Re: I'm Satoshi, We are all Satoshi

On 2024-10-08 03:50:43 +0000, olcott said:

On 10/7/2024 8:56 PM, Mild Shock wrote:

Hi,
 USA with the Trump/Elon stunt right now
going through an awakening about distributed
computing and computer cryptography:
 The Legendary Treasure of Satoshi Nakamoto
https://www.youtube.com/watch?v=iIWViimqRMU
 BTW: It is not true that like gold and real
estate, Bitcoin is a successful store of value
because it’s difficult to increase its supply.
 Don't forget to buy other coins, Bitcoin has
limited supply, it will soon be a historical
footnote. Everybody knows, there are better
 coins and coins are swiftly replacable.
I wonder when and how fast this decline of BTC
will happen. Will be funny to watch!
 Bye
 Meanwhile enjoying some classics:
 " That is a question that I am no more able to
answer than yourself. There seems, however, only
one plausible way of accounting for them - and
yet it is dreadful to believe in such atrocity
as my suggestion would imply. It is clear that
Kidd—if Kidd indeed secreted this treasure, which
I doubt not—it is clear that he must have had
assistance in the labor. But this labor concluded,
he may have thought it expedient to remove all
participants in his secret. Perhaps a couple of
blows with a mattock were sufficient, while his
coadjutors were busy in the pit ; perhaps it required
a dozen — who shall tell ? "
The Golden Bug - Edgar Allan Poe
https://archive.org/details/goldbug00poee_1/page/50/mode/2up

 Warren Buffet said it is rat poison squared.
More aptly current digital currency is simply a Ponzi scheme.
Backed by gold or even dollars could fix this.

A metal coin, even if nobody accepts it as money, can be serve
a usful purpose as a piece of metal. What useful purpose can
Bicoin serve when it is no longer accepted as money?
--
Mikko