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this post was submitted on 21 Dec 2024
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Technology
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How frustrating would it be to be this guy if his claims were true.
Then it would be trivial to sign a message using his known wallet address that could be cryptographicly verified. But he is lying so he can't.
I don't think this guy is Satoshi but no Bitcoin wallets known to belong to Satoshi have been active since their initial transactions. I think it's likely that the keys for those wallets have been lost. So I don't think the inability to sign these messages proves that he's not Satoshi, the fraud does though.
I think that's entirely possible. But I think it's also quite likely that those wallets are intentionally being left alone. I think there are legitimate fears that revealing the identity of Satoshi would destabilize the Bitcoin economy (as well as make that person a serious target). Personally, if I were Satoshi, I would try to keep my identity secret.
Also, if you were to ask me, i'd say that this guy isn't Satoshi because in all likelihood, Satoshi is Nick Szabo.
I've often heard about these legitimate fears, though why would revealing Satoshi's real identity destabilise the bitcoin economy/make him a target?
Genuinely unsure.
Because there is a huge number of bitcoins in the wallets believed to belong to Satoshi.
A lot of the people in the bitcoin markets just assume that those wallets will remain dormant indefinitely, and if there is any activity on them it might unnerve enough of them to cause a collapse.
If the keys have been lost then so has Satoshi. Otherwise any random idiot can say they're satoshi. Sucks to suck.
Pretty sure they caught him in a lie or two