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John Carreyrou

๐Ÿ‘ค Speaker
360 total appearances

Appearances Over Time

Podcast Appearances

The Daily
Unmasking the Creator of Bitcoin

And before I could explain why I was bringing it up,

The Daily
Unmasking the Creator of Bitcoin

He interjects.

The Daily
Unmasking the Creator of Bitcoin

So I felt like he had slipped.

The Daily
Unmasking the Creator of Bitcoin

I felt like the mask had fallen for a few seconds and he had become Satoshi.

The Daily
Unmasking the Creator of Bitcoin

Well, not according to him because, of course, I emailed him about it, and he emailed me back saying, no, it wasn't a slip.

The Daily
Unmasking the Creator of Bitcoin

I was just responding to the general observation that people often make that technical people are sometimes better with code than with words.

The Daily
Unmasking the Creator of Bitcoin

And my reaction to that explanation was, what?

The Daily
Unmasking the Creator of Bitcoin

I wasn't talking about a general observation.

The Daily
Unmasking the Creator of Bitcoin

I was talking about a Satoshi quote, and I suspect that Bach knew that and that he was BSing me.

The Daily
Unmasking the Creator of Bitcoin

Well, that's a great question.

The Daily
Unmasking the Creator of Bitcoin

I'd say the biggest reason by far is the fact that Satoshi mined 1.1 million Bitcoins in Bitcoin's early days.

The Daily
Unmasking the Creator of Bitcoin

That's a fortune that at today's prices is worth somewhere between 70 and 80 billion dollars.

The Daily
Unmasking the Creator of Bitcoin

Whoa.

The Daily
Unmasking the Creator of Bitcoin

It would make him one of the richest people in the world, if I'm right, that Adam Back is Satoshi.

The Daily
Unmasking the Creator of Bitcoin

And if people know he's that rich and know that he holds that fortune in crypto as opposed to in a bank account, then that could easily make him a target of what's known in the industry as a wrench attack.

The Daily
Unmasking the Creator of Bitcoin

These attacks are when people kidnap people.

The Daily
Unmasking the Creator of Bitcoin

people who have a lot of crypto and extort them.

The Daily
Unmasking the Creator of Bitcoin

And there have been many in the past two years in Europe and the U.S.

The Daily
Unmasking the Creator of Bitcoin

And so there's real reason for him to fear that.

The Daily
Unmasking the Creator of Bitcoin

Right.