Did Elon Musk Create Bitcoin? (cryptocoinsnews.com)
An anonymous reader quotes CryptoCoinsNews:
It should be no surprise that the elusive hunt for Satoshi, often referred to as the father of Bitcoin, has led to the theory that Elon Musk has been hiding a big secret from all of us. Sahil Gupta, a computer science student at Yale University and former intern at SpaceX, believes just this... Bitcoin was written by someone with mastery of C++, a language Musk has utilized heavily at SpaceX. Musk's 2013 Hyperloop paper also provided insight into his deep understanding of cryptography and economics...
One week before Gupta's Medium post on Musk, another Medium blog was published with a theory that Musk invented Bitcoin for future use on Mars. As radical as this may sounds, the point around Paypal in this article was relevant. Musk has already revolutionized digital currency with his founding role in Paypal, which he sold to eBay in 2002. The author claims Musk is under a non-compete from this deal, leaving him to secrecy about his role in Bitcoin.
Gupta's article cites other clues that suport his theory, including Musk's interest in solving global problems, his unusual silence on the topic of cryptocurrencies, and the fact that "Elon has said publicly he doesn't own any bitcoin, which is consistent with a 'Good Satoshi' who deleted his private keys. This means Satoshi's one million coins (worth about $8 billion) are gone for good." And of course, with a net worth of $19.7 billion, Elon Musk is one of the few people who wouldn't need the money.
UPDATE (11/28/17): On Twitter, Elon Musk has responded, saying the rumors that he created Bitcoin are "not true."
One week before Gupta's Medium post on Musk, another Medium blog was published with a theory that Musk invented Bitcoin for future use on Mars. As radical as this may sounds, the point around Paypal in this article was relevant. Musk has already revolutionized digital currency with his founding role in Paypal, which he sold to eBay in 2002. The author claims Musk is under a non-compete from this deal, leaving him to secrecy about his role in Bitcoin.
Gupta's article cites other clues that suport his theory, including Musk's interest in solving global problems, his unusual silence on the topic of cryptocurrencies, and the fact that "Elon has said publicly he doesn't own any bitcoin, which is consistent with a 'Good Satoshi' who deleted his private keys. This means Satoshi's one million coins (worth about $8 billion) are gone for good." And of course, with a net worth of $19.7 billion, Elon Musk is one of the few people who wouldn't need the money.
UPDATE (11/28/17): On Twitter, Elon Musk has responded, saying the rumors that he created Bitcoin are "not true."
No.
but once it reaches $10G, I fully expect Donald Trump to take credit for it
Knowing C++ and cryptography makes him Satoshi? lolwut those are some flimsy links.
Because this is a new low in a series of very low quality stories that recently made it on slashdot. While the comments also seem to have slipped and the idiots seem to have the majority now, I do not think they should be catered to.
Most ACs are not even worth the keystrokes to insult them. Be generically insulted by this and ignored otherwise.
I am Spartacus! And the Lindbergh baby! And I shot JR! But I never shot the deputy.
(Secret BitCoin Code embedded in this post. Use it to generate 1 billion bitcoins.)
"Elon Musk doesn't talk about cryptocurrencies, therefore he must have invented bitcoin."
The stupid, it hurts.
Somebody spent about a decade in elementary school. Must have been quite the status symbol to be the only 5th grader driving to school.
As if he's got enough free time to do this as a side project.
echo -e 'global _start\n _start:\n mov eax, 2\n int 80h\n jmp _start' > a.asm; nasm a.asm -f elf; ld a.o -o a;
The answer is "no", and someone seriously needs to loosen their tinfoil hat.
Log in or piss off.
Elon has been secretly buying even more Bitcoins with all his government grants to prop up TESLA. Those GigaFactories, are really covert Bitcoin mines which are powered by... wait for it... his SolarCity project.
Ultimately, Elon is a visionary. Whilst everyone is talking about Bitcoin going to the moon, Elon had plans to take it to mars all along... enter SpaceX!
What about the underground Boring company you ask? That's his version of puting all his cold wallet stored Bitcoins in the ground, like gold, except 1 Bitcoin is now worth more than 1oz of gold, so you gotta have much bigger holes in the ground. The Hyperloop was just a pet project to ensure he could quickly access all his geographically dispersed underground cold storage Bitcoins, should the need ever arise.
Finally though, he saw that AI would be smart enough to figure out where he stashed all his Bitcoins, so he's come up with the NeuroLace project to enhance the human capacity to memorize Bitcoin brain wallet addresses, whilst still ensuring a high degree of entropy.
No trees were killed in the making of this post; however, many trillions of electrons were horribly inconvenienced.
What are the odds that the one famous person who knows c+ did this, and the other millions of smart non famous programmers, didn't.
