What makes his so-called stash of bitcoins worth the effort of trying to go after him for a cut any more than how wealthy any one of the other multimillionaires or billionaires in the world happens to be?
This is pure speculation, but that's all we have to work with right now.
Nakamoto has worked as a scientist on several secret military projects. This has given him some insight into the ongoing US government research into time travel technology. He must know that by attaching his own identity to the creation of bitcoin, he would become a lucrative target for criminal time travelers. By keeping his identity anonymous, he was protected against time travelers visiting him on the day he created the algorithm and having it stolen from him.
If a gang of thugs captures Warren Buffet, there's not a lot they can torture out of the old codger. It's not believed he has secret knowledge that may be worth billions of dollars.
There could easily be foreign criminal syndicates who could suspect Nakamoto knows a secret backdoor to the algorithm that can be exploited to easily generate bitcoins. The potential riches might be incentive for them to gamble a kidnapping and torture operation.
Lots of wealthy people DO hire security to accompany them in public places. Remember the false-flag conspiracy theories about the private contractors standing around the finish line at the Boston Marathon during last year's bombing? Those guys were security hired by wealthy people running in the marathon. The risk of kidnapping does exist for people in the US. Patty Hearst can corroborate that.
Doublecheck your math to decide whether it's more lucrative for the inventor to cash out now or sit on a stash of $400,000,000 worth of bitcoin.
Even if they devalue down to $1 each, he is still sitting on $800,000.
Paying 50% in taxes would leave him with $200,000,000. Your proposed scenario fills his pockets with $800,000.
Also consider that he's a scientist who works on military contracts. With secret clearance and California cost-of-living inflated salaries, this guy is already pulling in paychecks of over $300,000 per year.
Your scenario of pulling in an $800k payday probably isn't very attractive to him.
The bitcoin creator was smart to try to hide. I'm surprised he didn't do a better job as he seems to understand the myriad concerns of surveillance, secrecy, etc.
And look at MtGox. What was it coded in? PHP!
Sure, some people lost some bitcoins. But what are those?!?!? Intangible sets of numbers and letters that don't exist in the real world. Not to be insensitive, but boo-hoo!
The bigger tragedy here is that the MtGox site had a vulnerability that has probably been exploited for more than a decade by some nefarious organization to steal peoples' Magic The Gathering Cards. These things exist in the real world!!
While these road taxes are an interesting dimension, the main reasons Walmart's products are shipped via truck is because they don't want their own restocking schedules limited by train schedules. If efficiency were to dictate their logistics, the large Walmart regional warehouses would be located on a rail line and trucks would distribute the short haul from the regional warehouse to each store. Oh, well.
To reiterate, rail line maintenance expenses are not pushing Walmart cargo onto trucks. If those fees were so high, low-margin materials like gravel and sand would be in trucks and not hauled via train across multiple states.
I'm right there with you. I'm no fan of Whole Foods or homeopathy. I wanted to bolster your point a bit...
When you absolutely know that your products do not do what they claim to do
The trick here is that the packaging of these products cleverly avoids ever providing any guidance for usage. It never lists 'indications' like a traditional pharmaceutical package. These products are packaged advertising the contents, and that's it.
Believe you me, if they crossed that line and promised that this product is an effective treatment for this malady, then the FDA would crush those companies into tiny pieces that could be taken orally or rectally. Instead, the promotion of these products is performed by acupuncturists, herbalists, and other quacks who fly under the federal government's radar.
Whole Foods isn't the witchdoctor, it's just the enabler for the witchdoctor's patients.
Think about a foundation strong enough to withstand the pressures of a 100-200 mile high tower pressing down.
Connected to a platform in space, the mass of the platform is to spin with the Earth's rotation. Centrifugal force is actually pulling on the elevator 'cable'.
If they were on private property, like perhaps a strip club, then they would have a very strong position to sue the photographer.
I expect the Color Ruin will end up having to settle out of court. Probably will hand over some amount of money less than $100,000.
Hitachi are not ignorant, however. They sell business systems as a significant part of their offerings. It's likely that this product concept is not so much marketed at enabling micromanaging as much as allowing for bigger-picture mapping of business processes within a complex organization. Though I'm not sure how it captures communication performed via email or telephone.
Eventually, no more truck drivers. No more UPS guys. No more mail carriers. No more taxi cab drivers. No more pizza delivery boys.
You're right. And with technologies like Watson being deployed, reduced need for telephone CSR workers. Jobs for English-speaking people with a high school education are being scraped out of our economy through technological efficiencies.
"Plumbers make great money! There will always be work for plumbers," people say when arguing against the value of a college education. That perspective doesn't take into account plumbers don't need to speak English and those jobs can be filled by hard-working Spanish-speaking immigrants, thereby reducing the standard wages to something below the imagined level of "great money." STEM curriculum is going to be essential for protecting the current generations of students from becoming the unemployable middle-class of the future.
"Are you sure, Joe? Won't people cancel service and switch to a competitor?"
"Sure. Some will. But there's a certain number of them who are too apathetic to get off their butts and do anything. Those are our REAL customers."
See also: AOL
They should start paying him. A lot.
Just because he was involved in some petty computer mischief with some other hooligans does not mean he has top-of-the-job-market skills. In fact, because he got caught by the FBI by accidentally exposing his IP address would indicate he isn't an elite player. The dudes out there operating out of the FBI's reach are the ones deserving to be 'paid a lot.' They likely are being paid a lot, too.
1. If this study had found examples of prescience, are we expected to believe that time travelers wouldn't have looked at the results of the study and then zipped back prior to the study and expunged the evidence?!?!?
2. You know, if I were a time traveler looking to hide my existence, I would probably publish a study just like this.