hi all. wired reported last dec that Craig Wright is Satoshi Nakamoto,[a6] and then followed shortly after saying he “might be a hoaxer”[a13] and motherboard concurred[a10]. there is now a lot of press coverage.[a] a new wave of press coverage just burst forth mainly following on the heels of BBCnews.[a3] however as that article mentions he seems to have convinced other elite bitcoin participants including Andresen and Matonis. he was promptly hit with a tax raid/ confiscation on his properties leading to the natural question of whether he would have been better off without “coming out the closet”.[a9] Nakamoto is thought to be worth about $400M in bitcoins, pseudonymous or not (assuming the keys arent lost!). wright is highly educated, referred to as “australian professor”; [a2] points out he has 2 phds and 8 masters degrees. he says he doesnt care if people believe him or not (but then what is his motivation in disclosure?). the pseudonymous Nakamoto has now been nominated for a Nobel Prize (economics).[a12]
bitcoin technology/ ideology is continuing to advance with some bordering-on-feverish advocacy [b] and more sober/ restrained but still favorable/ optimistic povs.[c] its apparently outperforming currencies based on stability and/or gains [b13]. a new australian political party claims it will improve democracy,[b14] another a “fairer world”,[b10] another wonders if it could replace SWIFT,[c6] even the new yorker looking at it,[c11] and a new coursera course.[c12] a very thorough free article/ analysis showed up in london review of books.[c9] early signs are it seems to evoke a large possible role, maybe bordering on radical/ revolutionary, in remittances[c15] and currency exchange[c16] which are a very big deal in international finance.
scale and misuse/ spam [d9][d10] aspects is an increasingly gaping, bordering on critical problem [d][d13][d15][d17] as exactly as forewarned by Andresen.[d14][d18][d8] bitcoin was not necessarily built to scale early on, although so far its still working. [d4] says its growing 25% faster than early internet growth! there are issues with forked code.[d6][d7] serious academic researchers (Cornell etc) have gotten into the analysis with proposed solutions.[d12][d16]
international aspects of bitcoin continue to bubble.[e] it esp plays a big role in places with unstable or depreciating/ deteriorating currency. news from russia[e2][e11][e13], greece,[e3][e4][e5][e8][e9][e10] venezuela,[a6] india,[e14] china,[e15][e17][e18] EU.[e12][e16]
the crime news is big with the arrest of Karpeles for embezzlement.[f7][f8][f9][f13][f14] its even been linked to ISIS funding now.[f11] then theres the DEA extortion case with 6yr sentence.[f15][f16] bitcoin is showing up more in ransomeware.[f6][f17] it makes big headlines in government crime auctions.[f18][f19] silk road mastermind Ulbricht still shows up in the news.[f2][f3][f4]
wall st/ banks/ corps are busy researching its potential.[g] eg Nasdaq[g1][g3], NYSE,[g2] barclays,[g5][g7] even Visa.[g11] early/ major proponent overstock.com has long been showing up in bitcoin news with a $16M investment/ funding.[g12]
the legality/ regulation causes big headlines eg with previously shadowy govt agencies such as IMF,[h] BIS,[h2]. FTC with $38M settlement against butterfly labs.[h6] japan is one of the leading/ best regulatory enviroments as far as legalization.[h8][h9] australia adroitly captured bitcoins schizophrenic quality by going both ways in opposing actions in regulation and banking crackdown.[h11][h13]
there are many innovative new projects.[i] of course gambling may show up in a big way.[i1] the crowdsourcing concepts look especially promising to me but its in early stages.[i4][i7] browser integration for micropayments looks awesome, maybe Netscapes Andreeson may finally get his wish over 2 decades later.[i8][i10] even Gates talks about bitcoin these days.[i11]
possibly the most conservative entities on the planet, central banks are making some noises on the topic and looking to create rival systems.[j] as they say in NY, “good luck with that”.
