One of the projects I have been working on.

[Peter Fairbrother]

On 05/06/2022 10:00, zeynep at keemail.me wrote:
> When Satoshi Nakamoto put it on this list, 

Err, no, not here. He announced bitcoin on the cryptography list, not 
the cypherpunks list. As I remember, he never posted here.


> Your goal here 
> is to fool people with this stupid article and make them donate. 

I saw it as a jest, but YMMV.


> The people here aren't stupid, 

  though some are borderline insane, and some have gone well beyond that...


> I think most of the people on this list are currently against bitcoin.

Four big problems: transaction-wise it doesn't scale well enough to be a 
useable currency, just an almost-Ponzi-style investment; it wastefully 
turns a whole lot of energy and other resources into nothing useful; it 
isn't properly fungible; and it isn't reliably anonymous.

Has more problems too, eg there is no mechanism to refund fraud or 
error, and it is hard to do security-by-obscurity as the blockchain is 
necessarily public.


> Bitcoin is no longer the agenda here.

Still on the agenda, but perhaps no longer seen as a thing to be admired?

Not that I have ever admired much more than the "he wrote code" and the 
"he wrote extremely good code" of it. It's just he might have done so to 
a better purpose.

Plus maybe a little cleverness, but not as much as you might think: eg 
he did not invent blockchain or digital currencies or digital wallets.

Though I do wish I had bought some bitcoins early on ...


Peter Fairbrother