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Len Sassaman
Len Sassaman
(1980–2011) was a prominent American technologist, information privacy advocate, and a key figure in the cypherpunk movement. He is recognized for his significant contributions to cryptography and digital privacy protocols, and speculation exists that he may have been the anonymous creator of Bitcoin, Satoshi Nakamoto.
Key Contributions and Career
Cryptography and Privacy: Sassaman was a strong advocate for using cryptography to protect individual freedoms in the digital age. He worked with Phil Zimmermann on the development of the widely used Pretty Good Privacy (PGP) encryption software and its update, GNU Privacy Guard.Mixmaster: One of his major contributions was serving as the lead maintainer and operator of the Mixmaster anonymous remailer code, a system designed to send untraceable messages by stripping original headers and routing messages through multiple intermediaries.Internet Standards: At just 18 years old, he joined the Internet Engineering Task Force (IETF) and contributed to the development of the fundamental TCP/IP protocol.Conferences and Research: He co-founded CodeCon, an annual conference for tech enthusiasts, and the HotPETS workshop, which focused on privacy-enhancing technologies. He was also a doctoral student at the Katholieke Universiteit Leuven in Belgium, where he researched under notable cryptographers David Chaum and Bart Preneel.
The Satoshi Nakamoto Theory
Due to his extensive expertise in cryptography, anonymity networks, and his sudden death coinciding with the end of Satoshi Nakamoto's online activity, many have speculated that Sassaman was the creator of Bitcoin. Circumstantial evidence supporting this theory includes:
Expertise: He possessed the technical knowledge and community connections to create Bitcoin.Timing: Nakamoto went silent two months before Sassaman's suicide in July 2011.Memorial: A tribute to Sassaman, encoded by his friend Dan Kaminsky, is permanently embedded in Bitcoin block 138,725.
Despite the speculation, his wife, Meredith L. Patterson, has stated that she does not believe her husband was Satoshi Nakamoto. His influence on modern digital privacy and security is considered foundational, regardless of the speculation.
(1980–2011) was a prominent American technologist, information privacy advocate, and a key figure in the cypherpunk movement. He is recognized for his significant contributions to cryptography and digital privacy protocols, and speculation exists that he may have been the anonymous creator of Bitcoin, Satoshi Nakamoto.
Key Contributions and Career
Cryptography and Privacy: Sassaman was a strong advocate for using cryptography to protect individual freedoms in the digital age. He worked with Phil Zimmermann on the development of the widely used Pretty Good Privacy (PGP) encryption software and its update, GNU Privacy Guard.Mixmaster: One of his major contributions was serving as the lead maintainer and operator of the Mixmaster anonymous remailer code, a system designed to send untraceable messages by stripping original headers and routing messages through multiple intermediaries.Internet Standards: At just 18 years old, he joined the Internet Engineering Task Force (IETF) and contributed to the development of the fundamental TCP/IP protocol.Conferences and Research: He co-founded CodeCon, an annual conference for tech enthusiasts, and the HotPETS workshop, which focused on privacy-enhancing technologies. He was also a doctoral student at the Katholieke Universiteit Leuven in Belgium, where he researched under notable cryptographers David Chaum and Bart Preneel.
The Satoshi Nakamoto Theory
Due to his extensive expertise in cryptography, anonymity networks, and his sudden death coinciding with the end of Satoshi Nakamoto's online activity, many have speculated that Sassaman was the creator of Bitcoin. Circumstantial evidence supporting this theory includes:
Expertise: He possessed the technical knowledge and community connections to create Bitcoin.Timing: Nakamoto went silent two months before Sassaman's suicide in July 2011.Memorial: A tribute to Sassaman, encoded by his friend Dan Kaminsky, is permanently embedded in Bitcoin block 138,725.
Despite the speculation, his wife, Meredith L. Patterson, has stated that she does not believe her husband was Satoshi Nakamoto. His influence on modern digital privacy and security is considered foundational, regardless of the speculation.
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Harold Thomas Finney II was an American software developer. In his early career, he was credited as lead developer on several console games. He later worked for PGP Corporation. He was an early Bitcoin contributor, and received the first Bitcoin transaction from the currency's creator Satoshi Nakamoto.
