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Satoshi’s identity in jeopardy? McAfee promises to divulge information on the person behind Bitcoin




Satoshi's identity in jeopardy? McAfee promises to divulge information on the person behind Bitcoin
Source: Unsplash

John McAfee, the creator of McAfee antivirus and computer and cybersecurity genius, promised his fans that he would reveal the true identity of the person behind Bitcoin. McAfee’s earlier tweets hinted that there were a few people in the crypto-space who knew the actual identity of Satoshi Nakamoto.

John McAfee’s recent tweets created a sense of excitement and enthusiasm on social media, as he posted:

McAfee claimed that there was a lot of energy and time being spent on the identity of Satoshi Nakamoto, which led him to divulge tiny bits of information every day until the identity of the creator of Bitcoin becomes public. This recent tweet by McAfee is among a string of responses to the recent controversy surrounding Craig Wright and Calvin Ayre, who are legally serving “harassment and libel” lawsuits to people who had claimed that he [Craig Wright] was a fraud and wasn’t Satoshi Nakamoto.

McAfee updated his previous tweet with another, which read:

People in the community started narrowing down the names by guessing the most popular people who could have created Bitcoin; some of those guesses include, Hal Finney, Elon Musk, John McAfee, etc.  Some people even suggested that Satoshi Nakamoto should sign a wallet saying “I am not Craig Wright”.

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Akash is your usual Mechie with an unusual interest in cryptos and day trading, ergo, a full-time journalist at AMBCrypto. Holds XRP due to peer pressure but otherwise found day trading with what little capital that he owns.


Bitcoin [BTC] sees higher on-chain transaction volume than American Express

Akash Anand



Source: Pixabay

The cryptocurrency market has received a boost in terms of value and market cap, with many attributing it to the surge in Bitcoin’s [BTC] prices. The world’s largest cryptocurrency was holding near the $8000 mark, with a total market cap of $140.11 billion, at press time.

Bitcoin’s relevance and repercussions were shown in a different light after Kevin Rooke, a Bitcoin enthusiast, compared the daily volumes settled using Bitcoin, with other traditional methods of transactions. Rooke claimed that Bitcoin settles more than $6 billion worth of transactions on a daily basis, a fantastic achievement for a virtual asset that is just over a decade old.

According to his analysis, Visa processes $30.3 billion worth of transactions, while MasterCard witnessed a daily transaction volume of $16.2 billion. Even though Bitcoin was third on the list, it was still ahead of market standards like American Express, which only had half of Bitcoin’s portfolio at $3.2 billion.

Another important takeaway from the analysis was that other cryptocurrency-focused companies were also entering the race to grab more market share. An example of this transition was the entry of the Jack Dorsey-led Square in the list, seeing a whopping $200 million being carried out in the form of transactions on the platform.

Many users interested in the space provided their own perspective to Rooke’s observation, with James Edwards, a cryptocurrency enthusiast, commenting,

“We’ve been here before. You’re well aware that these aren’t true transactions (ie, exchange for services rendered) but are exchange transactions, wallets moving etc. We’re all on the same team here, so why pander falsities?”

To this, Rooke replied,

“These are on-chain transactions. Exchange volume is not considered here.”

Bitcoin has received a lot of positive affirmation recently, with the latest person to praise the world’s largest cryptocurrency being Mark Yusko, CEO of Morgan Creek Digital Capital. He claimed,

“Morgan Creek had launched the cryptocurrency challenge back in December and there were not many takers. In a way that was good because BTC is up by more than a 100 percent right now, which is a much better hit rate than that of the S&P market. We will see that in the next 10 years, Bitcoin will outstrip even its current performance and maybe even more.”

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