Luftgründer, lit. “air-founder”: (1) a Silly Valley–style aspirational “Founder” with unrealistic expectations about the sheer mass of effort it takes to maintain anything — say, like a government. (2) A more accurate name for “libertarian.”

Context here, prompted by the NYT purporting to out [Adam Back as Satoshi](https: //www.nytimes.com/2026/04/08/business/bitcoin-satoshi-nakamoto-identity-adam-back.html)(?!?!).