bottom line for bitcoin these days: interesting times…
- a. wright/ nakamoto
- b. advocacy
- c. analysis
- d. scale
- e. intl
- f. crime/ auctions
- g. wall st/ banks/ corp
- h. legal/ regulation
- i. projects
- j. central bank
- 1. Mysterious Creator Of Bitcoin Finally Revealed, BBC Says
- 2. Australian professor Craig Wright reveals himself to be Bitcoin founder Satoshi Nakamoto
- 3. Craig Wright revealed as Bitcoin creator Satoshi Nakamoto – BBC News
- 4. Bitcoin inventor ‘Satoshi Nakamoto’ finally revealed
- 5. Here’s what we know about Bitcoin’s creator Craig Wright – NY Daily News
- 6. Bitcoin’s Creator Satoshi Nakamoto Is Probably This Unknown Australian Genius | WIRED
- 7. Reported bitcoin ‘founder’ Craig Wright’s home raided by Australian police | Technology | The Guardian
- 8. This Australian Says He and His Dead Friend Invented Bitcoin
- 9. Police Raid Australian Home of Rumored Bitcoin Creator
- 10. Satoshi’s PGP Keys Are Probably Backdated and Point to a Hoax | Motherboard
- 11. Don’t Let Anyone Tell You the Identity of Satoshi Nakamoto Does Not Matter – Diginomics
- 12. Bitcoin inventor Satoshi Nakamoto nominated for Nobel Prize in Economics – Business Insider
- 13. New Clues Suggest Craig Wright, Suspected Bitcoin Creator, May Be a Hoaxer | WIRED
- 14. Why Did Satoshi Nakamoto Abandon Bitcoin?
- 1. BNP Paribas says bitcoin’s blockchain could make current securities firms ‘redundant’ – Business Insider
- 2. Andreas M. Antonopoulos: ‘Bitcoin is punk-rock, you can’t control it’ (Wired UK)
- 3. Spotted Marley on Twitter: “The land before #bitcoin http://t.co/4AiE4iqoGa”
- 4. Does bitcoin’s underlying technology have other uses? Investors think so – LA Times
- 5. Matthias Kröner CEO of Fidor Bank: Why isn’t bitcoin being executed by banks?
- 6. Erik Voorhees: The Separation of Money and State is the New Separation of Church and State – Bitcoin Magazine
- 7. Nick Szabo: If banks want benefits of blockchains they must go permissionless
- 8. Voorhees: Supporting Privacy Makes Me an Extremist
- 9. The future of cryptocurrencies: Bitcoin and beyond : Nature News & Comment
- 10. How to unlock the future of money and create a fairer world – Virgin.com
- 11. Bitcoin Is Suddenly Surging Again – Bloomberg Business
- 12. Bitcoin: Too Big to Fail
- 13. Only one global currency trounced the dollar this year
- 14. New Australian Political Party Claims Bitcoin Will Bring ‘Democracy 2.0’ – CCN: Financial Bitcoin & Cryptocurrency News
- 15. Why the Bitcoin Blockchain Is the Biggest Thing Since the Internet – NASDAQ.com
- 16. It’s time to buy bitcoin – MoneyWeek
- 17. Core Developer Mike Hearn: Internal Politics Limit Google From Adopting Bitcoin
- 18. Why we should fear a cashless world | Dominic Frisby | Opinion | The Guardian
- 1. Under the Microscope: Conclusions on the Costs of Bitcoin
- 2. The Economist Asks: Will Bitcoin’s Blockchain Change The World?
- 3. Is Bitcoin’s Promise Going Up In Smoke? | TechCrunch
- 4. Decentralization: The Death or Salvation of Bitcoin? – Bitcoin News
- 5. Bitcoin study reveals false beliefs on ease of use and privacy: Bitcoin — by far the most popular digital currency — has spawned misunderstanding — ScienceDaily
- 6. Will the Blockchain Replace Swift? | Bank Think
- 7. MIT’s Cory Fields: Contentiousness in Bitcoin is Sign of Good Health – Coinjournal
- 8. The Case for Banks to Use Open, Public Blockchains | Bank Think
