Satoshi rightfully feared the same outcome as those behind libertycoin. The main guy was only just released from prison for trying to create a currency, a concept that seems comically quaint in 2021.
It's a bit surprising they were able to get the "too similar to existing coins" argument to stick given that I doubt the average person would confuse the coins with a quarter, and much more similar designs are pretty common on bullion.[1]
it's because they know at this point there are too many people who have adopted it. it is easier to screw over 1 person, but hundreds of millions of people, you may have some civil disobedience. but that's just a theory, change of administration probably plays a bigger role than that. old heads back then not understanding the idea behind crypto and feeling threatened because of it etc
Yeah, that's a hard no. Back reigned in Bitcoin so it couldn't compete with national currencies after receiving funding from AXA and others through blockstream. Wasn't remotely interested in the project before 2014, and holds views wildly at odds with Satoshi's.
Nick Szabo, Hal Finney and Martti Malmi, or some combination of those three.
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[ 1.4 ms ] story [ 40.7 ms ] threadhttps://archives.fbi.gov/archives/charlotte/press-releases/2...
[1]https://www.govmint.com/2-oz-silver-walking-liberty-tribute-...
Nick Szabo, Hal Finney and Martti Malmi, or some combination of those three.