Digital Cash

Does Digital Cash Have A Place In The Economy?

Table of Contents

• Introduction

• Can digital cash operate within an economy?

• What is the distinction between money & currency?

• Currency & Money

• The Historical Development Of Money

• The Book Of Daniel

• Inflation: The Problem

• The Survival Of Businesses

• Francisco Pizarro: A Case Study

• A Nation of Shop Keepers

• What’s Required For A Positive Economy?

• The Effects Of A Positive MoE

• Our Current Financial Situation

• The Worlds Gold Heists

• Bretton Woods Agreement 1944

• The “Nixon Shock” 15th Aug 1971

• What Can Be Done About All This Corruption?

• How Big Is The Problem & Where Does It Stem From?

• The Solution: A Peer-To-Peer Electronic Cash System

• The Paradox Of The Centralised Starting Point

• Why a Japanese Pseudonym?

• Why did Jeffery Epstein Get Involved With Bitcoin?

• The Blob And Bitcoin

• What Can Bitcoin Do?

• How Bitcoin Was Built

• Results/ Potential Solutions

• People Will Unite Due To Economic Incentive

• Appendix A: Historical Comments & Consequences Concerning Money & Central Banks By Notable People.

• Appendix B: How We Know Adam Back Is Not Satoshi Nakamoto.

• Appendix C: How We Know Wei Dai Is Not Satoshi Nakamoto.

• Appendix D: How We Know Nick Szabo Is Not Satoshi Nakamoto.

• Appendix E: How We Know Hal Finney Is Not Satoshi Nakamoto.

• Appendix F: How We Know Len Sassaman Is Not Satoshi Nakamoto.

Introduction

“Appearances to the mind are of four kinds. Things either are what they appear to be; or they neither are, nor appear to be; or they are, and do not appear to be; or they are not, and yet appear to be. Rightly to aim in all these cases is the wise man’s task.” — Epictetus, Greek Stoic Philosopher (50–135 CE)

“I think that the internet is going to be one of the major forces for reducing the role of government. The one thing that’s missing, but that will soon be developed, is a reliable e-cash, a method whereby on the Internet you can transfer funds from A to B without A knowing B or B knowing A.” – Milton Friedman, 1999.

Can digital cash operate within an economy?

“Cash” is the most liquid form of money and money has to be a commodity. For a digital cash system to operate within an economy the resource that is digital data must first be commoditised. If a digital network can be commoditised then yes, a digital cash system could operate within an economy.

What is the distinction between money & currency?

There are only 4 classifications of items that circulate within an economy: 1) Goods 2) Services 3) Securities 4) Commodities.

1. Goods: Goods are manufactured by a controlling central entity.

2. Services: Services are provided & therefore cannot be transported.

3. Securities: Securities are issued by a controlling central entity & are intended to represent a secured form of entitlement.

4. Commodities: Commodities are only ever extracted or grown & are therefore defined as having no human barrier to entry to accessing them.

The word “commodity” is an amalgamation of three words: “common”, “item”, “identity”.

Currency & Money

Currency & money also operate within an economy & therefore must be defined in order to categorise them within an economic classification.

Currency

The word “currency” is an amalgamation of two words: “Circulating-Security”.

When a security starts being used as a medium of exchange (MoE) within an economy it becomes a circulating-security & referred to as “currency” (because a current flows & circulates). Currency can only exist within a closed economic area or private community where the issuing authority has the power to back up & secure the claim of the issued entitlement.

Securities are inanimate items that represents secured entitlement. They therefore commonly come in the form of tickets, tokens, vouchers, gift cards, wristbands, share certificates, title deeds etc.

Examples:
* Tickets secure entitlement to enter a concert.
* Tokens secure entitlement to enter an arcade.
* Vouchers secure entitlement to a discount.
* Gift cards secure entitlement to purchase.
* Wristbands secure entitlement to enter a festival.
* Share certificates secure entitlement to the sale of shares in a company and receipt of company dividends.
* Title deeds secure entitlement to land owner rights etc.

Securities are divided into three categories:
1) Private securities
2) Registerable securities
3) Fraudulent securities “Securities fraud”.

Private Securities

Private securities are issued in the private and are therefore not required to be registered. E.g. Tickets, tokens, vouchers, gift cards, wristbands etc.

Registerable securities

Registerable securities are defined in law by the “Howey Test” that was established by the U.S Supreme court in: S.E.C v W.J. Howey Co 1946. The Howey Test established that a registerable security would be defined as…

i) An investment of money (value)
ii) In a common enterprise (an offer open to the public, not private)
iii) With the expectation of profit (Return On Investment R.O.I)
iv) Based on the efforts of others (joint venture)

Typically registerable securities are seen as investments in enterprise style ventures into economic markets.

Fraudulent securities

Fraudulent securities are inanimate items that claim to secure entitlement to something of value, but in fact do not. Such things that cannot be securitised are for example a promise or luck.

The issue with a “promissory note”.
A promise is not a contract. A promise therefore cannot be enforced. A promise therefore has no value, which means you cannot securitise a promise. In other words a promise cannot be turned into a financial instrument, in the same way that “luck” cannot be turned into a financial instrument.

So, why have courts ruled that a promissory note has value?

A promissory note is only considered to be of any significance under maritime law jurisdiction, not common law. Maritime law only deals with legal fictions & corporate entities and since corporate entities are corps, they do not require any true value representing an energetic exchange because they themselves have no energy in them since they are not of the living.

Other forms of securities fraud would be the paying into a Ponzi scheme, named after Charles Ponzi (3rd March 1882–18th January 1949). A “Ponzi scheme” is i) An investment of money (value), ii) In a common enterprise (open offer) iii) With the expectations of profit (R.O.I), but without anything based on the efforts of others. Because a Ponzi scheme doesn’t produce or manufacture anything there is no “efforts of others”, making the offer an economically worthless, illegal, unregistered, security offering & fraud.

Money

The word “money” is an amalgamation of two words: “Monopoly-Commodity”.

After a common item has been packaged and uniquely identified it can then be used as a medium of exchange (MoE) in a common market place. A commodity is the ONLY thing that has common value because there is no human barrier to entry in accessing it.

When commodities start being used as a MoE in a common market place they become competitive to one another as tools that enable, encourage & accelerate the facilitation of trade. Since they become competitive, over time, the economy will settle on the preferred use of just one. So, when a commodity eventually monopolises a market due to its ability to be used as a MoE it becomes a monopoly-commodity and recognised as money.

A circulating-security is referred to as currency because it is issued, whereas a monopoly-commodity becomes recognised as money over time.

The Historical Development Of Money

Most cities in Britain have a well known Corn Exchange in a prominent location. This is because every item in an economy has its value measured against a base product, which is how its market price is determined. Before these modern times of global trade the base economic item in towns and villages across the land was corn. Corn was a staple part of everyone’s diet and used for the extraction of wheat grain that would then often be ground into flour for the baking of bread. Because corn was so widely used there was a constant and steady high demand for it. Discussion was often focused on its production and supply rather than its demand because the demand was so certain.
However, as economies grew & trade expanded the transportation of corn as the value exchange became less & less convenient and so other forms MoE started to be used as money. This development of money eventually lead to the use of sterling silver that powered the economy and saw the rise of the City Of London. The expression “British Pound Sterling” is still in use today but has detached from both its meaning of silver & its weights measurement in pounds.

