| Mobile Web

Search results for Satoshi Nakamoto

Crypto

Who drives Bitcoin? Saylor weighs in on spam and quantum security debate

Michael Saylor, chairman of Strategy, said capital alone cannot decide consensus on the Bitcoin network, stressing decentralisation as debate grows over Bitcoin Improvement Proposals. He said no single actor can monopolise decision-making, and that investor influence is balanced by node operators and miners. Saylor added that external factors such as regulation cannot directly determine consensus, and protocol changes only take hold when validators, miners and capital markets accept new rules.

Crypto

Bitcoin identity not a tech stock or digital gold, seen through Satoshi Nakamoto remarks

As views grow that bitcoin no longer fits existing asset categories, a short message left 16 years ago by Satoshi Nakamoto is drawing attention again. Satoshi wrote in 2010 that explaining bitcoin to the public was difficult because there was nothing comparable. Markets are re-reading the remark amid debate over whether bitcoin should be viewed as a volatile tech stock or defensive digital gold, and some now frame it as a distinct asset defined by its protocol, supply cap and network metrics.

Crypto

Dormant bitcoin awakens after 14 years, ownership dispute in focus on 720,000 percent return

A cache of 30 bitcoin that had not moved for more than 14 years has recently been transferred, drawing attention. The coins were first received on Aug. 7, 2011 and moved in bitcoin block 956627. Galaxy Research said the wallet had been dormant for 14 years and 9 months, valuing the holdings at $1.88 million and calculating a 719,353 percent return based on a $9 average purchase price. The coins are linked to an ongoing ownership lawsuit in New York.