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Unblocked The Pro’s and Con’s of a career in Bitcoin.


























Bitcoin has now died 319 times according to Bitcoin Obituaries, but like a B-movie zombie it just won’t stay down. To date, no one has succeeded in administering the fatal double tap, and not for lack of trying. Nine years on, bitcoin is stronger and healthier than ever, with a thriving ecosystem of projects under development, from sidechains to custodial and layer two scaling solutions. Only the brave or the foolish would write off bitcoin in 2018, and yet that’s exactly what so-called experts keep doing. “I thought we’d finally get rid of bitcoin,” grumbled John Crudele in the New York Post. He’s been banging the same drum for four years. “But the fake “currency,” which I like to call bitcon, just won’t fade away…Even at $6,600, bitcoin is still worth 70 percent less than it was at the beginning of the year.” He finished: I use the term “worth” cautiously because bitcoin is really worth nothing, since it’s backed by nothing or no one. It’s a confidence game that has value only because people are convincing other people that it’s worth something. Got it! Ponzi scheme. Confidence game. Fraud. Anyway, bitcoin is headed for a value of zilch. It’s only a matter of when. bitcoin bitcoin bitcoin bitcoin bitcoin bitcoin bitcoin bitcoin bitcoin bitcoin bitcoin bitcoin bitcoin bitcoin bitcoin bitcoin bitcoin bitcoin finance finance finance finance finance finance finance finance finance finance finance finance finance finance finance finance finance finance business business business business business business business business business business business business business business business business Community sites Community sites Community sites Community sites Community sites Community sites Community sites Community sites Community sites Community sites Community sites Community sites Community sites Community sites Community sites Community sites Community sites Community sites Community sites Community sites Community sites Predicting Bitcoin to Go to Zero Will Send Your Reputation to Zero The Lost Art of Googling Bitcoin isn’t complicated. Merkle roots and block header pruning and UTXOs, sure, that stuff’s too complicated for your average MSM journo. But understanding bitcoin at its most basic level requires nothing more than an ability to Google. Another serving of FUD this week came from a research paper that the Bank of Finland released. The Great Illusion of Cryptocurrencies includes such observations as “cryptocurrencies are not real currencies but instead accounting systems for non-existent assets” and “For all intents and purposes, that ledger is a centralised ledger. The fact that there are multiple synchronised copies of it, distributed across a network, is irrelevant, as each one has the same data.” Predicting Bitcoin to Go to Zero Will Send Your Reputation to Zero The UK Media Weigh In Around the same time that the New York Post’s Crudele was foaming over his laptop, British tabloid The Sun was also doling out misinformation. “BUBBLE TROUBLE How Bitcoin bubble burst as cryptocurrency loses 70% value and 800 digital currencies now defunct” screeched the headline. “FEARS are growing that the cyptocurrency [sic] bubble is about to burst after it emerged more than 800 digital coins are now defunct,” read the article, conflating dead shitcoins with BTC for no apparent reason. The Independent is meant to be more reputable than The Sun, but the British media outlet also took aim at bitcoin this week. Like The Sun, its analysis was hopelessly off the mark. “Bitcoin has fallen to its lowest point since November and will probably be totally wiped out” ran the headline by associate editor Hamish McRae, “one of the country’s most respected financial journalists and commentators”. Evidently in the mood for serving some WTF with his FUD, McRae’s byline read: “Will investors’ support for bitcoin continue? The trouble is that we don’t know who owns it. A huge amount of energy has gone into uncovering ownership but most names remain concealed.” Somewhere in the midst of the rambling screed, the journalist then floated the idea that “By looking at IP addresses, it is clear that [bitcoin] ownership is very concentrated.” Predicting Bitcoin to Go to Zero Will Send Your Reputation to Zero The Independent’s financial expert ended: “The BIS [Bank for International Settlements] thinks that the decentralised nature of cryptocurrencies is a weakness rather than a strength.” Well fancy that. “My instinct is that these cryptocurrencies will disappear in a puff of smoke. I just hope too many people are not too damaged when it happens.” The thing about predicting bitcoin to go to zero is you can never be proven wrong. You can also never be taken seriously again.

