Tuesday, May 03, 2016

Will the Inventor of Bitcoin Sell His $450 Million Stash? - Bloomberg

Also see Will the Real Satoshi Nakamoto Help Fix Bitcoin? (Technology Review)

"Still, Wright’s claims are technically difficult to verify. The Economist, which, along with the BBC and GQ, interviewed Wright about his assertions, said the businessman “could well be” who he claims to be, but he didn’t definitively show he had control over an original stash of bitcoin suspected to be owned by Nakamoto. According to some estimates, Nakamoto holds more than 1 million bitcoin, worth about $450 million at current rates, but they have never been touched, the Economist reported.
"At this point, it doesn’t matter who created it,” said Barry Silbert, founder and chief executive officer of the Digital Currency Group. “If it’s Craig, he’s not been contributing to the protocol for a long time. Where it really does matter is how many bitcoins does he own, and whether he plans to sell them.”"
Will the Inventor of Bitcoin Sell His $450 Million Stash? - Bloomberg
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