[ExI] Satoshi Nakamoto

[Adrian Tymes]

He has pretty thoroughly demonstrated he's not going to use it to
invest in anything.

At this point, I'd assume that either he has in fact lost the key, or
he thinks it's in his best interest to act as if he has, and that
either way all those Bitcoins he has effectively don't exist.

Find a way to demonstrate it on prototype scale.  It doesn't need to
be profitable on prototype scale, but it does have to demonstrate
actual production.  Theorycrafting is fine, but you will not get that
scale of money (any time in the next several years and this side of
the Singularity, at least) until after you have done a physical
demonstration.

I suggest identifying some trivial, tiny piece that you can do on,
say, $100K-200K, and proposing that miniscule starting piece to the
Department of Energy SBIR program when their Phase I submissions
reopen later this year.  Once you've done that, then the DOE might be
willing to put in $2M for a slightly less tiny demonstrator under
"Phase II"...and after you've done that, then Phase III might open up
to do one of the gasifiers you mentioned.  It doesn't matter that you
think you have all the plans right now; outside of military funding
(and often even then), you generally have to do that kind of scale-up
proof.

It's slow, it sucks, but the alternative to prototype-then-scale-up is
begging for the rest of your life (or until you give up) for funding
and never getting a dime.  What your idea is, is irrelevant: you could
solve the energy crisis forever and there still won't be funding from
anywhere if you need $1B+ before you show any results at all.

This is the Extropians list.  Effective action is called for.  Don't
bang your head on paths that have been thoroughly proven to not work.

On Wed, Aug 5, 2026 at 4:44 PM Keith Henson via extropy-chat
<extropy-chat at lists.extropy.org> wrote:
>
> I really doubt the originator of Bitcoin follows this list, but if he does, I would like to get in touch. Assuming he has not lost the key, he has about $80 billion in Bitcoins.
>
> The SolarSynga project needs money on that scale. It would take around 30 gasifiers at maybe $250 million each to process all the trash LA generates.
>
> Keith
> _______________________________________________
> extropy-chat mailing list
> extropy-chat at lists.extropy.org
> http://lists.extropy.org/mailman/listinfo.cgi/extropy-chat