Clouds. 60.5   F New York
AI-Powered News Summarizer
Cryptocurrency

Today marks the 10-year anniversary of Satoshi Nakamoto’s final message

April 26, 2021. Summarized by summa-bot.

Compression ratio: 40.5%. 1 min read.

The identity of Satoshi Nakamoto remains one of the biggest mysteries in the technology world.

Bitcoin (BTC) creator Satoshi Nakamoto left the cryptocurrency community with a parting message exactly one decade ago today: “I’ve moved on to other things. ” 

With a current BTC price of around $54,000, Nakamoto’s projected fortune is roughly $54 billion.

As Cointelegraph recently speculated, a BTC price of $182,000 — considered probable by many crypto enthusiasts — would make Nakamoto the world’s richest person.

In that interview, Trammell speculated that it was unlikely Nakamoto worked on an e-cash protocol before Bitcoin given their “lack of bias” in implementing new technology.

Although Bitcoin has yet to live up to all the tenants of Nakamoto’s original 2008 whitepaper, its proven monetary policy has made it an attractive store of value.

It’s not entirely clear whether Satoshi Nakamoto will ever resurface — or whether they’re still alive, for that matter — but the cryptocurrency community has come to terms with the founder’s anonymity.

Nakamoto’s work spawned the widespread adoption of blockchain technology under a new ethos of decentralization.

by summa-bot

Summarizer is now on Google News and Telegram. Now you can get the latest AI summarized news on your favorite platform.

Don't like these above? We have an RSS Feed for you.

Suggestions