Replies (25)

does it matter who funded it? i don’t really care if satan himself funded bitcoin development it doesn’t change anything. would make for a wild story but doesn’t change bitcoin for me at least
It would matter if there's a chance this person still has their keys. They could apply a lot of economic pressure towards fork choices for the network with the known Satoshi coins. Assuming Satoshi is a member of this group would likely mean there are additional early addresses that would likely also vote with their value on any future chain forks.
I didn’t think about that. So you’re saying theoretically Epstein/Mossad/CIA could essentially come forward and assert huge influence over a potential change to bitcoin after hyperbitcoinization or the point of no return
My long held argument is Bitcoin is an element of a proof of stake network. While consensus for block production obviously is done via PoW, network consensus actually comes from stakeholders agreeing on the network state. If a fork is proposed and you have two competing chain states then the side with the most pre-fork stake, has the best chance of winning the fork by applying their economic capital to sell off the side they do not want, while buying the side they do with their existing stake. If they also control the world's predominant currency they can also apply their control of that asset to help support the value of the network fork they'd want to win too.
my cautiously optimistic view on that would be that the majority of the network would not align with satoshi if it was known they were involved in that pedophile network. 1.1 million coins wouldn’t get the job done right?
There's a few things that are moving in our favor. The first is if this is a nation state issue then we have a multitude of other nations playing in the same game to help offset each other to a degree. As Bitcoin continues it's consumption of capital markets these legacy markets influence will continue to wane. As for relief against a known threat attacker, the competing fork could theoretically just be a fork that applies a consensus rule that known Satoshi coins can never be spent. This would mean the Satoshi funds, or potentially a wider network of early actors that are somehow known to be malicious actors, couldn't spend their "people's side" fork coins to decrease the network value + pump pedo chain.
regarding satoshi’s coins, i don’t think i would be able to support making anyone’s coins unspendable. regardless of the reason, it sets a precedent that breaks my fundamental view of why i hold bitcoin… who will decide in the future what is a valid reason to make coins unspendable
Let's say the Rothschilds created Bitcoin, maybe not invented it, but funded its development. They do it so they have a "pre mine" of Satoshi's 1M BTC. They resurrect Satoshi's identity, and "come out" to push a fork that degrades anonymity and self sovereignty There is a revolt by hodlers, the majority of the public will accept the fake-coin slop not knowing the technical details. The question I have is; Who wins the fight? The Rothschilds have coin on both forks, they also have access to unlimited Fiat. They can manipulate markets on both chains, one by selling off the 1M reap coins, injecting fake price action, and influence corporations and ETFs to sell the "old chain". This causes the fiat price of the original chain to drop dramatically against their compromised fork. The "public" will see hodlers as crazy "conspiracy" lunatics, wait for the price action on the two chains to "settle" and move forward on whichever chain has higher value. Now the damage is done, the miners favor the higher price chain, and the change is locked in indefinately within a few weeks. The real hodlers will still exchange with the original chain, but the price will be supressed indefinately through their open market manipulation, and having failed selection by the miners. The only defense is free speech. This is why nostr + bitcoin are the true path.
There's a group of bcash people that'd likely argue this has already played out. If you take the assumption it has then exploring bcash price now would be a good case study. I think their ability to manipulate both economically and psychologically would allow them to suppress economic growth of non-controlled forks. I personally think their wider control of capital markets give them wealth control for a long, likely longer than my lifespan, time but it at least helps set a function of applying a clock to that control. That's assuming that 21m can remain a key of one of the surviving alts that have economic activity.
In principle I agree but if it came out that their was a malicious stake attack, I'd pray there'd be economic support for a multi-chain path that included at least one with unspendable coins for the malicious attacker. That'd would at least give a chain where the malicious stake would have a hard time influencing price in a negative way. While I might not support it by buying additional stake on that chain I'd likely hodl on that chain to reduce the malicious actors ability to influence it.
My guys. The email that this person is quoting here is photoshopped. It is not real. Below is the real email from the Epstein estate. There is no mention of Satoshi. Someone circulated the photoshopped version on X, Grok picked it up and told people that Epstein met with Satoshi, which then led to these claims going viral. The absolute state of things in this space is that people will tell you not to believe the media and then blanketly repeat what an AI tells them. Someone put me out of my misery. image View quoted note →
may have read your response wrong. but i think it’s very possible they try and smear bitcoin’s brand with this stuff