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[Gaz_RB]

Part of his interview with the AP

http://www.youtube.com/watch?v=GrrtA6IoR_E

 

[NYCmetsfan]

Bitcoin wealth is all pure liquid. Within an hour of kidnapping Satoshi, they could have all of the his bitcoins and there is no possible way to ever get them back. One transaction and they are irrevsiblably gone. If someone tried to rob Billy G or Warren Buffet, what are they going to do? Force them to sell billions in stock? The exchanges can be shutdown, trades reversed. Bank withdrawals can be halted. Bitcoin is poof, instantly gone - forever. The pure liquidity of Bitcoin is staggering and scary. 1 billion usd of bitcoin is transferred as easy as 5 usd in bitcoin (even easier due to how the bitcoin protocol is set up).

sounds like an indictment of bitcoin and cryptocurrencies with their lack of regulation

 

[Daria]

Satoshi says "I am not Dorian Nakamoto."
http://p2pfoundation.ning.com/profile/SatoshiNakamoto

P2P Foundation is in the process of confirming the post.
http://www.reddit.com/r/Bitcoin/comments/1zs8fi/i_am_nicolas_mendoza_from_p2p_foundation_we_are/

Creator of P2P Foundation Ning confirms the account email is the same one used in the original bitcoin paper.

 

[DarkFlow]

Well, the name should a clue. He is japanese and he doesn't live in USA. So the last point doesn't apply.

He's a US citizen that lives in California.

 

[Stinkles]

From the AP. Guy is either masterclass or some random Japanese american who used to be named satoshi nakamoto.



There is a key difference between Bill Gates' money and the Real Satoshi's money. Bitcoin wealth is all pure liquid. Within an hour of kidnapping Satoshi, they could have all of the his bitcoins and there is no possible way to ever get them back. One transaction and they are irrevsiblably gone. If someone tried to rob Billy G or Warren Buffet, what are they going to do? Force them to sell billions in stock? The exchanges can be shutdown, trades reversed. Bank withdrawals can be halted. Bitcoin is poof, instantly gone - forever. The pure liquidity of Bitcoin is staggering and scary. 1 billion usd of bitcoin is transferred as easy as 5 usd in bitcoin (even easier due to how the bitcoin protocol is set up).

this is an excellent post.

 

[Dr.Acula]

Satoshi says "I am not Dorian Nakamoto."
http://p2pfoundation.ning.com/profile/SatoshiNakamoto

P2P Foundation is in the process of confirming the post.
http://www.reddit.com/r/Bitcoin/comments/1zs8fi/i_am_nicolas_mendoza_from_p2p_foundation_we_are/

Creator of P2P Foundation Ning confirms the account email is the same one used in the original bitcoin paper.

Confirmed for me at least.

I kind of feel like if Dorian were the real Satoshi, (s)he would not respond, but Satoshi doesn't want the world letting someone else grab credit.

 

[Gaz_RB]

Confirmed for me at least.

I kind of feel like if Dorian were the real Satoshi, (s)he would not respond, but Satoshi doesn't want the world letting someone else grab credit.

I guess I'd like to think that he doesn't want some poor guy's life to be ruined by this.

very mystery

 

[Dr.Acula]

There is a key difference between Bill Gates' money and the Real Satoshi's money. Bitcoin wealth is all pure liquid. Within an hour of kidnapping Satoshi, they could have all of the his bitcoins and there is no possible way to ever get them back. One transaction and they are irrevsiblably gone. If someone tried to rob Billy G or Warren Buffet, what are they going to do? Force them to sell billions in stock? The exchanges can be shutdown, trades reversed. Bank withdrawals can be halted. Bitcoin is poof, instantly gone - forever. The pure liquidity of Bitcoin is staggering and scary. 1 billion usd of bitcoin is transferred as easy as 5 usd in bitcoin (even easier due to how the bitcoin protocol is set up).

I really never considered that.

I guess I'd like to think that he doesn't want some poor guy's life to be ruined by this.

very mystery

That makes so much more sense.

 

[OpinionatedCyborg]

???

I mean... Bill Gates has substantially more money, AND his money is real. Somehow the bounty hunters haven't taken him out yet.

If Bill gates had billions of dollars sitting in his basement in a form of currency that is easy to launder and if he had no security whatsoever, I would bet his life would be at risk.

