2016 361 The Satoshi affaire. Andrew O’Hagan 2016 SN Book
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Forwarded from 420 Gavin Andresen
"The question of how to
take bitcoin forward has been riven with opposing views, and after Satoshi disappeared there was no central authority to lead the discussion or calm the waters. By increments, the task fell to Gavin Andresen, a Princeton graduate with experience in Silicon Valley. Andresen only gradually accepted the role of lead core bitcoin developer. This is not an official designation and he appears to have got none of the thanks and all the flak, but by general consensus he is the most level-headed thinker in the bitcoin world. One insider said there was an irony in Andresen’s situation that few people realised. ‘The word is that Satoshi passed the torch to Gavin before he retired in 2011,’ he said. ‘In fact, it was more like Satoshi threw the torch at
Gavin and ran away leaving him holding it.’"

Pag. 37

The Satoshi afaire.
Andrew O’Hagan
30 June 2016

https://www.lrb.co.uk/v38/n13/andrew-ohagan/the-satoshi-affair
Forwarded from 330 Stefan Matthews - Wall (@RamonQuesada)
The proof session.

"There were long silences. ‘He was on the edge,’ MacGregor said. Matthews was practically holding his breath. He didn’t want to say too much out loud, so he texted MacGregor. The text said: ‘He should call Ramona.’ While MacGregor was out of the room Wright phoned his wife, and she said: ‘Do it.’ Everyone waited with bated breath as Wright used the new laptop to open the Satoshi wallet and set about signing a new message to Andresen. It failed. It wouldn’t verify. He tried it again and again, until Andresen remembered that Wright hadn’t typed ‘CSW’
at the end of the message the way he had in the original, the one he was seeking to verify.
When he put ‘CSW’ at the end of his message to Gavin it said: ‘Verified’. Wright had demonstrated, on a brand-new laptop, that he held Satoshi’s private key. They stood up and
shook hands and Gavin thanked him for all he had done. There were tears in Wright’s eyes.
‘His voice was breaking,’ MacGregor told me. ‘Gavin could see he was going though something.’ Both MacGregor and Matthews later said that Wright was turned inside out by the session. ‘I didn’t want to just put him in a taxi,’ MacGregor said. Andresen was wiped out, so he went to get some fish and chips, and then headed to bed. ‘Craig broke down,’ MacGregor told me. ‘He said he thought he’d never have to do this. He said he never knew how to trust people in his life.’ Wright and Matthews and MacGregor went off to find a bottle of wine. ‘He was semi-apologising for being a pain in the ass,’ MacGregor told me, ‘but I understood more than ever, at that point, how hard the whole thing was for him.’

Pag. 40

The Satoshi afaire.
Andrew O’Hagan
30 June 2016

(And in the Podcast)

https://www.lrb.co.uk/v38/n13/andrew-ohagan/the-satoshi-affair
Forwarded from CSW 310 nTrust nCrypt (@RamonQuesada)
‘I’ve got people mudslinging,’ Wright said. But that wasn’t true: he wasn’t feeling forced because of what people said. He felt forced, or obliged, to come out because he’d signed the deal with nCrypt in June 2015. And he deepened the lie when Cellan-Jones asked him why he hadn’t revealed himself before. ‘I liked to go to conferences, put out papers,’ he said. ‘I can’t do that now. I can never just be Craig again.’

.... the tax office pressure was the real pressure in his life, the thing that forced the outing. I said this later to the nCrypt guys and they agreed.

Pag. 44

The Satoshi afaire.
Andrew O’Hagan
30 June 2016

https://www.lrb.co.uk/v38/n13/andrew-ohagan/the-satoshi-affair
Forwarded from 2016 335 Robert MacGregor (@RamonQuesada)
"Rob removed his glasses. ‘The first meeting we had with him yesterday ended with: “You’re
fired. Buy a ticket to Sydney. You fucked us. Good luck with the ATO.”’

‘He didn’t sleep last night,’ Matthews said. ‘He looks fucking terrible.’

‘He risks destroying his entire reputation.’‘

His and ours,’ MacGregor said. ‘I’ve been taking meetings with investment bankers for the last two months. I’ve pulled every string I know to get meetings with Google and Uber. If he goes down in flames, I’ll go down with him. I mean, he’s fucked me. Millions of dollars out of my pocket, nine months out of my life. But what we have now is a very pliant Craig Wright. We’re going to drag this back from the brink.’

‘It’s a big task, Rob,’ I said.