Many Self-Proclaimed Bitcoin Inventors and Satoshi Clues Were Debunked in 2018

Many Self-Proclaimed Bitcoin Inventors and Satoshi Clues Were Debunked in 2018

Many Self-Proclaimed Bitcoin Inventors and Satoshi Clues Were Debunked in 2018

It’s been almost a decade since the inception of Bitcoin, a technology created by the infamous and anonymous Satoshi Nakamoto. Over the years, many people have been hunting for Bitcoin’s inventor and Satoshi sightings have increased a great deal since 2016. During the course of 2018 there were numerous so-called Satoshi sightings and a couple of individuals who claimed to be the mysterious creator himself.
Also Read: New Information Heightens Satoshi Nakamoto Mystery

Satoshis Everywhere

2018 was a crazy year for cryptocurrency enthusiasts and a prolific one for all the loons who claimed to be Satoshi Nakamoto. A bunch of individuals came out of the woodwork this year to tell the world they created Bitcoin, and one of them even published the first chapter of a purported Satoshi Nakamoto autobiography. Then there were a few odd Satoshi-related sightings like the ‘21e8’ bitcoin hash, which actually led people to believe Satoshi was an alien time traveler with the ability to utilize superior quantum computation. Each and every story and self-proclaimed Satoshi failed to sway the crypto community in 2018, but nevertheless, the discussions revolving around Bitcoin’s creator remained as fun as ever.
Many Self-Proclaimed Bitcoin Inventors and Satoshi Clues Were Debunked in 2018
The hunt for Satoshi Nakamoto in 2018 was filled with many debunked self-identifications and so-called sightings.

Satoshi’s Tell-All Book

This summer, bitcoiners found out that Satoshi Nakamoto was allegedly writing an autobiography. Back in June, Bloomberg columnist Matthew Leising led a few gullible people to believe that Satoshi was possibly writing his memoirs in order to publish a tell-all. A website called Nakamotofamilyfoundation.org, which has since been deleted, was a 21-page PDF of the first chapter. The website’s creators even added a cryptogram puzzle so curious readers could find some more ‘clues’ after solving.
“Announcing the first excerpt to a literary work consisting of two parts and the excerpt is provided — I wanted to include it as a brief glimpse of history — Even for those that can’t read the full book, I wanted to make this available to everyone,” explained the Nakamotofamilyfoundation.org website.
Many Self-Proclaimed Bitcoin Inventors and Satoshi Clues Were Debunked in 2018
Matthew Leising’s published ‘Duality’ hit piece on Bloomberg was quickly forgotten and the second excerpt never came to fruition.
It only took a few hours for armchair sleuths to debunk the exposé’s 21-page manuscript. The document was also assessed with stylometrics and failed to match up with Satoshi’s previous writings. Naturally, the Satoshi Nakamoto autobiography was forgotten about very quickly, the website was deleted, and the second published excerpt never materialized.

Stylometric Research Said Gavin Andresen Was Satoshi  

Many Self-Proclaimed Bitcoin Inventors and Satoshi Clues Were Debunked in 2018
Bitcoin developer Gavin Andresen.
In another case involving stylometry this year, a study was done by the nonprofit organization Zy Crypto, based in England. Stylometry is a scientific method that studies the linguistic style of typed text and handwriting in order to find similarities in prior writings. According to Zy Crypto’s research, the true identity of Satoshi Nakamoto is likely the well-known Bitcoin developer Gavin Andresen. However, after Zy Crypto’s study was published, Andresen spoke out on Twitter and told his followers he had lost a lot of faith in the science of stylometry, stating “My opinion of the accuracy of Stylometry has dropped significantly after reading this.”

The Owner of the Bitcoin Cash Trademark

Another Satoshi sighting took place in June when it was discovered that a resident from Hawaii had filed trademark requests for the name Bitcoin Cash and was also squatting on numerous BCH and Satoshi-based web domains. Two trademark filings for the phrase ‘Bitcoin Cash’ were registered with the United States Patent and Trademark Office (USPTO) in 2018 and the owner of the trademarks also claimed to be Satoshi Nakamoto.
Many Self-Proclaimed Bitcoin Inventors and Satoshi Clues Were Debunked in 2018
The Bitcoin Cash trademark request was filed by a Hawaiian resident named Ronald Keala Kua Maria.
Looking further down the rabbit hole, the website domains and trademarks led to a person named Ronald Keala Kua Maria. According to reports in 2001, Kua Maria was allegedly involved with fraud and grifting accusations. Kua Maria’s website describes why he patented the phrase ‘Bitcoin Cash’ while also detailing that he is the creator of Bitcoin.   
“I am the real one and only Satoshi Nakamoto — I own all the private keys, blockchains, altcoins and bitcoins under copyright law. In the event of my death, incapacitation, coma, kidnapping, detainment and or incarceration all of my copyrighted works and all related works shall no longer be used by anyone anywhere for any reason at any time subject to change without any notice at any time by Ronald Keala Kua Maria only,” explained the website Satoshinakamoto.ws.

