Man called Bitcoin's father denies ties, leads LA car chase

Comments (63)
bill.bradskey wrote:

These so called “reporters” should be ashamed.

Mar 06, 2014 8:10pm EST  --  Report as abuse
sellsellsell wrote:

I’m Satoshi Nakamoto. You have the wrong guy!

Mar 06, 2014 8:30pm EST  --  Report as abuse

Leave the man alone.
Or, just keep giving him free lunches.

Mar 06, 2014 8:36pm EST  --  Report as abuse
daedilus wrote:

It was always a scam for the weak minded.

What’s the mystery?

Mar 06, 2014 8:38pm EST  --  Report as abuse
TopTheNews wrote:

It is interesting that he had/has quite a bit of experience with classified government projects…Things aren’t adding up.

www.TopTheNews.com

Mar 06, 2014 8:40pm EST  --  Report as abuse
dave70 wrote:

The media salivates like dogs wanting to know about Bitcoin but doesn’t care in the least about 4 dead Americans in Benghazi.

Mar 06, 2014 9:00pm EST  --  Report as abuse
Fromkin wrote:

For sale Bitcoins with imaginary book value of 1,000,000 dollars and estimated virtual market value of 1 billion dollars. I am selling below imaginary book value at 500,000 dollars. Anyone interested please contact me at my virtual tel: 1.800.Bitcoins. I only accept US Federal reserve notes.

Mar 06, 2014 9:10pm EST  --  Report as abuse

Mr. Bitcoin is a bit coy.

Mar 06, 2014 9:20pm EST  --  Report as abuse
Babyfacemagee wrote:

Leave the guy alone. These parasite reporters will hound him so much that he’ll off himself from the stress and sudden celebrity. If I were him I’d change my name and move to an island somewhere with a tall gate surrounding my house so nobody could bother me. He’s got the $ to do it.

Mar 06, 2014 9:24pm EST  --  Report as abuse
raffaro wrote:

Soon the Bitcoin will be known as Two-Bitcoin?

Mar 06, 2014 9:28pm EST  --  Report as abuse
bretthall wrote:

“turned over to other people” ? How does that work. I thought Bitcoin wasn’t supposed to be “regulated” by anyone…

Mar 06, 2014 9:28pm EST  --  Report as abuse
rbblum wrote:

Is it possible that there are more BitCoins in the US than there is gold ?

Mar 06, 2014 9:30pm EST  --  Report as abuse
Captcorona wrote:

97% of Federal Reserve Notes exist in digital form..How is Bit Coin any different than the Dollar, Euro, Sterling or Yen in that respect. People don’t really believe there is $60 Trillion is Cash Dollars (Or what ever the M1, M2, M3 Total is calculated at today).. Hell let’s just got w/ the well known Treasury Debt of $17 Trillion…How much of that do you think actually exist in cash and coin??? 10%? 20%?….Very doubtful.The Value of a medium of exchange comes from trust first, ease of exchange next and demand in the market place..Bit Coin meets all of these requirements plus the Bonus of Zero Central Government Control…Bit Coin is the CASH of the 21st Century Or at least is no different.

Mar 06, 2014 9:39pm EST  --  Report as abuse
1Psuche wrote:

I’m sure he is frightened as he doesn’t want the same fate to befall him as did Autumn Ratke, CEO of bitcoin exchange firm First Meta in Singapore who was recently “suicided”. The money changers know how to deal with competition…

Mar 06, 2014 9:51pm EST  --  Report as abuse

Hopefully all this mayhem will not spell the end of Bitcoin. The Fed could use some competition. According to an article on the truthorfinance site (google ‘truthorfinance bitcoin) the other bitcoin exchanges need to band together and form a self-regulatory body before the government regulators step in and screw it up. The article also talks about a self-funded insurance plan for bitcoin holders.

Mar 06, 2014 9:55pm EST  --  Report as abuse
stichean wrote:

Wish he would have turned around and just started to fire, carrying 100 loaded clips. G’damned media. I would have acquitted him on a jury, too.

