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[deleted]
on March 6, 2014 | hide | past | favorite


Being labeled Satoshi regardless of truth is pretty much going to get you robbed, kidnapped or killed. This dude lives in this town and has $400M of untraceable currency? You can be sure as hell that somebody will do something stupid to try and get to it. I wouldn't wish this label upon anybody, it's exactly why the community tries to avoid speculating about it.

The article is probably nonsense but incredibly dangerous none the less.

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Archive sans paywall — http://archive.is/wbw97


There are many people who have at least that sum of money and they appear in public all the time. I have heard this same thing about "him surely getting robbed or killed" several times now, it feels always a bit odd to me.


It's their right to stay private if they want to. What seems odd is that so many people are trying to unmask them.


Untraceable currency?


Hyperbole. Bitcoin is presented in some media as an "anonymous" "untracable" currency, but it's really neither.


Not just in media.

I hear Bitcoin advocates frequently claim that government has an interest in "shutting down Bitcoin", but compared to the all-cash industry of most organized crime, Bitcoin's pseudonymity is law enforcement's dream come true. A state actor would merely have to obtain the identity of one key in a series of transactions on the blockchain, and would gain far more information than any informant could provide. Sure, mixers and other methods could obfuscate this, but it's not like 7/11 tracks serials of hundred dollar bills, so the blockchain by definition is richer source of transaction data.

Full disclosure: I believe strongly in the concept of crypto currencies and Bitcoin, but do not own any coins/alt at the moment.


> it's really neither.

Not just that, it's the most traceable currency on the planet. It's built on having every transaction fully traceable to the original source - a mined block, through every other transaction that contributed to the one in question. Traceability is a fundamental feature of bitcoins.


This is a horrible thing Newsweek has done. Someone could easily think he has the "secret code" to unlock Bitcoin and kidnap him, or try to rob him or his family directly. Kidnapping? Who knows.

This was terribly irresponsible of Newsweek.


So Satoshi Nakamoto is actually named Satoshi Nakamoto? Woah, always assumed it was an a group of people operating under a psuedo. Doesn't seem right.


There is really no compelling evidence in the article that this Satoshi Nakamoto is the inventor of Bitcoin. Regarding his stance to not discuss Bitcoin, I imagine he has already been approached by journalists (or lunatics) in the past, and I would be as reluctant.

It might be him but it requires some leap of faith to relate the love of model trains to the design of cryptocurrency.


How is the public served by learning about all of the relatives of someone that might be the real creator of Bitcoin? Even if he is correct in his research, what have we really learned?

This basically reads like a random infodump from stalking someone.


Its behind paywalls & I have opened this newsweek site for the first time ever but my '5 article limit' is over! wow!


Try using a 'private' browsing session in your browser - that usually gets around it (worked for me)


Does pretty much giving out the guys home address count as responsible reporting?


"You have reached the limit of 5 free articles a month"

Don't think I've ever been to this site before.


The way these "news" sites talk about bitcoin is quite fearful and ignorant. I find it incredibly irritating.


"You have reached the limit of 5 free articles a month" I haven't even used this site ever, and I'm using a mobile broadband connection so my IP is changing every time I restart my MIFI modem...


$130 BTC in late february? Are they referring to goxcoin?


Credit to @amidvidy for finding this.


paywalled.


Paywall :(


PaparazziWeek.




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