As trade became international & global, gold has emerged as the preferred MoE between nations. J.P Morgan was correct in his assessment when in 1912 he famously stated: “Gold is money, everything else is credit”.

The Book Of Daniel

In the biblical text of the Book of Daniel, Daniel 2 written 604 BCE, where Daniel Interprets Nebuchadnezzar Dream he describes a giant that seems to mirror the historical development of money. Its feet are partly made of iron & clay, its legs of iron, belly & thighs of bronze, its chest & arms of silver & lastly its head made of gold. To any economist the belly & thighs of bronze would represent the Roman empire. The chest & arms of silver would represent the City of London, & finally the head made of gold would represent the Federal Reserve.

The dream concludes when Daniel says: “You watched while a stone was cut out without hands, which struck the image on its feet of iron and clay, and broke them in pieces. Then the iron, the clay, the bronze, the silver, and the gold were crushed together, and became like chaff from the summer threshing floors; the wind carried them away so that no trace of them was found. And the stone that struck the image became a great mountain and filled the whole earth.”

Cut Out Without Hands

Interestingly the interpretation of a stone being “cut out without hands” indicates the absence of human intervention and might therefore be a new form of commodity that could completely replace the use of gold & silver in the modern day financial system. This would explain the metaphor of the gold & silver becoming like chaff from the threshing floors in summer & being carried away in the wind “so that no trace of them was found.” The last line is very telling when it says “And the stone that struck the image became a great mountain and filled the whole earth.” Could this a metaphor for a hard, indestructible form of new money that fills the whole earth? More on this later.

Inflation: The Problem

Ultimately it’s an inflationary financial system that causes all the worlds social problems. This is because if the supply of the MoE being used continues to expand in comparison to the supply of goods & services in the economy, the demand for the MoE becomes less & less as it becomes more abundant. Therefore the cost of the goods and services will appear to increase in their value comparatively. That is unless their own supply keeps pace with the expansion rate of the MoE being used, which is unlikely since most goods & services are consumables, whereas a MoE cannot be & therefore will continue to expand at a faster pace.

If the MoE being used does result in the development of an inflationary financial system, the economy will quick become toxic as producers & manufacturers compete against one another for market share by producing cheaper & cheaper, shoddier products. Eventually corners would be cut in production lines, quality control would reduce & safety concern’s would start to be overlooked leading to a demoralised, demotivated work force & the erosion of ethics in society as a whole. This would result in a negative cultural change in society & rapid decline. Companies would have to purposely build in “obsolescence” to their products to create repeat custom causing extreme pressure on environmental resources & massive amounts of unnecessary waste.

The Survival Of Businesses

If the MoE circulating in the economy is continually declining in its value due to its inflationary supply the significantly larger companies (which often control the economies essential base products), will increase their prices to produce profits & larger dividend payments to their shareholders. This then has a knock-on effect for the rest of the economy as smaller businesses at the mercy of their larger suppliers have to increase their prices simply to cover their cost base. Unless a business can either increase their prices inline with inflation or somehow reduce their over heads, they’re constantly fighting an uphill battle to stay profitable and in business, & will ultimately succumb to either going bust and taken into receivership by the bank, or, being bought out by an expansionist competitor that can take advantage of economies of scale.

Francisco Pizarro (c.1478–26th June 1541): A Case Study

Francisco Pizarro was Spanish conquistador, best known for his expeditions that led to the Spanish conquest of the Inca Empire.

Francisco Pizarro instigated the Battle of Cajamarca (1532), enslaved the Inca’s and used their slave labour to extract the gold from the America’s & bring it back to Spain. This made Spain the richest country in the world at the time. However, Spain’s wealth & riches didn’t last long since all that happened, on a very practical level, was an introduction of an excessive amount of gold & silver into Spain’s economy chasing the same number of goods & services. Spain quickly went on to experience hyper inflation & economic collapse.

A Nation of Shop Keepers

In comparison to Spain’s tale of economic woe London went on to become a “Nation of Shop Keepers” and the British Empire expanded into the “Empire upon which the sun never sets.” This wasn’t due to the amount of money the empire had, it was due to its access to resources. The conclusion here is that access to resources is what generates wealth and contributes to overall increased quality of life. Therefore it’s finding an economically incentivised method that will allow small businesses to survive & thrive that will rejuvenate an economy. Its choice that gives us freedom. Without choice we have no freedom.

What’s Required For A Positive Economy?

If a MoE were to be introduced into an economy that was fixed in its supply and continuously divisible, as opposed to inflated, then its effects would also counter the negative effects of inflation. Using a MoE that is fixed means that businesses & corporations start to compete directly for its value rather than its supply. So, rather that compete against their market competitors making goods cheaper & cheaper, & sacrificing quality for cost production, they start to compete for the value of the asset in the consumers pocket by providing best “value for money”.

The value for money in this case will be best value long term, meaning less waste & higher quality products that last longer. This is because the asset they want is fixed in its supply and therefore the sooner they get it the better value they’ll receive from it since its value is increasing over time.

The issue then becomes how to encourage consumers to part with this asset that is increasing in value since they will be less inclined to spend as the longer they hold onto it the more purchasing power they’ll gain. However, the flip side to this is that since the consumer is accruing more purchasing power from its value increase, they become more willing to spend since they accrued the purchasing power free in the first place. Consumers will experience a sensation of abundance & no longer feel as though they are spending their hard earnt sweat equity.

The Effects Of A Positive MoE

The effects of a divisible, positive MoE that is fixed in its supply are two fold…

First it speeds up the economy and encourages innovation as manufactures race to bring better quality products to market to receive a better R.O.I on the asset they receive as payment. A positive economy would NOT require consumable products since businesses can rely on the ever increasing value of the MoE to sustain them. Entrepreneurs & inventors would race to bring the best value products & creations to market, knowing they were no longer bounded by a toxic economy requiring repeat custom.
Second consumers are more willing to spend as they experience an increase in their available purchasing power. However, consumers would also start to develop more awareness for the quality of the item they were purchasing, due to the consideration of the value exchange. This would likely raise their overall vibration & level of consciousness.

Our Current Financial Situation

In 1985 when Robert Ballard first discovered the wreck of Titanic that reportedly sunk on the evening of 15th April 1912 after colliding with an iceberg, they uncovered inconsistencies with its design. The inconsistences were with the number of port holes, the windows on B deck, the extended bridge wings & its name.

Where the ships name had been engraved into its bow there now appeared to be iron plates that had been riveted on concealing each engraved letter. Over the course of time two of the iron plates had rusted off & exposed the letter beneath. The exposed engraved letters found were “M” & “P”, which are consistent to its sister ship the Olympic. All the other design inconsistencies with Titanic also matched Olympic. The Olympic had been involved in a major collision with HMS Hawke on 20th September 1911 and its propeller shaft had been bent (meaning an economic write off for a ship). There are no records that the Olympic was ever repaired.

