Satoshi Nakamoto

“He owns about a million Bitcoin at a trading price of about 6700 dollars today is worth about 6.7 billion dollars.”

“And if I had to bet, I think those folks were on these mailing lists early back in the day, and they were working with that community as well.”

“Bitcoin is not ruled by a benevolent dictator. So Satoshi, the creator of Bitcoin actually left the community in very early and has not been seen since. One thing that I think is really fascinating is that there is no leader.”

“One of the things is that I don't think that any of the candidates for Satoshi is the real candidate, because there's a remark that Satoshi made in one of his things where he, rather than saying six degrees of separation, like in terms of social network, he sa…”

“Which actually makes me think it had to be a group, almost, because, like, the game theory it out against all the different attacks.”

“For a long time, you know, for a long time it wasn't very well known, because Satoshi's white paper didn't mention it, and he didn't talk about it in, you know, his mailing list post either.”

“He imposed a maximum one megabyte block size, and as there's one block every 10 minutes on average, that's, you know, you can calculate a maximum transaction rate from that. And at the time he put it in, we were around, you know, less than 10 kilobytes per blo…”

“So when Satoshi left, he nominated Gavin Anderson as the, as his successor. And Gavin was maintainer of Bitcoin Core for a while, and then he delegated that again to Vladimir Vandalan.”

“Instead, it sounds like, it looks like a PR stunt. That person, Sasoshi Nakamoto, I wouldn't expect A PR stunt from that person. I would expect a technical kind of undertaking when he would come out, if that is the case.”

“I think the best way to think of Satoshi's original paper is nine pages of incentives.”

“So when Satoshi Nakamoto was inventing Bitcoin, he tried to figure out how to add encryption into it, and he couldn't figure it out. It didn't fit, because back then, 10 whole years ago we didn't have good enough zero-knowledge proofs.”