Alarm! Satoshi Ally Claims Bitcoin Under Siege by AI Bots

Published 5 hours ago2 minute read
David Isong
David Isong
Alarm! Satoshi Ally Claims Bitcoin Under Siege by AI Bots

Legendary cypherpunk Adam Back, whose foundational work, HashCash, was acknowledged by Satoshi Nakamoto in the Bitcoin whitepaper and who corresponded with Nakamoto directly, has publicly criticized Roger Ver, once known as the “Bitcoin Jesus.” Back took to his X account to denounce Ver and his supporters for propagating the claim that Bitcoin was “hijacked” after Satoshi Nakamoto's disappearance. Roger Ver famously transitioned from being a staunch Bitcoin evangelist to a Bitcoin Cash (BCH) advocate following the 2017 hard fork that led to the creation of BCH.

The core of Ver's argument, detailed in his March 2024 book titled “The Hijacked Bitcoin,” is that current Bitcoin developers have deviated from Satoshi Nakamoto’s original vision, particularly regarding the block size. Ver asserts that Bitcoin Cash now embodies what Satoshi initially intended Bitcoin to be: a functional digital currency, contrasting it with Bitcoin's current structure shaped by changed block sizes.

Adam Back's comments were made in response to an X user named Mandrik, who vocally criticized Roger Ver and his book. Mandrik, a former moderator on both r/Bitcoin and r/BTC during the contentious “block size wars,” stated his refusal to read Ver’s book, claiming he had first-hand experience of the events described within it. Mandrik explicitly labeled Roger Ver and his followers as scammers, declaring his intent to “defend Bitcoin against Roger Ver & bcasher FUD.”

Back echoed Mandrik's sentiments, revealing that he had seen a photo of just one page from Ver’s book and found “the density of lies per sentence was impressive.” He further dismissed Ver's efforts, suggesting that his movement had significantly dwindled and was now largely composed of “a small sock army of AI bots, mostly plus a few confused people” actively spreading FUD (fear, uncertainty, doubt) against Bitcoin.

In a related discussion on asset valuation, renowned investor and “Rich Dad Poor Dad” author, Robert Kiyosaki, a prominent Bitcoin advocate, addressed a frequently posed question: which is a better investment, Bitcoin or gold? Kiyosaki stated that while he typically recommends both for diversification, along with silver, if forced to choose only one, he would unequivocally select Bitcoin. His rationale stems from Bitcoin's mathematically finite supply of 21 million digital units, which he contrasts with gold and silver, both of which are theoretically infinite in their potential supply.

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