A So-Called Block 9 Signature

On Nov. 16, cryptocurrency enthusiasts noticed a message that stemmed from the Bitcoin blockchain at height 9. To some people, the message appeared to be a valid signature from Satoshi’s key in block 9, but the story was also quickly debunked. This particular stunt also involved a Satoshi Twitter handle (now deleted) which tried to spread the disinformation that the signature should be taken seriously.
Many Self-Proclaimed Bitcoin Inventors and Satoshi Clues Were Debunked in 2018
This Satoshi Twitter handle started spreading the phony signature message on November 16, 2018. Twitter has since deleted this account.
The message tied to block 9 alleged that there are significant problems with the Segregated Witness protocol, but the so-called Satoshi would not reveal the issues until 2019. Then, two well-known blockchain developers Christopher Jeffrey (Purse CTO) and Gregory Maxwell showed the crypto community how the signature was a ridiculous attempt to push an agenda. Maxwell illustrated how easy it was to accomplish this parlor trick and signed a message from the Genesis block. “Are you going to start claiming that I’m the creator of Bitcoin now?” Maxwell asked.

Satoshi Supposedly Says One Word on the P2P Foundation Forum

Another alleged Satoshi message this year came on Nov. 29 when the Satoshi Nakamoto handle registered to the P2P Foundation forum wrote one word. That day the registered user posted the word “nour” which got the internet’s armchair detectives all riled up. The word has several meanings and could translate to an “affectionate and caring person” or it could mean the Arabic version of the word “نور” which is defined as “light.” Aside from Satoshi’s one-word message, the handle of P2P Foundation Satoshi’s last activity was becoming friends with a mysterious person named Wagner Tamanaha back in 2016.
Many Self-Proclaimed Bitcoin Inventors and Satoshi Clues Were Debunked in 2018
The P2P Foundation forum.
Interestingly, Tamanaha responded to Satoshi’s “nour” message on Dec. 1 in Japanese and stated, “Nice to meet you, thank you very much — Thanks for Bitcoin from Brazil.” The message, which was difficult to translate, was also forgotten quickly, with many people believing that some of Satoshi’s login credentials like his GMX email have been compromised. According to Theymos in 2014, the GMX email sent him a message which made him almost certain that the email account was “compromised.”

The Time Traveling Alien Theory

When the mining pool Btc.top mined block number 528249 on the BTC chain on June 19 with the block hash: 00000000000000000021e800 it drove the internet crazy. The message was first discovered by Mark Wilcox who tweeted the unusual hash to his followers and the message immediately went viral.
Many Self-Proclaimed Bitcoin Inventors and Satoshi Clues Were Debunked in 2018
The original tweet from Mark Wilcox which drove the internet crazy for a few days.
There were many significant theories tied to the block hash, one of them being that Satoshi could have been a time-traveling alien with extraordinary quantum computing abilities. Twitter personalities discussed how the hash pattern may be tied to ‘E8’, the Theory of Everything, otherwise known as the Unified Field Theory. After intense discussions concerning the meaning of the hash, one Twitter personality stated:        
So my mind is melting — Satoshi may be artificial intelligence. And/or time traveling. Maybe quantum computing now exists — Esoteric and metaphysical meaning has found its way to crypto.
The ‘21e800’ message in block 528249 was again forgotten as fast as it came, but remains one of the wildest Satoshi theories of all time.

A Man Called Scronty

Many Self-Proclaimed Bitcoin Inventors and Satoshi Clues Were Debunked in 2018
Phil Wilson, otherwise known as ‘Scronty.’
Phil Wilson, otherwise known as ‘Scronty,’ claimed to be part of the Satoshi Nakamoto group theory with David Kleiman and Craig Wright. Scronty did a bunch of interviews with news publications this year, including a discussion with news.Bitcoin.com. The huge problem with Scronty’s story is that he has absolutely no evidence that can prove he is legitimately the creator of Bitcoin. But that didn’t stop him from writing his “Bitcoin Origins” story which offers a very long-winded description on how he and two other guys developed the technology. Crypto enthusiasts do not buy Scronty’s story, mostly because he doesn’t have any proof. Martti Malmi, an early developer and one of the older owners of Bitcoin.org, said, it “Never happened. Also: signature or GTFO.” Even during his interview with our publication, Scronty tells us that no one should believe someone is Satoshi without evidence. Scronty emphasized at the time:  
Without verifiable proof, no-one can claim to be Satoshi.

Maybe the Hunt for Satoshi Clouds Logic and Reason?

Satoshi sightings and individuals claiming to be Bitcoin’s creator will probably continue in 2019, with the hunt for Nakamoto unlikely to ever end until the inventor is found. The search intrigues a lot of people, and many reporters and amateur investigators have been looking for Satoshi for years. However, the vast majority of the clues, “Easter eggs,” signatures, and individual proclamations have been deemed fraudulent by the cryptocurrency community. Although there are some people who actually believe the odd Satoshi claimant to be legitimate, it’s likely their judgment is clouded by the emotion of wanting to find Satoshi. So far, all of the sightings and self-proclaimed Satoshis have been debunked and have failed to prove anything other than mankind’s proclivity for telling tall tales.