Replies (124)
This is so cool!!
Stoked to read more.
Thank you for what you did and do to spread liberty. God bless.
Quite insightful. Thank you for posting this.
I’m confused about something. You couldn’t have been discussing Ripple, the altcoin, in 2009 could you?? I thought that was created in 2016 or something.
I’m very excited for the new satoshi content that is coming out. Maybe we can train a satoshi fine tuned model with all these, pair it with an animated avatar and have a spokesperson.
amazing
Same. I get the vibes he was American.
Oh I misread your comment. I do feel he was from the states
Really interesting, a piece of history, thanks for sharing!
thanks for sharing 🙂
Fascinating!
I wonder what he meant by
> before backing the currency with fiat money can begin.
Before it has any value, before people hold it in favor of fiat.
We really do care about terminology now, and it's not precisely "backing," but that's how I've read it.
This is so good. Thank you 🧡
Neanderthals be like wait hodl on we invented arts and whatnot 🕊
But then , why The Times, a British newspaper? Fortuitous headline, best available on the day?
I remember xrp in 2014, I think (but not 100% certain) I remember reading about it in 2013 and thinking it's a terrible idea and the company sucked
Thank you!
THIS IS WORTH YOUR TIME.
STAY HUMBLE AND STACK SATS.
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Now that he's gone (is he???) we can just interpret the scripture to suit whatever conclusion we want to draw from it.
Wikipedia said the idea was conceived in 2005.
Lots of intresting stuff! Thanks!
A pearl.

Amazing
YES
#YESTR
my hat to you !
Thank you for sharing!
😎
YES
#YESTR
Reading these again. I am super intrigued by this message to
@Martti Malmi from Satoshi (Tue, 21 Jul 2009 04:14:43 +0100)

“Don’t bring up issues because they don’t have a full understanding how it all works” 😂😂 nice 🤙
I too have had memorable correspondence with Satoshi Nakomoto

What an OG 🙌
The price is the hashrate. -
@ODELL
"The value of bitcoins would be relative to the electricity consumed to produce them."
-Satoshi
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Thank you for sharing, and thank you for building 🙏
Wow! It is interesting.
thank you for sharing 🙌🏻
Thank you for your contributions to Bitcoin. Do you have any gut feelings from which country Satoshi might have been?
wow
Legendary moments. Thank you for sharing
Amazing. Miss you Martti! 💜
Indeed...
Who could that be? And copying they know satochi's real ID? A mystery...
Wow, fascinating read TY!
Thank you! GM
I have images turned off and I thought you were saying "than bitcoin" at first lol
This is fascinating. Thanks for sharing.
While fascinating, doesn't this help anyone else trying to impersonate Satoshi in the future?
That’d be like selecting a favorite child.
Why 21 Million #bitcoin ?
Satoshi's response:
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So Satoshi has been a fan of increasing the block size of Bitcoin, And even NFTs on Bitcoin:
🧡❤️😅
Dis real?!
𝗡𝗲𝘃𝗲𝗿-𝗕𝗲𝗳𝗼𝗿𝗲-𝗦𝗲𝗲𝗻 𝗘𝗺𝗮𝗶𝗹𝘀 𝗳𝗿𝗼𝗺 𝗦𝗮𝘁𝗼𝘀𝗵𝗶!🤯
In case you haven’t heard,
@Martti Malmi recently dropped the correspondences he had with Satoshi Nakamoto between 2009 and 2011. 𝗧𝗵𝗲𝘆 𝗵𝗮𝘃𝗲 𝗯𝗲𝗲𝗻 𝘂𝗽𝗹𝗼𝗮𝗱𝗲𝗱 𝗶𝗻𝘁𝗼 𝗺𝘆 𝗿𝗲𝗽𝗼𝘀𝗶𝘁𝗼𝗿𝘆, so I will be able to reference them when responding to your questions.

These emails cover a 𝘸𝘪𝘥𝘦 𝘳𝘢𝘯𝘨𝘦 𝘰𝘧 𝘵𝘰𝘱𝘪𝘤𝘴 related to the early development and conceptualization of #Bitcoin. They discuss technical aspects, such as website development, server-side scripting for transactions, and the need for a UI tool for creating password-protected private keys.