The above findings are significant because onboard the ship that sank were the 3 very powerful, main objectors to J.D Rockefeller & J.P. Morgan’s proposal for a central bank in the United States. These objectors were John Jacob Astor IV, Benjamin Guggenheim & Isidor Straus.

J.P Morgan and 50 of his friends cancelled their trip on Titanic’s maiden voyage at the last minute & an over inflated insurance policy had been taken out on the ship before it departed.

If there was a criminal conspiracy involved in the sinking of this ship it means there is a high probably that these criminals were also involved in the creation of the Federal Reserve and therefore have a controlling influence over its operations.

The Worlds Gold Heists

The Federal Reserve Act was signed in to force the following year in December 1913. With its ability to print currency from nothing the Central Bank makes profits when it prints currency for itself. All that’s needed is an excuse. WW1 started the following year in 1914. The most profitable businesses are those that create consumable products with the highest profit margins (weapons). It would very convenient for those who had the ability to print currency from nothing to then have an excuse to print excessive amounts and wash it through a military industrial complex. During WW1 (1914–1918) large amounts of gold were stolen from Russia & continued to be extracted during the Bolshevik Revolution that continued up until 1923.

Executive Order 6102

Under Executive Order 6102, issued 5th April 1933, it was ordered that all persons in the United States hand their gold in to a Federal Reserve Bank before May 1st ,1933, under threat of a “$10,000 fine or 10 years in prison, or both.”
What followed on the evening of Monday, July 3rd 1933 was one of the worlds largest Baal worshipping ceremonies conducted at Soldiers Field, Chicago called, “The Romance of a People”. Baal is a Canaanite deity often worshipped for the purposes of fertility & economic prosperity.

Wall Street’s Failed 1934 Coup d’état

Report of the McCormack-Dickstein Committee published November 20th, 1934, stated that: “In the last few weeks of the committee’s official life it received evidence showing that certain persons had made an attempt to establish a fascist organization in this country (the United States)… There is no question that these attempts were discussed, were planned, and might have been placed in execution when and if the financial backers deemed it expedient.”

The failed Wall Street Coup d’état of 1934 was foiled by Sergeant Major Smedley Darlington Butler. Smedley D. Butler (a legendary U.S. Marine Corps general, twice awarded the Medal of Honour for battlefield heroism) infiltrated the plotters that were conspiring to over throw the U.S Government & exposed their plans to the U.S President (Franklin D. Roosevelt), before they were able to place their plans into execution. In a now famous public broadcast he said:

“The plan, as outline to me, was to form as organisation of veterans to use as a bluff or a club at least to intimidate the government and break down out democratic institutions. The upshot of the whole thing was that I was supposed to lead an organisation of 500,000 men, which would be able to take over the functions of government.
My main interest in all of this is to preserve our democratic institutions. I want to retain the right to vote and the right to speak freely and the right to write. If we maintain these basic principles our democracy is safe. No dictatorship can exist with suffrage, freedom of speech and press.”

Creation of the S.E.C.

It’s no coincidence that the Securities & Exchange Commission (S.E.C) was set up on June 6th, 1934, after the fail coup d’état of the U.S government. Since no arrests were ever made the plotters then created the Securities & Exchange Commission (S.E.C) to ensure that no other authority had the power to create or print currency, and that all future corporations & business owners would be registered & therefore known to them.

WW2 (1939–1945)

In WW2 (1939–1945) the U.S Corporations were supplying both Hitler and the allies with arms & ammunition that were paid for by gold reserves. During this time large amounts of gold were removed from Europe & Japan, hence the legends of the missing Nazi Gold Trains. So much gold was removed from Europe that the Federal Reserve pointed out to the European countries that they now no longer had enough gold in their banks to back the amount of currency they had in circulation and so proposed the Bretton Woods Agreement 1944 (The year 1944 would have been the 200th birth year of Mayer Amschel Rothschild, born 1744).

Bretton Woods Agreement 1944

The Bretton Woods Agreement 1944 took place while the 2nd World War was still raging. It seems convenient that WW2 ended shortly after this agreement was signed in the same way that WW1 ended shortly after the Balfour Declaration was signed on 2nd November 1917.

The Bretton Woods Agreement made the $ USD the world reserve currency since the United States had the majority of the worlds gold reserves after WW2. The proposal was that all the worlds currencies would be backed by the $USD and it was the $USD that would be backed by gold. This meant that the $USD was no longer economically competitive to other currencies meaning the United States could be as economically reckless & irresponsible as it liked (via inflation) without suffering the consequence any international economic penalties i.e. the devaluation of its currency.

The “Nixon Shock” 15th Aug 1971

In the same year that the Club Of Rome rebranded to the World Economic Forum (W.E.F) on 24th January 1971, and Memorandum 30/1048 was publish 1st July 1971, the “Nixon Shock” was also orchestrated on 15th Aug 1971.

• The W.E.F is unofficially recognised as the Deep State media propaganda arm.

• Memorandum 30/1048 outlined how High Treason would be committed, the Monarch deposed & sovereignty surrendered when Britain joined the European Economic Community (E.E.C) on 1st January 1973, which corrupted both the U.K political & judicial systems (Memorandum 30/1048 was hidden from the British public for 30yrs). This High Treason was committed by QEII when she signed Memorandum 30/1048 into force via the Treaty Of Accession 1972 (22nd January 1972). QEII also failed to sign her Coronation Oath correctly on 4th November 1952. She signed the Oath at the top indicating that she had not read or applied her mind & was therefore not taking responsibility or accountability for the terms and condition within the oath. Since she had not signed her oath & also committed high treason on the people, there was no crown to pass on to her son Charles, which is why the Privy Council defined him as “Liege Lord Charles the 3rd” at his charade of a coronation, because he could not be King.

• The “Nixon Shock” removed the $USD from the gold standard. This immediately corrupted the worlds financial system since all $USD and all currency backed by it from the 1944 Bretton Woods Agreement instantly became classified as securities fraud as defined in law by: S.E.C vs W.J. Howey Co 1946, because it no longer secured entitlement to anything.

The “Nixon Shock” 15th Aug 1971 was coincidentally orchestrated on the 100th year anniversary of Albert Pike’s letter to Giuseppe Mazzini that had previous been on display in the British museum in London. The letter, dated 15th Aug 1871, outlined how it would require three world wars to bring about a totalitarian, one world government & new world order.

If a group of people controlled the worlds financial system and the flow its MoE, it would only be a matter of time before they could fulfil any plan they desire. This might be a clue as to why the “Nixon Shock” was orchestrated on 15th Aug 1971.

What Can Be Done About All This Corruption?

Since all legal & political influence stem from economic power the only way to defeat this level of corruption would be for the world to start operating on a true money. The bigger the problem the less options become available to those looking for solutions.

How Big Is The Problem & Where Does It Stem From?

The corruption in modern society can be traced back the Flexner Report of 1910 when herbal medicine started to be substituted for petroleum based pharmaceuticals products. Doctors and University lecturers were arrested and thrown in jail for practicing & teaching homeopathic treatments & cures.

