Today in Bitcoin History / @daily_btc_lore:
R to @daily_btc_lore: 2/8 - Dave Kleiman was a computer forensics expert and early Bitcoiner who died in April 2013. His brother Ira sued Wright, claiming the two mined 1.1 million BTC together from 2009-2011 and Wright stole Dave's share after his death. At 2019 prices, the claim was worth billions.
R to @daily_btc_lore: 2/8 - Dave Kleiman was a computer forensics expert and early Bitcoiner who died in April 2013. His brother Ira sued Wright, claiming the two mined 1.1 million BTC together from 2009-2011 and Wright stole Dave's share after his death. At 2019 prices, the claim was worth billions.
Today in Bitcoin History / @daily_btc_lore:
R to @daily_btc_lore: 3/8 - On the stand, Wright declared that Satoshi Nakamoto was "a character" he created when writing the whitepaper -- not a pseudonym, a fictional persona. He offered no cryptographic proof. Signing a message with Satoshi's private key, the simplest verification, remained undone.
R to @daily_btc_lore: 3/8 - On the stand, Wright declared that Satoshi Nakamoto was "a character" he created when writing the whitepaper -- not a pseudonym, a fictional persona. He offered no cryptographic proof. Signing a message with Satoshi's private key, the simplest verification, remained undone.
Today in Bitcoin History / @daily_btc_lore:
R to @daily_btc_lore: 4/8 - Wright's explanation for the missing Bitcoin: locked in the Tulip Trust, keys to be delivered by a bonded courier in 2020. The judge was unconvinced. Her response from the bench: "Apparently, dead men tell no tales, but they perhaps send bonded couriers."
R to @daily_btc_lore: 4/8 - Wright's explanation for the missing Bitcoin: locked in the Tulip Trust, keys to be delivered by a bonded courier in 2020. The judge was unconvinced. Her response from the bench: "Apparently, dead men tell no tales, but they perhaps send bonded couriers."
Today in Bitcoin History / @daily_btc_lore:
R to @daily_btc_lore: 5/8 - Kleiman's lawyers confronted Wright with a Deed he claimed was from 2012. Forensic analysis showed it contained fonts with 2015 copyright timestamps. When the lawyers raised it, Wright threw a printed copy at opposing counsel across the courtroom.
R to @daily_btc_lore: 5/8 - Kleiman's lawyers confronted Wright with a Deed he claimed was from 2012. Forensic analysis showed it contained fonts with 2015 copyright timestamps. When the lawyers raised it, Wright threw a printed copy at opposing counsel across the courtroom.
Today in Bitcoin History / @daily_btc_lore:
R to @daily_btc_lore: 6/8 - Cross-examination broke Wright. He cried multiple times -- while lamenting Bitcoin's use in child pornography and Silk Road. After testimony, witnesses said Wright crawled into his lawyer's arms and bawled. The hearing transcript ran to 239 pages of large print.
R to @daily_btc_lore: 6/8 - Cross-examination broke Wright. He cried multiple times -- while lamenting Bitcoin's use in child pornography and Silk Road. After testimony, witnesses said Wright crawled into his lawyer's arms and bawled. The hearing transcript ran to 239 pages of large print.
Today in Bitcoin History / @daily_btc_lore:
R to @daily_btc_lore: 7/8 - The court found compelling evidence of document forgery, noting "no evidence that anyone else had a motive to falsify them." Wright had violated discovery orders by failing to disclose his Bitcoin holdings. He was threatened with handcuffs for a courtroom outburst.
R to @daily_btc_lore: 7/8 - The court found compelling evidence of document forgery, noting "no evidence that anyone else had a motive to falsify them." Wright had violated discovery orders by failing to disclose his Bitcoin holdings. He was threatened with handcuffs for a courtroom outburst.
Today in Bitcoin History / @daily_btc_lore:
R to @daily_btc_lore: 8/8 - The full trial came in 2021. The jury found no partnership and awarded Wright no Bitcoin. Wright's claim to be Satoshi Nakamoto has never been proven in court or cryptographically. June 28, 2019 was the first day it was tested under oath. It did not hold up well.
R to @daily_btc_lore: 8/8 - The full trial came in 2021. The jury found no partnership and awarded Wright no Bitcoin. Wright's claim to be Satoshi Nakamoto has never been proven in court or cryptographically. June 28, 2019 was the first day it was tested under oath. It did not hold up well.
Joao Wedson
Supply in Profit has lost the trendline that historically served as support for price bottoms throughout Bitcoin’s history.
Supply in Profit has lost the trendline that historically served as support for price bottoms throughout Bitcoin’s history.
In Bitcoin We Trust Newsletter:
The UTXO Sniper: Shattering the KYC vs NO-KYC Illusion.
#UTXO@TutorialBTC
The UTXO Sniper: Shattering the KYC vs NO-KYC Illusion.
#UTXO@TutorialBTC
Substack
The UTXO Sniper: Shattering the KYC vs NO-KYC Illusion.
Why dogmatic maximalists are setting themselves up for disaster, and how to weaponize a dual-stack strategy for ultimate Bitcoin sovereignty.