Co-Owner Goes on Twitter Storm on Changing Bitcoin’s Whitepaper

Those who want to learn more about bitcoin – whose market cap is now of nearly §100 billion – usually turn to Satoshi Nakamoto’s whitepaper to do so. Recently, in an attempt to help new users properly understand bitcoin, through a Twitter storm on an account believed to belong to and Bitcointalk co-owner Bitcoin Cobra, Changing Bitcoin’s Whitepaper … Nakamoto’s original whitepaper … was suggested so it won’t “promote flawed understanding of bitcoin” that is, according to him, responsible for the “longest chain is bitcoin” fear uncertainty and doubt (FUD).

In another tweet, Cobra went on to state that the community needs to work together to update the whitepaper so that new users don’t start with a flawed assumption of the cryptocurrency’s system. The move, as one would expect, was met with a lot of criticism as users accused him of promoting his own agenda in bitcoin’s civil war.

His response was to point to well-known Bitcoin Cash supporters – CEO Roger Ver and Bitmain CEO Jihan Wu – and state that they suffer from “Satoshi worship disease,” just like “white paper literalists” do.

Next, Cobra went ad hominem and tweeted out that Satoshi wasn’t perfect and made mistakes that sometimes pushed dangerous ideas. In another tweet, he pointed out that bitcoin needs to stop being treated as a religion, and Satoshi as a prophet. Notably, he then added that “Satoshi must be forgotten and his influence should disappear.”

Various Twitter users agreed with Cobra and pointed out that other outdated projects have been improved upon. Some used ARPANET and some used Ford’s Model-T as examples. Others, however, pointed out that changing the whitepaper would be the same as creating an altcoin.

Not the first time Cobra suggests changing the whitepaper

Back in 2016, Cobra used Github to suggest changes to Satoshi Nakamoto’s whitepaper. In a post, he stated that’s page with the whitepaper has been getting a lot of traffic, and as such would be good to add mentions to things now present in bitcoin’s ecosystem, such as the existence of pools.

According to Cobra, at some point, the paper would, per his belief, start making more harm than good because it “tricks people into believing they understand Bitcoin.” Cobra’s suggestion was met with criticism and suggestions of a new, updated document that clearly stated it wasn’t the original whitepaper while linking to it.