This Man Did Not Invent Bitcoin (NY Times) \ stacker news ~bitcoin

pull down to refresh

This Man Did Not Invent Bitcoin (NY Times)archive.is/R2AZe

6644 sats \ 12 comments \ @tonsobuns 21 May bitcoin

Some surprisingly good coverage by NYT on Craig Wright

146 sats \ 1 reply \ @elvismercury 21 May

Wright might be a fraud and a douchebag, but it sounds like the real magic was unlocked when he formed a Wonder Twins superteam with Ayre, who seems perhaps to be a bigger douchebag:

At nChain, Dr. Wright was a difficult boss, prone to shouting, four people who worked with him said. He liked to flaunt his wealth, bragging that he had more money than the entire country of Rwanda. Employees at nChain attended extravagant parties in London: At one memorable event, arranged by Mr. Ayre, guests ate sushi off the bodies of naked women, while performers in samurai costumes hovered nearby, two of the people said.

10 sats \ 0 replies \ @Fabs 22 May

What a waste of those naked women.

159 sats \ 1 reply \ @beorange 21 May

Anyone able to think and slightly informed would already know this man did not create Bitcoin.

At least this is finally settled. It has been sickening constantly seeing this discussion in the news for the last few years.

23 sats \ 0 replies \ @gmd 21 May

what an f'n asshole... dragged so many innocent people into the mud for his stupidity.

31 sats \ 0 replies \ @freetx 21 May

None of this is going to really matter until Calvin Ayre is sued for his involvement in this fraud.

21 sats \ 4 replies \ @kepford 21 May

he was the mysterious creator of Bitcoin, the original cryptocurrency

Many do not know that this is false. David Chaum created eCash. I know this is a nit pick but one of the criticisms I heard from shitcoiners early in my bitcoin learning phase was that bitcoin was the first and therefore there would obviously be better versions that learned from the mistakes in bitcoin. Not to say there are no mistakes in bitcoin, we have seen improvements over the years. But this is based on a false premise. Bitcoin was the first to really be effective. Not the first. It is built on many technologies that came before it.

I first learned this from reading "The Bullish Case for Bitcoin". I remember checking out this info to confirm it and it actually made me more bullish on bitcoin. As someone that's worked in tech for many years the fact that bitcoin stands of the shoulders of giants. Its not some totally new thing. It is a combination of many ideas and tools that had been worked on for many years. It is built on solid ideas using solid tools.

10 sats \ 0 replies \ @Bell_curve 22 May

There was also hash cash created by Adam Back

There were definitely precursors before the white paper in 2008.

One reason for bitcoin popularity was Silk Road 2011.

We can buy drugs online using bitcoin? Sign me up!

0 sats \ 2 replies \ @Fabs 22 May

Well, it's the first that works, and therefore "the first", or so I view it.

It's the "ragdoll" created from the "rags" of others, so to say. 😜

0 sats \ 1 reply \ @kepford 22 May

Well, you didn't define works. Because if by that you mean will work globally even under attack, and works today then there is no other. But that isn't what people mean when they use the term. When a normie like me in the past hears someone say it is the first that is not what I think. I didn't think it worked in the way I do today.

0 sats \ 0 replies \ @Fabs 22 May

Hm, but we're still cool?

10 sats \ 1 reply \ @025738dda8 21 May

So, the meme "we are all satoshi" does not work anymore...

148 sats \ 0 replies \ @tonsobuns OP 21 May

The irony is that now CSW is the only person in the world who has been legally declared not to be satoshi.