I don't know how anyone could've read Andrew O'Hagann's "Th…

Twetch ·

I don't know how anyone could've read Andrew O'Hagann's "The Satoshi Affair" and not realized that rug-pulling was the business model.

https://www.lrb.co.uk/the-paper/v38/n13/andrew-o-hagan/the-satoshi-affair

cc @2956

Replies

Twetch ·

i need to read it thru

Twetch ·

Really makes you realize how much Craig's back was against the wall with the original nCrypt deal. How passionate he is about bitcoin. How much he exaggerated his claims about the Satoshi collective.

And how much he fucked over his partners in 2016.

Twetch ·

Read Phil's story at vu.hn too. Great combo.

One of the best parts is how scammers and MLM people bootstrapped the network more than techies and crypto people. lol.

Wild stories.

Twetch ·

👀

Twetch ·

TFW you realize they haven't learned shit from their attempt 5 years ago

Twetch ·

what do you refer to?

Twetch ·

After reading the Satoshi Affair and seeing their strategy they are running the same one today w/ slightly different narrative (ex. patents)

Twetch ·

i see

yeh the golden goose

Twetch ·

It's almost as if they said "The whole PR and proof thing didn't work, so let's drop that part completely and just focus on the patents."

Twetch ·

Interesting thing about Satoshi Affair is that CSW seems to hate it even though it offers one of the most plausible accounts for why he does what he does.

The author is clearly not a fan-boy, but also thinks it's likely he was part of the origin story.

Twetch ·

Generally I think it is very accurate- though I do think he sensationalized some things (ex Craig fleeing when he claims he was already in UK)

Timestamp where he says so in panel w/ Szabo, JVP in Oct2015

https://www.youtube.com/watch?v=LdvQTwjVmrE&t=122s