I know we love our celebrities but come on. Besides hes got an ego the size of the moon. There is no way he is not bragging about inventing bitcoin.
-
If Trump decided to redo his golden suite in bitcoin, now that bitcoin is worth about 2x as much as gold :)
In this age of widespread online snooping, no government in the world knows at all who the creator of Bitcoin is? Did the man never use the internet when creating his cryptocurrency? Did he not go through an ISP or gateway of some sort? Did he not make 1 single mistake when trying to cover his tracks? This seems to be another "great mystery" that may not be as "unsolvable" as it appears.
Why did the chicken cross the road? Because Elon Musk put an AI chip in its head.
Oh please! Shirley you're not serious. Find me a billionaire who actually believes that! Bezoz is his target... This is animal instinct. The only thing on their mind is "more"...
“He’s not deformed, he’s just drunk!”
All the ideas behind it had been around for years.
clues that suport his theory
There are no "clues" in the articles, just drivel. Two of the articles describe the ideas as "oddball" and that's right. There's no point in wasting time on conspiracy theorists and their "theories".
No, he didn't. Is Musk a programmer anyway? I find it hard to believe he's doing the programming at SpaceX.
I rather like the theory that Wright was, actually, really, Nakamoto, because I'd expect Nakamoto to be that dodgy. It's just a shame that if he was, he chickened out at the last minute.
You are not alone. This is not normal. None of this is normal.
Is there any low-quality schlock submission that EditorDavid won’t post? This is shit even by EditorDavid standards.
If Satoshi turned out to be a dodgy scammer, it would allow you to hang onto at least a scrap of naysaying dignity.
Come on, man. Like most of us, you missed it; you couldn't see what was right in front of you. Just admit that you have been wrong about it all, and then enjoy the feeling of freedom from your oppressive cognitive dissonance.
Are the keys truly gone forever? How long would it take to brute force? If bitcoin keeps climbing like it is, in 10 years? 50? 100? where is the break even for brute forcing?
If you want to know who did anything the answer is always Russian hackers.
The clues are all there:
He can program C++, which is an almost unheard-of skillset.
He doesn't use or care to talk about BitCoin or cryptocurrency.
He has lots of money.
He previously agreed not to do anything like BitCoin due to non-competition with PayPal.
Therefore, ergo, clearly it was Elon Musk all along! He's so clever and handsome, I'm really not surprised it was him.
I 3 Elon 4eva
This is one of the most ridiculous things I’ve seen or heard in a long, long time.
#DeleteChrome
They already do.
How the NSA identified satoshi
Another lazy Sunday
Bitcoin was written by someone with mastery of C++, a language Musk has utilized heavily at SpaceX.
a) Musk personally, or the people Musk employs at SpaceX?
b) It's C++. It's not exactly esoteric. You know I heard that DB Cooper spoke English, and so does Clint Eastwood... coincideeeence?
systemd is Roko's Basilisk.
Bitcoin is not so anonymous when you combine the records that it keeps with the NSA's communications intercepts. It was created because it is easier to track big money terrorists and criminals when they utilize your system than when they utilize a number of unique systems of their own device. It makes big data attacks more effective.
Sounds like a poorly written fanfic to me.
Help! I'm a slashdot refugee.
No.
https://en.wikipedia.org/wiki/...
Yeah, and he's going to solve climate change, eliminate crime, war and poverty and guess what? He's the one responsible for the Big Bang as well.
Well?
All the celebrity crap is bad enough as it is. Not sure if I can take it if we start doing it in here also.
https://xkcd.com/1400/
If you want mine your own cryptocurrency, you need a motherboard with 19 PCIe 1X slots to plug in 19 GPUs and a couple of 1200W PSUs.
Trump voters support treason. Discuss!
That is all that is left here on slashdot. Clickbait article links and musings on gossip requiring no proof. Thanks millennials for fucking up another thing I used to like.
I figure it's only a matter of time before one of them tells us the Elon also created the Universe 13.7 billion years ago.
Did you know 80 to 90% of the moderators on slashdot wouldn't recognize a troll even if one dragged them under a bridge.
I know C++, I learned economics and crypto at school, I also own a credit card. That obviously makes me a master of cryptocurrencies. /facepalm
But this is not enough, so let me prove you I am Satoshi : I don't own any bitcoin, and I don't bring the topic on bitcoin for unrelated conversations.
And if that story makes sense, it would make sense for millions of people. Nice story though. I would have preferred Steve Jobs though, leaving us with bitcoin just before his death, and getting buried with the private key would have made a great story.
It was revealed that Elon Musk actually invented baseball. Also apple pie.
Sucking it deep in their mouths and deep in their asses.
and the fact that "Elon has said publicly he doesn't own any bitcoin, which is consistent with a 'Good Satoshi' who deleted his private keys.