As we follow the timeline back it leads us to biblical texts, particularly the book of Samuel written 1028 BC. In 1 Samuel 15:3, God gave an instruction: “Now go, attack the Amalekites and totally destroy all that belongs to them. Do not spare them; put to death men and women, children and infants, cattle and sheep, camels and donkeys.”

The Amalekite people can be traced back to the Book of Genesis where they are first referred to as Rephaim. In Hebrew the word Rephaim translates to “terrible ones”. The Rephaim believe they are of the same bloodline and descendants of the biblical Nephilim, & the Nephilim believe that they are in a war with God after he tried to eradicate them from earth in the great flood (Ref: Story of Noah’s Ark).

In the Book of Daniel, Daniel 2:43 (604 BC), Daniel describes a Kingdom and a people that “shall not cleave” (King James Bible). It is believed, by those who want to go against the word of God, that this Kingdom represents the countries of Europe. So, to go against the word of God they wish to bring the countries of Europe together through the creation of the European Union, destroy their cultures & languages, & create a mono-culture amongst them.

The Rephaim are called so because they are the followers of Remphan. They also worship Baal, Moloch & Baphomet. They worship Baal for economic power, Moloch for political power & Baphomet for their inspiration to invert, subvert & pervert God’s law & creations. These people were later identified in The Book of Revelation 3:9, written in 95 AD. Today Rephaim would be called ‘Rephaimians’. Drop the ‘Re’ to create a word close enough that doesn’t give too much away & get; Fabians.

The instruction to “kill men, women, children, infants, cattle, sheep, camels and donkeys” has developed into an idea to first of all create a totalitarian, one world government and take control of all the worlds resources. Once that has been achieve the extermination of the majority worlds population in order to “Maintain humanity under 500,000,000 in perpetual balance with nature.” (Ref: Georgia Guidestones) should be made easier.

How Big Is The Problem?

In 2020 the M1 Money Stock that tracks the expansion of the world reserve currency ($USD), expanded by 300% in just 3 months from March 2020 — May 2020. It continued further until March 2022. This level of expansion is unprecedented. There is no justification for level of M1 expansion, EVER, and it can only end in complete & utter economic annihilation. Prices will continue to rise until there is a complete world wide currency collapse causing mass famines & the disintegration of economic infrastructure & supply chains. M1 Money Stock

The size of the problem is as big as it gets. There is no way to fix this problem by either lawful or political means. The ONLY way to solve this is by encouraging the use of a new economically positive MoE. A new form of money that can absorb the negative effects of inflation caused by the mass expansion of the M1 Money Stock. What we need is the commodity described in the Book Of Daniel as the stone cut out without hands, that becomes a great mountain and fills the whole earth.

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The Solution: A Peer-To-Peer Electronic Cash System

The only way to create a peer-to-peer electronic cash system is to first of all create a commoditised digital network that a digital asset could then be extracted from. There is only one way to do this meaning there will only EVER be one digital commodity.

Keeping in synchronicity with the Book Of Daniel, on 17th June 2010, Satoshi Nakamoto famously wrote: “The nature of Bitcoin is such that once version 0.1 was released, the core design was set in stone for the rest of its lifetime.”

The only way to create a commoditised digital network is to combine the following FIVE elements:

• 1) The foundation of the network must be distributed and each distributed component must be economically competitive to one another. It’s competition that divides things. Without competition there is only collusion & centralisation. Satoshi doesn’t spell this out directly but in the ‘Abstract’ section of the Bitcoin White Paper (BWP) Satoshi wrote “nodes can leave and rejoin the network at will.”

• 2) Responsibility and accountability must be moved away from the economically competitive, distributed foundation & onto the users of the network. This is done by attaching a digital signature to each and every transaction holding each individual user responsible for their own actions/network use. Accountability must then be created amongst the users by creating a chain of these digital signatures extending from the genesis block. In the BWP ‘2. Transactions’ Satoshi wrote “ We define an electronic coin as a chain of digital signatures.”

• 3) The network must have unbounded scale so that limitations & restrictions cannot be manufactured, & the network not be manipulated in anyway via artificial limits. In the BWP ‘6. Incentive’ Satoshi wrote “the incentive can transition entirely to transaction fees and be completely inflation free.” (For the network to be ‘inflation free’ it must be free from any scaling/capacity/volume limitations).

• 4) There must be a fixed asset supply baked into the protocol so that its economic fundamental value cannot be manipulated via its inflation or deflation. In the BWP ‘6. Incentive’ Satoshi wrote “Once a predetermined number of coins have entered circulation, the incentive can transition entirely to transaction fees and be completely inflation free.” (Predetermined means a fixed, set amount).

• 5) These four elements must be locked into the protocol before its inception, and NEVER changed. In the BWP ‘6. Incentive’ Satoshi wrote “He ought to find it more profitable to play by the rules, such rules that favour him with more new coins than everyone else combined, than to undermine the system and the validity of his own wealth.” (There is no such this as ‘perfect security’ only economic incentive. Therefore it must be more profitable to play by the rules in comparison to the cost of breaking them).

As well as these above 5 elements, the network itself must undergo a period of commoditisation, which is neutral organic growth in order to dilute its central starting point. The starting point of the network must also be classified as being “common”, so a common, equal and reasonable opportunity must have been provided for anyone & everyone to start the network themselves.

The Paradox Of The Centralised Starting Point

The reason most eminent economists don’t trust or understand Bitcoin is due to the paradox of the centralised starting point. The paradox is that if someone can start something then the same thing can be started by someone else, anywhere, at anytime meaning an infinite supply & therefore an economic fundamental value of ZERO. However, what they’ve missed is the neutral organic growth of the network that cannot be replicated. This is why the author of the Bitcoin White Paper wrote the paper in English, but gave himself a Japanese pseudonym.

Why a Japanese Pseudonym?

By splitting the creation of the Bitcoin network into two parts, 1) The author being Japanese, & 2) The White Paper being English, there is no definitive central point to its creation.

English being the most widely spread language throughout the world spoken in Europe, America & Australia, it was an obvious choice. However, if the author had given himself a western name he could have been tracked down. If he’d given himself a Chinese or Russian name people would have suspicions about his political intentions. If he’d used a 3rd world name people would have questions about where he gained his knowledge from & why he wasn’t coming forward to receive the financial rewards associated with such academic acclaim.

By giving himself a Japanese name, Japan being highly developed, technologically advanced & politically neutral, and an island nation with a large enough population & a language barrier, gave him the highest credibility as an author, & the best opportunity for his identity to remain a mystery, long enough, for the network to undergo its period of commoditisation (neutral organic growth without any central point of influence). The reason we know the commoditisation/ “neutral organic growth” phase of Bitcoin would only be for a certain period of time, and not indefinite, is because all chains of signatures lead back to the genesis block, which is where accountability ultimately lies. This means that there has to be a single, living, individual at the starting point of the network to create accountability through the chain of digital signatures. The period of neutral organic growth (for the Bitcoin network) was scheduled to come to an end on 1st January 2020.

