SatoshiVision explored

SatoshiVision explored: Scaling Bitcoin to global use!

Business needs & commercial applications, protocol stability, intellectual property, regulation & compliance.

It is the intent of the MoneyMuseum to form a group of dedicated bitcoin/blockchain enthusiasts for quarterly discussion rounds. We wish to explore this technology and its potential among the attendants such that they act as a catalyst.

Date Tuesday, Sept. 3, 2019, 18:00 to 21:00 (incl. apéro riche)

In this specific event we want to learn about the Satoshi Vision and challenge its potential to provide value to new and existing businesses. We would like to elaborate what is available and what still needs to be built. What could Bitcoin do for business?

Are the demands in Switzerland different from other places?

Speakers Craig S. Wright Martin Vinsome Daniel Diemers

Our panel is shown on the back side.

The event will be moderated by Bernhard Müller and Jürg Conzett. After an introduction, our guests will engage in a panel discussion which will be opened up to the audience.

MoneyMuseum, Hadlaubstrasse 106, 8006 Zürich, www.moneymuseum.com

Location Hadlaubstrasse 106, 8006 Zürich Interested? send an e-mail to conzett@conzett.com.

Limited space.

SatoshiVision explored: Scaling Bitcoin to global use!

Speakers

Craig S. Wright

Martin Vinsome

Daniel Diemers

has in the past been a researcher, IT security expert, founder, pastor, lecturer and lawyer. He has a registered US copyright claim on the Satoshi White Paper and early Bitcoin code. Today he is the Chief Scientist at nChain in London which is dedicated to add value to society by leveraging its own Bitcoin research and development. Dozens of patents have been granted to nChain and hundreds have been submitted in many countries worldwide. Craig – originally from Australia – is an eternal student currently working on two PhDs simultaneously.

is a partner at the leading UK IP law firm UDL. Martin has a background in physics and has a wide range of experience in cases involving electronics and mechanical engineering, electrical engineering, telecommunications, software and electronics. He has significant experience in handling oral proceedings at the European Patent Office where he also worked as examiner before joining UDL.

has a HSG Ph.D. in virtual communities with experience in research and authorship.

Today he works as a strategy consultant with PwC Strategy&, responsible for their blockchain consulting business in Europe, Middle East and Africa. He has also been an entrepreneur and angel investor for the past 20 years.

MoneyMuseum, Hadlaubstrasse 106, 8006 Zürich, www.moneymuseum.com

Interested? conzett@conzett.com

Minutes and Thoughts on SatoshiVision explored Dear Reader On September 3rd, 2019, we invited Craig Wright, Martin Vinsome (an expert on intellectual property) and Daniel Diemers to the MoneyMuseum to discuss the SatoshiVision - Scaling Bitcoin to global use. Below, you find a text by Craig Wright on his thoughts about bitcoin and the chossing of the pseudonym Nakamoto.

Satoshi; or, The Solution to Nakamoto’s Dilemma

By Craig Wright | 27 Sep 2019 Tominaga Nakamoto (1715–46) was a Japanese philosopher trained in the Osaka merchant academy called the Kaitokudō. His research and writings on metaphysics and cosmology in the study of nature described how the subjects were unreliable. He wrote on history, detailing how it would be the proper subject of study from which to gain insight into the present. Unlike many of his contemporaries, he challenged the view that language and text could serve as objective sources of data, maintaining that they could not be used in making universal statements. When taken in its cultural context, language is fluid and changes as people alter meanings of words.

He demonstrated how history was relative and fundamentally unreliable. The distortion in the written word over time became a central issue and area of study that Nakamoto used in his thesis that history was unstable. The constant change and variation to history is in effect an unchanging alteration to the protocol of how we as humans communicate. It is both language and the full meaning of words that we see change. Instability when coupled with human ambition and desire leads people to manipulate language. The making of myths can be seen in the Bitcoin white paper. People have argued that miners could make Seite 1/3

rules and lead us to a system without government, even though the white paper makes it clear that miners enforce the rules — the difficulty here being that an enforcer is not a creator.

Nakamoto delivered the thesis that true history was altered time and time again by those seeking to constitute what they saw was pure origin based on their own philosophy. The reconstruction through a series of overlays and changes leads to something radically different. The only stable part of history that Nakamoto noted was one of self-promotion and bragging. The one thing that never changes in human nature is the matter of contradictions and deceiving ways. But a system without the ability to change without a record of the change always leads to the truth. And a predicate can always be formed in a way that does not allow rhetorical dishonesty.

The writings of Nakamoto are rarely studied today, which they considered “the way of truthfulness”. He sought methods to create moral relationships and to endow trust amongst humans.

The name Satoshi signifies wise or intelligent history. The word and name simultaneously means clever or order, and implies a wise ancestry and a history that is connected. It is also the name of the Pokémon trainer, and has a few side connotations that I always loved. And it is also the name of one of the key characters in The House of Morgan. Primarily, it was always the juxtaposition that I liked.

Both Nakamoto and Sorai supported a common current of analysis affirming the Tokugawa system of government and rule. Known as hoken, the Tokugawa, whilst still a ward lordship, constructed a decentralised system of government.

He compared it to the imperial centralised regimes that existed in China. In particular, he criticised the disproportionately unforgiving and legalistic examination systems needed for a promotion within the Chinese government and its associated bureaucracy. It was his hypothesis that they stifled both intellectual life and the development within society across China at the time. He noted that it differed radically from many of the earlier periods of China, where a more decentralised governorship had led to growth and a profound expansion.

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Bitcoin is a system that creates an ordered and structured history, one where changes can occur; but within the system, if exchange occurs, the nature of the change is recorded. In Bitcoin, we have the answer to Nakamoto’s history and his dilemma and problem. Satoshi, the system of wise ancestry, is a system of blocks ordered throughout time. It is a system that records all the problems and mitigates them, because the answers are available to audit.

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Who is Satoshi Nakamoto?

In 2008, the world of finance changed forever with the publication of a White Paper: Bitcoin: A Peer to Peer Electronic Cash System.

Hard to believe, but bitcoin has been with us for a decade already. In that time, Satoshi Nakamoto, the pseudonymous author of the paper and creator of the bitcoin protocol, disappeared. In his absence, bitcoin underwent some drastic changes, resulting in hard forks in the code.

Now, Craig Wright steps forward to explain why he chose to use a pseudonym, why he left, and why he returned.

He outlines the issues facing bitcoin, and his plans for the future.