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Bitcoin's Satoshi Nakamoto is a Time Traveler Archive


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Profitable Detours For Time Travelers: Why Did Satoshi Nakamoto Really Resurface in 2014?

on Nov 02, 2017

From: satoshinakamotoisatimetraveler.com

"It might make sense just to get some [bitcoins] in case it catches on. If
enough people think the same way, that becomes a self fulfilling
prophecy. Once it gets bootstrapped, there are so many
applications if you could effortlessly pay a few cents to a
website as easily as dropping coins in a vending machine."
- Satoshi Nakamoto post on January 17, 2009

The post "Rich List" basically inferred that the bitcoin address with the most bitcoins near the beginning of bitcoin mining in 2009 might be a time traveler looking for profit. However, it is known that Satoshi Nakamoto used a lot of bitcoin addresses which spreads out his total holdings of bitcoin. According to businessinsider.com Satoshi Nakamoto's bitcoins were worth a total of around $700 million in June 2016 and Wikipedia puts the value at $4 billion in September 2017. Both these values are based on bitcoin developer Sergio Lerner's estimation that Satoshi Nakamoto owned a total of around 1 million bitcoins. The one bitcoin address that is unquestionably Satoshi Nakamoto canon is the genesis block address 1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa.

But is $700 million or $4 billion enough? Yes, bitcoin will probably be worth more as the years go by. Maybe $100 thousand per bitcoin. But before Satoshi Nakamoto used his time machine to return to the future he might have made at least one detour to the year 2014, if not a few other stops along the way.

Satoshi Nakamoto made a post on his P2P Foundation account page in 2014 which states, "I am not Dorian Nakamoto." Simple enough. This was in response to a Newsweek article which identified a California resident named Dorian Nakamoto as Satoshi Nakamoto. Somehow during a two-month supposed investigation it never once occurred to a reporter named Leah McGrath Goodman that maybe some other people on the reporter's same mental level looked for anybody named Nakamoto in an area near the first bitcoin transaction recipient (Hal Finney) and pestered Dorian Nakamoto with questions between 2009-2014. Maybe the Manzanar War Relocation Center wasn't a big enough clue for the Newsweek reporter that California has and historically has had its fair share of Japanese-Americans so statistically one should expect at least one Nakamoto in that area. I don't know what caused Newsweek to publish that article other than maybe every self-respecting high school newspaper rejected it.

Anyway, I could be like that Leah McGrath Goodman reporter; look at the post and just end right here stating that Satoshi Nakamoto only resurfaced in 2014 to clear the air with five simple words.

But I won't. I think there was an alternative reason. A reason as simple as the words I am not Dorian Nakamoto. I can express the reason in one word: Clamcoin.

Let's look at the timeline: On March 07, 2014 Satoshi Nakamoto posts on his P2P account after not doing so since February 11, 2009. On May 12, 2014 a snapshot was taken of the bitcoin blockchain and all addresses bearing a non-dust amount at the point in time of block 300377 were given 4.60545574 CLAMs for free. Back in 2009 on day one of the bitcoin blockchain there were 144 blocks with the majority of them presumably mined by Satoshi Nakamoto. Each block generating 50 BTC and Satoshi Nakamoto using numerous addresses; within at least two or three days after bitcoin mining's birth Satoshi Nakamoto had the equivalent of what would become at least a thousand CLAMs in 2014.

But what good are CLAMs to Satoshi Nakamoto? Only one thing: Convert those CLAMs into more bitcoins on an exchange. No, wait. That could be tracked. Well, if Satoshi Nakamoto made one more stop in 2015 Satoshi Nakamoto could anonymously exchange the clamcoin for bitcoin using shapeshift.io. Then Satoshi Nakamoto would vanish into time.

So why not stop in 2017 to post "I am not Craig Steven Wright" while collecting bitcoin cash to convert to bitcoin on shapeshift.io? Because Satoshi Nakamoto can get the bitcoin cash from his bitcoin addresses at any time. Maybe this infers that clamcoin doesn't exist in Satoshi Nakamoto's time. Maybe clamcoin was at its all time high price when it was introduced. Maybe it's because a Venn diagram would show that a lot of the people who believe Craig Wright are also card-carrying members of the Flat Earth Society so no post is necessary. Maybe it is as simple as looking around oneself to figure out why Satoshi Nakamoto isn't making a stop in 2017.

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