Satoshi ↔ Martti Malmi Correspondence
Satoshi reviews Malmi's FAQ draft and warns against framing Bitcoin as an investment, stating 'we can't pitch it as that' - a historically significant stance on Bitcoin's positioning.
3 entries
Satoshi reviews Malmi's FAQ draft and warns against framing Bitcoin as an investment, stating 'we can't pitch it as that' - a historically significant stance on Bitcoin's positioning.
Wei Dai's comments on the LessWrong 'Making money with Bitcoin?' thread. He clarified that he did not create Bitcoin but 'only described a similar idea more than a decade ago' and that Satoshi independently reinvented the concept. He revealed purchasing a Radeon 5870 GPU for mining after this thread, and warned that 'not many other cryptographers have analyzed its security.'
Wei Dai's LessWrong post revealing that Satoshi Nakamoto emailed him personally in early 2009 announcing Bitcoin v0.1, but he ignored it because he 'was more interested in Less Wrong than Cypherpunks at that point.' He later started mining in 2011 after seeing a LW article, turning ~$300 into six figures.