MonocoleDundee
Long

Mysterious MIT Litecoin Project: Coblee is Satoshi Nakamoto?

BITFINEX:LTCBTC   Litecoin / Bitcoin
A mysterious Litecoin project and countdown was launched today on MIT's official website:

http://litecoin.mit.edu/

This has lead to many speculations regarding the project. However, I like extreme thoughts, so I want to speculate about something else: could Coblee, aka Charlie Lee, the creator of Litecoin, be Satoshi Nakamoto himself?

Lets take the following things into consideration:


1. Bitcoin was created in 2009.

2. Litecoin was created in 2011: it was one of the first altcoins to be released. The period between Bitcoin's creation and Litecoin's creation is quite small. Especially because Bitcoin was not that well known yet, so even less people had knowledge about the technology behind it.

3. When Charlie Lee (Coblee) created Bitcoin , it was just a prototype. He didn't think too much of it yet, and decided to remain anonymous.

4. Bitcoin gained traction and it started being accepted as a payment method on the dark net. This is why Charlie Lee did not want to be associated with Bitcoin . However, he did see the potential in his creation, and really wanted credit for his masterpiece. Charlie also realised his prototype had some flaws, so he decided to release a much better version: Litecoin. This time, he decided to take credit for his creation because he figured "Bitcoin has been used on the dark web for a while now, there is little chance Litecoin will replace it. It's therefore safe to be associated with this cryptocurrency."

5. Charlie Lee was one of the first employees of Coinbase, the world's largest cryptocurrency company. You don't get hired by a company like this simply because you created an altcoin similar to Bitcoin . Maybe Charlie told Coinbase he is Satoshi Nakamoto, but also signed an agreement to keep this a secret.

6. Years have gone by since; the man behind Satoshi is still (officially) unknown. Litecoin has made some giant leaps over the past year. It has become the most advanced cryptocurrency in the world. Not a single coin can compete with Litecoin; it is fast, it is secure, it has a long history, it never went through hard-forks, it doesn't have to deal with Bitcoin's political problems, it has several full-time developers, and it is tradable on all of the world's major exchanges (Coinbase, OkCoin, Bitstamp , etc.).

7. Charlie Lee leaves Coinbase, and just days later MIT announces this mysterious Litecoin project? This might be a coincidence, but I am skeptical.

--

I am 80% sure Charlie Lee is Satoshi Nakamoto.

Litecoin has a lot going for it right now. The coin is extremely undervalued. I expect at least $200 per Litecoin by October.

MIT page was down.
https://litecoin.mit.edu/
Reply
What a dumb guess. "Satoshi" being his own mere copycat? Why? Read any of Charlie posts and then any of Satoshi Nakamoto emails and you will quickly find out how completely different persons they are. LoL.
Reply
so much intriguing :)
Reply
`` You don't get hired by a company like this simply because you created an altcoin similar to Bitcoin ``

No, you get hired because of your skills and for what value you can give to the company. He could get hired even if he didn't create any coin, but the fact that he created Litecoin for sure that had a positive impact in their decision.
Reply
Simply amazing article.

I would definitely agree with you. I can imagine users leaving the btc behind and switching to ltc instead.
+1 Reply
Respectfully, that is not very strong speculation. I have done quite a bit of digging regarding Satoshi Nakamoto and have come to two conclusions:
1. He almost certainly lives in Bali (and is not Charlie Lee)
2. It doesn't matter.
Reply
The coin is extremely undervalued. I expect at least $200 per Litecoin by October.

= I would not be surprised in the slightest
+1 Reply
....as for Charlie Lee being Satoshi - I did have the same thought - but the Satoshi that we know chatted with Hal in the very early days of Bitcoin - does not seem to be Charlie Lee to me - (pretty sure Satoshi is antipodean) Also Satoshi had made the decision to remain annon BEFORE Bitcoin had grown (even slightly) and before the traction on the dark Net- he was annon from the get go. Also I believe that Satoshi is older than Charlie Lee (his method of punctuation and syntax, double spaces after a full stops etc (which points towards former use of old school typewriters)

I believe Charlie Lee is a great strategist for sure either way.... and you could not rule it out 100% however I think that Charlie brilliance is his own and of a different style.

Glad he is with LTC for sure.
+1 Reply
Years have gone by since; the man behind Satoshi is still (officially) unknown. Litecoin has made some giant leaps over the past year. It has become the most advanced cryptocurrency in the world. Not a single coin can compete with Litecoin; it is fast, it is secure, it has a long history, it never went through hard-forks, it doesn't have to deal with Bitcoin's political problems, it has several full-time developers, and it is tradable on all of the world's major exchanges (Coinbase, OkCoin, Bitstamp , etc.).

=100% True
+1 Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out