Can i ask a question regarding digital signatures again?

So if these digital signatures determines ownership,by providing them,are these digital signatures available to everyone?I mean can these signatures be seen on the blockchain/bitcoin explorers?

“milk was a bad choice” - satoshi nakamoto nostr:note1u5wlhapgcntckee0jqhxfzzrcpcztys74v7fs4z7d72sxl0dg2zs5hv4xs

“Do, or do not. There is no try”

- Satoshi Nakamoto nostr:note1nfdqfxl93j0x273zuc5364nt62c63965ea6y9xt6a9x5jcu7e6wqcd0qyg

Guys, what do you think about the possibility that Satoshi Nakamoto could be the government? His wallet has never been touched and holds between 750,000 to 1 million bitcoins x 35k = $26,250,000,000 at a minimum. Do you truly believe that a human could have that amount of money and not spend a single dollar?

#bitcoin #satoshinakamoto #goverment

Touché. I agree with all that you said. I personally stack sats and don't own any gold. Well, actually I own 2 PAXG tokens just to check it out and see how it reacts to the spot price of gold. So far after 2 years it has mirrored the spot price of gold accuratly. Thanks for your thoughtful response.

Here is the interpretation of the Bitcoin to Gold ratio chart I just posted:

The ratio in the chart I just posted divides the price of Bitcoin by the price of Gold and represents the number of ounces of gold it takes to buy a single bitcoin. When the ratio rises, bitcoin is outperforming gold - and when it falls, gold is outperforming bitcoin. The chart's yAxis is logarithmic for better visualization and to cope with bitcoin's parabolic advances over time.

Bitcoin was launched in 2009 by Satoshi Nakamoto who's true identity remains unknown. According to Satoshi's whitepaper, bitcoin promises to be the first purely peer-to-peer version of electronic cash without having to rely on any financial intermediary. Like gold, there is a limited amount of bitcoin. Programmed in the source code, there are a limit of 21 million tokens as well as halving events, which reduce the supply of bitcoin by 50% - ensuring that the final bitcoin won't be issued until about the year 2140. Through an innovative incentive structure, so called "miners" compete in solving a math problem and get rewarded in bitcoin - securing the network and verifying transactions in the process.

Bitcoin and gold are frequently compared as investment assets. Gold has a longstanding reputation as a dependable store of value, often utilized as a hedge against inflation and economic uncertainty. Bitcoin, on the other hand, has emerged as a digital store of value in recent years, garnering attention for its limited supply and decentralized nature. While gold offers stability and tangibility, bitcoin provides advantages such as divisibility, portability, and transparency through its digital infrastructure. Both bitcoin and gold are commonly viewed as means to diversify a portfolio and hedge against inflation resulting from fiat currency debasement.

I love the reactions I get when I do an online order and go pick it up under Satoshi Nakamoto and see their faces when I say the name 😂

“If you don't believe me or don't get it, I don't have time to try to convince you, sorry.” - Satoshi Nakamoto

905 Days

With Bitcoin, how long do people go before they tap out from Bitcoin? If you look at the early Bitcoiners, many have disappeared or gone silent.

At one point Satoshi Nakamoto got to a frustration point where he wrote on Bitcoin:

"If you don't believe it, or don't get it, I don't have the time to try to convince you, sorry." - Satoshi Nakamoto

All you Altcoiners need to get this tattooed on your thighs, facing you so you read it easier. It's for you, not other people.

The Satoshi Pain Threshold where he tapped out. How long have you been publicly supporting Bitcoin? Can you go longer than Satoshi did?

October 31, 2008 - Satoshi Announced the Bitcoin White Paper

April 23, 2011 - Satoshi's last email before he went silent

905 Days

Satoshi made it 905 days before he tapped out for good from the public eye.

When will you go publicly silent on Bitcoin like so many of the previous people did and passed the torch to the next wave of Bitcoiners?

𝗦𝗰𝗮𝗹𝗶𝗻𝗴: 𝗕𝗶𝘁𝗰𝗼𝗶𝗻’𝘀 𝗢𝗹𝗱𝗲𝘀𝘁 𝗗𝗲𝗯𝗮𝘁𝗲

𝘈𝘯𝘥 𝘱𝘳𝘰𝘰𝘧 𝘵𝘩𝘢𝘵 𝘚𝘢𝘵𝘰𝘴𝘩𝘪 𝘥𝘪𝘥𝘯’𝘵 𝘬𝘯𝘰𝘸 𝘦𝘷𝘦𝘳𝘺𝘵𝘩𝘪𝘯𝘨.

