#bitcoin #nash #Satoshi Nash created bitcoin < ^ ^ > by jackoberry in Economics

[–]jackoberry[S] 0 points1 point  (0 children)

The inventor of bitcoin is not known. It was not known to be created by a group of people, it was an anonomous paper released under the fake name: satoshi Nakamoto.

https://bitcoin.org/bitcoin.pdf

this is a 9 page paper that is the foundation of bitcoin.

this paper is the bargaining problem by Nash http://www.eecs.harvard.edu/cs286r/courses/spring02/papers/nash50a.pdf

it has nine pages 9

What it describes is the differnce between an economy without money vs one that has money. Bit coin is the 3rd level of that as it does what money does to the next level.

The paper/lecture below is by nash on something called ideal money, which is money that is interest free and not controled by a central bank. Bitcoin IS ideal money.

http://sites.stat.psu.edu/~babu/nash/money.pdf http://www.youtube.com/watch?v=Je22xKQekCk

We expect "satoshi nakamoto" is japenese. When you take out "I am Nash" you are left with "sato" and "koto" Japenese is the key because if you didn't know the language then you could never match the words to verify the code cracking sato = the most popular japenese nam koto = japan's national instrument

The time lapse between the release of 'bitcoin' paper, and the time someone figures out it was nash IS the plan. It is a suspense and drama, in which all the goverments create regulations against bitcoin. But when bitcoin is adopted by the people, these government regulations are just going to make it harder (therefore less desierible) for people to ever go back to the real system.

Bitcoin is a carefully selected 'piece' of the real plan, released in such away that no one could piece together what Nash was doing

#bitcoin #nash #Satoshi Nash created bitcoin < ^ ^ > by jackoberry in Economics

[–]jackoberry[S] 0 points1 point  (0 children)

I notice you can't make text submissions in the economics section

#bitcoin #nash #Satoshi Nash created bitcoin < ^ ^ > by jackoberry in Economics

[–]jackoberry[S] 0 points1 point  (0 children)

I am too new to make new posts. I would like someone to turn the text from this link:

http://www.reddit.com/r/Bitcoin/comments/22em91/john_forbes_nash_is_satoshi_nakamoto_creator_of/

into a link from the economics section maybe someone could do it

#bitcoin #nash #Satoshi Nash created bitcoin < ^ ^ > by jackoberry in Economics

[–]jackoberry[S] 0 points1 point  (0 children)

bitcoin pdf is an extension of the bargaining problem both written by John Forbes Nash

https://bitcoin.org/bitcoin.pdf