Quote from: adaseb on August 20, 2019, 11:10:40 PM

Quote from: Stubo on August 20, 2019, 07:38:14 AM

I have seen no mention of this yet so I thought I would bring it up:

https://www.ivymclemore.com/blog

The Bitcoin inventor Satoshi Nakamoto is actually James Caan (James Bilal Khalid Caan):

I mined 980,000 Bitcoins using a remote computer and my laptop in 2009. As Hal Finney explained this in his 2013 Bitcointalk post quite accurately, those were the days when difficulty was 1, and you could find blocks with a CPU, not even a GPU.

The real news is that the 980,000 BTC is lost forever. I am a bit surprised that news of the loss of 4.67% of the total supply of BTC has had no impact on the price.

Now, it could be worse, Phil. I know your IRS dealings are a PITA but at least you did not lose $19 billion like James did.

I read it out of boredom, and I think who ever wrote this spent a great deal of time on writing it and trying to connect many events and so forth. Here is what I don't understand?

Most programmers know that hard drives have a very high failure rate, why in the world wouldn't he have a backup? He stated that he didn't want to use any cloud backups because his wallet.dat wouldn't be secure, why not just put it on an old hard drive and put that drive in storage. Or a USB drive or burn it on a CD/DVD or even put it on an old floppy drive?

Also right after he lost his wallet.dat, why didn't he say anything about losing all those bitcoins in the forum?

Some people already analyzed this article and concluded that its false.

I am hoping it is true. But most likely it is not true. I think that btc was created as a response to the banks

Crashing the world economy back in 2008. Btc was used to keep banks in line since it could replace banks if banks fuck up again.