Being consistent with some theory is a pretty low standard, something even creationists and fake moon landing theorists achieve.
sed -e 's/Chuck Norris/Rajnikant/g' joke > fact
Give me a fucking break, millennial. No. Elon Musk hasn't 'invented' anything, ever.
Please send 1000 Bitcoins to 17Yvsma9tfiuqVP7QhsFE2VmsFpTEMy17P so I can work full-time on my own projects.
Thank you in advance.
It was a collaboration, but I can't tell you that because... Keyser Soze. I know you doubt me; the greatest trick the devil ever pulled was convincing us he doesn't exist. I figure somehow this hurt the Hungarians.
Some drink at the fountain of knowledge. Others just gargle.
a famous fragrance, after which several mammal species were subsequently named.
Escher was the first MC and Giger invented the HR department.
'Nuff said.
Move along folks, nothing to see.
Starships were meant to fly, Hands up and touch the sky - Nicky Minaj
Is an anagram of Satoshi Nakamoto.
Musk obviously is not smart enough to create BitCoin.
But the real tell is that it couldn't have been invented for us on Mars, because Mars is not a planet.
Space is fake. The Earth is flat. The elipses prove it.
Please tell me there's a way I can filter out all stories that have anything remotely to do with Elon F'ing Musk, please.
- First they ignore you, then they laugh at you, then ???, then profit.
this insufferably moronic article marks the last time I am reading slashdot, anonymous coward 1999-2017 RIP
I'm an early adopter of Bitcoin (late 2010).
The core dev crew (and Satoshi, whether he was an individual or a group of people) had one thing in common: extreme paranoia. They were all convinced that at any moment "the guv'mint" (or flavor of the month secret Powers That Be ) was going to kick their door down and haul them off to a dark hole.
I have no idea whether Musk has the requisite coding talent, but he's not paranoid that way. You'd all know if he was. It emanates in waves.
Elon Musk invented BitCoin? Surely not. I heard it was Kim Jong-un.
If he did, it would be the only thing Elon has ever introduced to the market that actually had net positive financial value.
So no, he did not.
At one million bitcoins if the key was still around what about selling it of slowly and invest in stocks and use that profit to improve the situation for man kind or something?
If bitcoin would end up being worth a whole lot more then this could had been one way of redistributing wealth if Musk felt he didn't needed it himself.
After not only making Paypal, building SpaceX, revolutioning the auto industry with Tesla, proposing the Hyperloop and kickstarting the brain lace, now rumor has it that Musk also built bitcoin out of the kindness of his heart (because Sakamoto -aka Elon- supposedly didn't keep the founder's stack of coins).
Give me (and Elon) an effin break.
Invented the cure for cancer, but is under a non compete that prevents him from releasing it.
revolutionized digital currency with his founding role in Paypal
When did âoeWestern Union, but on the internet!â become âoerevolutionized digital currencyâ?
Thereâ(TM)s nothing magical about PayPal other than some first mover advantage and some business dealings. The concept and tech behind it are mundane and obvious.
ass jiggaboos think elon musk created bitcoin? heh
World currently burns more than 2% of total U.S. residential energy consumption on the childish pursuit of bitcoin "mining".
For what? A currency system with the worst privacy story imaginable?
Personally I couldn't care less who invented it. My view the world is better off without it.
I love how guys like Musk try to keep a populist folksy image by making statements that they don't care about degrees or education, but then in practice their orgs are stacked with ivy grads. Such a load of shit.
Nice subject. See what I did with mine? ;-)
I would argue that far from Musk being "one of the few who don't need the money," actual truth is that there is nobody on the planet that needs $8,000,000,000. Nobody.
If you believe that, I have a bridge to sell you. I think it might have been the Queen of England.
Captcha word: nonsense
not a big crypto nut but isn't there a certain point were bruteforcing the key to a million bitcoins will be less costly than mining new coins?
Hogwash. 8 billion would nicely fund a colony start-up on Mars. Elon could definitely use the money.
Satoshi is either Nick Szabo or one of the triad of researchers working with him. That is about 95% certain. Notice that Nick Szabo and Satoshi Nakamoto have the same initials, and Szabo is a Japanese fetishist. Also, Szabos papers on blockchain digital coins predate bitcoin.
The Cult of Musk gets more ridiculous by the day.
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Billionaire developing space rockets, super cars and ultra fast trains.
Each night Elon dons his identity hiding garb and fights injustice with his ninja coding skillz and enormous brain.
Could he milk the government tit and get grant money to fund it?
Musk is one of the worlds biggest narcissists; he wouldn't create something and then walk away from it. He would be spending most of his time talking about it; after all, he's really good at talking about getting work done, but doesn't seem to actually get work done
> inb4 Tesla
>> its easy to hire people who can do the job for you
Has Elon Musk the cure for the common cold?