‘We finally beat him to a pulp today. No more decisions. This is what we’re going to do,
because he knew the next move was pack your toothbrush and get on a plane and good luck in Australia.’ MacGregor told me he’d started Monday morning on an unbelievable high. ‘I can’t believe we kept all the puppies in the box this whole time,’ he’d thought to himself. ‘Nobody
broke embargo, holy shit this is going to work. And then …"

Pag. 51

The Satoshi afaire.
Andrew O’Hagan
30 June 2016

https://www.lrb.co.uk/v38/n13/andrew-ohagan/the-satoshi-affair
Forwarded from 420 Gavin Andresen
"The next day, Wednesday, 4 May, Matthews was at Wright’s house organising the movement of coin. The new (and final) proof session was intended to blow away the doubts created by the first. Many commentators felt it was too late, that Wright was beyond the pale, but
Matthews and MacGregor had agreed with Andresen that the movement of coin, to Andresen and also to Cellan-Jones at the BBC, would undo the damage. Wright spoke to Andresen on the phone from his house – Andresen was in New York – and told him he was worried about a security flaw in the early blockchain, a problem in the way those first blocks were constructed that would make it dangerous for him to move coin, exposing him to exploitation or theft. My sources say that Andresen understood the problem and confirmed that it was all right, it had been fixed. But Wright continued to worry and was showing great reluctance about offering the final proof. Then he left the room abruptly and didn’t come back".

Pag. 51
(And in the Podcast)

The Satoshi afaire.
Andrew O’Hagan
30 June 2016

https://www.lrb.co.uk/v38/n13/andrew-ohagan/the-satoshi-affair
"The next day, Craig sent me an email. It linked to an article headlined ‘UK Law Enforcement Sources Hint at Impending Craig Wright Arrest’. The article suggested that the father of bitcoin might be liable, under the Terrorism Act, for the actions of people who used bitcoin to buy weapons. Under the link, Wright had written an explanation: ‘I walk from 1 billion or I go to jail. I never wanted to be out, but if I prove it, they destroy me and my family. I am the source of terrorist funds as bitcoin creator or I am a fraud to the world. At least a fraud is able to see his family. There is nothing I can do.’".

Pag. 52

The Satoshi afaire.
Andrew O’Hagan
30 June 2016

https://www.lrb.co.uk/v38/n13/andrew-ohagan/the-satoshi-affair
Forwarded from CSW. 301 Dave Kleiman & Craig Tulip Trading Trust (@RamonQuesada)
They spoke about moneymaking ventures Wright was involved in a long time ago. Wright alleged Matthews knew about these activities, which was true, because Matthews had mentioned them to me.‘I just couldn’t do things anymore,’ he said. ‘That’s all.’

They wanted to talk about the trust, but they didn’t really explain it. He said it was to hide the bitcoin. ‘It’s not meant to be spent,’ he said. ‘Too many problems.’

‘It’s also a guarantee that you can’t flood the market,’ Ramona said. ‘That we can’t use it to pay the bills, no matter how desperate things get.’ When I asked who the trustees were they went quiet."

Pag. 53

The Satoshi afaire.
Andrew O’Hagan
30 June 2016

https://www.lrb.co.uk/v38/n13/andrew-ohagan/the-satoshi-affair
Forwarded from 401 Ian Grigg (@RamonQuesada)
"... Craig talked about Ian Grigg and others who’d ‘outed’ him last year by nominating him for various awards. Satoshi was nominated for a Nobel Prize and a Turing Prize. Wright told me that people in the bitcoin community wanted him to come out and receive recognition. He said it had never been in his interest to come out, but in other people’s interest. ‘I don’t care if people like my work,’ he said. ‘I just have to do my work. That’s the only thing that’ll keep me sane.’ ‘I would like that his reputation."

Pag. 54

The Satoshi afaire.
Andrew O’Hagan
30 June 2016

https://www.lrb.co.uk/v38/n13/andrew-ohagan/the-satoshi-affair
Forwarded from CSW 303 Prometheus SN (@RamonQuesada)
"...‘It would be the best one in human history,’ Craig said. ‘It’d be Ronnie Biggs on steroids times a million. I invented a new form of money. Who has ever had anything to do with money that wasn’t to do with government? Who has ever really succeeded?’

‘You mean it’s a thankless task?’

‘It’s always Prometheus,’ he said. ."

Pag. 55

The Satoshi afaire.
Andrew O’Hagan
30 June 2016

https://www.lrb.co.uk/v38/n13/andrew-ohagan/the-satoshi-affair
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