LessWrong is a rationalist online discussion forum; entries cite a 2014 AMA thread where Bitcoin precursor Wei Dai discussed Satoshi Nakamoto's identity.
10 entries / 0 threads
In a LessWrong post, Wei Dai revealed that Satoshi had emailed him about Bitcoin v0.1 in early 2009, but that he ignored it because he was more interested in LessWrong than Cypherpunks at the time.
Asked by author Dominic Frisby, Dai says he never coded b-money: the design was incomplete, he had grown disillusioned with cryptoanarchy, and he did not foresee such a system drawing wide use.
Wei Dai's March 2014 LessWrong Q&A: why he never built b-money, his disillusionment with crypto-anarchy, and his reading of Satoshi's motives and background.
In LessWrong comments, Wei Dai argued Bitcoin's monetary policy had failed due to volatility, and regretted never commenting on Satoshi's 2008 draft: he might have talked him out of the fixed supply.
Dai judges that Bitcoin failed on monetary policy and adds that it may partly be his fault: when Satoshi asked for comments on his draft paper, he never got back to him.
Asked to change Bitcoin's rules, Dai explains that he did not create Bitcoin, that Satoshi reinvented the idea without reading his article, and that he has started mining with a Radeon 5870.
On LessWrong, Wei Dai clarifies he did not create Bitcoin — "only described a similar idea more than a decade ago" — buys a Radeon 5870 to mine, and warns Bitcoin lacks cryptographer security review.
Two months after his ALS diagnosis, Finney writes that over 90% of ALS patients choose to die rather than go on a ventilator, and that when the time comes he hopes to choose life.
Two months after his ALS diagnosis, Hal Finney wrote on LessWrong that over 90% of patients choose death over a ventilator, and that he hoped to choose life and still write code.
Wei Dai called Bitcoin's fixed supply a failure in 2013. His own 1998 b-money design needed the same real-world value figure Satoshi said software has no way to know.