About
Born: 4 May 1956, Coalinga, California, United States
Died: 28 August 2014 (age 58 years), Scottsdale, Arizona, United States
Education: California Institute of Technology (1979), Arcadia High School
Nationality: American
Known for: First Bitcoin recipient
Resting place: Cryopreserved at Alcor Life Extension Foundation
About
Born: 4 May 1956, Coalinga, California, United States
Died: 28 August 2014 (age 58 years), Scottsdale, Arizona, United States
Education: California Institute of Technology (1979), Arcadia High School
Nationality: American
Known for: First Bitcoin recipient
Resting place: Cryopreserved at Alcor Life Extension Foundation
Visualizing the State of World Debt in 2025
As of late 2025, global debt is hovering around $346 trillion, representing roughly 310% of the world's GDP, with major contributions from developed nations like the U.S. and Japan, as borrowing by governments, companies, and households continues to rise, creating significant refinancing risks and increased interest costs.
Key Figures & Trends:
Total Debt: Reached nearly $346 trillion by September 2025, according to the Institute of International Finance (IIF).
Debt-to-GDP Ratio: Around 310%, a stable ratio but at a record high.
Drivers: Increased government borrowing (post-pandemic, infrastructure), corporate investment, and household financing for homes and education.
Risk Factor: Higher interest rates mean higher costs to service this debt, with significant amounts maturing in the next few years.
Breakdown by Sector (Approximate):
Government Debt: Over $100 trillion for public debt alone, with advanced economies facing high ratios (U.S. ~120-123%, Japan ~236%, etc.).
Corporate & Household Debt: Also substantial, making up the larger global figure.
Context: Debt allows for spending beyond immediate income, funding growth and crises, but its sheer size raises concerns about sustainability and future economic stability.
As of late 2025, global debt is hovering around $346 trillion, representing roughly 310% of the world's GDP, with major contributions from developed nations like the U.S. and Japan, as borrowing by governments, companies, and households continues to rise, creating significant refinancing risks and increased interest costs.
Key Figures & Trends:
Total Debt: Reached nearly $346 trillion by September 2025, according to the Institute of International Finance (IIF).
Debt-to-GDP Ratio: Around 310%, a stable ratio but at a record high.
Drivers: Increased government borrowing (post-pandemic, infrastructure), corporate investment, and household financing for homes and education.
Risk Factor: Higher interest rates mean higher costs to service this debt, with significant amounts maturing in the next few years.
Breakdown by Sector (Approximate):
Government Debt: Over $100 trillion for public debt alone, with advanced economies facing high ratios (U.S. ~120-123%, Japan ~236%, etc.).
Corporate & Household Debt: Also substantial, making up the larger global figure.
Context: Debt allows for spending beyond immediate income, funding growth and crises, but its sheer size raises concerns about sustainability and future economic stability.
Global markets are generally falling today (December 12, 2025) due to investors reacting to high interest rate signals from the US Federal Reserve, growing worries about AI stock valuations, potential weakening of US-China trade relations, significant profit-booking after recent rallies, and concerns over specific sectors like tech and real estate, leading to broad risk-off sentiment.
Key Factors Driving the Decline:
Higher-for-Longer Interest Rates: Comments or data suggesting the Fed might keep rates elevated longer than anticipated dampens investor enthusiasm, making borrowing costlier for companies and reducing stock appeal.
AI Hype Cools: After a strong run, some investors are taking profits and questioning the extreme valuations of AI-related stocks, causing a sector pullback.
Geopolitical & Trade Uncertainty: Lingering US-China trade tensions and policy unpredictability create market jitters, especially for global supply chains.
Inflation & Economic Data: Stronger-than-expected economic data can push yields up, signaling persistent inflation and prompting rate hike fears, while upcoming inflation reports (like PCE) create anticipation and volatility.
Profit-Booking & Expiry: Ahead of major options/futures (F&O) expirations, investors often sell existing holdings to lock in profits, adding downward pressure.
Sector-Specific Weakness: Weak guidance from major tech companies (like Meta) or slowing performance in key areas like Chinese semiconductor stocks can drag down broader indices. In essence, it's a mix of macroeconomic caution (rates, inflation) and profit-taking after a strong market run, amplified by global uncertainties.
Key Factors Driving the Decline:
Higher-for-Longer Interest Rates: Comments or data suggesting the Fed might keep rates elevated longer than anticipated dampens investor enthusiasm, making borrowing costlier for companies and reducing stock appeal.
