Category: Satoshi Nakamoto
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Wikileaks Gathers $37M in BTC Since 2010 – Over $400K Sent After Julian Assange’s Arrest
The world was shocked when Wikileaks cofounder Julian Assange was arrested in April after being cooped up in the Ecuadorian Embassy in London since 2012. Following his arrest, the original Wikileaks bitcoin address saw significant support as $32,000 worth of BTC poured into the wallet in two days. Since 2010, Wikileaks’ address saw 4,043 BTC…
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Wielding the Tools of Liberty: Exploring Wendy McElroy’s Latest Book ‘The Satoshi Revolution’
When Satoshi Nakamoto launched the Bitcoin network, not only was the protocol a breakthrough in computer science, but it transformed the way society perceives money, economics, and freedom. “The Satoshi Revolution” written by Wendy McElroy delves into the transformative technology Nakamoto introduced 11 years ago by exploring the evolution of this new money. McElroy’s book…
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Bitcoin Halving Will Drop Inflation Rate Lower Than Central Banks’ 2% Target Reference
When Satoshi Nakamoto invented Bitcoin, the creator designed the protocol to be an inflationary currency, one that is predictable as bitcoin’s inflation always decreases every four years. Today, 77 days before the reward halving, BTC’s inflation rate is around 3.6% and it’s expected to drop to 1.8% after the halving event. The cryptocurrency’s inflation rate…
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The Many Facts Pointing to Dorian Nakamoto Being Satoshi
[youtube https://www.youtube.com/watch?v=GrrtA6IoR_E&w=560&h=349] In March 2014, a Newsweek columnist named Leah McGrath Goodman published a story called “The Face Behind Bitcoin.” She claimed Bitcoin’s inventor was a retired physicist named Dorian Nakamoto. When Goodman arrived at Dorian’s home in California, he said he was “no longer involved in that” and he “cannot discuss it.” The commentary…
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Craig Wright’s $100B Theft Claim – BTC and BCH Used His Database Without Permission
The infamous Craig Wright, the Australian native who claims to be Satoshi Nakamoto, has published a blog post that explains he owns “the full rights to the Bitcoin registry” and developers do not have the right to change the protocol’s underlying database. Wright’s recent blog post makes it seem like “legal redress” is coming to…
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From Star Trek to Wikipedia: Crashing Bitcoin SV Fails to Impress
The Bitcoin SV network and the infamous Craig Wright have been publicly scrutinized by two well known individuals. Wikipedia’s Jimmy Wales criticized BSV technology and said he doesn’t think recorded data from Wikipedia would be beneficial stored on a blockchain like BSV. Moreover, former Star Trek actor William Shatner tweeted about Craig Wright’s claim of…
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Overwriting Satoshi: Kraken Exec Says Bitcoin Wasn’t Built for Payments, Isn’t Peer-to-Peer
As Director of Business Development for popular crypto exchange Kraken, when Dan Held speaks, people listen. As such, his recent 46-tweet diatribe on why the “payments narrative” for bitcoin is flawed grabbed the attention of many, tickling the ears of hardcore Lighting Network fans and bitcoin core maximalists alike. His argument is prima facie absurd,…
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Craig Wright’s ‘Bonded Courier’ Allegedly an Attorney Who Can’t Communicate
During the first week of February, the Kleiman v. Wright lawsuit continues with more tales about the alleged bonded courier. In mid-January, Craig Wright revealed a third party provided him with the necessary information to unlock an encrypted file he could not access previously. Now Wright is claiming attorney-client privilege over 11,000 documents and he…
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Deutsche Bank Report: Digital Yuan Could Upset Global Power Balance, Plastic Will Die, Cash Survive
A new report from Deutsche Bank Research, Digital Currencies: the Ultimate Hard Power Tool, predicts that cash payments will remain for decades, but the emergence of digital payments “will lead to the death of the plastic card.” The report, which is the third installment in a series on payments by the group, points to economies…
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Indian Supreme Court Warms Up to Crypto – RBI’s Arguments Not Convincing
India’s supreme court heard the crypto case on Thursday, starting with the arguments by the counsel for the Reserve Bank of India (RBI). After pointing out that the RBI ban only hurts crypto businesses but does not stop crypto trading, the court explained that “being an honest contributor to the blockchain is more profitable than…