𝟭𝟱 𝘆𝗲𝗮𝗿𝘀 𝗮𝗴𝗼 𝘁𝗼𝗱𝗮𝘆, Satoshi Nakamoto responded to James A. Donald, who was the first to reply to Satoshi’s announcement of the Bitcoin Whitepaper, 2 days after it was posted. James agreed that something like Bitcoin was needed, but didn’t see how it could scale to billions of users:

“𝘞𝘦 𝘷𝘦𝘳𝘺, 𝘷𝘦𝘳𝘺 𝘮𝘶𝘤𝘩 𝘯𝘦𝘦𝘥 𝘴𝘶𝘤𝘩 𝘢 𝘴𝘺𝘴𝘵𝘦𝘮, 𝘣𝘶𝘵 𝘵𝘩𝘦 𝘸𝘢𝘺 𝘐 𝘶𝘯𝘥𝘦𝘳𝘴𝘵𝘢𝘯𝘥 𝘺𝘰𝘶𝘳 𝘱𝘳𝘰𝘱𝘰𝘴𝘢𝘭, 𝘪𝘵 𝘥𝘰𝘦𝘴 𝘯𝘰𝘵 𝘴𝘦𝘦𝘮 𝘵𝘰 𝘴𝘤𝘢𝘭𝘦 𝘵𝘰 𝘵𝘩𝘦 𝘳𝘦𝘲𝘶𝘪𝘳𝘦𝘥 𝘴𝘪𝘻𝘦.”

On 3 November 2008, Satoshi replied by explaining that long before the network would get too large, users could use Simplified Payment Verification to check the block headers and ensure there wasn’t any double spending. And this wouldn’t require much space on a computer.

Satoshi went on to say: "𝘖𝘯𝘭𝘺 𝘱𝘦𝘰𝘱𝘭𝘦 𝘵𝘳𝘺𝘪𝘯𝘨 𝘵𝘰 𝘤𝘳𝘦𝘢𝘵𝘦 𝘯𝘦𝘸 𝘤𝘰𝘪𝘯𝘴 𝘸𝘰𝘶𝘭𝘥 𝘯𝘦𝘦𝘥 𝘵𝘰 𝘳𝘶𝘯 𝘯𝘦𝘵𝘸𝘰𝘳𝘬 𝘯𝘰𝘥𝘦𝘴.” Back then, mining and running a validating node were essentially the same thing, and were simply referred to as “nodes”. They have since come to mean separate things, with many users running nodes on small computers, but not mining.

But then Satoshi said something that we have since learned would not have been good for Bitcoin: “𝘈𝘵 𝘧𝘪𝘳𝘴𝘵, 𝘮𝘰𝘴𝘵 𝘶𝘴𝘦𝘳𝘴 𝘸𝘰𝘶𝘭𝘥 𝘳𝘶𝘯 𝘯𝘦𝘵𝘸𝘰𝘳𝘬 𝘯𝘰𝘥𝘦𝘴, 𝘣𝘶𝘵 𝘢𝘴 𝘵𝘩𝘦 𝘯𝘦𝘵𝘸𝘰𝘳𝘬 𝘨𝘳𝘰𝘸𝘴 𝘣𝘦𝘺𝘰𝘯𝘥 𝘢 𝘤𝘦𝘳𝘵𝘢𝘪𝘯 𝘱𝘰𝘪𝘯𝘵, 𝙞𝙩 𝙬𝙤𝙪𝙡𝙙 𝙗𝙚 𝙡𝙚𝙛𝙩 𝙢𝙤𝙧𝙚 𝙖𝙣𝙙 𝙢𝙤𝙧𝙚 𝙩𝙤 𝙨𝙥𝙚𝙘𝙞𝙖𝙡𝙞𝙨𝙩𝙨 𝙬𝙞𝙩𝙝 𝙨𝙚𝙧𝙫𝙚𝙧 𝙛𝙖𝙧𝙢𝙨 𝙤𝙛 𝙨𝙥𝙚𝙘𝙞𝙖𝙡𝙞𝙯𝙚𝙙 𝙝𝙖𝙧𝙙𝙬𝙖𝙧𝙚.”

Bitcoiners now understand that this would have had a centralizing effect on the network. It’s imperative that the barrier remains low for running a full copy of Bitcoin’s protocol and blockchain, so as many people as possible can run nodes and keep the network decentralized.

Fortunately, hardware has improved and its price has fallen enough to allow many users to run their own full nodes. As long as storage capacity and hardware price stay ahead of the total blockchain size, there will never be a need for Bitcoin to be run by a handful of of “specialists with server farms”.

It’s clear from the rest of Satoshi’s message, however, that he anticipated improved bandwidth between connected nodes in the future. So it seems he understood 𝘴𝘰𝘮𝘦 of the ways that technology would likely improve over the next several years, but he didn’t understand everything.

Which is just one example of how Satoshi was a fallible human being. It can be fun to speculate on him being something fantastic, like a time traveler or an alien, but it’s important that we don’t deify him as something more than what he was: a 𝘷𝘦𝘳𝘺 smart person that could be mistaken once in a while. Just like you.

We owe Satoshi a debt of gratitude for designing Bitcoin, and for thinking ahead about how it might scale, but he wasn’t perfect. And now that the protocol is 𝘺𝘰𝘶𝘳𝘴 𝘆𝗼𝘂 𝗮𝗿𝗲 𝗮𝗹𝗹 𝗦𝗮𝘁𝗼𝘀𝗵𝗶, so you have to learn for yourself which scaling solutions work and which don’t.

And I’m here to help you with that.

Ask not what #Bitcoin  can do for you, ask what you can do for #Bitcoin .

~ Satoshi Nakamoto 🐝

“Lost coins only make everyone else's worth slightly more. Think of it as a donation to everyone”.

- Satoshi Nakamoto

hey guys I found Satoshi!!!