AI Hype Cools: After a strong run, some investors are taking profits and questioning the extreme valuations of AI-related stocks, causing a sector pullback.
Geopolitical & Trade Uncertainty: Lingering US-China trade tensions and policy unpredictability create market jitters, especially for global supply chains.
Inflation & Economic Data: Stronger-than-expected economic data can push yields up, signaling persistent inflation and prompting rate hike fears, while upcoming inflation reports (like PCE) create anticipation and volatility.
Profit-Booking & Expiry: Ahead of major options/futures (F&O) expirations, investors often sell existing holdings to lock in profits, adding downward pressure.
Sector-Specific Weakness: Weak guidance from major tech companies (like Meta) or slowing performance in key areas like Chinese semiconductor stocks can drag down broader indices. In essence, it's a mix of macroeconomic caution (rates, inflation) and profit-taking after a strong market run, amplified by global uncertainties.
The Ukraine war became the first major conflict heavily involving cryptocurrency, serving as a double-edged sword: Ukraine used it for massive global fundraising (hundreds of millions for defense) due to its speed and decentralization, while Russian-aligned groups used it to evade sanctions and fund war efforts. It highlighted crypto's potential as a financial tool and geopolitical asset, prompting global calls for stronger regulation to curb its use in conflict financing and sanction evasion, with studies showing mixed impacts on crypto markets, sometimes acting as a hedge.
Ukraine's Use of Crypto
Rapid Fundraising: Ukraine raised over $200 million in crypto for defense, buying gear, drones, and medical supplies, bypassing traditional banking hurdles.
Direct Government Support: The Ukrainian government directly solicited and received crypto donations via social media.
Decentralization: Crypto's decentralized nature enabled quick, borderless transfers, crucial for wartime funding.
Russia's Use of Crypto
Sanction Evasion: Russian militia groups and hackers used digital currencies to circumvent international sanctions.
Funding Militias: Funds were used to purchase supplies and support training for Russian-affiliated forces.
Market & Regulatory Impact
Geopolitical Tool: The conflict showed crypto's power as a geopolitical instrument, not just a financial one.
Regulatory Scrutiny: Global bodies like the IMF and FATF called for stricter crypto regulations to prevent use in financing conflicts and sanctions.
Market Volatility: Research showed mixed effects, with some negative war events leading to positive crypto returns, suggesting potential as a hedge or safe haven, similar to gold.
Supply Chain & Sanctions: Some crypto-related companies halted operations in Russia, affecting access to hardware like cold wallets.
Key Takeaway
The Russia-Ukraine war demonstrated cryptocurrency's significant, complex role in modern conflict, transforming it into a vital asset for both humanitarian aid/defense and illicit financing, pushing regulators to address its vulnerabilities.
Ukraine's Use of Crypto
Rapid Fundraising: Ukraine raised over $200 million in crypto for defense, buying gear, drones, and medical supplies, bypassing traditional banking hurdles.
Direct Government Support: The Ukrainian government directly solicited and received crypto donations via social media.
Decentralization: Crypto's decentralized nature enabled quick, borderless transfers, crucial for wartime funding.
Russia's Use of Crypto
Sanction Evasion: Russian militia groups and hackers used digital currencies to circumvent international sanctions.
Funding Militias: Funds were used to purchase supplies and support training for Russian-affiliated forces.
Market & Regulatory Impact
Geopolitical Tool: The conflict showed crypto's power as a geopolitical instrument, not just a financial one.
Regulatory Scrutiny: Global bodies like the IMF and FATF called for stricter crypto regulations to prevent use in financing conflicts and sanctions.
Market Volatility: Research showed mixed effects, with some negative war events leading to positive crypto returns, suggesting potential as a hedge or safe haven, similar to gold.
Supply Chain & Sanctions: Some crypto-related companies halted operations in Russia, affecting access to hardware like cold wallets.
Key Takeaway
The Russia-Ukraine war demonstrated cryptocurrency's significant, complex role in modern conflict, transforming it into a vital asset for both humanitarian aid/defense and illicit financing, pushing regulators to address its vulnerabilities.
Both the Russia-Ukraine war and the implementation of tariffs generally cause short-term negative impacts and increased volatility in the cryptocurrency market, though in the long-term, they can sometimes drive crypto adoption as a potential hedge against fiat currency devaluation and economic instability.
