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Everyone likes a good mystery. After all, who isn’t fascinated with Sherlock Holmes or the Hardy Boys? The thirst to explore a mystery led us to the New World, to the ocean depths and into space.

One of the great mysteries of the past decade is the identity of Satoshi Nakamoto, the inventor of Bitcoin and the blockchain. Some have even stepped forward in an effort to usurp his identity for fame, infamy or fortune. But in this case, we have a mystery in which the subject does not wish to be fingered. He prefers anonymity.

This raises an interesting question. What could be achieved by discovering or revealing the identity of the illusive Satoshi Nakamoto?…

The blockchain and Bitcoin present radically transformative methodologies with far ranging, beneficial impact on business, transparency and social order.

How so? — The blockchain demonstrates that we can crowd-source trust, while Bitcoin is much more than a payment mechanism or even a reserve currency. It decouples governments from monetary policy. Ultimately, this will benefit consumers, businesses and even the governments that lose that control.

Why Has Satoshi Remained Anonymous?

I believe that Satoshi remains anonymous, because his identity, history, interests and politics would be a distraction to the fundamental gift that his research has bestowed. The world is still grappling with the challenge of education, adoption, scaling, governance, regulation and volatility.

Some people are still skeptical of Bitcoin’s potential or they fail to accept that it carries intrinsic value (far more than fiat currency, despite the absence of a redemption guaranty). Additionally, we are still witnessing hacks, failing exchanges and ICO scams. Ignorance is rampant. Some individuals wonder if Satoshi is an anarchist—or if his invention is criminal. (Of course, it is not!).

Outing him now is pointless. He is a bright inventor, but he is not the story. The concepts and coin that he gave us are still in their infancy. Our focus now must be to understand, scale and smooth out the kinks, so that adoption and utility can serve mankind.

Related Ruminations:


Philip Raymond co-chairs CRYPSA, publishes A Wild Duck and hosts the New York Bitcoin Event. He was keynote at the Cryptocurrency Expo in Dubai. Click Here to inquire about a live presentation or consulting.

But such talk has little currency in Sweden or its Scandinavian neighbors, where unions are powerful, government support is abundant, and trust between employers and employees runs deep. Here, robots are just another way to make companies more efficient. As employers prosper, workers have consistently gained a proportionate slice of the spoils — a stark contrast to the United States and Britain, where wages have stagnated even while corporate profits have soared.


In a world full of anxiety about the potential job-destroying rise of automation, Sweden is well placed to embrace technology while limiting human costs.

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Drone technology is getting better all the time, and one area folks are putting a lot of energy into is boosting the amount of time the things can stay in the air. Drone manufacturer Quaternium is claiming a new milestone in this field, after flying its HYBRiX.20 fuel-electric quadcopter for four hours and forty minutes in what it describes as a world record flight for a self-powered multicopter.

Most multicopter drones you can buy off the shelf boast flight times of 25 to 30 minutes, though we have seen custom-built multicopters fly for far longer. Last year, for example, a commercial drone operator used a bespoke quadcopter to cross the English channel in a 72-minute jaunt, while others such as dronemaker Skyfront have previously claimed endurance records well in excess of four hours.

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Experts in artificial intelligence say the world is unprepared for the enormous changes automation is bringing to the global economy. Some say artificial intelligence could help us create an almost perfect world. But they also warn it could lead to the collapse of democracy and civilisation within a generation. Al Jazeera’s Laurence Lee reports from London.

Source: Al Jazeera English

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NASA is prepping for a trip to the nearby three-star Alpha Centauri system—in 2069.

That’s my kind of advanced planning.

The mission, first announced by New Scientist, would include a 44-year-long expedition to an exoplanet in search of signs of life. Assuming NASA’s Jet Propulsion Laboratory (JPL) can figure out how to travel at a tenth of the speed of light.

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SpaceX’s first Falcon Heavy rocket, made up of two previously-flown Falcon 9 boosters and a beefed up central core stage, made the trip to launch pad 39A at NASA’s Kennedy Space Center in Florida and was raised vertical Thursday for testing ahead of its first liftoff next month.

The fully-assembled 229-foot-tall (70-meter) rocket will be the most powerful in the world when it blasts off, and Thursday’s arrival atop pad 39A marks a major step toward readying the Falcon Heavy for flight.

SpaceX engineers are expected to conduct a fit check and complete other tests at pad 39A this week, followed by a hold-down firing of all 27 first stage engines some time after New Year’s Day. The company has not set a target date for the Falcon Heavy’s first liftoff, but officials say the launch is targeted in January, some time after the hold-down hotfire test.

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In response to growing concerns about autonomous weapons, a coalition of AI researchers and advocacy organizations released a fictitious video on Monday that depicts a disturbing future in which lethal autonomous weapons have become cheap and ubiquitous.

The video was launched in Geneva, where AI researcher Stuart Russell presented it at an event at the United Nations Convention on Conventional Weapons hosted by the Campaign to Stop Killer Robots.

Russell, in an appearance at the end of the video, warns that the technology described in the film already exists and that the window to act is closing fast.

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A new initiative, I4OC, is working towards making reliable, structured data of authors, reference lists, and citations accessible to the public. Their launch marks the availability of 14 million scholarly works, with more to come.

The Initiative of Open Citations (140C) announced today that science papers’ reference lists will now be accessible to anyone.

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Scientists, who had previously cloned polo ponies, have achieved yet another breakthrough in their work that could lead to the creation of genetically engineered “super-horses” that are faster, stronger and better jumpers than regular horses within two years.

Scientists in Argentina reportedly managed to rewrite the genomes of cloned horses by using a powerful DNA editing technique called CRISPR. They also produced healthy embryos that are now expected to be implanted into a surrogate mother by 2019.

CRISPR, an acronym that stands for Clustered, Regularly Interspaced, Short Palindromic Repeats, is basically a technique in a bacteria’s immune system. When a virus invades a bacterial cell, the CRISPR system captures a piece of the virus’s DNA and slides it into a section of the bacteria’s own DNA, allowing it to detect and destroy the virus as well as similar viruses in future attacks.

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