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Bitcoin The Almighty Buck

Bitcoin Inventor Satoshi Nakamoto Could Actually Be Group From Europe 186

Posted by samzenpus
from the we-are-legion dept.
An anonymous reader writes "Bitcoin creator Satoshi Nakamoto could be a group from Europe which has a strong footing in the financial sector. From the article: 'Josh Zerlan, the Chief Operating Officer of Butterfly Labs and a person familiar with the Bitcoin network, has said it is highly likely that Nakamoto could be a group of people working the financial sector. Speaking to IBTimes UK on the sidelines of a Global Bitcoin Conference in Bangalore, India, Zerlan said: "One of the prevailing theories, I think has credibility, is that it was some group of people from financial sector that created this. They released it and stepped back and let it go. So, Satoshi Nakamoto is a group of people, I think, is a reasonable possibility."'"
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Bitcoin Inventor Satoshi Nakamoto Could Actually Be Group From Europe

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  • Ah yes, Josh (Score:5, Informative)

    by Anonymous Coward on Monday December 16, 2013 @12:14PM (#45704351)

    Josh Zerlan/Inaba, noted whiz-kid who runs one of the most fly-by-night ASIC companies, and who curses out his customers and insinuates things about their sexual proclivities rather than provide actual customer service. A highly-qualified individual to be speaking on the topic of Bitcoin, surely.

  • Unlikely (Score:4, Informative)

    by Rinisari (521266) on Monday December 16, 2013 @12:39PM (#45704621) Homepage Journal

    Zerlan hasn't often been accurate in his estimates of things.

    I'm not going to bother to link to these because a quick Google search can turn up the evidence.

    Nakamoto registered the domain on a somewhat obscure Japanese site. His communication in English had all kinds of clues that his native language was Japanese (sentence structure, word choice, etc.). He was active during daylight and evening hours in Japan.

    I really wish people would stop speculating who he is. It only matters to those who can't read the code and understand that it ultimately doesn't matter, except the possibility that he may one day "come back" and have several hundred thousand Bitcoin to himself. As benevolent as he acted, it's unlikely that he'll pull a Biff Tannen [] and rule the world. However, miners have the power to stop him if he tries.

  • by Actually, I do RTFA (1058596) on Monday December 16, 2013 @01:14PM (#45705033)

    Pointless random guesswork aside, why do journalists feel the need to say the exact same thing 3 to 5 times in the first few paragraphs? Once is enough, surely?

    According to my journalist friend, it's how they were taught. The headline, the first paragraph and then the first... I forgot how much, are each supposed to be readable to get the story in various depths of knowledge. Newspapers have been accounting for TL;DR since long before the Internet.

  • Re:Unlikely (Score:5, Informative)

    by IamTheRealMike (537420) <> on Monday December 16, 2013 @02:17PM (#45705687) Homepage

    Just a few minor corrections (I had multiple private email conversations with Satoshi over a couple of years before he disappeared).

    The bitcoin site was registered via an anonymous DNS registrar that specialises in anonymous speech. For a short while he also used an email account from the same service, again, a service dedicated specifically to anonymous speech. I've seen no evidence it was selected due to any links to Japan.

    I don't know where you got the idea that his writing style was that of a native Japanese speaker. He never once wrote anything in Japanese or even referred to Japanese culture. His writing style was actually that of a British guy: full of British English spellings and mannerisms. Also, he timestamped the genesis block by including a headline about the British banking bailouts from The Times. That's a British newspaper that is most commonly referred to outside the UK as "The London Times" due to its rather generic name. It would be rare for an American or Japanese person to refer to it just as "The Times". Finally, his forum account was set to GMT and his posting activity was during evenings GMT.

    Having worked with his code and the man himself, at least for a short while, I think Satoshi was very likely to be a single person, who lives in the UK. But that said, I've never dug any deeper because he clearly wished to have his privacy and I think it would be a sad day if Satoshi's real identity were revealed without his permission.

  • by rsmith-mac (639075) on Monday December 16, 2013 @09:05PM (#45710143)

    Leaves less of a paper trail and makes it somewhat easier to avoid paying capital gains tax on the proceeds.

    Of behalf of all of the people who legitimately pay taxes on their capital gains, fuck you.

Adding manpower to a late software project makes it later. -- F. Brooks, "The Mythical Man-Month"