If asset currencies dominate the future, Bitcoin and gold will be competitive, although Bitcoin performs better than gold. It’s not that a good product must sell well. Bitcoin also has flaws. For example, because the price of Bitcoin is too high, the number of people who can reach a consensus is not as large as that of gold people. It’s hard to say who wins and who loses.
Invite Satoshi Nakamoto to Welcome the New World
This series “Inviting Satoshi Nakamoto to a New World” is one of the most outstanding achievements in the study of Satoshi Nakamoto’s identity today. After years of intensive research and digging deep into the literature, the author, Zhu Weisha, finally clears away the fog surrounding Satoshi Nakamoto’s identity and presents the reader with a new perspective.
Satoshi Nakamoto should not come out; it is the most objection heard. The reason is that the currency price will plummet when Satoshi Nakamoto comes out. When he came out, the Bitcoin system became centralized. That is the mainstream view in the Bitcoin community.
If the name of Satoshi Nakamoto is not Chinese, it needs to be explained differently. Wei Dai is of Chinese descent, and the literal interpretation is that Chinese people are smart.
Mr. Dai was born in 1947. In 1981, China just opened the door to studying abroad. He keenly seized the opportunity, and at 34, he was allowed to study abroad at his own expense. In 2002, he finished “Pawn Crossing the River,” a history of the struggle of the first generation of immigrants in China. Unfortunately, we can no longer find his articles and introductions after 2003, and a scientist in his prime just disappeared.
Wei Dai created the forum in October 2010, just over a month before Satoshi Nakamoto left. This point confirms the view of the outside world. There are signs of Satoshi Nakamoto’s departure, and Wikileaks is just a trigger point. If Wei Dai had nothing to do with Satoshi, he should behave like Nick, Hal, and Adam. It is a very simple logical judgment.
Strong encryption to transform the world is the purpose of the cypherpunk community. Wei Dai denies that Satoshi Nakamoto is a cypherpunk. How does he know that Satoshi Nakamoto knows the meaning of cypherpunk? Wei Dai is a cypherpunk; of course, he knows. Wei Dai spoke out thought. But Wei Dai said it, that was Satoshi Nakamoto said, because he is Satoshi Nakamoto, and he is making decisions for Satoshi Nakamoto.
In the Satoshi Nakamoto entry on Wikipedia, the possible characters of Satoshi Nakamoto could not find Wei Dai’s name (1). Still, Nick and Hal’s names are listed, which is unexpected and unreasonable. Wei Dai, what are you hiding? For fear that others will say you are Satoshi Nakamoto? Auburn came out and said he was Satoshi Nakamoto, Public opinion mentions Nick, Hal, and Adam as Satoshi Nakamoto. However, Wei Dai’s name has rarely been said, so Wei Dai’s hiding has been successful.
Bitcoin is a great invention with a depth of thought. Europeans invented double-entry bookkeeping, and the company system is the invention of ideas and methods, so there is a saying that even if Bitcoin is productivity and production relations, it is an invention that spans two fields. That is the basic condition for a great invention. But, unfortunately, what human beings can call a great invention is not made in China in modern times. Therefore, the invention of Bitcoin is precious and has great potential to promote social progress.
Satoshi Nakamoto is a cypherpunk who knows Adam, Old Chuam, and the failure of previous digital currencies. How could Satoshi Nakamoto not know Wei Dai and Nick? He also knew that Adam participated in the discussion of B money, and he quoted Adam’s article as a citation in the white paper. On the one hand, it was really needed; on the other hand, Satoshi had an excuse for communication. In 1998, Adam communicated with Wei Dai about B money, saying that his hash cash algorithm was a good candidate for Wei Dai’s B money. Adam can see the similarities between Bitcoin and Wei Dai’s thinking at a glance, and he will likely reply to the email. It is Satoshi Nakamoto’s careful calculation. He got his wish, and Adam did mention Wei Dai.
Satoshi Nakamoto used SHA256 at a high level. For example, when calculating Bitcoin addresses, he calculated SHA256 twice. Vitalik, the founder of Ethereum, said that Satoshi avoided security pitfalls. Adam’s encryption algorithm is SH1, and Satoshi Nakamoto used SHA256. Industry insiders commented that he knows cryptography well and has the strength to write SHA256 source code, which is Wei Dai’s strength.