After attending the 2014 Texas Bitcoin Conference in Austin, Texas, I discovered that Newsweek had released a “sensational” and “shocking” tabloid style article claiming that they had discovered the real Satoshi Nakamoto who was responsible for creating bitcoin.
The lame journalist who wrote the bullshit article to help promote the relaunch of the physical edition of the extinct Newsweek magazine goes by the name Leah McGrath Goodman.
If you are interested in reading more of Leah’s garbage, half truths, and lies, you can find out more at her blog.
I just left the Texas Bitcoin Conference and I discovered that we had a fake journalist come out in Newsweek claiming that she had found the real Satoshi Nakamoto, the inventor and founder and creator of Bitcoin.
I have this article in front of me.
In this video commentary, I discuss why Leah is a lousy and fake journalist and why she needs to give up journalism and go do something else instead of making up stories and lies that can seriously put an innocent man and his family in danger due to her lousy investigative journalism.
I also talk about the 2 primary methods of verifying if a person is truly the real Satoshi Nakamoto and what it will take for the Bitcoin community to accept that a person is truly Satoshi Nakamoto.
All this sensationalism and media attention to Leah’s bogus story about finding the real Satoshi Nakamoto is not bad. I will also look at how the media attention about this fake story will actually help to bring more attention to Bitcoin and help it grow.
A Quick Side Note… LOL!
By the way, I was surprised at how many people recognize me and my buddy, Leon Fu, in the Maserati from the video that we shot about the difference between Proof of Work vs. Proof of Stake.
We had a lot of people say hello to us and approach us in the Texas Bitcoin Conference which was the first Bitcoin conference held in Texas which was in south Austin.
We had a lot of people comment and talk about how I went from broadcasting from a Maserati to broadcasting from a train station.
Actually, I’m not in a train station in some of those videos. Most of them are at airports. Like, right now I’m at Boston Logan airport.
Newsweek Magazine Tries
To Resurrect Themselves
Using A Lousy Journalist
I just want to talk a little bit about this fake journalist who found a fake Satoshi Nakamoto.
This fake journalist name is Leah McGrath Goodman.
I’m looking at her Twitter profile by the way if you want to follow along with me.
She claims to be the senior writer and finance editor for Newsweek.
What happened is Newsweek went out of business because of the internet.
Just like Bitcoin is going to put the banks out of business eventually. What happened was they were out of business.
At their peak, Newsweek was printing 3.3 million magazines a month or a week here. They had a circulation of 3.3 million.
They died out in 2012. They finally closed their doors and stopped printing the physical edition and just only have the online edition. Well, they got bought out by another company called IBT Media.
And when IBT media took over, they wanted to relaunch the physical edition of Newsweek since it was a popular Newsweek magazine before the internet destroyed it.
In their feature magazine and their launch magazine, when they relaunched the first physical publication of Newsweek, they decided to sensationalize their launch and the release of their first magazine after they closed down in 2012.
What they did was they put a—most of you guys have seen already, the black picture, black and red and white cover that was very dramatic and it had the anonymous face of the founder of Bitcoin on there and in bold print, it said, “Bitcoin’s Face” because they claimed that apparently they discovered who the founder and inventor of Bitcoin was.
It made big headline news and it stirred up a lot of emotion and commotion inside the Bitcoin community especially in the Subreddit because everybody that’s involved with Bitcoin knows the truth that Satoshi Nakamoto is not the real name of the inventor.
Submits Bogus Evidence
About Satoshi Nakamoto
The only thing that this fake journalist, Leah Goodman, did was she went and found somebody in California by the name of Satoshi Nakamoto, who had the name Satoshi Nakamoto in his name, and she claimed that that was him.
Now that is very stupid and that’s very moronic and that’s why I call her a fake journalist.
She might have been a journalist.
She might have been on TV on Russia Today and everything but after reporting on this fake journalist, what I would do is I would recommend that Leah Goodman quit being a journalist.
She’s not good at it. She’s not accurate in her reporting.
The people that’s in the Bitcoin community such as MadBitcoins, or Brother John F of The Bitcoin Channel, or the awesome James D’angelo from The World Bitcoin Network, we got the people from the BitcoinTalk group, we got Andreas Antonopoulos and Adam Levine and Stephanie Murphy from Let’s Talk Bitcoin. These are the people that I would trust and rely on to provide worthwhile and truthful Bitcoin news.
I would never trust someone like Leah Goodman or someone at Newsweek or Time magazine or Bloomberg or none of the big media houses.