Mar 06, 2014 10:02pm EST  --  Report as abuse
Obumma wrote:

I would hardly call Newsweek a reputable news source.

Mar 06, 2014 10:04pm EST  --  Report as abuse
DelroyMonjo wrote:

A scam larger than AlGore’es global warming hoax, maybe?

Mar 06, 2014 10:13pm EST  --  Report as abuse
StanSki wrote:

“Thou shall have no other gods before me”. The jewy American Dollar usury ponzi scheme must not be superseded by any other currency system. It seems that the gubmint and media (both owned by the jews)will go to any lengths to discredit and maybe even kill anyone who gets in their way. Break the grip – http://www.subvertednation.net/documents/basic-training-for-revolutionaries.pdf

Mar 06, 2014 10:18pm EST  --  Report as abuse
sailordude wrote:

Sounds like he got his free lunch. You bitcoin followers are insane.

Mar 06, 2014 10:21pm EST  --  Report as abuse
rockie5112 wrote:

He’s weird because he like model trains???? Well call me weird.

Mar 06, 2014 10:22pm EST  --  Report as abuse
rico31262 wrote:

Let him have his free lunch. What lunch truck takes bitcoin?

Mar 06, 2014 10:34pm EST  --  Report as abuse
voluntaryisms wrote:

Dear reporters: It’s not really a car chase if you’re the ones chasing him.

Mar 06, 2014 10:41pm EST  --  Report as abuse
PugPug wrote:

Who wouldn’t want to flee the leftist propaganda pedallers who claim to be ‘journalists’?

Mar 06, 2014 10:50pm EST  --  Report as abuse
bigleo2 wrote:

sailordude, it’s the media that’s insane. Plenty of bitcoin followers would be perfectly fine with the real Satoshi and that old man living in peace.

Mar 06, 2014 10:51pm EST  --  Report as abuse
HughGRection wrote:

BIT coin has has just BIT the DUST.

Mar 06, 2014 10:56pm EST  --  Report as abuse
joinamerica wrote:

So liking model trains is a “weird hobby”, but all the rest of this stuff is normal? And anyone else think that reporters increasingly resemble jackals?

Mar 06, 2014 11:01pm EST  --  Report as abuse

As a conservative with many libertarian sympathies, I am intrigued by bitcoin. I view it as a prototype for a secure virtual currency. But in terms of currency, it is still a fiat issuance little different than USD, EUR, or yen. ‘d like to see a virtual currency backed by something like gold or energy (units of petroleum, or joules/unit).

Then you’ll have something I can really sink my teeth into.

Mar 06, 2014 11:07pm EST  --  Report as abuse
Dump_Congress wrote:

So…where are all those Bitcoin defenders talking about how those who don’t “believe” just don’t understand? Bitcoin=bitcon; and now, the transformation: $hitcoin.

Mar 06, 2014 11:23pm EST  --  Report as abuse
darryl-l wrote:

Maybe he learned his lesson from John Corzine

Mar 07, 2014 12:14am EST  --  Report as abuse
buzzstar wrote:

Does anyone think it would be appropriate to publish the residence addresses of the Newsweak (sic) writers, story editor, and head editor? What are the odds that most were “journalism” majors, and most from Columbia?

Mar 07, 2014 12:58am EST  --  Report as abuse
bigfootdown wrote:

si op

Mar 07, 2014 1:05am EST  --  Report as abuse
whatisthat wrote:

So?

Mar 07, 2014 1:07am EST  --  Report as abuse
whatisthat wrote:

So?

Mar 07, 2014 1:07am EST  --  Report as abuse
whatisthat wrote:

So?

Mar 07, 2014 1:07am EST  --  Report as abuse
whatisthat wrote:

So?