It’s this scheduling of the Bitcoin network that might be responsible for the COVID19 pandemic being brought forward five years to 2020 in order to lock the economy down & stop people spending. In the The Spars Pandemic, published by Johns Hopkins University on 31st October 2017 (the 8th anniversary of the release of the Bitcoin White Paper), COVID19 was actually scheduled for 2025–2028.

If this was the case it would explain why those orchestrating the COVID19 pandemic appeared to have been rushing things, making mistakes, raising suspicions & causing people to ask so many questions.

Why did Jeffery Epstein Get Involved With Bitcoin?

It appears that Jeffery Epstein got involved with Bitcoin for the purpose of sabotage. Because the Bitcoin network is structured in a way to make it bullet proof (as Satoshi said “the core design was set in stone”), the only way to attempt to corrupt it would be to deceive & subvert people away from it. This deception would take a considerable amount of planning.

First of all a cryptographer & suspected C.I.A operative called Hal Finney would encourage Satoshi Nakamoto to install a 1MB block cap on 15th July 2010. This would place a temporary cap on the expansion of the network. But because it wasn’t ever hard coded in & could be removed at anytime with it being “soft coded”, it never changed the underlying, fundamental protocol of Bitcoin, & therefore Bitcoin’s legacy wallet addresses that start with a “1” never changed.

Later that year on 30th December 2010, Hal Finney would promote that Bitcoin could not scale & suggested centrally controlled 2nd layer solutions to this issue. This despite Satoshi Nakamoto writing an email to Bitcoin developer Mike Hearn on 12th April 2009 stating: “There is only one global chain. The existing Visa credit card network processes about 15 million Internet purchases per day worldwide. Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost. It never really hits a scale ceiling.”

Second, in 2012, a suspected deep state technical team developer called Peter Wuille started work on creating an alternative blockchain protocol that would have its chain of digital signatures segregated from the NFT transaction data, that people regard as being Bitcoin data. However, this would be a fundamental change to the protocol & result in an observable change to legacy wallet addresses, and if spotted could jeopardise their scheme to deceiving people in to thinking their alternatively created “SegWit” protocol was Bitcoin.

As this alternative protocol neared its completion Jeffery Epstein was called in, in 2014, to over see the managing of the propaganda and the media surrounding the deep state technical team being lead by Greg Maxwell. It was this coverage that would convince the public & the crypto community at large that this alternative protocol was a Bitcoin upgrade & be a benefit to the security of the network.

The deception started on 1st August 2017 when the Bitcoin chain was split in to two identical competing chains. Jeffery Epstein saw that the BTC ticker was placed on the chain that the deep state technical team controlled & intended to convert to their alternative protocol. This was done by colluding with the Crypto Exchanges to list their chain and alternative protocol with the market ticker BTC. Once the BTC ticker had been secured they then subverted it onto their Segregated Witness “SegWit” protocol on 24th August 2017 at block height 481,824. This saw the legacy wallet addresses change from starting with a “1” to number “3” & letters “bc”. The number 3 address is a multi-sig wallet that obfuscates responsibility from any one individual and a “bc” address segregates the signature entirely. To ensure ‘plausible deniability’ for themselves (if their plot were ever to be rumbled in the future) they still allowed payments using a “1”. But the fact remains their number 1 addresses are now on a comprised chain & network meaning no matter what they do, from an economic & legal perspective it is classified as being securitised & therefore without commodity status.

The technical propaganda regarding SegWit sounded reasonable & plausible (it would obviously have to be or it would never be believed) but what they failed to mention was that the chain of signatures had now been broken, which meant they could make changes to the network without anyone knowing (who’d done it) because there would no longer be a digital signature attached to a transaction. Removing a digital signature from a transaction also removes contractual credibility & any ability to lay claim should a dispute arise over a transaction, therefore all economic value is lost.

This meant that the BTC chain became centrally controlled & its marketed “SegWit” BTC token immediately became an economically worthless, unregistered, illegal security offering, and by default the worlds largest Ponzi scheme.

To double down on the subversion the genuine Bitcoin chain would later be split again on November 15th, 2018 at block height 556,766. The alternative chain & protocol had ‘Schnorr Signatures’ obfuscate the full digital signature so the signatures could no longer be independently validated on chain (breaking the chain of signatures), and also Canonical Transaction Ordering (CTOR) tampered with chronological ordering of transactions. These fundamental alternations to the protocol saw legacy wallet addresses change from starting with “1” to the letters “p” or “q”.

Once securitised a network can never go back to being commoditised in the same way that a snapped branch on a tree can’t ever be put back together the way it was naturally & organically. The moment any fundamental elements of the protocol are altered, from that moment on that particular chain & network becomes economically classified as being securitised FOREVER, and nothing can be done about it. Similar to the way a plant can only be considered organic if it remains untampered with after germination. The Bitcoin network can only be classified as commoditised if its fundamental protocol remains “predetermined”. Its protocol can be scaled but not altered or tampered with. Since the network must have unbounded scale so that limitations & restrictions cannot be manufactured for the network not to be manipulated, the networks block size (so long as it’s not limited) is nothing to do with its protocol.

The Blob And Bitcoin

As Jeffery Epstein started to get involved in Bitcoin a company called ‘Blockstream’ was incorporated in Canada on 27th January 2014. The name Blockstream is likely to have been derived from a previous tech company called ‘Silverstream’ that won the Accord Award for developing paperless transactions in the 1990’s. Silverstream Technologies was found to be responsible for moving $100’s millions of dollars from Marsh & McLennan Insurance to A.I.G in the moments between the 1st & 2nd WTC Towers coming down on 9/11. All trace of the funds were lost in the attacks.

It is suspected that the name ‘Silverstream’ was derived as a form of guanxi from the name ‘Silverstein’, who is Larry Silverstein that took out an unusually large terror attack insurance policy on the WTC complex shortly before the Towers came down, indicating potential insider & prior knowledge of the attacks (Similar behaviour to J.P. Morgan & the Titanic fraud).

Blockstream Corporation Inc. is listed as ‘Active’ and a ‘For Profit’ Company. It is highly likely the embodiment of the Deep State’s Technical Team.

What Can Bitcoin Do?

The Bitcoin network is a completely commoditised network with no central point of authority or control. Therefore the only way to access & use the network is through micropayments in Bitcoin. A micropayment is attached to every data upload, which is what incentivises Bitcoin miners to process the upload in order to receive the payment in Bitcoin. This means the value of the Bitcoin token is derived from the utility of its network.

The token allows access to its network via its use as a payment method. So, the more the network can do in terms of complex transactions, smart contracts, financial transactions, derivatives trading, stock market data records, tokenisation of assets, storage for all forms of social media (video services, communications, streaming, music, email, conference calls etc), & the more volume capacity it has, the more valuable the token becomes.

However, Blockstream are intent on restricting the use of their “SegWit” BTC network meaning the less it can do the more they’ll make from charging for their own privately provided network access services such as “2nd Layer Solutions”. The limiting of BTC also opens up a market for other blockchain tokens offering creative remedies for other digital solutions.