 

[Daria]

Confirmed for me at least.

I kind of feel like if Dorian were the real Satoshi, (s)he would not respond, but Satoshi doesn't want the world letting someone else grab credit.

I also don't think someone who was sitting on 1million bitcoins would go out to lunch with an AP reporter. I'd GTFO, especially if my all my information was publicly available.

 

[Beant]

this is an excellent post.

http://www.youtube.com/watch?v=GrrtA6IoR_E

Here is a video of the guy being interviewed by the AP. He is a likable character.

I own a few BTC, nothing major, but I do realize that it isn't The-second-coming-of-Jesus-coin. There are 0 consumer protections in place, and not much on the horizon. No charge-backs or real accountability. All of the power is shifted to the seller of goods, which is a vastly different landscape than all mainstream consumers are used to. You are at the seller's mercy for returns, defective items, warranties - all of it. If they want to be a dick about it, there really isn't much you can do besides complain on a forum. It isn't completely hopeless; every bitcoin transaction is recorded, but I don't think for now the local police or any law enforcement agency is going to take the time to investigate a scummy bitcoin scamming company. Maybe regulation could solve some of these issues, but a lot of proponents of bitcoin don't even want that. It's going to be a wild wild west out there in bitcoin land for a while.

 

[x3sphere]

This day keeps getting more interesting. 180,000 BTC just moved on the blockchain:

https://blockchain.info/tx/4ee89f7cf824a85ad5f11d52604ffdebe9f01302bcea8ddec0af450f9185ddf1

Not sure if this is connected to Satoshi's stash, but considering very few people have this much BTC...

Edit: Looks like it may be linked to MtGox.

 

[criesofthepast]

This day keeps getting more interesting. 180,000 BTC just moved on the blockchain:

https://blockchain.info/tx/4ee89f7cf824a85ad5f11d52604ffdebe9f01302bcea8ddec0af450f9185ddf1

Not sure if this is connected to Satoshi's stash, but considering very few people have this much BTC...

Edit: Looks like it may be linked to MtGox.

I get scared sending just a small anount of LTC to and from wallet addresses that I own. Worrying that something will fuck up or I didn't check the addresses properly. Imagine sending over $100,000,000 in a second just like that? So easily. Incredible.

These are very old bitcoin that haven't been touched in a long long time. So someone is doing something here. Apparently linked to a know MTGox address but who knows.

 

[Red Comet]

I'd never known there was such secrecy with Bitcoin's founding. This is a pretty fascinating story, but I don't think Dorian is the right guy. If Nakamoto is taking measures to remain anonymous and Dorian is denying it profusely, why the hell would he use his actual name? None the less, Dorian Nakamoto seems like an interesting person.

 

[Gaz_RB]

I get scared sending just a small anount of LTC to and from wallet addresses that I own. Worrying that something will fuck up or I didn't check the addresses properly. Imagine sending over $100,000,000 in a second just like that? So easily. Incredible.

These are very old bitcoin that haven't been touched in a long long time. So someone is doing something here. Apparently linked to a know MTGox address but who knows.

Looks like it may be scaring some people, price has gone down over 10 bucks in the last few hours. Some people think that the bitcoins are maybe being moved into an exchange to be sold.

 

[PetriP-TNT]

Satoshi ran Magic The Gathering Online Exchange and is now, after getting doxxed, looking to fiatify his butts. #truthfact

 

[HoosTrax]

I'm more interested in why anyone willingly would change their name to Dorian.

That is explicitly addressed in the AP article.

Getting hired by a military contractor was the reason he applied for and received American citizenship. He decided around that time to change his name, adding "Dorian Prentice" to Satoshi Nakamoto, partly to sound more Western. He said he picked "Dorian" because he says it meant "a man of simplicity" and referred to the ancient Greek people. "Prentice" alluded to his affinity for learning, he said.

 

[charsace]

Awesome. Now his life is in danger.

 

[Tom_Cody]

Sorry for the bump. I read the article in OP when it first appeared and I have been reading about bitcoins since then. This article makes a much more convincing case as to Satoshi Nakamoto's identity than the one in the OP:

https://likeinamirror.wordpress.com/2013/12/01/satoshi-nakamoto-is-probably-nick-szabo/