Impact of the Russia-Ukraine War
The Russia-Ukraine war has had a complex, largely negative, but also transformative effect on the cryptocurrency market:
Increased Volatility and Negative Returns: The initial invasion in February 2022 led to significant market volatility and a sharp decline in the prices of major cryptocurrencies like Bitcoin and Ethereum, as investors moved away from riskier assets.Safe Haven Ambiguity: While some investors hoped crypto would act as a "safe haven" like gold, during the initial crisis, it largely correlated with traditional stock markets and did not immediately show safe-haven characteristics.
Humanitarian Aid and Sanction Evasion: The conflict highlighted practical use cases for crypto, such as facilitating quick cross-border humanitarian aid to Ukraine and, conversely, being used by some Russians to circumvent economic sanctions, leading to increased trading volumes in both countries.Long-Term Resilience/Positive Returns: Some later studies, using data up to September 2023, suggest a significant positive relationship between the war index and cryptocurrency returns, indicating the asset class's potential for diversification and resilience during prolonged geopolitical turmoil.Impact of Tariffs, as a form of macroeconomic policy, indirectly affect the crypto market primarily through increased market uncertainty and their impact on operational costs:
Short-Term Volatility and Price Drops: Announcements of new tariffs, such as those in early 2025, have triggered significant downturns in the crypto market, as investors typically become risk-averse and sell off speculative assets like cryptocurrencies amidst global trade tensions.Inflation and Interest Rates: Tariffs can lead to higher prices for imported goods, payments.
Impact of the Russia-Ukraine War
The Russia-Ukraine war has had a complex, largely negative, but also transformative effect on the cryptocurrency market:
Increased Volatility and Negative Returns: The initial invasion in February 2022 led to significant market volatility and a sharp decline in the prices of major cryptocurrencies like Bitcoin and Ethereum, as investors moved away from riskier assets.Safe Haven Ambiguity: While some investors hoped crypto would act as a "safe haven" like gold, during the initial crisis, it largely correlated with traditional stock markets and did not immediately show safe-haven characteristics.
Humanitarian Aid and Sanction Evasion: The conflict highlighted practical use cases for crypto, such as facilitating quick cross-border humanitarian aid to Ukraine and, conversely, being used by some Russians to circumvent economic sanctions, leading to increased trading volumes in both countries.Long-Term Resilience/Positive Returns: Some later studies, using data up to September 2023, suggest a significant positive relationship between the war index and cryptocurrency returns, indicating the asset class's potential for diversification and resilience during prolonged geopolitical turmoil.Impact of Tariffs, as a form of macroeconomic policy, indirectly affect the crypto market primarily through increased market uncertainty and their impact on operational costs:
Short-Term Volatility and Price Drops: Announcements of new tariffs, such as those in early 2025, have triggered significant downturns in the crypto market, as investors typically become risk-averse and sell off speculative assets like cryptocurrencies amidst global trade tensions.Inflation and Interest Rates: Tariffs can lead to higher prices for imported goods, payments.
#BTCVSGOLD
Gold has significantly outperformed Bitcoin over the last six months, driven by economic uncertainty and inflation concerns. As of early December 2025, gold's price has increased by over 26% since June 2025, while Bitcoin's price has experienced a decrease of over 8% in USD.
Performance Comparison
Gold has seen a steady rise, reaching new highs. Bitcoin has experienced significant volatility and a notable downturn in November 2025.
Asset Price (June 9, 2025) Price (Dec 4-5, 2025) % Change (Approx)
Gold (USD per oz) $3,354.90 $4,235.40 +26.25%
Bitcoin (USD) Approx. $90,633 Approx. $83,000 -8.4%
Market Drivers
Gold: Prices have been fueled by ongoing inflation and economic uncertainty, leading investors to diversify into safe-haven assets.
Bitcoin: The cryptocurrency has tumbled into a bear market recently, with some analysts from JPMorgan suggesting its price direction near-term might depend on large holders' resilience. Despite the recent drop, some price predictions for the next 6-12 months are high.
Gold has significantly outperformed Bitcoin over the last six months, driven by economic uncertainty and inflation concerns. As of early December 2025, gold's price has increased by over 26% since June 2025, while Bitcoin's price has experienced a decrease of over 8% in USD.
Performance Comparison
Gold has seen a steady rise, reaching new highs. Bitcoin has experienced significant volatility and a notable downturn in November 2025.
