This episode discusses the explosive news that Wired Magazine claimed to have identified Dr. Craig Wright, an Australian, as the long-sought inventor of Bitcoin, Satoshi Nakamoto. The revelation, which was also covered by Gizmodo, was based on leaked emails showing Wright discussing taxes and establishing a trust for one million early-mind bitcoins.
The news created a mixed reaction: it was positive because it provided a founder and clarity on the 1 million bitcoins (which are locked in a trust until 2020, calming crash fears). However, it was negative because it eliminated the mystery surrounding Bitcoin's creator, and it placed Dr. Wright and his family in potential danger.
The episode also noted a counter-theory proposed by Kashmiri Hill, suggesting Wright might be faking his connection to Satoshi.
1) Main topics discussed:
* Wired Magazine's claim identifying Dr. Craig Wright as Satoshi Nakamoto.
* The implications of the revelation (good for Bitcoin: founder identity; bad for Bitcoin: loss of mystery).
* Details regarding the 1 million early-mind bitcoins (locked in a trust until 2020).
* The personal security risks faced by Dr. Wright and his family.
* A counter-theory suggesting Dr. Wright is faking his connection.
2) Key quotes:
* "This story is both good for Bitcoin and bad for Bitcoin."
* "We have a founder. He's wicked smart."
* "The real question now is, did Satoshi Nakamoto watch mad bitcoins?"
3) People mentioned:
* Dr. Craig Wright
* Satoshi Nakamoto
* Kashmiri Hill
4) Bitcoin price if mentioned:
* Climbed to a high of 416 and a low of 390 (Winkdex). (Previous price mentioned: $285 on Oct 26).