- 9. John Lanchester · When Bitcoin Grows Up: What is Money? · LRB 21 April 2016
- 10. Money Will Be Digital — But Will It Be Free? : The Freeman : Foundation for Economic Education
- 11. Inside the Fight Over Bitcoin’s Future – The New Yorker
- 12. Bitcoin and Cryptocurrency Technologies / Coursera
- 13. Bitcoin: How My Views, And the Currency, Have Changed During The Last Year – NASDAQ.com
- 14. The Benefits of Allowing Bitcoin to Flourish – The New York Times
- 15. Applying New Technologies To Make Remittances Work – Forbes
- 16. Will Bitcoin Finally Bring Down The House Of Medici? | TechCrunch
- 1. Bitcoin’s nightmare scenario has come to pass | The Verge
- 2. Thought Bitcoin Was Dead? 2016 Is the Year It Goes Big | WIRED
- 3. Bitcoin Is Unsustainable | Motherboard
- 4. Bitcoin growing 25% faster than the internet in its early years
- 5. $800 million to be invested in bitcoin this year | Treasury Insider
- 6. Bitcoin’s forked: chief scientist launches alternative proposal for the currency | Technology | The Guardian
- 7. The Bitcoin Schism Shows the Genius of Open Source | WIRED
- 8. Gavin Andresen on Why Bitcoin Will Become Unreliable Next Year Without an Urgent Fix | MIT Technology Review
- 9. Supporters of a Proposal to Upgrade Bitcoin’s Capacity Say Their Computers Are Being Attacked | MIT Technology Review
- 10. Great Job, Everyone! Bitcoiners Are DDoSing Bitcoin | Motherboard
- 11. CoinReport What’s Killing Bitcoin? Bitcoiners – CoinReport
- 12. Bitcoin NG, or How Cornell Researchers Think a Radical Redesign Can Solve Bitcoin’s Scaling Issues | Bitcoin Magazine
- 13. Bitcoin’s ‘New Normal’ Is Slow and Frustrating | Motherboard
- 14. Satoshi Roundtable Thoughts
- 15. Bitcoin Almost Crashed – But Lived To Crash Another Day
- 16. Cornell Study Recommends 4MB Blocksize for Bitcoin – CCN: Financial Bitcoin & Cryptocurrency News
- 17. The Mystery Behind the Biggest Bitcoin Transaction Ever Made | Motherboard
- 18. Meet Gavin Andresen, the Most Powerful Person in the World of Bitcoin | MIT Technology Review
- 1. My Life Inside a Remote Chinese Bitcoin Mine
- 2. Russia’s Central Bank Meets With Finance Reps for Bitcoin Talks
- 3. Bitcoin surges as Grexit worries mount, posts best run in 18 months | Reuters
- 4. Bitcoin could shift balance of power in Greece—Commentary
- 5. Economists Disagree on Proposals for Alternative Currencies in Greece – Bitcoin Magazine
- 6. Venezuelans Escape Currency Collapse with Bitcoin
- 7. Finextra: Finextra news: Greeks flock to Bitcoin
- 8. Bitcoin fans eye potential in Greek crisis | Technology | The Guardian
- 9. Online payments halted in Greece, citizens eye Bitcoin to protect savings | Fox News
- 10. Greek island agrees to test digital currency—commentary
- 11. Vladimir Putin: You can use digital currency for some operations | Coinfox
- 12. BitBeat: Bitcoin, the Euro, and Currency Crises – MoneyBeat – WSJ
- 13. Rollout of 1,000 Bitcoin ATMs planned for Greece as interest in cryptocurrency surges
- 14. How virtual currency Bitcoin is gaining ground in India – The Economic Times
- 15. China (Unofficially) Authorizes Bitcoin, Price Turns Bullish
- 16. Europe Wants to Crack Down on Bitcoin Despite Little Evidence that ISIS Uses It | Motherboard
- 17. China’s Stock Market Freefall a Boon for Bitcoin
- 18. People’s Bank Of China Plans to Launch Its Own Digital Currency
- 1. New York City man robbed at gunpoint for … bitcoin?