Simply because, they just don’t understand the Bitcoin technology and the Bitcoin revolution.
How To Authenticate
Keep in mind that everybody that knows anything about Bitcoin knows that there are only two ways to verify who Satoshi Nakamoto is.
In case, you guys are new to Bitcoin and you don’t know these authentication methods, let me share them with you, okay?
Since the biggest owner of Bitcoin is Satoshi Nakamoto and second is the US government, the FBI.
Satoshi Nakamoto owns about 1.6 million bitcoins.
That’s a ton of money.
That’s several hundreds of millions of dollars.
In order for anyone to believe that a person–if a person jumps out and claims to be Satoshi Nakamoto, the real Satoshi Nakamoto who invented Bitcoins.
There are only two ways that he can verify that he is really Satoshi Nakamoto or she is really Satoshi Nakamoto.
One, is to move or transfer one of those Bitcoins out of that 1.6 million because only Satoshi Nakamoto has the passwords and the private keys to transfer those funds.
The only way that anyone in the world would believe that the person who claims to be the real Satoshi Nakamoto is the real Satoshi Nakamoto would be to transfer one of those Bitcoins with his private key or with his password.
Now, the other way is to sign it with his PGP email signature.
It’s an email key.
That would be another way to verify that he or she is the real Satoshi Nakamoto and the real inventor of Bitcoins.
Otherwise, any other way, you can find an identity, a passport, a driver’s license, a social security card or anything so that someone who’s name is Satoshi Nakamoto but no one is going to believe that that is the real Satoshi Nakamoto until that person transfers the Bitcoins.
They don’t have to transfer all 1.6 million of them. They just need to be able to transfer one of them and that would be enough for the Bitcoin community and the rest of the world to be convinced that that person is the real Satoshi Nakamoto.
Until this happens, you can have a thousand fake reporters and a thousand fake journalists claim that they found the real Satoshi Nakamoto but no one’s going to believe that.
It’s just a joke and it’s embarrassing.
For Leah Goodman to claim that she used MIT to help her do the investigation and do all this.
It’s just a bunch of garbage, because anybody that goes to MIT which is one of the most prestigious Math and Science school in America that understands public key encryption or understands Bitcoin would know that just because someone’s name is Satoshi Nakamoto does not make them Satoshi Nakamoto.
The fact that she used people at MIT, to me is just an embarrassment to the school and I don’t recommend that she do that.
If I was MIT or Newsweek or anybody else or even the family of Dorian Satoshi Nakamoto, the guy that was falsely accused of being the Bitcoin inventor, they would probably seek legal action or sue Leah Goodman for defamation and causing risk, defamation to the MIT School and causing potential danger and risk to the life of Dorian Satoshi Nakamoto.
Prentice Dorian Satoshi Nakamoto (below) is not the real Satoshi Nakamoto who invented Bitcoin.
Since Dorian was NOT confirmed to be the real Satoshi Nakamoto, it has been jokingly proposed by Gavin Andressen (bitcoin developer) and others in the bitcoin community that an “unconfirmed” bitcoin transaction should not be called a “Dorian”. LOL
Dangers Of Accusing The Wrong
Person As Satoshi Nakamoto
The reason why is because, if people don’t know, she unprofessionally published his house address, the picture of his house, the picture of him and then his street address, his car, his driver’s license plate and everything.
If we have some real people who really wanted to hurt Dorian Satoshi Nakamoto, thinking that he was the real Satoshi Nakamoto, they could have easily kidnapped him or do something to force him to give up his passwords for that hundreds of millions of dollars in Bitcoin.
That was very unprofessional of her to do that and it’s very stupid of her to do that. And I would never ever trust any word that comes out of Leah Goodman’s mouth after this bogus story about discovering the inventor of Bitcoin.
- Why are they doing this?
- Why is she doing this?
- And why is Newsweek doing this?
Like I mentioned earlier in the video, according to the internet, Newsweek is failing.
Because they are trying to charge $3, $4, $5 for their magazine before when you can get it for free in digital format or cheaper online.
Now, with all the people that can tweet and can use facebook, and use social media and the internet and YouTube to broadcast, being a news lead journalist does not mean anything anymore.
Whether you are a journalist for Bloomberg or CNN means nothing much now.
The only thing that means anything on the internet now is if you have credibility.
That is the most powerful currency that anyone can have in today in the age of the internet.