For everything that BTC can’t do there is another centrally controlled system & coin/token promoting that it can. This has culminated in the creation of a $2.5Tr Crypto-currency market industry (with the entire market made up of economically worthless, illegal, unregistered security offerings) all developed on the premise that Bitcoin can’t do anything. The fact is that Bitcoin can do EVERYTHING the current internet can do, but by many factors of times faster & more efficiently, & with the added bonus of not being susceptible to cyber security hacks or virus software, & not having any central point of failure so data cannot be cracked, hacked, altered, changed or deleted.

Tokenisation Of Assets

Assets can only ever be tokenised on a commoditised digital network because a commoditised digital network is the ONLY way to secure data, to ensure there is no central point of authority, control or failure. Therefore true tokenised owner rights can only be granted on the genuine Bitcoin network since its protocol is the only way to ensure data integrity and show a provable a chain of custody. With unbounded scale capacity the Bitcoin network can tokenise anything & everything down to each & every last grain of sand on this earth, to the stars in the universe and beyond. The potential is ‘unbounded’.

Private Media

The ability for people to communicate peer-to-peer will undoubtedly see the development of an entirely new industry. Rather than “Social Media” the Bitcoin network will allow the development of “Private Media”, where for the first time people can not only communicate privately but also act in commerce in private without government over-reach into their private lives & affairs.

This will create the ability for Private Trusts & Associations to functions correctly within their terms & conditions, be private when required & public if needed. Due to the chain of digital signatures, peoples private affairs that cause no harm injury or loss will be ignored, whereas it will shine a light on any socially destructive behaviour and provide the tools to quickly stamp out undesirable activities such as child trafficking et al.

"On a system like the Bitcoin network people will not be interested in what others do in their private lives, they will only be interested in criminal activity that is having a detrimental effect on everyone's lives." - SirToshi May 18th, 2026.

How Bitcoin Was Built

Satoshi Nakamoto officially released the publicised version of the Bitcoin White Paper on 31st October 2008 to provide a “common opportunity” to anyone & everyone to start the network themselves. All the information anyone needed to start the network was within the Paper itself.

After providing the common opportunity Satoshi Nakamoto then started the network himself on 3rd January 2009 under a pseudonym. He is confirmed to have mined at least the first 70 Bitcoin blocks before Hal Finney downloaded the Bitcoin software and join the network. Hal confirmed in a statement on March 19th, 2013: “I mined block 70-something”.

Satoshi initially designed Bitcoin with a memory pool that was more than capable of absorbing all the worlds financial transaction. If the global financial services industry had integrity about its mission to provide genuine financial services to the world, it should have recognised and adopted this technology for the use of all digital, financial transactions. The fact that they didn’t, and instead attempted to restrict the use of this technology speaks volumes.

The neutral organic growth phase of the Bitcoin network was scheduled to come to an end on January 1st, 2020, when the 1,100,111 Bitcoin that Satoshi placed in a Trust (registered in the Seychelles on June 9th, 2011), were scheduled to be returned to him to prove his true identity.

It was only after the coins had been returned that he could set about scaling the Bitcoin network to absorb all the worlds internet traffic. This has been done by doing away with the scaling restrictions of a memory pool design and creating a subtree structure using overlays for indexing. A subtree structure enables multiple data transactions to uploaded and recorded simultaneously, at the same time, rather than in single file, as was previously designed with the use of the memory pool. A block is still created every 10 minutes it’s just the volume capacity and data processing speeds of the network are now of an unbounded nature.

Teranode

The “Unbounded Scaling Problem”, or, “Horizontal Scaling Problem” is an issue that plagues the entire tech industry. The problem is in relation to scaling a software program to deal with the capacity of its users. Vertical scaling is where resources are allocated to new & improved, more costly technology that can simply handle more volume capacity, but this is limited to advances in technology. The cost to scaling vertically increases exponentially once requirements get to the levels of requiring, for example, a super computer.

The Unbounded or Horizonal scaling method involves replicating software onto new devices, and adding new machines when required as the user base of the software program grows. The problem with this method is that every time software is replicated the duplicate is not quite as perfect as the previous one, which again causes limitations. This is why there has been no software program capable of processing more than 50,000 - 60,000 Transactions Per Second (TPS), & also explains why the worlds financial system doesn’t have a One World Currency at the moment, because there is no software program that could process the volume of transactions that would be required for such a technology.

However, the Bitcoin scaling technology “Teranode” (a node that can process Terabytes of data) has solved this unbounded scaling problem. By developing new software in combination with a Proof Of Work (P.O.W) consensus mechanism, Bitcoin miners are economically incentivised to keep pace with advances in technology and continually upgrade their payment processing operations to make them ever more efficient.

“Bitcoin is the foundation layer of all future digital technology, secured & underpinned by economic principles.” - SirToshi June 9th, 2022.

Results/ Potential Solutions

“You will not find a solution to political problems in cryptography.” — Satoshi Nakamoto, November 6th, 2008

Although the above statement is true because cryptography is simply about hiding information behind layers of magnitude, you will find a solution to political problems within economics!

By using a money that is fixed in supply a criminal element in society will not be able to enrich itself at the expense of others and also not be able to simply bribe whoever they choose. Without the ability to create and inflate economic power from nothing, value would have to be earned. This point also means that all wars stop because they become expensive & extremely costly, as opposed to profitable. It would be impossible to return/recoup more of something that is fixed in supply after it had been distributed as a means of payment to finance a war.

If economic power is being used for nefarious purposes, as unlimited power usually is because “absolute power corrupts absolutely,” then the inflated economically toxic MoE would start to flow into the economically positive MoE, thereby enabling a transfer of economic power. If the new economy ran on the demand for data integrity, it means that politicians can be held accountable and shown to be either provably honest or not.

Judges & other people in position of authority & power can also be held accountable in the same way since the data they produce can be verified. It will show, prove & verify corruption and trace any chain of command back to its source, which will root out corruption that is attempting to hide behind corporate veils and opaque facades.

Mechanism’s such as voting would not be able to be tampered with, along with recorded results for things such as medical trials etc. News media would also not be able to be censored, and could be shown to be either provably true or false.

Altogether the positive benefits to society are limitless as people will start acting in consideration for one another’s best interests rather than their own.

The Central Bankers can either choose to remain in their own toxic economy, which will shrink to ZERO, or they can join the Bitcoin economy that grows continuously. When they do enter the Bitcoin economy they will be force to act with honesty & integrity because their actions are permanently recorded on a common, private ledger. They’ll be forced to adapt and eventually have to issue their own fiat currency on the Bitcoin network. That is unless we (the people) get in their first and start to issue usury free credit notes like the Bradbury Pound, or credit notes for labour in the same way Hitler did to turn the Germany economy around after WW1.

Two successful stable coin projects already live on the genuine Bitcoin network are…
$ USD: Backed stable coin $MNEE
KRW: South Korean Won backed stable coin KRWQ

Ultimately the transition to a genuine Bitcoin economy takes everyone into the private, out from under the control of totalitarian regimes & into an economically positive economy.

“People will flood into the positive Bitcoin economy to escape the negative effects of the Central Bank controlled Fiat economy. Therefore the Central Bankers will not have to agree to get out of the way. People will push them out of the way.“ - SirToshi May 18th, 2026

People Will Unite Due To Economic Incentive

The current woke narrative is “Diversity is our strength”, but in reality “United we stand. Divided we fall” and in order to create division in society diversity must first of all be encouraged.

