I'd like to have an open discussion about the origins of Bitcoin, who made it, why, and what it means for the future

I'd like to have an open discussion about the origins of Bitcoin, who made it, why, and what it means for the future.

Was it a lone actor? NSA? Aliens? What do we know?

October 31, 1996
NSA releases a paper: "How to Make a Mint: The Cryptography of Anonymous Electronic Cash".

September 15, 2008
Lehman Brothers collapses.

October 31, 2018
Satoshi Nakomoto releases the Bitcoin white paper, exactly 12 years after the NSA paper.

21,000,000 maximum supply.
1,000,000 (4.76%) locked away in Satoshi's wallet.

Why 21 million? Why the 1 million?

1,700,000,000,000 US Dollars in circulation as of January 2019 as reported by the Federal Reserve.

Will we reach 2,100,000,000,000? If so, will it mark some grand event?

Bitcoin has proven to be untouchable. Chinese fuck with it? Russia steps in. Russia cuts power to the their miners? South America expands to meet demand. US regulator calls for its containment? Price sky rockets. Trade wars? China uses Bitcoin as a safe haven.

Where are we headed? Is the fabled 10 million Bitcoin possible? How does the 21 Total Supply come into play?

Attached: 1561442476257.png (474x550, 148K)

>1,000,000 (4.76%) locked away in Satoshi's wallet.
not true

"satoshi's coins" is based of a lot of early coins being mined using certain software that produced a unique nonce in the field it solved the equation with
I'm not a cryptographer I don't really understand it, but it's been debunked to assume all of those are satoshi's
all it proves is an early miner or miners used that software

I think bitcoin could become the new gold standard on a global scale
it has some hurdles to overcome but surviving the S2X debacle in 2017 was a huge turning point in bitcoin's history

>Where are we headed

Attached: september2021.png (1149x542, 51K)

Bitcoin was literally created to extend the life of the dollar.

wrong. There's a few ways we can link satoshi to certain walets

post the wallets that contain satoshi's 1,000,000 then

scary thing is everyone always undershoots at the start of the bullrun. when we are at 600 people were predicting 5k, 1k, brought 10k price predictions, 10k brought calls for 25k and 50k then the cycle crashed and is repeating

ok I'll spend researching something i give 0 fucks about to enlighten an ignorant stranger on the internet.

Go ask others to make you smarter

you're repeating a lie and can't back it up

here ya go faggot
2 minutes of google and I'm right
nobody knows what coin's are satoshi and the estimate is based off a mining nonce

Attached: th.png (1842x721, 309K)

Its actually very interesting to dig in to the history of bitcoin. Its no coincidence that the first usecase bitcoin really saw was being used to deal drugs online, and that many of the users and suppliers were the first of the crypto-elite. Pic related is a mirrored keys system the cia used to digitalize secure documents in 1981 and is the first reference to a blockchain I have found anywhere. There are also certain websites that no longer exist who were trying to blow the whistle on bitcoin that no longer exist. I believe the mega rich themselves are just some form of cattle, we cannot see the top of the pyramid from where we are at but I believe it extends much farther then most realize. That being said I believe crypto is an idea that has been worked on for decades to bring to life, I believe the top of this pyramid wants to crash the fiat system and replace it with crypto, why I do not know. My personal theory is that they need a wealth redesign for some reason, they want to create a new class of megawealthy and kill off the old guard of megawealthy. It could also be that the uneven distribution of resources by paternal family is messed up ie the boomers or it is because fiat has created serious issues with pollution because of its short term outlook. I do know 100% it is created to crash the dollar however, the I have interacted with the true military industrial Puppet masters and learned some things from it including that.

pic related here my apologies

Attached: Screenshot_2019-06-18-13-12-45.png (1080x2160, 222K)

always up for a good conspiracy
in my opinion it seems bitcoin's rise was very organic and subversion attempts have been thwarted (gavin visiting the CIA then getting his permission revoked, the S2X attempted takeover)

why wouldn't the elite manipulate the market, unless they're beyond money and needed a new system of control
I'm seeing an effort from corporations to make the government look foolish in ad campaigns to drive a wedge and gain more control
maybe we're moving to a post government world whether by design or not

Attached: th.png (1385x490, 39K)

fuck you're dense. In your pic he admits to knowing Satoshi spent coins in block 9. Who mined the first 8 blocks before satoshi and kept the same wallet sizes? You read the first page of google and think you know something? Go back and read more

>I do know 100% it is created to crash the dollar
Bitcoin prevented the dollar crash

No one knows what coins are Satoshi's?

"When Satoshi announced the first release of the software, I grabbed it right away. I think I was the first person besides Satoshi to run bitcoin. I mined block 70-something, and I was the recipient of the first bitcoin transaction, when Satoshi sent ten coins to me as a test. I carried on an email conversation with Satoshi over the next few days, mostly me reporting bugs and him fixing them.

Today, Satoshi's true identity has become a mystery. But at the time, I thought I was dealing with a young man of Japanese ancestry who was very smart and sincere. I've had the good fortune to know many brilliant people over the course of my life, so I recognize the signs.

After a few days, bitcoin was running pretty stably, so I left it running. Those were the days when difficulty was 1, and you could find blocks with a CPU, not even a GPU. I mined several blocks over the next days. But I turned it off because it made my computer run hot, and the fan noise bothered me. In retrospect, I wish I had kept it up longer, but on the other hand I was extraordinarily lucky to be there at the beginning. It's one of those glass half full half empty things.

The next I heard of Bitcoin was late 2010, when I was surprised to find that it was not only still going, bitcoins actually had monetary value. I dusted off my old wallet, and was relieved to discover that my bitcoins were still there. As the price climbed up to real money, I transferred the coins into an offline wallet, where hopefully they'll be worth something to my heirs."
Read that? Hal Finney thinks Satoshi mined everything before block 70. Not gospel but certainly shows what 1 of the worlds top 3 cryptographer thought. This guy literally received the first BTC's ever sent and inspired BTC's creation, along with Wei Dai and Nick Szabo (likely the real Satoshi)

how so?

>La Roux creates bitcoin
>some guy noname underling snitches on him
>La Roux gets busted
>CIA can't crack the wallet
>that noname underling claims he created bitcoin

In any other time in history, all of the money currently flowing into crypto would be flowing into gold and silver. Silver is used heavily in industry. If we had seen a run up in gold and silver prices like we saw in bitcoin, the dollar would have collapsed. Crypto is really just a more convenient way of transferring fiat where as gold and silver have actual uses in electronics, medical, solar panels etc.

Keep coping boomer. Don't cry because you're too stupid to understand bitcoin

got it. I'm not sure flight into BTC vs metal means anything for the dollar. You over estimate gold and silvers utility. I've read Gold's is under 1%. It's all used for jewelry and speculating

Interesting theory, I enjoyed reading it but the link of La Roux to Satoshi is super weak, a similar alias, link to Craig wright, and passion for cryptography and computer coding.

It's more likely that the creator of bitGold also minted Bitcoin next. Nick Szabo is Satoshi Nakamoto

>SATOSHIS!!!!

Attached: soynpc.jpg (644x800, 35K)

While you're probably right about gold, 60% of the silver that is mined annually gets used up in industry. Silver has always been the thing scares bankers the most.