What If Craig Is Satoshi?
Unpopular, But Let's Discuss This...
I don't want Craig to actually be Satoshi, I'm not a fan (he banned me from his twitter). However, if we go down the road of discussing if he indeed is Satoshi it could greatly change how we look at the whole crypto space. What if Satoshi wasn't the man trying to free the world from corrupt financial manipulation, but instead was a rich, powerful individual/group that just hated that others could tamper with the value of his stuff. After all, none of us like that, and perhaps an ardent supporter of elite capitalism did actually create Bitcoin, not to free people, but himself.
Craig Wright only values a small group of people, its evident in his tweet where he tells "jobbers" not to communicate with him or even follow his twitter. He made it abundantly clear that in his mind, the only valuable minds are those that are enormously wealthy.
How should this influence our thinking with regard to cryptocurrencies? I find that I tend to agree with his roadmap more than others. Bitcoin was meant to be simple, miners/full nodes verify authenticity, everyone on the planet has this very easily transferred value. When more people join in on the network and start dealing in bitcoins the block size increases to meet demand. This is akin to a datacenter adding more servers to the warehouse in order to service a growing customer base.
Sure there might be scaling challenges, but its the only way to on-board more people to the network. The alternative is creating more networks in the form of sidechains. I'm not opposed to sidechains as businesses and other concepts, but I bought bitcoin to use bitcoin, not lightning tokens/coins instead. It just sounds crazy to me.
There's just whole bitcoins and satoshis that everyone swaps around, no GeorgeLucas tokens or McDonald's tokens on Bitcoin. I don't know where Wormhole came in, but I honestly don't value it at all. In my mind, Wormhole is an attempt to turn BCH into an Ethereum clone.
As far as I'm concerned, Bitcoin is just money, ETH/ETC is much more than that, but still is not money. They are different, serving different purposes and I think it is important for everyone to see this. Ethereum and Ethereum Classic as they grow more and more interoperable will likely become a twin network platform that effectively brings us into a much less hackable future. Much like energy/fuel the more ethers/classy ethers you own the more cool junk you get to do in the future. But money, now that's a BTC/BCH game, in my opinion.
The scary thing to me, is that I agree with Craig Wright on more than I wish I did, but I'm still afraid of what it could mean for the world if he succeeds. Craig Wright is showing us that Bitcoin has a weakness, block size increases are necessary, even BTC one day will have to accept this, but the weakness is all about the ASIC. BCH is pro-ASIC, with Jihan Wu on one side, Craig on the other, mom and dad might be splitting up, but they're both pro-ASIC. As long as BCH is pro-ASIC Craig or Jihan are able to dictate policy. This is a problem.
What is the solution? Perhaps BCH needs to look to its little brother Bitcoin Gold, swallow a humble pill and go for a more equalizing mining algorithm. Craig Wright mocked Raspbery Pi miners, but perhaps we should not.
I tried to find out who is Satoshi a year ago or so. And Faketoshi came out as the most probable candidate to me. Forgot all the pro arguments in the mean time tho.
I hate to say it, but he probably was involved in the original team, but "Satoshi" alone, that I don't particularly believe. Thanks for post bud!
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