Ben Gilbert: uncertainty

Transcript context

…I think this is also one of the reasons why people really believed it was a group of people. Because then, if it’s a group of people, then there’s obviously no way that they would slip up and expose personal information. The paper is also written in we. Whether that’s the royal we, I don’t know. But they keep saying we propose the following solution. He disappears. Interest keeps growing though and some transactions happen mostly between the people that are mining the currency. In early 2010, a forum user on bitcointalk.org named SmokedTooMuch offered to auction 10,000 Bitcoins for $50. It was like $25 for the Papa John’s, twice the amount of money wants a 2X return. Nobody takes him up on it though. In April, he declared the auction over. He keeps the 10,000 Bitcoins, I guess. Nobody gets them. Probably pretty good for him. Interest does keep growing though. People do start tracking roughly the exchange rate between the US dollar and Bitcoin. It rose up by the beginning of 2011 to 30¢ per Bitcoin by whatever metrics people are using at this point in time.…

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