Categories: Bitcoin

The early meeting of the E-Gold founders could provide clues as to the identity of Satoshi Naka

PayPal co-founder and billionaire venture capitalist Peter Thiel believes he has an inkling of how to find Bitcoin (BTC) creator Satoshi Nakamoto, who disappeared two years after the original block of cryptocurrency was broken down in January 2009. E-Gold

His theory goes back to the first meeting of the founders of e-gold in February 2000, when about 200 people gathered on a beach in Anguilla to develop a strategy to promote a monetary system that can challenge central banks. E-gold is a digital gold coin that fell in price in 2007 after its founders were indicted by the U.S. Department of Justice.

“I met her on the beach in Anguilla in February 2000,” Thiel told a cryptocurrency conference in Miami on Wednesday, referring to the E-Gold founders. “My hypothesis about Satoshi’s identity is that Satoshi was on that beach in Anguilla.” He further stated:

“We are starting a revolution against the central banks on the beach in Anguilla. We will make PayPal interoperable with e-gold and blow up all central banks. “

The failure of e-gold may have given Satoshi the foresight to remain anonymous in building his successor. “Bitcoin is the answer to e-gold and Satoshi has learned that you have to be anonymous and not have a company,” said Thiel.

Related: Statue of Satoshi Nakamoto placed in Budapest

Not everyone believes that Nakamoto is behind previous crypto protocols. Dustin D. Trammell, one of the first cypherpunks to mine Bitcoin, says Cointelegraph Brazil in March that Nakamoto has no prejudice when it comes to implementing new technologies, which means they are approaching the project with a fresh perspective.

Nakamoto’s 2008 whitepaper spawned a trillion dollar crypto industry where tens of thousands of digital assets vied for a piece of the pie. Bitcoin is in the middle of a historic week, hitting a new all-time high of over $ 67,000 on Wednesday.

Follow the Youtube Channel | Subscribe to telegram channel | Follow the Facebook page

.

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

Recent Posts

Bybit Proof Of Reserve Shows Changes In BTC, ETH, And USDT

Bybit Proof of Reserve reveals BTC holdings at 50,412 (-8.55%), ETH at 525,641 (+8.11%), and…

2 hours ago

Bitcoin Spot ETF Inflows Reach $449M With BlackRock Leading

Key Points: Bitcoin Spot ETF Inflows totaled $449M, led by BlackRock’s $1.45B contribution. Ethereum Spot…

2 hours ago

Best New Meme Coins to Join for 2025: BTFD Coin Leads, Popcat Keeps It Purr-fect, and Non-Playable Coin Hits Gamers Hard

Discover the Best New Meme Coins to Join for 2025. BTFD Coin's price rollback offers…

4 hours ago

Solana memecoins crash while DTX Exchange hits 100,000 TPS on layer-1 blockchain

Discover how DTX Exchange's historic achievement of 100,000 transactions per second on a layer-1 blockchain…

4 hours ago

Strategic Bitcoin Reserve Expected to Cut 35% of US National Debt by 2049

VanEck suggests the U.S. could reduce its national debt by 35% by 2050 through a…

4 hours ago

The New Lead of Presidential Crypto Council Appointed by Trump Is Bo Hines

President-elect Donald Trump named Bo Hines as the executive director of the presidential crypto council.

5 hours ago

This website uses cookies.