On The Satoshi Complex - jalToorey/IdealMoney GitHub Wiki

satoshi{?}

Because of the nature of bitcoin, and not just because 'governments are evil and Satoshi must hide from them' (such is a libertarian view that this works doesn't speak to or from), it was important at least in its early phase that bitcoin had no creators to point to.

Among other security reasons, as a proper scientific and academic experiment it’s important to have no author to scrutinize.

However this opens up bitcoin to a type of social attack. Craig Wright is one well known personality that has tried to exploit this vector by trying to take on the persona of Satoshi:

craig{Satoshi}

From satoshi{?}’s standpoint, the person or persons behind the final implementation of a Nakamoto Consensus (aka optimal probabilistic byzantine agreement protocol) the question was not how to design the best money. Rather, Bitcoin was born from accepting limitations. It was born from deciding how the thermodynamic limitations could be set to allow for maximum scalability.

It’s not an answer to ‘what is the best money’, because trying to implement the best money limits the security, defeating the purpose of the pursuit.

On Bitcoin's Ongoing Social Sybil Attack Use and Reference of Satoshi and Satoshi's Vision

Paradoxically, Bitcoin couldn't exist if it was designed with vision and foresight of what it SHOULD be. It was designed by understanding what it COULD be. This is a perfect clue for those wanting to verify the moral nature of popular personalities that invoke Satoshi's vision without caution paid to either this point or the laws of thermodynamics.

On John Nash’s Quest for Ideal Money

It is the curious nature of John Nash’s works Ideal Money that we want to point out has a complexity distance from Nick Szabo and from Satoshi of near zero. We extend Nash’s work to show the value of Bitcoin as a global money standard and savings device that all existing major currencies can, should, and will peg their value to.

Nash wasn’t at all looking to describe what kind of design an ideal money would have but instead he described a setup concordant with the existing major global currencies adopting bitcoin as a capacitor or gold like standard.

Our work wraps bitcoin in Nash’s proposal and show that John Nash, Satoshi, Hal Finney and Nick Szabo’s theories synthesize pleasantly and usefully:

idealMoney{bitcoin}