Mar 07, 2014 1:07am EST  --  Report as abuse
Saber62 wrote:

Daedilus wrote
“It was always a scam for the weak minded”

I bought 2 coins at 100.00
Sold them for 1150.00 each
profit of 2100.00

I recently bought one for 390.00 when Mt Gox tanked the system and plan on sitting on this one. Even if it goes to zero, I still profited 1710.00 on a 200.00 investment all in less than 8 months.
Oh… and as I write this my recent 390.00 investment has already almost doubled in 3 weeks. Profit closer to 2400 in 8 months.
I could care less if this crypto currency goes to zero or not but I don”t believe it will.
Nice profit and one free coin
This feeble mind is content

Mar 07, 2014 1:13am EST  --  Report as abuse
Felince wrote:

Reliable information is coming out very recent that this guy has nothing to do with Bitcoin, according to CBS.

Mar 07, 2014 1:24am EST  --  Report as abuse
Taliesin1964 wrote:

It’s like Amway for the digital generation. A pyramid scheme. Moving on.

Mar 07, 2014 1:31am EST  --  Report as abuse
thirdman wrote:

Ambulance chasing journalism from Newsweek. How surprising.

Mar 07, 2014 1:39am EST  --  Report as abuse
hhtt wrote:

Aron Ranen and Brandon Lowrey cannot distinguish between emigrate and immigrate. How can we trust what they write and report? Where are the proof readers at Reuters?

Mar 07, 2014 1:51am EST  --  Report as abuse
BillOreilly wrote:

At a difficulty of 1 1,713,600 Bitcoins were mined. So $1,124,207,280 USD were mined by just a few people in a close nit group of less that 12 from 1/3/2009 to 1/25/2010. The Crypto Graphic Mailing list really wasn’t released to the public it was kept in close nit circles with the intentions of terrorizing a global economy and individuals in the future. Bitcoin is the WORST thing that has happen to society and with it still being made and used will be the utter downfall of society. This is not a good thing. Stay away from it.

Mar 07, 2014 3:16am EST  --  Report as abuse
Anajfan wrote:

What gives these idiots a right to harass this guy.

Mar 07, 2014 7:32am EST  --  Report as abuse
Bugzy wrote:

I have my own crypto-crappy-virtual coin called Ponzi coin! Who wants to buy? Wake up planet greed……you don’t need a dollar to buy a dollar so why use dollars to buy Ponzi coin (bitcoin). People should only earn bitcoin and not buy it.

Mar 07, 2014 7:41am EST  --  Report as abuse
Bennocio wrote:

What is a bitcoin?

Satoshi Nakamoto

Mar 07, 2014 7:51am EST  --  Report as abuse
njglea wrote:

I just don’t get the fascination with Bitcoin. Like Bernie Madoff’s “investment plan”, apparnently people think if they don’t understand something it must be a good thing? More proof that a fool and his/her money are soon parted.

Mar 07, 2014 7:56am EST  --  Report as abuse

With as many curses as the Internet has brought and all the potentialities for government power, there are also the blessings and opportunities.
The growing spectre of the surveillance state has little to do with terrorism. This is about control.We are on the cusp of a new digital age and in another 20 years much of our daily and social life will seem disconnected and recognizable from say, the Cold War years. It’s happening that fast.
The Elites are terrified of investigative journalism, exposure, and the revelation of corporate activities in the developing world. But they also tremble at the thought of alternative economies rising up to challenge the protocols and mechanisms they’ve established. Bitcoin and other such alternative ideas will be hunted and crushed. It’s not always going to make the news. Hosts of private contractors are labouring as we speak to wage cyber-warfare and destroy voices and systems of dissent.

