Satoshi nakamoto interview the future of bitcoin cash
Cryptocurrency wallets such as the Ledger hardware wallet, [36] KeepKey hardware wallet, [37] Electron Cash software wallet [38] and Bitcoin. Bitcoin Cash is also supported by the Trezor hardware wallet [40] [41] and the Blockchain. From Wikipedia, the free encyclopedia. The neutrality of this article is disputed.
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And new theories arise all the time, especially as the price of bitcoin — and Satoshi's potential fortune — skyrockets. In fact, I set out to write this very text just months ago and gave up after a few sentences. I didn't think that would happen for quite a while. Fast forward to today, and the price of Bitcoin is up 1, percent this year, far beyond the predictions of even the most bullish Bitcoin experts.
The way things are looking now, I'd be surprised if Satoshi didn't break the top 10 list next year. But let's, for a second, take this a step further. It's a crazy figure but one that has been thrown around before, for example, by hedge fund manager James Altucher. This type of sustained growth does not happen often — even the most successful companies such as Apple or Google grew at a much slower pace. But look at that Forbes list and name one other person other than Nakamoto who has a better chance of becoming a trillionaire soon.
Satoshi is not the only person who owns enough bitcoins for his fortune to become noticeable. Prominent Bitcoin investors Barry Silbert and Tim Draper, both of whom bought a significant amount of bitcoins from the U.
Whoever made the decision not to auction those bitcoins right away or perhaps it was the slow grind of bureaucracy potentially earned the Bulgarian government billions of dollars. At some point, the price of Bitcoin will stop rising — or it will at least slow down considerably. But its growth in the last two years has been so extraordinary that no prediction seems entirely impossible.
And with each price jump, Satoshi's possible fortune becomes more incredible — and more dangerous. What happens if Satoshi decides to move some of his coins? No one knows — but Bitcoin did, in part, thrive due to its founder's anonymity.
A single transaction, a fraction of a bitcoin sent from Satoshi's address to some other address, could cause major ripples in the cryptocurrency world. And therein lies the catch.
If Satoshi tries to spend any of his fortune, they might cause irreparable damage to Bitcoin. Suddenly, there would be a head to cut off — or at least disagree with. And if they want to remain anonymous, all they get from his invention is watching as his potential fortune increases, a fortune that they cannot spend. Given Satoshi's silence in the last six years, it's quite likely that we may never hear from him or her again.
And it's not unimaginable that one day the richest man in the world — perhaps even the first trillionaire — will head Forbes' billionaires list with a placeholder photo. We're using cookies to improve your experience. Click Here to find out more.