Tag: satoshi nakamoto

Aug 01 2022

Craig S. Wright Awarded £1 Damages in “False” Bitcoin Libel Case

Peter McCormack has been ordered to pay Craig S. Wright 1 in damages. A Deliberately False Case Craig S. Wright will receive 1 in damages from his libel case against...

May 11 2022

Satoshi Nakamoto’s Bitcoin State Of Mind

Bitcoin fits into the framework of economic equality, which exposes Nakamoto’s intentions to provide an opportunity to opt out of the financial system.Imagine Tupac Shakur (also known professionally as 2Pac) coming back to discover modern rap music. At the very least, he would have some questions, “What the fuck is ‘mumble’ rap?” Not that 2Pac invented rap, but he’s certainly...

Apr 01 2022

Bitcoin Vs. Ethereum: TIME’s “Prince of Crypto” And Why Satoshi Is King

Disclaimer: The following op-ed represents the views of the author, and may not necessarily reflect the views of Bitcoinist. Bitcoinist is an advocate of creative and financial freedom alike. TIME Magazine is a respected media outlet with just under 100 years of publishing prowess under its belt. Its recent exposé on Ethereum creator Vitalik Buterin...

Mar 07 2022

Newsweek’s Satoshi ‘Reveal’ Eight Years On

Reading Time: 3 minutes Eight years ago yesterday, Newsweek ‘revealed’ the identity of Satoshi Nakamoto Unemployed stroke victim Dorian Nakamoto strongly denied the claims, with the author getting pilloried for her investigative methods With hindsight, is it possible...

Feb 14 2022

How Bitcoin Fits With ‘Beautiful Mind’ Mathematician John Nash’s Ideal Money

Pioneering mathematician John Nash laid out a concept for “Ideal Money” that has parallels with Satoshi Nakamoto’s Bitcoin.“I think of the possibility that a good sort of international currency might EVOLVE before the time when an official establishment might occur….Here I am thinking of a politically neutral form of a technological utility rather than of a money which might, for...

Feb 09 2022

Bitcoinist Book Club: “The Bitcoin Standard” (Chapter 8, Part 2, Proof-Of-Work)

To understand Bitcoin, people need to understand Proof-Of-Work. It might be the most crucial aspect of the network. Proof-Of-Work provides security, resolves the issuance problem, and guarantees “a ledger of ownership and transactions that is beyond dispute.” And that’s just the beginning. How does Proof-Of-Work accomplish all that? That’s what this section is all about....

Feb 08 2022

Investor Focus Misdirects Fidelity ‘Bitcoin First’ Report

A recent report from financial services giant Fidelity captures Bitcoin as an asset class of its own, but fails to recognize its true potential.On January 18, financial services giant Fidelity published “Bitcoin First: Why Investors Need To Consider Bitcoin Separately From Digital Assets,” written...

Jan 28 2022

Celebrating Data Privacy Day With Bitcoin And Crypto

Today is International Data Privacy Day — a day focused on raising awareness around data privacy best practices. Data privacy is an important aspect of Bitcoin and some other altcoins, and as such, we’re celebrating Data Privacy day with a list of best practices for crypto users. Cypherpunks: Remembering Satoshi, Finney, And The Fight For Privacy...

Jan 18 2022

What If Lawyers Had Vetted The Bitcoin White Paper?

The surge in “crypto lawyers” attempting to enter the ecosystem makes one wonder what they would have done to Bitcoin if they had the chance.One of the central reasons for Bitcoin’s success is that lawyers never touched the Bitcoin white paper. Watching now how legal professionals are trying to identify themselves as “crypto lawyers” and to offer legal support to blockchain startups,...

Jan 07 2022

Why Bitcoin’s Satoshi Nakamoto Was Giordano Bruno

The pseudonymous creator of Bitcoin, like Giordano Bruno, also challenged government-backed, violence-enforced dogma.The invention of Bitcoin comes after decades of hard work, persecution by the government and the relentless perseverance of the cypherpunks. Satoshi was humble enough to stand on the shoulders of cypherpunk giants and use many existing, first principle design parameters to help him/her/they create...

Jan 03 2022

Quantum Resistance: Taking Proof Of Keys Day To The Next Level

Celebrate this Proof Of Keys Day by considering the future of Bitcoin security: quantum resistance.When Satoshi Nakamoto mined the genesis block 13 years ago today, giving rise to the Bitcoin blockchain, he sparked a cryptographic revolution — you could store your wealth behind personal private keys.Recognized every January 3, Proof Of Keys Day is an opportunity to reflect on that breakthrough...

Jan 02 2022

5 Things to know about Solana – The Alleged Ethereum Killer

You may have heard of an 'up and coming' competitor to Ethereum lately, but if not, 2022 could be a great time to start researching in Solana. 'Layer 2 blockchain solutions' and 'Web 3' have been getting a lot of buzz around social media but what's it all about? Investment strategist Raoul Pal actually compared the parabolic growth of Solana with Ethereum in...

Dec 31 2021

Bitcoin vs Ethereum: Which Is Better For Investing?

Blockchain technology, a digital ledger processed by a worldwide network of computers, is at the core of various cryptocurrencies....

Dec 21 2021

Latest Court Ruling Is Not A Win For Craig Wright Or His Satoshi Claims

Craig Wright has suffered another loss in court related to debunked claims that he invented Bitcoin, and now he’s been ordered to pay $100 million.Craig Steven Wright has suffered a massive loss in the almost four-year-old legal dispute with Ira Kleiman,...

Dec 17 2021

‘Satoshi Nakamoto’ Sues Craig Wright et al For $1 Billion

Reading Time: 2 minutes Someone claiming to be Satoshi Nakamoto has sued Craig Wright and five others for $1 billion The exact nature of claim is buried in a hotchpotch of rambling, unhinged testimony The filing is the work of someone with a tenuous grip on reality...

Dec 13 2021

Why Kleiman vs Wright Isn’t Over Yet

Reading Time: 2 minutes Craig Wright may have scored a victory of sorts over Ira Kleiman, but this is the first of a series of battles Kleiman is also doing battle with Wright’s ex-wife Lynn and current wife Ramona The legal tussles involve the Tulip Trust and...

Dec 10 2021

Craig Wright Already Late With $100 Million Payment

Reading Time: 2 minutes Craig Wright has not paid the $100 million he said he was “relieved” to have been hit with Wright is accruing interest every day he delays in making the payment The Satoshi Wannabe has still not paid Hodlonaut from a decision made in June 2019...

Dec 09 2021

What is Bitcoin SV? Should you add BSV to your portfolio?

Bitcoin SV or Bitcoin Satoshi‘s Vision is a hard fork of Bitcoin Cash. The coin was tossed in the fall of 2019 fetching on a so-called "hash war“. Bitcoin SV has hardly any discrepancy compared to Bitcoin Cash,...

Dec 08 2021

Did the U.S. Government Create Bitcoin?

Reading Time: 2 minutes There are some theories that the U.S. government created Bitcoin These theories gained traction recently thanks to comments from the CIA Director William Burns Why would the government have created Bitcoin and what is the evidence to support...

Dec 07 2021

Kleiman vs Wright – Five Things We Learnt

Reading Time: 3 minutes Craig Wright’s case against the estate of Dave Kleiman drew to a close yesterday Wright was found to have stolen bitcoin and intellectual property from a company the pair operated together in 2013 What did we learn from the case, the trial, and...

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