03.06.14

Caption this photo of BitCoin Elvis

Posted in Culture of Lickspittle, Fiat money fear and loathers at 2:35 pm by George Smith

#$%@, BitCoin freaks! I’m callin’ the cops! I’m not your Elvis Presley!

Comment rescue from this morning, to bring you up to date…

BitCoin Elvis Satoshi Nakamoto has been found! He’s an older and very weird paranoid libertarian computer programmer who lives in the San Fernando Valley in a nondescript tract home.

And he called the police on the Newsweek lady reporter who knocked on his door.

But there’s no getting the toothpaste back in the tube, as Nakamoto found out in being chased around LA County today. And the parade couldn’t come at a better time!

Nakamoto programmed Bitcoin when out of work, informs Newsweek, partly inspired by rage at banks when his house was foreclosed on. And having to pay too many wire transfer fees when ordering model toy trains.

For his career, BitCoin Elvis was deeply ensconced in the employment of southern California defense contractors. Business bloomed for most of the Cold War.

Get your head around this: Satoshi Nakamoto, BitCoin’s inventor, had his bread buttered by defense contractors and government under classification orders. But he is paranoid about government and made a financial instrument, hailed by most of its fans, as a tool for destroying it.

And BitCoin Elvis cannot now easily spend or bank his piles of BitCoin because everyone is watching his part of the blockchain.

Now there will be an encampment around his home on the street and sidewalks as the curious and faithful acolytes go to get a glimpse of their Elvis figure.

He may have to move.

Oh, this is a really wonderful story!

BitCoin is associated with well-to-do tech libertarian assholes. And this is just who BitCoin Elvis is. He couldn’t be a better father figure!

From the LA Times, today, sort of straight out of Fear and Loathing in Las Vegas:

And now a dozen reporters camped out #Nakamoto’s Temple City house are in chase. #bitcoin
— [Times deputy business editor] Joe Bel Bruno (@JoeBelBruno) March 6, 2014

So the AP reporter takes #Nakamoto to lunch for the #Bitcoin scoop, to a sushi restaurant in Temple City. Other reporters chase them.
— Joe Bel Bruno (@JoeBelBruno) March 6, 2014

Then reporters barge into the sushi restaurant, confront the @ap reporter and #Nakamoto
— Joe Bel Bruno (@JoeBelBruno) March 6, 2014

So #Nakamoto and the @ap reporter flee the sushi restaurant. The rest of the media take chase again. #bitcoin

OK, so apparently #Nakamoto and the @AP reporter are driving around being chased by media. #bitcoin
— Joe Bel Bruno (@JoeBelBruno) March 6, 2014

The #Nakamoto car has pulled over. #Bitcoin The chase has ended!
— Joe Bel Bruno (@JoeBelBruno) March 6, 2014

OK, so #Nakamoto and the @ap reporter have just pulled over on a RANDOM street. #bitcoin
— Joe Bel Bruno (@JoeBelBruno) March 6, 2014

BREAKING: #Nakamoto and the @ap reporter are driving in a Prius. (Hey, fine, its just a detail!) #bitcoin
— Joe Bel Bruno (@JoeBelBruno) March 6, 2014

There is a huge chase going on behind #Nakamoto. Tons of media. All heading west on the 10 freeway
Ok, so now #Nakamoto has exited freeway. He’s in downtown Los Angeles. Great #Bitcoin chase
— Joe Bel Bruno (@JoeBelBruno) March 6, 2014

After some traffic, and some red lights, we are now again right behind #nakamoto in the #bitcoinchase
— Joe Bel Bruno (@JoeBelBruno) March 6, 2014

So the @ap reporter just took #Nakamoto into the @AP bureau. SMART REPORTER!
— Joe Bel Bruno (@JoeBelBruno) March 6, 2014

The @ap reporter drove his Prius into the parking garage with #Nakamoto
— Joe Bel Bruno (@JoeBelBruno) March 6, 2014

Here’s the best part: THE Media can’t drive into the parking garage! Its private #Nakamoto #bitcoin chase
— Joe Bel Bruno (@JoeBelBruno) March 6, 2014

Winkdex at $657.32 for one BitCoin, showing no jump from the wild ride of BitCoin Elvis.

“My brother is an asshole,” Arthur Nakamoto, the brother of BitCoin Elvis, told Newsweek.

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