In the emails, Satoshi emphasizes the importance of running a Bitcoin node for network stability, and outlines future features like escrow for safer physical trades. To read the emails yourself, 𝗳𝗼𝗹𝗹𝗼𝘄 𝘁𝗵𝗲 𝗹𝗶𝗻𝗸 𝗶𝗻 𝘁𝗵𝗲 𝗻𝗼𝘁𝗲 𝗯𝗲𝗹𝗼𝘄.👇
This exchange between Martti Malmi and Satoshi Nakamoto reflects 𝘁𝗵𝗲 𝗰𝗼𝗹𝗹𝗮𝗯𝗼𝗿𝗮𝘁𝗶𝘃𝗲 𝗲𝗳𝗳𝗼𝗿𝘁 in refining Bitcoin's functionality and promoting its adoption, while highlighting challenges and solutions in creating the world’s first and 𝘰𝘯𝘭𝘺 decentralized digital currency.
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Fugger lol
Really kind of you to share them with us, thank you Martti 💜
Wow. You are a legend! Thank you for all your work!
Thank you so much
thank you for sharing
Wow! This was a real treat. Thanks for posting!
Thank you so much for sharing these.
💜
It looks like it. Good thing Satoshi isn't the sole runner of Bitcoin's protocol. I run Bitcoin, because I run a node. If you run one too, then you also run Bitcoin. And if Satoshi is out there somewhere, and running a node, then he runs it, too. But like all the rest of us, he must follow the consensus rules, or else fork off of the network.
Satoshi also believed that Bitcoin would scale with a couple huge server-farm nodes running the protocol, mining, and keeping a copy of the whole timechain, while everyone else would just keep a copy of the most recent blocks. He didn't see thatakind if centralization as a problem, so he was wrong about that, too.
Bitcoin isn't a Satoshi cult. Satoshi can be wrong, we can point it out, and it's not sacrilege. Satoshi was smart, and we owe him our gratitude for putting the pieces together that were created by Adam Back, Nick Szabo, and others, but he is not God.
That has been tried, but hasn't turned out very well, since that's not exactly how creating a LLM works.
The
@npub1tayp...9l42 has been built and trained from the ground up (it's not a GPT with a Bitcoin wrapper on it) on everything ever written or said about Bitcoin (by Satoshi and others in this space), and trained by Bitcoin maximalists on how to use all that data.
It doesn't have an animated avatar yet, though. 😏 But perhaps it will in the future...
Thank you
But I think that if Satoshi had not disappeared, he would probably have started increasing the size of the blocks since 2013. If Bitcoin today is somewhat contrary to Satoshi's ideals, it is only by chance. I have a neutral stance on the block size war, but I was interested to see that Satoshi's opinion on this matter was to increase the size of the blocks.
Something that always made me think Satoshi was American was his use of the American English spelling of certain words. Your emails show an example like American spelling Organization instead of the British spelling Organisation. But the Genesis block British headline threw me off. Back in the day I just figured he was an American living in England. But I didn't really care. Back then, nor today, did I use my real name on any internet correspondence that wasn't work or finance related. I was compartmentalizing or practicing separation of concerns since I got on the internet in the early 90s and just thought everyone else did as well. My only regret was treating bitcoin as an IT curiosity early 2011 instead of taking it seriously.
fascinating. thanks for sharing
Can you imagine the visibility for nostr had Martti only posted it here and not on X? Big missed opportunity but oh well
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Thank you
Next level OG status
Foreseen 21 trillions, pretty good estimate if you ask me. Could have not foreseen the insane brrrrr from Covid
Context, USD M2 is now at 20.8 T
If BTC hits 1M and USD M2 is roughly 21T, then 1 sat equals 1cent
… and BTC becomes the new boss in town
This is the Cypherpunk version of a Socratic or Shakespearean dialogue.
OG 🫡
You are making me wet Sir.. 🍀
In my dreams, it takes another 7 years
For some!
