With Craig Wright filing for copyright on the original Bitcoin whitepaper and other big players publicly criticizing the move, the cryptocurrency ecosystem is divided again with respect to the debate on the real identity of Bitcoin’s creator. John McAfee was one of those who had previously voiced his opinion on the subject. On a recent online podcast, the software pioneer answered why he chose not to disclose the “real Satoshi Nakamoto’s” identity.
McAfee said that he chose not to reveal Satoshi Nakamoto’s real identity because “uncovering the secret” could potentially have him extradited, since going against the will of one of the richest men in the world would put him in “deep shit.” He added,
“I cannot tolerate any further legal activities pointed at me. But if you take the white paper and you run the modern analysis against it and analysis of other papers, assuming that satoshi wrote other things, which he did, it’s an open and shut case.”
During the interview, McAfee also boasted that “he/she/they (Satoshi Nakamoto) are so easy to get through, any fool could find them.” Further, he believes that the supposedly ‘big reveal’ will be a tragic disappointment as,
“The real Satoshi doesn’t want to anyone to know. It’s the same thing Craig Wright is doing.”
While dismissing anyone who has already claimed to be the pseudonymous creator of Bitcoin, McAfee hinted that the man in question may be hiding in a country with no income tax, such as The Bahamas. He added that he is certain of Bitcoin reaching $1 million by the end of 2020, which is the same reason for him going long. The technology veteran ended the podcast by glorifying the cryptospace, stating,
“This is a ‘new world’ demanding a ‘new paradigm’ starting from brand new location, which did not even exist 10 years ago. So wake up.”
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Economist Stephen Moore joins project touted to be ‘world’s first decentralized crypto central bank’
Stephen Moore, former member of the Wall Street Journal editorial board and popular economist, recently attempted to join the Federal Reserve. Alas, he was denied the opportunity. Now, the economist is back in the news again.
According to a report by Fox Business, Moore has joined a group of entrepreneurs who plan to kick-start their very own ‘Federal entity’ named “Decentral,” which incidentally will be labelled as the “the world’s decentralized central bank.”
Sam Kazemian, CEO of Decentral, said that the endeavor’s major objective was to create a new type of central bank that would stabilize virtual assets such as Bitcoin and its counterparts. The bank would work on the same lines as the Federal Reserve does for the U.S economy. Decentral plans to carry forward responsibilities in terms of regulating the supply of cryptocurrencies in the market, in the same manner. Apparently, Decentral will also issue its own crypto tokens in the exchange for other digital assets, with the valuation of the token tied to a stable assessment method.
While Moore has been hired as a Chief Economist, it was reported that his role within the company is still “unclear.” Moore said,
“I am really excited about doing this. I hope it makes me rich.”
Moore also drew comparisons between Facebook’s recently unveiled Libra and Decentral’s offer. He stated that the Decentral crypto would offer a payment method that would be pegged to a stable currency and it would present major uniformity and reliability in the digital asset space, which is often divided among other major cryptos.
Moore added that his employment with a cryptocurrency-backed entity did not create a wedge between his work as an economist. In the current scenario, cryptocurrencies have a huge role to play in the economy, in a way not contradictory to Federal Reserve policies, he added.
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