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Peter Todd in hiding after being “unmasked” as bitcoin creator (arstechnica.com)

submitted 1 month ago by some_guy@lemmy.sdf.org to c/technology@lemmy.world

50 comments fedilink hide all child comments

Todd’s urgent dismissal of the documentary reads to Hoback like an attempt to throw Satoshi-hunters off the scent. “It doesn’t surprise me at all that Peter would go on the offense. He’s a master of game theory—it’s what he does. He has spent a lot of years now muddying the waters,” says Hoback. “He’s an unbelievable genius.”

I haven't seen the docu, but I did like his (Hoback's) docu about Qanon, Q: Into the Storm.

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[–] jagged_circle@feddit.nl 4 points 1 month ago (1 children)

The white paper literally says its supposed to he a digital cash, which is legal tender.

And at least one country has already made if officially legal tender lol

[–] echodot@feddit.uk -1 points 1 month ago (1 children)

It's not digital cash it's digital gold. It doesn't have a predefined value that can be equated against another currency because its availability is limited, It's not currency it's a commodity.

It will become a currency when mining stops, when there is no more bitcoin being made and the value is set against other currencies that's when it becomes a digital currency, assuming that ever happens.

[–] jagged_circle@feddit.nl -2 points 1 month ago (1 children)

Wrong. Read the white paper.

[–] echodot@feddit.uk 2 points 1 month ago* (last edited 1 month ago) (1 children)

Your know of course that what's some random crypto bro thinks about his production is not a basis of reality right. ?

Reality is defined by everyone else.

[–] jagged_circle@feddit.nl 0 points 1 month ago (1 children)

Lol I think the creator of a concept deserves special treatment in what they created. For example, Darwin's ideas weren't about white supremacy, even if social Darwinists used it to justify eugenetics.

[–] echodot@feddit.uk 1 points 1 month ago

I'm not sure I quite follow the logic there. If I hit you over the head and tell you that it's actually a prescribed medical procedure, you are still being hit over the head.