Satoshi Nakamoto

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The Satoshi Revolution – Chapter 3: Exchanges – Exchanging Liberty for Convenience? (Part 6)

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The Satoshi Revolution: A Revolution of Rising Expectations. Section 1 : The Trusted Third Party Problem Chapter 3: Trying to Undo Satoshi by Wendy McElroy Exchanges – Exchanging Liberty for Convenience? (Chapter 3, Part 6) The best “TTP” of all is one that does not exist, but the necessity for which has been eliminated by … Read more

Twenty Years Ago, Two Men Predicted Bitcoin

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Clinton began his second term as President of the United States. Titanic dominated the box office. Hanson’s “MMMBop” stormed music charts. The year, 1997, also turned out to be when two cranks, fringe thinkers, wrote The Sovereign Individual: Mastering the Transition to the Information Age (TSI), published by Simon & Schuster. Catastrophic impresarios James Dale … Read more

People Keep Sending Satoshi Nakamoto Bitcoin

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Satoshi Nakamoto is the original hodler, having left the bulk of his coins unmoved since day one. The theoretical wealth of bitcoin’s pseudonymous creator is a hot topic, and one that the mainstream media are especially fond of pondering. In recent weeks, bitcoin’s record highs have propelled Satoshi into the billionaire league, making him one … Read more

The Satoshi Revolution – Chapter 3: Wall Streeting Bitcoin (Part 5)

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The Satoshi Revolution: A Revolution of Rising Expectations. Section 1 : The Trusted Third Party Problem Chapter 3: Trying to Undo Satoshi by Wendy McElroy Wall Streeting Bitcoin (Chapter 3, Part 5) Bitcoin was supposed to demonstrate the power of a true free market. Instead it’s full of scams, rent-seekers, theft, useless for real purchases…. … Read more

New Chain Platform Ivy Brings Smart Contracts to Bitcoin

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Smart contracts – self-executing pieces of code – are most commonly associated with the ethereum network. Long before Vitalik Buterin tried to sell a fake quantum mining computer and dreamed up his “global supercomputer”, however, Satoshi Nakamoto saw the potential for smart contracts, even though the term had yet to be popularized. The bitcoin blockchain … Read more

“Fake Satoshi” Dorian Nakamoto is Probably $273,000 Richer After Selling His Bitcoins

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In 2014, Dorian Nakamoto was wrongly identified as being the inventor of bitcoin. In the aftermath of Newsweek’s faulty dox, a compensatory fund set up for Dorian raised over 67 BTC. Like his namesake, the faux Satoshi has exercised remarkable restraint, leaving his haul of coins untouched until this year – when he finally cashed … Read more

How Dorian Nakamoto Became Satoshi Nakamoto

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In 2014, Newsweek doxxed Dorian Nakamoto, an unassuming senior, as the creator of bitcoin. The bumbling Dorian, who claimed never to have heard of the digital currency, was besieged by journalists for days, prompting him to plot a harassment lawsuit. As introductions to bitcoin go, Dorian’s was hellish. And yet, three years on from the … Read more

The Satoshi Revolution – Chapter 3: Do You Want a Government Fiat Crypto? (Part 4)

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The Satoshi Revolution: A Revolution of Rising Expectations. Section 1 : The Trusted Third Party Problem Chapter 3: Trying to Undo Satoshi by Wendy McElroy Do You Want a Government Fiat Crypto? (Chapter 3, Part 4) It is the ability of governments to acquire money without direct taxation that makes modern warfare possible, and a … Read more