Asset Price (June 9, 2025) Price (Dec 4-5, 2025) % Change (Approx)
Gold (USD per oz) $3,354.90 $4,235.40 +26.25%
Bitcoin (USD) Approx. $90,633 Approx. $83,000 -8.4%
Market Drivers
Gold: Prices have been fueled by ongoing inflation and economic uncertainty, leading investors to diversify into safe-haven assets.
Bitcoin: The cryptocurrency has tumbled into a bear market recently, with some analysts from JPMorgan suggesting its price direction near-term might depend on large holders' resilience. Despite the recent drop, some price predictions for the next 6-12 months are high.
PGP (Pretty Good Privacy)
Philip R. Zimmermann is an American computer scientist and cryptographer. He is the creator of Pretty Good Privacy, the most widely used email encryption software in the world. He is also known for his work in VoIP encryption protocols, notably ZRTP and Zfone.
Phil Zimmermann is an American computer scientist and cryptographer widely recognized as the creator of Pretty Good Privacy (PGP), the most used software for email encryption. His work has been pivotal in the fight for digital privacy and has earned him numerous awards.
Key Contributions and Career
Pretty Good Privacy (PGP): In 1991, motivated by a proposed bill that would have mandated government "back doors" in all communication systems, Zimmermann developed and released PGP for free to the public. It was the first widely available program to implement public-key cryptography, a move intended to democratize online privacy for ordinary people and human rights activists worldwide.
"Crypto Wars": The international distribution of PGP, which used an encryption key length considered a "munition" under U.S. export law at the time, led to a three-year criminal investigation by the U.S. government. The case was eventually dropped without indictment in 1996, and the ensuing legal battles helped establish that software code is a form of speech protected by the First Amendment.
Silent Circle: Zimmermann co-founded Silent Circle in 2012, a secure communications company offering encrypted hardware and subscription software.
VoIP Encryption: He is also known for developing the ZRTP protocol and the related Zfone software for secure Voice over IP (VoIP) encryption.
"Zimmermann's Law": He famously stated, "The natural flow of technology tends to move in the direction of making surveillance easier," a concept often referred to as "Zimmermann's Law".
Recognition
Zimmermann has received many technical and humanitarian awards, including:
The Electronic Frontier Foundation (EFF) Pioneer Award in 1995.
Induction into the Internet Hall of Fame in 2012.
An honorary doctorate from the Université libre de Bruxelles in 2016.
More information is available on Phil Zimmermann's official website, philzimmermann.com.
Phil Zimmermann is an American computer scientist and cryptographer widely recognized as the creator of Pretty Good Privacy (PGP), the most used software for email encryption. His work has been pivotal in the fight for digital privacy and has earned him numerous awards.
Key Contributions and Career
Pretty Good Privacy (PGP): In 1991, motivated by a proposed bill that would have mandated government "back doors" in all communication systems, Zimmermann developed and released PGP for free to the public. It was the first widely available program to implement public-key cryptography, a move intended to democratize online privacy for ordinary people and human rights activists worldwide.
"Crypto Wars": The international distribution of PGP, which used an encryption key length considered a "munition" under U.S. export law at the time, led to a three-year criminal investigation by the U.S. government. The case was eventually dropped without indictment in 1996, and the ensuing legal battles helped establish that software code is a form of speech protected by the First Amendment.
Silent Circle: Zimmermann co-founded Silent Circle in 2012, a secure communications company offering encrypted hardware and subscription software.
VoIP Encryption: He is also known for developing the ZRTP protocol and the related Zfone software for secure Voice over IP (VoIP) encryption.
"Zimmermann's Law": He famously stated, "The natural flow of technology tends to move in the direction of making surveillance easier," a concept often referred to as "Zimmermann's Law".
Recognition
Zimmermann has received many technical and humanitarian awards, including:
The Electronic Frontier Foundation (EFF) Pioneer Award in 1995.
Induction into the Internet Hall of Fame in 2012.
An honorary doctorate from the Université libre de Bruxelles in 2016.
More information is available on Phil Zimmermann's official website, philzimmermann.com.
Satoshi Era whale bought 385,000 $ETH worth of $1.3billion.
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Top crypto coins and their founders
Honeypot
"A honeypot" in crypto is a scam designed to attract investors with seemingly high profits but contains malicious code that prevents victims from withdrawing their funds. These fraudulent schemes exploit technical vulnerabilities and psychological factors like greed to steal assets. Once trapped, the scammers can drain all the collected funds and disappear.
