W. Scott Stornetta, Partner and Chief Scientist at Yugen Partners, is the third most cited author in Satoshi’s original Bitcoin whitepaper. Is Stornetta the real Satoshi? David Lin, Anchor and Producer at Kitco News, asked him this, in addition to getting his thoughts on the future of Bitcoin, money, and artificial intelligence. Lin spoke with Stornetta at the AIBC Summit in Malta.
Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV)
Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)
Follow W. Scott Stornetta on Twitter: @ScottStornetta (https://twitter.com/ScottStornetta)
0:00 – The real Satoshi?
2:07 – Time-stamping digital documents
5:46 – Bitcoin
12:25 – Proof of stake and validation
16:40 – The future of money
22:52 – Central Bank Digital Currencies
32:41 – Technology and the U.S. dollar
38:12 – Artificial Intelligence
#bitcoin #blockchain #crypto
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42 Comments
One favorite. Inspiring! Thx
Satoshi nakamoto!!!!!
Unfortunately the powers that be are not thinking as generous you are Scott. Money should be doing more for everyone as you say.
BTC is an asset not a currency.
The guy is a philosopher!
Lucky who has a coffee with him!!
Interesting interview. It was refreshing to hear these thoughts. Good Q&A. Well done.
Irony: Bitcoin hodlers claim freedom being in bitcoin….yet bitcoin is completely traceable….Smells live government(s) has its hands in this…fooled every bitcoiner….
This guy had some dangerous thoughts on privacy.
I bet he loves Fritjof Capra's "The Tao of Physics" Read it in college, loved it, but picking it up 30 years later thought it was out in left field. I try not to be so impressionable esp in the past 2 years. Cough, cough….Trust but verify should be everyone's motto.
The age of scam=Bitcoin
Brilliant.. so many things to things look at differently
David is a real talent.
His views on CBDCs are surely naive. He must've heard of Western pandemic & carbon, & also CCP social credit, authoritarianism. End the WEF! ✌🏻🕊
I acknowledge your concerns about coercion and control. This would be a concern for a closed CBDC. But if CBDC's are available across borders (open system), then countries will have to demonstrate their integrity and efficiency. Otherwise, individuals will collectively move to another CBDC.
This is golden knowledge, very nice interview. Thank you =)
Peoples get lazy, they don't want put real effort to make value, they will cheat their way as much as possible
Super interesting discussion. Such a great thought provoking interview. Thank you!
The last statement about AI free up human workers sounds like a communisim
This guy is a fiat advocate despite all is knowledge….
That was so sad. He actually believed the more information others have about us will be good. Yikes. You were right David, the governments with power would find a way.
Very entertaining ! Great job David 💪😎👍🇺🇸💰🙏
Elephant in the room…..the Exchanges are the problem and this guy did not address that CRITICAL problem. REGULATE THE EXCHANGES.
.MOST OF THEM ARE CROOKS
This guy is very naïve.
Wow. I wish I was able to understand everything this guest was saying. Old school with a twist of the future was my take.
the worlds answer was figured out 5000 years ago. gold/silver. no banks, no governments, no internet, no BS!
He is 100% not Satoshi because he is a shitcoiner and doesn’t understand why proof of work matters and why you can’t replicate Bitcoin decentralization
Correct. He does looks like a Japanese from the 1800s
24min 10sec – "I think we need to be advocates of our data, but to imagine we want to prevent people from getting access to our data is the absolute wrong way to view the privacy/liberty debate" – this man is sinister and couldn't be more wrong. Here he is talking on Crypto… well, the dictionary definition of the word 'Crypto' = 'Secrecy' and 'to conceal'. Which means by definition that is the best true Privacy coins like Monero, PirateChain and Dero. Everything else is not true Crypto and a fallacy. This man is dangerous.
Sorry ummm that guy too smart for us but 😎
Excellent interview and content.
Smart money is not progress
North Koreans don't know the time. They have no clocks/watches.
Thank the host for actually challenging the guest and not idly excepting the bs. Unfortunately he believes technology has noble values and not prone to negative human traits.
Great guest, great interview David…thank you.
I feel there was an interesting conversation to be had here but David was out of his depth
This guy is anti bitcoin more then he’s pro bitcoin
Brilliant
Good interview David. U r getting sharper
Tell this man about Monero XMR!!!
Give the man some agua David…love the content
He gave a brilliant interview. To be fair though, he tends to think by painting a picture of a windup toy in a sandbox, and says it will work the same way in the desert. He does give a slight nod to the fact it is only a sandbox, but makes his conclusion rigidly anyway, and ignores the inevitable wrinkles of reality. David pushes back a little but holds back out of respect, which he does deserve.
This is definitely one of my favorite guests so far. Great to hear his thoughts.