--On Tuesday, November 26, 2013 8:06 PM -0500 Ted Smith <tedks@riseup.net> wrote:
On Wed, 2013-11-27 at 01:36 +0100, Lodewijk andré de la porte wrote:
On Nov 27, 2013 1:25 AM, "Ted Smith" <tedks@riseup.net> wrote:
On Tue, 2013-11-26 at 11:07 -0800, Bill Stewart wrote:
At 05:43 PM 11/25/2013, David Vorick wrote:
Absolutely. It's utterly absurd to claim that Satoshi got moderately wealthy (not hyperrich yet by any means) by "doing nothing." There
are
insights in Bitcoin enough to fuel dozens of PhDs worth of research, in wider areas than
Says more about PhD's than Satoshi. The money he'll earn with Bitcoin has no direct relationship to his investment. It is unlikely that, through coincidence, his reward is set nearly right. Regardless of your idea of right.
Lack of knowledge is the fail of all markets.
I'm not sure how you're evaluating his "investment," which was solving a number of previously-thought-unsolvable problems in applied cryptography
Such as?
in a way that became wildly popular, widely used, and enabled a large amount of very influential services.
Contributing to the world in such a manner rarely results in such wealth, but I don't see why it shouldn't.
-- Sent from Ubuntu