- 2. Silk Road from the inside: Moderator SSBD tells his story | All Things VICE
- 3. Will Putting Silk Road Founder Ross Ulbricht Behind Bars Accomplish Anything? | Stefanie Jones
- 4. Silk Road operator Ross Ulbricht sentenced to life in prison | Technology | The Guardian
- 5. 2 Florida men charged in illegal Bitcoin operation – wptv.com
- 6. For Ransom, Bitcoin Replaces the Bag of Bills – The New York Times
- 7. MtGox bitcoin chief Mark Karpeles arrested in Japan – BBC News
- 8. MtGox CEO admits tweaking account, faces fresh claim of misusing $8.9 million in deposits | The Japan Times
- 9. Running on empty: Bitcoin exchange MtGox ‘ran out of cash six months before bankruptcy’ | South China Morning Post
- 10. Bitcoin CEO’s arrest leaves trail of unanswered questions – Yahoo News
- 11. American Teen Sentenced to 11 Years for Helping ISIS with Bitcoin – Bitcoinist.net
- 12. US federal agent investigating Silk Road admits $800,000 bitcoin | Technology | The Guardian
- 13. French MtGox CEO in Japan charged with embezzlement amid bitcoin fraud investigation | South China Morning Post
- 14. Mt Gox CEO charged with embezzling £1.7m worth of bitcoin | Technology | The Guardian
- 15. Federal agent gets six years in prison for extorting bitcoins from Silk Road creator | The Verge
- 16. Ex-secret service agent who stole $800,000 in bitcoin newly arrested | US news | The Guardian
- 17. Los Angeles Hospital Pays Hackers $17,000 Ransom In Bitcoins
- 18. US Marshals: Final Silk Road Bitcoin Auction Likely for 2015
- 19. Four bidders won $14 million worth of bitcoin in last U.S. auction | Reuters
- 1. Nasdaq Selects Bitcoin Startup Chain To Run Pilot In Private Market Arm
- 2. NYSE Chairman: Millennials Trust Bitcoin More Than Fiat
- 3. Nasdaq Expects to Be First Exchange Using Bitcoin Technology – Bloomberg Business
- 4. Bitcoin Technology Piques Interest on Wall St. – The New York Times
- 5. Barclays to set bitcoin rolling | The Sunday Times
- 6. BNP Paribas ‘to Add Bitcoin to Currency Fund’ Within Weeks
- 7. Barclays to become the first major bank to accept Bitcoin | Ars Technica UK
- 8. Wall Street Officially Opens Its Arms to Bitcoin Invaders | WIRED
- 9. Why Wall Street Is Embracing the Blockchain—Its Biggest Threat | WIRED
- 10. Bitcoin’s Overblown Wall Street Debut – The Daily Beast
- 11. Why Visa Europe is Testing Remittances on the Blockchain
- 12. Overstock’s $16 Million investment in Bitcoin company funds financial disruption across the Caribbean » Brave New Coin
- 13. The ‘Facebook of Latin America’ Taringa! Just Paid $76,000 in Bitcoin to its Users – Bitcoin News
- 14. Japanese mega-corporations complete trial using the bitcoin blockchain » Brave New Coin
- 15. Texas Gold Depository To Circumvent Federal Reserve System; Will Accept Bitcoin : News : Headlines & Global News
- 1. IMF ‘unable’ to supply the currency needed to counter speculative attack using bitcoin » Brave New Coin
- 2. BIS: Digital Currencies Could Hurt Central Bank Revenues
- 3. Bitcoin Has Been Classified as a Commodity in the United States | BusinessVibes
- 4. Bitcoin at the crossroads | Deloitte US | Financial Services
- 5. Bitcoin’s Capital Controls Resistance a Concern says IMF as $1 Trillion Leaves China – Bitcoin News
- 6. FTC Settles With Butterfly Labs for $38 Million – Bitcoinist.net
- 7. We Must Regulate Bitcoin. Problem Is, We Don’t Understand It | WIRED
- 8. Cabinet of Japan Greenlights Bitcoin As Payment Method – NEWSBTC
- 9. Bitconnect | Japan Officially Recognizes Bitcoin and Digital Currencies as Money
- 10. Tokyo Court: Bitcoin Not Subject to Ownership
- 11. Bitcoin deemed regular currency by Australian Senate Committee
- 12. Every Politician in the U.S. Just Received This Letter About Bitcoin | Jessica Riley
- 13. Big Australian banks stun bitcoin companies by closing their accounts | afr.com
- 1. Augur May Become the Greatest Gambling Platform in History. Is There Anything the Government Can Do to Stop It? – Hit & Run : Reason.com
- 2. Coinbase Is Bringing Back the Web’s Long Lost Payment Code | WIRED
- 3. The Plan to Unite Bitcoin With All Other Online Currencies | WIRED
- 4. Bitcoin crowdfunding sites find funding difficult – CoinDesk
- 5. Bitcoin Crowdfunding – CoinFunder
- 6. Kickstarter pulls “Bitcoin: The Movie” project two weeks after launch
- 7. Move Over Kickstarter, Crypto-Equity Is the Next Frontier
- 8. Brave Software reveals details about browser bitcoin micropayments and user earnings » Brave New Coin
- 9. A Billion Dollars Was Transferred Over Venmo In January – BuzzFeed News
- 10. World Wide Web Creator Tim Berners-Lee Leads W3C to Establish Online Payment Standards Including Bitcoin – Bitcoin Magazine
- 11. Bill Gates Wants to Use Bitcoin to Help Poor People | Inverse
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