Post
Topic
Board Bitcoin Discussion
Re: Could Satoshi Nakamoto be Mike Hearn?
by
SkyscraperFarms
on 12/10/2017, 18:20:31 UTC
David Kleiman, who unfortunately passed away in 2013, could be our best candidate for Satoshi Nakamoto's true identity. Here's an article on Kleiman's background and story. None of those claiming to be Satoshi have ever moved the genesis blocks Satoshi is known to own the private keys to. With Satoshi holding 1 million plus btc, which are now worth more than $4 billion, the best explanation is Satoshi must have passed away.   Sad

No.

Even Mike clues everyone in as to what happened to all the early coins that are still unspent.
Quote
I no longer have the keys that were referenced in my initial emails with Satoshi. That's why the remaining coins are unspent. At the time bitcoins had no value at all and nobody else was using the system, so I didn't bother backing up the wallet and eventually lost it. Back then there were no forums, no markets, no exchanges, no usage at all as far as I could see and Satoshi did not seem to have any interesting in marketing either.
https[Suspicious link removed]TwrC8/hqdefault.jpg[/img]
"You mistaken a 2009 Bitcoin forum for a Bitcoin forum in 2009."[/center]

https://bitcointalk.org/index.php?action=profile;u=2700


On 17 Mar 2010, the now-defunct BitcoinMarket.com exchange is the first one that starts operating.

Does anybody know what Mike Hearn has been smoking?

Aside: Re the last link above, I smell an update for the below in the making ...


Oh, and speaking of "no market", let's revisit Mike's first post, eh?

https://bitcointalk.org/index.php?topic=2270.msg30122#msg30122

You do realize that Bitcoin started 11 months before what ever it is you are trying to reference here and everything I am talking about happened during that first year. For example, the bulk of Satoshi's coins are from 2009, and Mike is confirmed to have been involved in October of 2009 for sure and through his emails as early as April 2009. Also there was no value in bitcoin during this time as you submitted a link to that proof yourself. I think you are confusing December 2009 with December 2008 or something. Even up until Satoshi went silent here, bitcoin had very little value and didn't find dollar parity until after he walked away from the forum. I am not sure what you think you are proving here but you are wrong in whatever you are attempting.

Mike is Satoshi.

Mike doesn't have the keys to the coins he mined in 2009 which means Satoshi does not have the keys to the coins mined in 2009 because they had no value.

For fun, let's assume Satoshi did mine 1 million coins throughout 2009 and 2010. Up until August of 2010 bitcoin had zero value. That is $0. So for 1 year and 8 months (or 20 months) Satoshi was holding onto a wallet or private keys for 20,000 blocks mined (1,000,000 divide by 50) worth of coins that had zero value. Why? Why would he preserve something so worthless at the time when he said multiple times it was an experiment and beta?