Mar 07, 2014 8:07am EST  --  Report as abuse

With as many curses as the Internet has brought and all the potentialities for government power, there are also the blessings and opportunities.
The growing spectre of the surveillance state has little to do with terrorism. This is about control.We are on the cusp of a new digital age and in another 20 years much of our daily and social life will seem disconnected and recognizable from say, the Cold War years. It’s happening that fast.
The Elites are terrified of investigative journalism, exposure, and the revelation of corporate activities in the developing world. But they also tremble at the thought of alternative economies rising up to challenge the protocols and mechanisms they’ve established. Bitcoin and other such alternative ideas will be hunted and crushed. It’s not always going to make the news. Hosts of private contractors are labouring as we speak to wage cyber-warfare and destroy voices and systems of dissent.

Mar 07, 2014 8:07am EST  --  Report as abuse
Nick757 wrote:

It appears that these so called reporters were acting more like paparazzi out of control. Have they now become one in the same?

Mar 07, 2014 8:23am EST  --  Report as abuse
jpmct wrote:

So, please tell me how this is news?????

…or even remotely interesting???????

Mar 07, 2014 8:30am EST  --  Report as abuse
Maxxkatt1 wrote:

Yep, go ahead people (who are probably crooks wanting to hide their ill gotten gains) and trust it with other crooks. You got what you deserved. So funny.

Mar 07, 2014 9:28am EST  --  Report as abuse
Silenius wrote:

This dude is like Morpheus. The system agents will not stop until they get him.

Mar 07, 2014 9:38am EST  --  Report as abuse
kaboom_buhBye wrote:

Monopoly money. Period.

Mar 07, 2014 9:41am EST  --  Report as abuse
spiross wrote:

Is not him the real Satoshi post that he is not Dorina in P2P foundation account

http://p2pfoundation.ning.com/forum/topics/bitcoin-open-source?xg_source=activity

Dont spread news that is not real reuters!

Mar 07, 2014 9:41am EST  --  Report as abuse
topsykrets wrote:

All because one reporter went to his house and exposed him. The guy isn’t even involved with it any more and these bloodhounds are after him. Why don’t you reporters do your job and go after the corrupt obama administration . Do your god damn job!

Mar 07, 2014 9:46am EST  --  Report as abuse
koam wrote:

If this man isn’t the man you’re looking for, what right do you have to plaster him all over the media?

Mar 07, 2014 10:05am EST  --  Report as abuse
Redeye29464 wrote:

Funny how they are all intent on cracking the case on a “potential” developer but not about the 3/4 of a BILLION dollars that magically disappeared. Nor is the media interested in the cracking the scandals for Sanford and Corsine which was in the Billions.

Mar 07, 2014 10:27am EST  --  Report as abuse
Jameson4Lunch wrote:

With as well as the guy fits the profile, down to the eccentricities, I think it’s probably him. In conjunction with his initial statements, his history of doing classified and financial programming work, and his lack of dipping into ‘his’ fortune, it’s sounding like BTC was created by contract.

Mar 07, 2014 11:08am EST  --  Report as abuse
AlkalineState wrote:

Who cares if the guy created bitcoin. If he did, he’s smart. If he didn’t, then how annoying all of these bored ‘journalists’ are being. Leave the old dude alone. It doesn’t matter who started bitcoin, any more than it matters who hatched Amway.

Mar 07, 2014 11:31am EST  --  Report as abuse
Ernieball wrote:

I guess he’s going to have to get a visa from Russia and share a pad with Snowden

Mar 07, 2014 11:39am EST  --  Report as abuse
ahorvath wrote:

That is the difference between real money and virtual (pretend) money. When the crap hits the fan you know exactly who to go after.

Mar 07, 2014 11:51am EST  --  Report as abuse
ONTIME wrote:

Looks like the Bit Coin is nothing more than a conartist dream to steal and never be caught…sounds a lot like the Unaffordable HCA to me…Did anyone check to see if Barry had anything to do with Bit Coin?

Mar 07, 2014 12:51pm EST  --  Report as abuse

They will not leave him alone, no one but no one will be allowed to compete with the US$, if it means intimidation by so called connected gov. officials. This is just the beginning they will not allow Bitcoin to survive, sad but true.

Mar 07, 2014 3:01pm EST  --  Report as abuse
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