Skip to main content

The New Satoshi Text I

Prevailing bitcoin logo


Those of us who care about the identity of the mysterious fellow, or combine, known as Satoshi Nakamoto have had something new to talk about in recent days.

For those who don't care, you may be excused.

For those who don't know what I'm talking about, here are the basics in one graf: From October 2008 to December 2010 a person or persons calling himself/themselves Satoshi Nakamoto developed bitcoin, authored a paper explaining it to the world, and engaged in discussions about it with a (then small) circle of interested parties. This was the start of something big. Bitcoin gave rise to a slew of other cryptos, and the underlying tech, the blockchain, has found and is still finding uses far beyond the issue of cryptocurrency use or value. Some people believe that the creation of Bitcoin was and is as big a deal as, say, the creation of the worldwide web.

So who is he? And might he be planning a comeback in some form? Or has the comeback itself already happened and fizzled (in December 2015)? More on that possibility in Part II.

For now, the news is that there is a new text to puzzle over. A website, the Nakamotofamilyfoundation.org has appeared, and offers a new excerpt from what is said to be a forthcoming book, or two volume set, by THE Satoshi. It purports to tell the true origin story of bitcoin.

So: is it real or a fake?

Probably a fake. The English idioms have shifted from British to American, there are typos that the original Satoshi (who was scrupulous in such matters) would surely have deterged before showing the text to the world, etc.

What is curious is the intensity of the reaction. Assuming that it is a fake, it is an amusing something to talk about, something that helps get one's mind off of an orange and sociopathic American Pres and the other things one might be obsessing about these days. But the reaction has been along the lines of "it's a fake, and THAT is atrocious -- how dare anyone pretend to be SN!!!"

Well, they dare because they dare. It isn't all that daring and it's been done before without untoward consequence (once, most amusingly, by a Japanese man who actually IS named Satoshi Nakamoto but who turned out not to be THE Satoshi Nakamoto.)

A writer at bitcoin.com says: "The trouble with analysing the work of supposed Satoshis is that it simply encourages more copycats, like fixating on school shooters."  THAT is the kind of overwrought reaction I'm talking about folks. School shooters? Really?

Related thoughts, and some quotes from the new probably-fake text, (which is itself the product of an interesting mind) tomorrow.

Comments

Popular posts from this blog

A Story About Coleridge

This is a quote from a memoir by Dorothy Wordsworth, reflecting on a trip she took with two famous poets, her brother, William Wordsworth, and their similarly gifted companion, Samuel Taylor Coleridge.   We sat upon a bench, placed for the sake of one of these views, whence we looked down upon the waterfall, and over the open country ... A lady and gentleman, more expeditious tourists than ourselves, came to the spot; they left us at the seat, and we found them again at another station above the Falls. Coleridge, who is always good-natured enough to enter into conversation with anybody whom he meets in his way, began to talk with the gentleman, who observed that it was a majestic waterfall. Coleridge was delighted with the accuracy of the epithet, particularly as he had been settling in his own mind the precise meaning of the words grand, majestic, sublime, etc., and had discussed the subject with William at some length the day before. “Yes, sir,” says Coleridge, “it is a maj...

The Lyrics of "Live Like You Were Dying"

Back in 2004 Tim McGraw recorded the song "Live Like You were Dying." As a way of marking the one-decade anniversary of this song, I'd like to admit that a couple of the lines have confused me for years. I could use your help understanding them. In the first couple of verses, the song seems easy to follow. Two men are talking, and one tells the other about his diagnosis. The doctors have (recently? or a long time ago and mistakenly? that isn't clear) given him the news that he would die soon. "I spent most of the next days/Looking at the X-rays." Then we get a couple of lines about a man crossing items off of his bucket list. "I went sky diving, I went rocky mountain climbing, I went two point seven seconds on a bull named Fu Man Chu." Then the speaker -- presumably still the old man -- shifts to the more characterological consequences of the news. As he was doing those things, he found he was loving deeper and speaking sweeter, and givin...

Five Lessons from the Allegory of the Cave

  Please correct me if there are others. But it seems to be there are five lessons the reader is meant to draw from the story about the cave.   First, Plato  is working to devalue what we would call empiricism. He is saying that keeping track of the shadows on the cave wall, trying to make sense of what you see there, will NOT get you to wisdom. Second, Plato is contending that reality comes in levels. The shadows on the wall are illusions. The solid objects being passed around behind my back are more real than their shadows are. BUT … the world outside the the cave is more real than that — and the sun by which that world is illuminated is the top of the hierarchy. So there isn’t a binary choice of real/unreal. There are levels. Third, he equates realness with knowability.  I  only have opinions about the shadows. Could I turn around, I could have at least the glimmerings of knowledge. Could I get outside the cave, I would really Know. Fourth, the parable a...