How a crypto honeypot scam works
Honeypot scams can take several forms, including fake tokens, wallets, or exchanges, but they generally follow a similar pattern:
The setup: A malicious smart contract is deployed, appearing legitimate but with hidden code that restricts transactions for certain wallets.The bait: Scammers promote the project through social media, fake endorsements, or promises of high returns to attract investors.The trap: Victims deposit funds or buy the token. When they try to sell or withdraw their assets, the malicious code in the smart contract blocks the transaction, locking their funds.Automated theft: Automated scripts, known as "sweeper bots," can instantly transfer any funds sent to a compromised wallet, ensuring the scammer gets the assets.The exit scam: After collecting enough funds, the scammers drain the liquidity pool, vanish from social media, and abandon the project, leaving investors with worthless tokens.
How to spot a crypto honeypot
Vigilance and research are key to identifying and avoiding honeypots. Look out for the following red flags:
Unrealistic promises: Be cautious of any project offering guaranteed or unusually high returns with minimal effort.Suspicious wallet activity: Use a blockchain explorer like Etherscan to check the token's transaction history. A major red flag is a lack of "sell" transactions or a pattern where incoming funds are immediately transferred out.Lack of transparency: Avoid projects with anonymous teams or those that have not been audited by a reputable security firm.Unusual token behavior: Monitor the token's trading behavior. An "all-green" chart with no sell transactions is a clear indicator of a honeypot.Limited withdrawals: Test selling a small amount of the token first. If it is restricted or impossible to sell, it is likely a honeypot.Pressure tactics: Scammers often create a sense of urgency to pressure investors into making quick decisions.Honeypot detection tools: Use tools like Token Sniffer and HoneypotDetector to analyze a smart contract before investing.
How a crypto honeypot scam works
Honeypot scams can take several forms, including fake tokens, wallets, or exchanges, but they generally follow a similar pattern:
The setup: A malicious smart contract is deployed, appearing legitimate but with hidden code that restricts transactions for certain wallets.The bait: Scammers promote the project through social media, fake endorsements, or promises of high returns to attract investors.The trap: Victims deposit funds or buy the token. When they try to sell or withdraw their assets, the malicious code in the smart contract blocks the transaction, locking their funds.Automated theft: Automated scripts, known as "sweeper bots," can instantly transfer any funds sent to a compromised wallet, ensuring the scammer gets the assets.The exit scam: After collecting enough funds, the scammers drain the liquidity pool, vanish from social media, and abandon the project, leaving investors with worthless tokens.
How to spot a crypto honeypot
Vigilance and research are key to identifying and avoiding honeypots. Look out for the following red flags:
Unrealistic promises: Be cautious of any project offering guaranteed or unusually high returns with minimal effort.Suspicious wallet activity: Use a blockchain explorer like Etherscan to check the token's transaction history. A major red flag is a lack of "sell" transactions or a pattern where incoming funds are immediately transferred out.Lack of transparency: Avoid projects with anonymous teams or those that have not been audited by a reputable security firm.Unusual token behavior: Monitor the token's trading behavior. An "all-green" chart with no sell transactions is a clear indicator of a honeypot.Limited withdrawals: Test selling a small amount of the token first. If it is restricted or impossible to sell, it is likely a honeypot.Pressure tactics: Scammers often create a sense of urgency to pressure investors into making quick decisions.Honeypot detection tools: Use tools like Token Sniffer and HoneypotDetector to analyze a smart contract before investing.
$BTC
BLACKROCK IS SELLING $BTC
BINANCE IS SELLING $BTC
WINTERMUTE IS SELLING $BTC
THEY’VE DUMPED OVER $1 BILLION AND KEEP SELLING NON-STOP
DON’T GET SHAKEN OUT - THIS IS PURE MANIPULATION!
BLACKROCK IS SELLING $BTC
BINANCE IS SELLING $BTC
WINTERMUTE IS SELLING $BTC
THEY’VE DUMPED OVER $1 BILLION AND KEEP SELLING NON-STOP
DON’T GET SHAKEN OUT - THIS IS PURE MANIPULATION!
Nick Szabo, a computer scientist and cryptographer, is widely considered a likely candidate for being Bitcoin's creator, Satoshi Nakamoto, due to his pioneering work on "Bit Gold," a predecessor to Bitcoin. However, Szabo has repeatedly denied being Nakamoto, and no conclusive proof exists.