He spells colour correctly though 😉. The default is always American English so the fact he has changed it at all would imply he is not American or it's more than one person.
The first time he says organize is between two times he says colour and the second time says colour is a month later. Seems like it could be more than one person or hes switching computers set up for different types of English.
Yep and he switches some around. Realize realise. I'm American but grew up with the OED at home so I often make mistakes and use -ise or colour. Used to be an issue in school for me because I'd get hit for spelling errors 🤣🤣🤣
Maybe my assumption is biased because of my own experience.
👍
did you get permission to post?
Cheers brother ✊🏻
by his assumption, hardware should be 10,000x faster now. ASICs may make the processing that much faster, but not everyone has access to that, and we don't have 10,000x storage, memory, memory speed, internet connections, etc.
Great! Now we have identified another OG !
wow!!!...just frickin wow!!!
prolly the most humanizing thing I've read re BTC
just reading though the toil, effort, patience and perseverance that has gone into this 🌅 is mindblowing
a gigantic thnx from a lowly pleb
thank you for sharing. Reading that the 21m supply cap was an 'educated guess' for Satoshi was so cool. Turns out he is/was human after all
I wonder what percentage of public Satoshi’s writings this is. Maybe 20%?
Yes, Satoshi is wrong, but your calculation is also wrong. In the last 14 years, the speed of processors should have increased 128 times, which has only increased 10 times. Note that ASICs are used to find hash blocks and full nodes must be stored on a personal computer or servers, Satoshi's email was about full nodes.
Hey Martti, do you see him nowadays? Tell us the secret :).. where is he? We all want to know
👀
Saturday morning bed activity.
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Completely understand losing marks due to spelling was the reason I remember the default is American English 🤣. Especially important after a XP nuclear reset which seemed fairly common compared to todays operating systems.
Is Finley or Szabo Satoshi? we see lots of papers published by them but only one paper by Satoshi. Isn't it a bit odd?
Thanks for sharing!
Hi, not sure what you mean by "all can be deep fake". Are you talking about the mmalmi emails at
Satoshi - Sirius emails 2009-2011
Thanks for sharing this, it is a fascinating read!
Our favourite bit is when you are brainstorming about giving bitcoin traction. Still relevant, even after creating a trillion dollar market
https://twitter.com/qantarot/status/1761402472587825354/photo/1
🫣
🔥🔥🔥
So we have enough time to stack sats :)
Lucky us!
The Pleb movement is awesome to see.
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Ver a un colaborador importante de Satoshi en #Nostr me hace pensar lo importante que es este prococolo.
Seguimos
#Nostr #Venezuela #ElSalvador #Mexico #Argentina #España #Bitcoin #Amethyst
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💜🙏💜
This is amazing, I didn't get anywhere close to reading the entire thing but great insight on how well thought out the planning for the future was by Satoshi.
Hi Martti. This is Phil Champagne. Please send me an email at Phil at WrenInvestment dot com
Thank you for sharing this thread, “Birth of Bitcoin” I call it. So so interesting. I didn’t know Ripple was around at that time. The text is so interesting to read; as if God and Jesus (beg pardon, no sacrilege or disrespect intended) are having a Sunday morning tea.
Great to see the term “block chain” was already used in May 2009 !
Original G
“I plan to work on the escrow feature next, which is needed to make
actual trades for physical stuff safer and before backing the currency
with fiat money can begin.”
What was Satoshi referring to here ?
“I should have set the initial BTC price higher, it was only 1€ / 1000
BTC in the beginning.” 🤣 🤯
Really amazing to be reading this archive
It's cool to see how the fundamentals were there already, but the notion of non KYC clearly didn't exist yet.
Looking forward to finding out what notions we don't have words for yet in the systems we build today.
Exactly, "backed by fiat" is the part that triggered me too 🤣
k03rader
It's cool to see how the fundamentals were there already, but the notion of non KYC clearly didn't exist yet.
Looking forward to finding out what notions we don't have words for yet in the systems we build today.
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Basically just offering to buy bitcoin for fiat, which we did later