Can Elon Musk walk on water?
Was Elon Musks mother a virgin?
Has Elon Musk invented vacuum tube maglev vehicles?
There is a problem with bitcoin.
Suppose first that we run a country. We have our own coin. So when someone goes to the supermarket they give some of those coins to the supermarket and in return they get say a bread. The supermarket buys the bread at the bread factory and the bread factory pays the employees. All in all there is a certain amount of money (/coins) necessary to keep all this running. Would 100 of these coins suffice? That depends on how big our economy is. And it doesn't matter if we call them cents or dollars or bitcoins. There is a certain amount of money required and you can express that in the Gross Domestic Product, or in the macdonalds index (how many big macs you can buy).
Now... suppose we have "enough money" in circulation to keep the economy running smoothly. But now something happens and suddenly people start saving money like crazy. They put the stuff in their bank-account and it doesn't move anymore. That would make the money more scarce, wanted, necessary and the value of the coin goes up. In our hypothetical country, the government will create more money to go around to keep this effect in check and everybody is happy again.
Now with bitcoin, at the current exchange rate, there should now be enough bitcoins worth to run a (very) small country. Well, with bitcoins, because the exchange rate is going up all the time, people ARE going to stockpile them like crazy. This leaves less-and-less of them around for "running the economy". Because the supply of new bitcoins is finite, less-and-less will remain for running the economy. When there is a real economy running on bitcoins, the amount of "free bitcoins" will determine what the price of a bitcoin will be. And it makes a big difference if 90% or 99% of the bitcoins is "in a savings account".
At the moment, the smallest bitcoin is 10^-8, right? About $10^-4 right now. If bitcoin goes 100x bigger (more bitcoins get "locked up" and 10x more economy starts running on bitcoin), we can't express sub-cent amounts anymore.
Back on topic: I think Elon is smart enough to have seen this in advance and would have run things differently.
If anything Terence Tao created Bitcoin.. no one on the planet would be more qualified than this guy:
https://g.co/kgs/T7rgNJ
He probably would have done a better job.
Also, the use of Forth suggests somebody older.
Please stop asking questions in the subject line of your articles. I've seen at least 3 of them today, and the answer is always NO.
Just another day in Paradise
Satoshi
....a person from South Africa
Elon, we are onto you!
SAToshi
South African Toshi
South African Tushi
Until today, I was unfamiliar with Betteridge's law.
Jezus made the Bitcoin.
-- Cheers!
> fully breaking SHA-256 would require more energy than the Sun (Sol) has left
According to currently available knowledge in the open academic sector. There are severeal caveats with such a statement, however:
1., Maybe some 3-lettered agency has more bigger minds on pay-roll than any civilian universities?
2., Some time in the future, maybe in the near future, somebody, maybe even a civilian researcher can make a discovery, like solving P vs NP and then all digital computer based cryptography, be it TSA or elliptic curves, collapes overnight.
3., The solution could come from outside, for example an ancient space-faring civilization may have exhausted the entire search space aeons ago and could tell us the solution straight from stored cache for any SHA retro-query. Alternatively, G-d could talk to a prophet and tell him this or that SHA-256 computes to this or that important file.
(G-d can crack SHA-256 just by proclaiming let there be a crack, otherwise he wouldn't be G-d. Science has no authority to say whether G-d exists or not, as that's outside the reach of falsifiable reaseach until he decides to reveal himself, if ever.)
4., Other things which we cannot even start to imagine. (There are more things in heaven and earth, Horatio, Than are dreamt of in your philosophy. Hamlet, Prince of Denmark, Scene V)
Elon Musk is reincarnation of Nikola Tesla, Who else then?
"Satoshi" probably hasn't even been born yet. He traveled back in time to generate wealth for himself in the future; His innovation was creating a new currency, as opposed to using the old compound interest trick -- also makes actually procuring the money easier, no banks to deal with, just needs to have his keys.
... that Elon Musk writes his own code.
Does he not have minions for that?
Tracy Johnson
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BT
Chuck Norris...
elon is an asset, fellas!
The job before paypal was working for Clowns In America as the CEO of a clowns venture capitol 'non-profit'.
After he took up paypal, he then gave himself the position of CEO of paypal.
The rest of operation mockingbird legend.
Spacex has been supplying missile engines to NK.
Uranium1 was to transfer uranium via Treaudus country, then to Merkel's country, then to NK.
Welcome to the bleeding edge of information.
Wake up from fantacy land peoples!
I own no bitcoins and I am Satoshi Nakamoto.
I bet he's also the Zodiac killer.
Clearly Musk did create Bitcoin.
Birds are not dinosaur descendants;birds are dinosaurs, for all useful meanings of "birds", "are" and "dinosaurs"