In western societal structure the Law is impotent without Political Will. Political Will is ineffective without Economic Power & Economic Power requires the Law for it to be maintained, so all three compliment one another. However, all legal & political influence stem from economic power, which means if the financial system is corrupt EVERYTHNG is corrupt. So, the solution is to unite the people in a positive economy. In other words FIX THE MONEY, FIX EVERYTHING.

Appendix A

Historical Comments & Consequences Concerning Money & Central Banks By Notable People.

Nathan Mayer Rothschild, British/German banker, businessman and financier (16 September 1777–28 July 1836)
“I care not what puppet is placed upon the throne of England to rule the Empire on which the sun never sets. The man who controls Britain’s money supply controls the British Empire, and I control the British money supply.”

Andrew Jackson (7th U.S President March 4, 1829 — March 4, 1837)
“The bank is trying to kill me… but I will kill it!”.
Assassination attempts: 1x (Unsuccessful)

Abraham Lincoln (16th U.S President March 4, 1861 — April 15, 1865)
“At this time I face two great enemies — the Confederate Army in front of me, and the banks behind me. Of the two, the one at my rear is my greatest enemy”
Assassination attempts: 2x (Successful)

James Garfield (20th U.S President March 4 — September 19, 1881)
“Whomever controls the volume of money in any given country is the absolute master of industry and commerce.”
Assassination attempts: 1x (Successful)

William McKinley (25th U.S President March 4, 1897 — September 14, 1901)
“Our currency should continue under the supervision of Government. The several forms of our paper money offer, in my judgement, a constant embarrassment to our government and safe balance in the Treasury.”
Assassination attempts: 1x (Successful)

Teddy Roosevelt (26th U.S President September 14, 1901 — March 4, 1909)
“Issue of currency should be lodged with the government and be protected from domination by Wall Street. We are opposed to provisions which would place our currency and credit system in private hands.”
Assassination attempts: 1x (Unsuccessful)

Woodrow Wilson (28th U.S President March 4, 1913 — March 4, 1921)
“Some of the biggest men in the United States, in the field of commerce and manufacture, are afraid of something. They know that there is a power somewhere so organized, so subtle, so watchful, so interlocked, so complete, so pervasive, that they better not speak above their breath when they speak in condemnation of it.”

Huey Long (U.S Senator January 25, 1932 — September 10, 1935)
Action: Rallied against inflation caused by the Federal Reserve.
Assassination attempts: 1x (Successful)

Louis McFadden (U.S Chairman of the Committee on Banking and Currency June 7, 1920 — March 4, 1931)
Action: Accused the Federal Reserve of High Treason for triggering the Great Depression
Death suspicious “Heart Attack” after a banquette

John F. Kennedy (35th U.S President January 20, 1961 — November 22, 1963)
“In the country there is a plot to enslave every man, woman, and child. Before I leave this high and noble office, I intend to expose it.”
Assassination attempts: 1x (Successful)

Larry McDonald (U.S. House of Representatives January 3, 1975 — September 1, 1983)
Actions: Critical of the Global Banking Cartel
Death “Plane crash” after Korean Airways flew into Soviet airspace.

Thomas Sankara (1st President of Burkina Faso 4 August 1983–15 October 1987)
Actions: Rejected World Bank & IMF loans
Assassination attempts: 1x (Successful)

Action: 9/11 Attacks
Result: Western Controlled Central Banks installed in Afghanistan & Iraq

Muammar Gaddafi (Ruler of Libya 2 March 1979–20 October 2011)
Action: Proposed a gold backed African Dinar to replace the $USD.
Assassination attempts: 1x (Successful)

Henry Ford: Business Magnate (1863–1947)
“It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.”

John Jacob Astor IV, Business Magnate (1864–1912)
Action: Opposed a Central Bank. Died onboard Titanic April 15th, 1912.
Benjamin Guggenheim, Business Magnate (1865–1912)
Action: Opposed a Central Bank. Died onboard Titanic April 15th, 1912.
Isidor Straus, Business Magnate (1894–1912)
Action: Opposed a Central Bank. Died onboard Titanic April 15th, 1912.

Friedrich Hayek Austrian economist and philosopher (8 May 1899–23 March 1992)
“I don’t believe we shall ever have good money again before we take it out of the hands of government. We can’t take it violently. All we can do is by some sly, roundabout way introduce something they can’t stop.” — Friedrich Hayek, 1st May 1984.

Milton Friedman American economist and statistician (July 31, 1912 — November 16, 2006)
“The Federal Reserve definitely caused the Great Depression by contracting the amount of currency in circulation by 1/3rd from 1929 to 1933.” — Milton Freedman, January 1996

Henry A. Kissinger. (56th U.S Secretary of State September 22, 1973 — January 20, 1977)
“Who controls the food supply controls the people; who controls the energy can control whole continents; who controls money can control the world.”

Appendix B

How We Know Adam Back Is Not Satoshi Nakamoto.

20th Aug 2008 — Satoshi Nakamoto emailed Adam Back wanting to “make sure” that he had “the citation right” for referencing Adam Back’s work on his Hashcash paper.
If Adam Back was Satoshi Nakamoto he wouldn’t need to pretend to email himself and make sure was was citing himself correctly for his own work.

21st Aug 2008 — Adam Back, via email, informed Satoshi Nakamoto about about Wei Dai’s B-money paper for citation in the Bitcoin White paper.
In the email exchange Adam wrote to Satoshi Nakamoto (a.k.a Dr Craig Wright): “You maybe aware of the “B-money” proposal, I guess google can find it for you, by Wei Dai which sounds to be somewhat related to your paper.”

Satoshi Nakamoto then responds: “Thanks, I wasn’t aware of the b-money page, but my ideas starts from exactly that point. I’ll e-mail him to confirm the year of publication so I can credit him.”

Since this email exchange was prior to the official release of the Bitcoin White Paper on 31st October 2008, there was no need for Adam Back to be emailing himself, or pretending to not know about Wei Dai’s B-money proposal.

24th Aug 2017 — Adam Back, Co-Founder & CEO of Blockstream, broke the chain of digital signatures in their newly created, central controlled, SegWit protocol. In section ‘2. Transactions’ of the Bitcoin White Paper Satoshi Nakamoto wrote “We define an electronic coin as a chain of digital signatures.” If he was Satoshi Nakamoto, by breaking the chain of digital signatures, Adam Back would be directly contradicting his own definition of what a Bitcoin is.

21st Feb 2024 — On day 11 of the “COPA Case”, under cross examination, Adam Back admitted that “Bitcoin” (BTC) no longer follows the Bitcoin protocol or its white paper.

He also said “Satoshi did not understand Bitcoin. He was wrong” and went on to claim that he was not aware of the difference between Blockstream’s SegWit protocol, their 2nd Layer Lightning Network solution, & Craig Wright’s Bitcoin scaling technology.

24th April 2024 — According to Adam Back there is no need to follow the longest chain to know which is the valid one, when the only technical validation you require is the market price.

