this post was submitted on 09 Feb 2024
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[–] [email protected] 48 points 9 months ago (17 children)

Whoever Satoshi was, I wonder how he's responding to the thought that he's personally contributed more to global warming than the average billionaire.

[–] [email protected] 12 points 9 months ago* (last edited 9 months ago) (2 children)

Satoshi is estimated to have wallets totaling as much as 1.1 million btc. That would make them the 26th richest person in the world.

If, Satoshi and the wallets actually still exist. Most of those wallets have been completely idle since they were mined

I imagine that “Satoshi’s Wallet” is the stuff of legends among cryptographic security researchers.

[–] [email protected] 3 points 9 months ago (1 children)

It's a bit more than just an estimate. If you want to know more, have a look here: https://bitslog.com/2013/04/17/the-well-deserved-fortune-of-satoshi-nakamoto/
The keys to the addresses exist. Whether someone is in control of them is unclear. It can't be proven that they've been lost.

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[–] [email protected] 10 points 9 months ago (1 children)

Probably not thinking about it on his yacht that he doesn’t pilot or maintain, having built the most successful grifter scheme of all time

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[–] [email protected] 27 points 9 months ago* (last edited 9 months ago) (8 children)

Ultimately, mining should be banned from the surface of Earth. Let miners build orbital solar panel infrastructure close to the Sun where power is plentiful. See Bitcoin developer Peter Todd's 2017-09-10 presentation on the subject (transcript).

Edit: Fixed URL. Edit2; Add transcript link.

[–] [email protected] 6 points 9 months ago (1 children)

Mineral resource mining as well

[–] [email protected] 2 points 9 months ago (6 children)

What year do you think we'll get the first product mined and manufacturered in space? And how about the first space grown food sold commercially?

I would guess 2040 and 2050 respectively, we'll have the automation tools to get started by 2030 with government science projects then a decade for it to mature into something a company can try to create a market with, probably something that can only be made in low gravity like solve form of novelty such as space glass spheres or a special use material.

I think food will be fast behind because people will pay a lot for it and there's already a lot of research into it for use in space based living facilities.

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[–] [email protected] 2 points 9 months ago

Here is an alternative Piped link(s):

Peter Todd's 2017-09-10 presentation on the subject

Piped is a privacy-respecting open-source alternative frontend to YouTube.

I'm open-source; check me out at GitHub.

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[–] [email protected] 26 points 9 months ago (3 children)

Destroying the environment and not even for real money

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