Bitcoin 'creator' backs out of Satoshi coin move 'proof'

Re:Bitcoin 'creator' backs out of Satoshi coin move 'proof' by bduerst on Thursday May 05, 2016 @12:59PM (#11637808)

While some will disagree, appearances are important. Wright was [probably] trying to claim to be Satoshi to use Satoshi's bitcoins as collateral for something else.

Bitcoin already has a reputation for being used in scams and illegal dealings. This con man being able to convince some major news organizations and bitcoin celebrities doesn't help improve that image.

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Re:Bitcoin 'creator' backs out of Satoshi coin move 'proof' by HappyTypist on Thursday May 05, 2016 @07:25PM (#11640483)

That demonstrates a flaw of non-technological news organisations, not Bitcoin. The two Bitcoin celebrities had been widely discredited from Bitcoin ages ago. Gavin has not committed in a year, started his own fork of Bitcoin with 3% adoption. Jon has disappeared after starting a bankrupt for-profit "foundation".

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Re:Bitcoin 'creator' backs out of Satoshi coin move 'proof' by DonHopkins on Thursday May 05, 2016 @10:09PM (#11641203)

I haven't been following the parade of Bitcoin celebrities very closely, but what ever happened with the Digital Entertainment Network Executive VP [1] guy, Brock Pierce?

[1] https://en.wikipedia.org/wiki/Digital_Entertainment_Network

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Re:Bitcoin 'creator' backs out of Satoshi coin move 'proof' by bduerst on Friday May 06, 2016 @12:00AM (#11641603)

Oh I'm sure those are relevant, but in terms of appearances, a con man exploited those and duped many people across the globe using bitcoins.

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