the macro level,  deflation can lead to recession and depressions

how about we listen to this man, and believe in him

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