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by kayamon 847 days ago
Bitcoin works because you can prove it mathematically without Satoshi's involvement. He made a quote in the recent email dump that reinforces this: "self-evident proof of the majority consensus”. [1]

[1] https://twitter.com/pete_rizzo_/status/1760718747768087033

The world doesn't need Satoshi for Bitcoin to continue working. And so the reason people want to find his identity is because there exist people in the world who lie, cheat, steal and ultimately kill. Those people want to find Satoshi, to punish him for inventing a fair system of economic trade that doesn't cut them into it.

2 comments

That's probably the most ridiculous answer there is.

1. The chance that something like Bitcoin is a logical virus and being though of is.not that far fetched. All of it's tec was already here.

2. Just because people believe in Bitcoin and don't understand it doesn't make it fair.

3. People like to think about it because he is still the inventor even if his invention is responsible for a tremendous amount of CO2 and he should be very rich which makes this 'mystery' interesting

And as said in a thread yesterday: Bitcoin doesn't even solve the trust issue.

"he should be very rich"?! (emphasis mine)

Also, out of curiosity since I'm here: what trust issue does Bitcoin not solve?

Bitcoin fans say it solves 'the' trust issue.

If you do something on the block chain with your Bitcoins it's save.

Just that the only thing it does is making sure you can send or retrieve a Bitcoin securely but that you need other security mechanism to make sure the trade is protected gets ignored.

Like every trade involving something outside the chain is still not save.

Buying Bitcoin, selling Bitcoin, trading a Bitcoin for a service.

common core math