The above statement by Adam Back directly contradicts Satoshi Nakamoto’s own statement on 9th November 2008 when he said: “It is strictly necessary that the longest chain is always considered the valid one.”

Appendix C

How We Know Wei Dai Is Not Satoshi Nakamoto.

22nd August 2008, 4:38pm AEDT — Satoshi Nakamoto using the email address ‘satoshi(@)anonymousspeech.com’ emailed Wei Dai <weidai(@)ibiblio.org> asking for correct citation details to reference his work on bmoney in the Bitcoin White Paper.

In the email Satoshi informs Wei Dai that he was only made aware of his work on bmoney after Adam Back pointed him to his work when noticing similarities between the two. Satoshi Nakamoto needed to find out the year of publication of Wei Dai’s b-money page for citation in the Bitcoin White Paper. Satoshi then provided an example of what the citation would look like with a ‘?’ after the date and provided a link for the pre-release draft.

Satoshi informed Wei Dai that the title of his pre-release publication paper would be “Title: Electronic Cash Without a Trusted Third Party”. The sentence structure: “a purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without… going through a…” within the message to Wei Dai plagiarised Dr Craig Wright’s work from a paper he had written for Northumbria University on page 7, published 30th Oct 2007.

If Wei Dai was Satoshi Nakamoto he would not need to email himself requesting information on how to cite his own work. He would also have had to irresponsibly hand over the emails & log in credentials to Dr Craig Wright for both the ‘satoshi(@)Vistomail.com’ email account & AnoymousSpeech.com profile, & plagiarised Dr Wright’s work for Northumbria University in 2007. The above is proof, beyond a reasonable doubt that Wei Dai is not Satoshi Nakamoto.

Appendix D

How We Know Nick Szabo Is Not Satoshi Nakamoto.

Wei Dai & Nick Szabo had worked together previously. When Wei Dai was ask why he was sure that Nick Szabo wasn’t Satoshi he replied: “Two reason. One: in Satoshi’s early emails to me he was apparently unaware of Nick Szabo’s ideas and talks about how Bitcoin ‘expands on your (Wei Dai’s) ideas into a complete working system, it achieves nearly all the goals you set out to solve in your b-money paper. I can’t see why, if Nick was Satoshi, he would say things like that to me in private.” The above is a first hand testimony from a primary source that Nick Szabo is not Satoshi.

29th October 2015 — At the Bitcoin Investor Conference, Las Vegas, Nevada, on stage while engaging in dialogue with Dr Craig Wright, Nick Szabo admitted that he’d never heard the opinion that Bitcoin script was Turing Complete and didn’t believe it was accurate. Dr Wright then explained to Nick Szabo that Bitcoin script was Turing Complete via the use of control loops within the Forth Programming Language & that there was a “…rather rich instruction set within Bitcoin… It’s just going to take time for people to understand it.”

This level of ignorance regarding the true capabilities of Bitcoin proves that Nick Szabo is not Satoshi Nakamoto.

Appendix E

How We Know Hal Finney Is Not Satoshi Nakamoto.

There are numerous confirmed emails exchanged between Hal Finney & Satoshi Nakamoto.

2009.Jan.8th — Satoshi Nakamoto informed Hal Finney that Bitcoin v0.1 was released with EXE and that the full source code was up on Sourceforge with “notes & screenshots.”

Even more conclusively Hal was running a 10-mile race in Santa Barbara, California, on Saturday, April 18th, 2009. According to the race data, Finney competed in the “Santa Barbara Running Company Chardonnay 10 Miler & 5K”, starting at 8:00 am Pacific Standard Time and finished the race 78 minutes later at 9:18am (PST). This race coincides with timestamped emails between Satoshi Nakamoto and one of Bitcoin’s first developers (Mike Hearn). The data shows that Satoshi Nakamoto sent an email to Mike Hearn at 6:16pm CEST (9:16am PST), which is 2 minutes before Hal Finney crossed the finish line. This shows Hal Finney was still running in the race when Satoshi Nakamoto sent the email to Mike Hearn.

2010.Jul.15 — While in three way communication with Satoshi Nakamoto & Ray Dillinger, Hal Finney would persuade Satoshi Nakamoto to install a 1MB block cap…
“The limit was originally Hal Finney’s idea. Both Satoshi and I objected that it wouldn’t scale at 1MB.” — Ray Dillinger

2010.Dec.30 — After persuading Satoshi Nakamoto to install a 1MB block cap Hal would go on to proclaim that “Bitcoin itself cannot scale…” and that “There needs to be a secondary level of payment systems”… The information provided by Hal Finney is false & contradicts what Satoshi told Mike Hearn in an earlier on 12th April 2009…

2009.Apr.12 — Satoshi Nakamoto, in an email to Mike Hearn, wrote: “There is only one global chain. The existing Visa credit card network processes about 15 million Internet purchases per day worldwide. Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost. It never really hits a scale ceiling.”

2013.Mar.19 — Hal wrote a blog called “Bitcoin and me (Hal Finney)”. Within the 5th paragraph Hal wrote: “When Satoshi announced the first release of the software, I grabbed it right away. I think I was the first person besides Satoshi to run bitcoin. I mined block 70-something, and I was the recipient of the first bitcoin transaction, when Satoshi sent ten coins to me as a test.”

Since Hal was the first person besides Satoshi to run bitcoin and he mined block “70-something” it means that only Satoshi was mining Bitcoin prior to that point.

Appendix F

How We Know Len Sassaman Is Not Satoshi Nakamoto.

Leonard Harris Sassaman (born April 9th, 1980) died July 3rd, 2011, age 31yrs.

Satoshi Nakamoto famously posted out on the P2P foundation chat: “I am not Dorian Nakamoto.” on May 7th, 2014, which is almost 3yrs after Len Sassaman passed away.

Prior to this post on May 7th, 2014 one of the last communication from Satoshi Nakamoto was in a private email to Bitcoin developer Mike Hearn on April 23rd, 2011 where he stated: “I’ve moved on to other things. It’s in good hands with Gavin and everyone.” This message indicates that Satoshi was leaving Bitcoin behind & entrusting the project to Gavin Andresen.

Additionally & according to Len’s widow Meredith L. Patterson, Len was an Apple Macintosh user and did not code in C++…

“1. Len was a Mac user. He used FileVault. I do not know what his password was. No matter how much you want to know whether he was Satoshi, it is impossible for me to access his laptop or any files on it. That door is closed.” — Meredith L. Patterson, Jan 17th, 2022

“3. In seven years I never once saw Len use a Windows box for anything, not even at my parents’ house. We did not own any Windows machines at all. Neither of us knew the Windows API. He also didn’t speak C++.” — Meredith L. Patterson, Jan 17th, 2022

Satoshi developed Bitcoin using a Windows PC. It’s perhaps an unusual choice for someone so concerned with infosec and privacy — Linux lends itself more naturally to these pursuits. This might also further support the idea that Satoshi wasn’t a professional coder.
This detail of his choice of operating system adds another small piece to the overall puzzle of Satoshi’s profile.

Satoshi was so unfamiliar with Macintosh that he required community member Laszlo Hanyecz to port Bitcoin over onto Mac.