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(thelemmy.club)
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this post was submitted on 03 Feb 2026
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Buttcoin
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Buttcoin is the future of online butts. Buttcoin is a peer-to-peer butt. Peer-to-peer means that no central authority issues new butts or tracks butts.
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I'm sorry but like why do you think Satoshi created Bitcoin, like what was the purpose of that paper?
The tweet doesn’t say that he created bitcoin. It says he created blockchain. I didn’t want to assume something negative about a person without knowing for sure. For all I know, he’s just some random dude who’s good at math/coding, and others are responsible for the bitcoin nonsense.
I even admitted my ignorance on the topic, hoping for a straightforward answer, and you can see how well that worked out.
... is someone forcing you to type these comments? use an em-dash if yes, ascii hyphen if no
Well, Satoshi's whitepaper is called "Bitcoin: A Peer-to-Peer Electronic Cash System", so it's pretty obvious what the author(s) consider(s) its main contribution to be. Arguably, the concept of a blockchain wasn't invented by Satoshi (the idea of a ledger using Merkle trees of hashes existed before), neither was proof-of-work (the idea of requiring computation as a cost of performing an action also existed, e.g. to prevent email spam). The novelty was combining all that to create a currency system and the implementation. And the motivation spilling throughout the paper is very much libertarian and goldbuggy.