For the rest of her life, Leah Goodman will be known as a fake journalist and a sensationalist. She’s just a tabloid writer. She should quit Newsweek and go work at the World Weekly News or one of those lousy cheap tabloid magazines like the National Enquirer or some BS magazine like that.
Newsweek and IBT media made a huge, bad decision to hire her and to use her story to relaunch the physical edition of Newsweek magazine and I hope they fail miserably for this and that nobody tries to bail them out, the government or nobody.
Anytime, a business screws up and they screws over their customers like Newsweek did by issuing a false story that they blatantly know is false and then the editor-in-chief, sits there and tries to deny it and tries to back up Leah Goodman saying that they had credible evidence.
If you did some research on Bitcoin, you would know that the only way to prove that someone is Satoshi Nakamoto, the inventor of Bitcoin, is through his private key or to his PGP signature, his email signature and that’s the only way.
Any other way is just bogus, so why would you come out and relaunch a new magazine and try to get the public’s attention and print something stupid like that.
That is no different than the National Enquirer or some tabloid magazine or newspaper printing stories about Brad Pitt or J. Lo or something.
It’s just retarded. I hope that Newsweek goes out of business facing this story.
A Time Of DANGER Or A Time
Of OPPORTUNITY For Bitcoins?
Not everything is bad.
The Chinese character for crisis is made up of two characters. One character means danger and the other character means opportunity.
During this crisis with Newsweek, let’s look at the opportunities that are available.
What people don’t realize is whether you put out negative or positive press or media attention about Bitcoin, the fact that you even talk about it encourages the growth of Bitcoins.
As much as the governments and banks want to ban Bitcoin, the more they talk about it and the more they bring attention to it, it just brings more adopters and new users to Bitcoin.
Since Bitcoin only has a set number of units of 21 million that would ever be minted, every time a new user enters the Bitcoin world or the Bitcoin community or the Bitcoin network, it automatically increases the value of Bitcoin.
The positive thing that we can look at this is that besides the fact that everybody now knows that Leah Goodman is a fake journalist and a bogus journalist, and can never be trusted, thanks to her, we have actually brought more attention to Bitcoin.
Anytime the media tries to sensationalize and talk nonsense about Bitcoin, it only increases the value of it. And it only increases the awareness.
Remember, Bitcoin is not promoted by the central banks.
It’s not promoted by the government.
It’s not promoted by the federal reserve.
The fact that Bloomberg, CNN, Newsweek, Fox news, CNBC and all these unreliable news sources, talk about this then the better it is for the Bitcoin community.
I invite more people to go out there, Newsweek, Time, any of these big media companies.
I invite them to write more bogus stories because all that’s going to do; they think that it’s going to hurt Bitcoin. They think that it’s sensationalizing and trying to grow their business but the only thing that they’re doing is they’re bringing more attention to Bitcoin and the Bitcoin community.
By the way, on the original PTP, peer-to-peer currency blog that originally belonged to Satoshi Nakamoto, apparently he made a comment that he claimed that he was not Dorian Nakamoto. My belief is that that blog account has been hacked and that was not a comment made by the real Satoshi Nakamoto.
By the way, the only time that I believe that the real Satoshi Nakamoto will ever appear or make an appearance is not anytime soon.
Bitcoin is growing and there are new users and adopters every day. There’s no need for him to appear. And he does not want to be a target of a government investigation or anything like that.
I predict that in the future when there is a serious, serious problem with Bitcoin where a huge decision has to be made on it, I think that at that time is when he will probably appear.
And when the real Satoshi Nakamoto appears, he will transfer some of those Bitcoins that he owns to verify who he is or send a message out that includes his encrypted PGP signature so that everyone in the Bitcoin community can verify and authenticate that he is the real Satoshi Nakamoto.
Until those two things happen, just ignore all the bogus stories from all the bogus and fake journalists such as Leah McGrath Goodman.
Focus on the real people who give you news about Bitcoins such as MadBitcoins, such as “Let’s talk Bitcoins”, such as “BrotherJohnF” at the Bitcoin Channel, or such as the The Bitcoin Group, and those are the people that you need to trust when it comes to talking about Bitcoins.
Not these other numb nuts like Leah Goodman.
I hope that this video helps you guys to understand that the two ways to identify the real Satoshi Nakamoto.
Thank you for watching this video, and if you would like to support our freedom efforts, you’re welcome to donate to our efforts on our donations page.
I’ll be happy to accept any donations in Bitcoins and or any of the other alt coins I have listed there.
Until next time, have a great day!