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Path: eternal-september.org!news.eternal-september.org!.POSTED!not-for-mail From: Mikko <mikko.levanto@iki.fi> Newsgroups: sci.logic Subject: Re: I'm Satoshi, We are all Satoshi Date: Tue, 8 Oct 2024 17:03:05 +0300 Organization: - Lines: 55 Message-ID: <ve3e2p$277qu$1@dont-email.me> References: <ve23gs$43ur$2@solani.org> <ve2a6j$22es7$1@dont-email.me> MIME-Version: 1.0 Content-Type: text/plain; charset=utf-8; format=flowed Content-Transfer-Encoding: 8bit Injection-Date: Tue, 08 Oct 2024 16:03:05 +0200 (CEST) Injection-Info: dont-email.me; posting-host="b9667ab404b2aa0fb6f6d0ea4eb0b0fd"; logging-data="2334558"; mail-complaints-to="abuse@eternal-september.org"; posting-account="U2FsdGVkX1+hB+LuGzN04gxAqpaCH2Bl" User-Agent: Unison/2.2 Cancel-Lock: sha1:D3wRBOfyyWnGjbVmzVseCwb0xiE= 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