Hacker News new | ask | show | jobs
by Devar 2356 days ago
DrCraigWright has had his account blocked, he states (Why!?), so he asks this to be posted:

---

Yes, I know you love to run around going “Craig’s not Satoshi, don't listen to him”. However, all of that is irrelevant. The simple fact of the matter is that I've taken the original protocol that I designed and implemented it and it scales and it works. Not the way that people like James A. Donald desired (and yes, he is a child pornography and paedophile and that is part of why he wanted an anonymous coin, something I didn't realise in 2008). Rather, it is a micropayments system that changes the entire nature of the Internet. It allows companies like Google and Facebook, or rather the ones that will replace them to create systems that earn through micropayments and at the same time allow individuals to earn the money to pay for this. It's not the concept that people in the cryptocurrency space think about, but then the people in the cryptocurrency space are rarely those who will take this forward.

Don't worry, you can still play. I do know how to fix lightning; I have patents on it. Likewise, I have patents that would fix Ethereum but then I don't need to, bitcoin doesn't need Ethereum.

It surprises me how little people bother to learn. The entire cryptocurrency space is premised on ideas that have gone before. The only true innovation that I added to bitcoin was an economic system that linked to a traceable pseudonymous series of transactions. Proof of work-based Cryptocurrencies existed 20 years ago. Distributed Cryptocurrencies existed 20 years ago. The entire technical and corporate space 20 years ago was larger than the entire bitcoin space and in fact cryptocurrency space at the peak a couple years ago. But then, few bother to actually do the research. Few and then fewer even bother to understand that the concept of a blockchain, of hashing a block of information into next block was not new. It was published 25 years ago.

Yet none of you seem to have bothered to take the time to read the source documents. I shouldn't be surprised at this sort of attitude, I sought in students all the time. People are becoming lazy, not all of us but many.

It's interesting in a way that people believe that bitcoin acts outside of government and law. In the Whitepaper I stated that bitcoin nodes, miners enforce the rules. I didn't say that they create the rules. I said that the rules were set in stone. The incentive system allows miners to act in a manner that keeps them honest. You see, in law, the definitions of used in the Whitepaper have meaning. In particular, the term attacker has meaning.

Bitcoin is an economic system. Miners always end in data centres. It doesn't matter how you change the proof of work protocol. If an ASIC device was never created, it would still be more efficient for miners to end running many many computers in a data centre. In scale there is efficiency. The problem is that you guys think you can beat me. You don't even realise you've already lost. Then, commenting on information that I know when you don't and some of you will say this informational asymmetry is an unfair advantage. I'm sorry if you're a snowflake and I don't care.

This collectivist, socialist mindset that has infiltrated what people call libertarian thought is rather despicable. You seem to actually believe, surprising as that seems that you have a right and that I have an obligation to give you information. That when I'm not seeking anything from you, what am not asking you to help, where in fact I don't actually care two damns about your existence that I should do something to obtain your gratification or even some respect from you. I'm sorry, I don't care about the respect that some people seem to garnish and gather from social media sites to their pseudonymous identities. It is funny to watch however.

Enjoy. 2020 is going to be an interesting year and some of you are going to find out how interesting very shortly.

that you want to use the _Dread Pirate Roberts_ defense - I was only just handed these keys... But that will never be. It does not matter at all what you say. You shall learn just how far gone you are this year and just how many people see you as the fool.

Enjoy failure... It has been your life and it shall remain so.

- DrCraigWright