Key facts about Nick Szabo's connection to Bitcoin:
Bit Gold: In 1998, Szabo conceived of "Bit Gold," a decentralized digital currency that incorporated several core elements later found in Bitcoin, such as a proof-of-work system to create digital scarcity. He even posted a request for help coding it in 2008, just six months before the Bitcoin whitepaper was published.
Conceptual Alignment: Szabo's libertarian views and distrust of third parties in financial systems, which he detailed in his writings, align closely with the philosophy behind Bitcoin's decentralized structure.
Linguistic Analysis: In 2014, forensic linguists at Aston University concluded that Szabo's writing style was a strong match for the Bitcoin whitepaper, strengthening the suspicion. Other linguistic studies have produced mixed results, suggesting that Satoshi may have been a group.
Denials and Counter-evidence: Szabo has consistently denied being Satoshi Nakamoto. Furthermore, when asked about Szabo, another cryptographer who was a suspect, Wei Dai, pointed out that Satoshi seemed initially unaware of Szabo's Bit Gold proposal, a detail that seems unlikely if they were the same person. A statement by Satoshi also indicated he was not a lawyer, whereas Szabo has a law degree.
Influence, not Invention: Although he is not definitively the creator, Szabo's influence is undeniable. His prior work on digital currencies and smart contracts laid important groundwork that inspired Bitcoin's design. In a later message, Satoshi even acknowledged that Bitcoin was an "implementation of Wei Dai's b-money proposal on Cypherpunks in 1998 and Nick Szabo's Bitgold proposal".
Key facts about Nick Szabo's connection to Bitcoin:
Bit Gold: In 1998, Szabo conceived of "Bit Gold," a decentralized digital currency that incorporated several core elements later found in Bitcoin, such as a proof-of-work system to create digital scarcity. He even posted a request for help coding it in 2008, just six months before the Bitcoin whitepaper was published.
Conceptual Alignment: Szabo's libertarian views and distrust of third parties in financial systems, which he detailed in his writings, align closely with the philosophy behind Bitcoin's decentralized structure.
Linguistic Analysis: In 2014, forensic linguists at Aston University concluded that Szabo's writing style was a strong match for the Bitcoin whitepaper, strengthening the suspicion. Other linguistic studies have produced mixed results, suggesting that Satoshi may have been a group.
Denials and Counter-evidence: Szabo has consistently denied being Satoshi Nakamoto. Furthermore, when asked about Szabo, another cryptographer who was a suspect, Wei Dai, pointed out that Satoshi seemed initially unaware of Szabo's Bit Gold proposal, a detail that seems unlikely if they were the same person. A statement by Satoshi also indicated he was not a lawyer, whereas Szabo has a law degree.
Influence, not Invention: Although he is not definitively the creator, Szabo's influence is undeniable. His prior work on digital currencies and smart contracts laid important groundwork that inspired Bitcoin's design. In a later message, Satoshi even acknowledged that Bitcoin was an "implementation of Wei Dai's b-money proposal on Cypherpunks in 1998 and Nick Szabo's Bitgold proposal".
A Bitcoin mine in Inner Mongolia saw its profits collapse this winter. For days, no one could figure out why, until they went underground. There, hundreds of stray cats were found curled up on the GPUs, using them as heaters. Each cat had claimed its own “bed,” worth millions of dollars in mining power. The owner, described as a cat lover, responded by purchasing over 200 heating mats and setting up a separate warm room for the cats, after which the mining rigs returned to normal.
Top 20 coins performance over 90 days
$ZEC
$ZEC
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🤭
$COTI
$COTI
Satoshi Nakamoto net value fell by $6.75 billions as bitcoin price tumbles.
$BTC
$BTC
🚨BREAKING: Michael Burry is back again from "The Big Short" betting against $PLTR and $NVDA with a short positions in his latest 13F filing.
Scion Capital just bought puts options on 1M Nvidia shares and 5M Palantir shares.
Updates from Burry's 13F and $PFE $HAL $MOH $LULU are his long positions.
Scion Capital just bought puts options on 1M Nvidia shares and 5M Palantir shares.
Updates from Burry's 13F and $PFE $HAL $MOH $LULU are his long positions.
Signal for bull market, to the moon🚀🚀🌕
😂😂
$BTC
$BTC
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