I’m sick of hearing people say that they don’t care who
Satoshi is, or that it doesn’t matter.
I care who Satoshi is because it does matter, a lot. There
are a couple of reasons:
Satoshi is the genius inventor of a protocol
that beautifully combines economics with cryptography. There was no precedent
for bitcoin prior to bitcoin. The invention was not simply a trivial adjustment
of existing ideas, but an enormous leap. The invention of Bitcoin is a paradigm
The implication is, if Satoshi were talking
today, I would be listening. Satoshi’s ideas would influence me today, more
than anyone else’s.
Satoshi likely has control of approximately one
million bitcoins or 5.5% of the total supply.
The implication is, Satoshi could exert enormous
influence on the market prices of BSV, BCH and BTC. The key driver of security
in all of these coins (currently at least) is coin price, as hash power is BSV,
BCH, BTC agnostic.
We’re all waiting for a project to come along with the security, scalability, feasibility and community to finally realize the greater part of block chain technology’s future.
This future is presumed by many to be one in which countless inefficient industries are re-imagined upon decentralized crypto-platforms. This is the dragon that crypto-junkies have been chasing ever since taking a hit of bitcoin and is actively being developed into existence.
You may be part of the Ethereum, Mastercoin (Counterparty) or Bitshares crowd, and if you are, you’re likely to get a modest slice of the pie, but the lion’s share looks like it might have been reserved for Nxt.
Bitshares is a broad term which encompasses all Distributed Autonomous Companies that spawn from ideas and code put forward by Invictus Innovations.
Invictus Innovations is a (regular) company fronted by Co-Founder, Daniel Larimer. Invictus creates Distributed Autonomous Companies (DACs) under the Bitshares banner. These DACs are released to the public and honour Bitshares PTS and Bitshares AGS holders with part ownership in these DACs. Continue reading
This article assumes you already know what Maidsafe, the SAFE network and safecoin are. If that’s not the case, read this.
Wow. Those MaidSafeCoins (safecoins) got snapped up like fresh cheese rolls.
now that’s saying something
I have the feeling that was something substantial. It begs the question, did I just put my money into an incredibly under-priced crowd sale, or did I put my money into an incredibly over-hyped crowd sale?
Before you get my biased opinion on that question, let’s cover some stuff, unfortunately it’s not all laughter and lollipops. Continue reading
Maidsafe's safecoin crowd sale sold out in only 5 hours! Read about it here.
Maidsafe is a company that is developing the SAFE network which is a proposed peer to peer storage and communication platform that could completely change how we use the internet.
Bold claim, broad scope. Maidsafe appear not to deal with timidity.
I hear you ask, ‘but what’s wrong with the features of our current Internet? I can buy stuff, build stuff, share stuff and pleasure myself using it. I can’t imagine it being much better.’
I see where you’re coming from, and I must say, compared to what existed before the internet (very little?), it seems trivial to try and improve a technology that has made arguably the greatest contribution to the freedom and wealth of individuals on this planet.
Then Maidsafe struts in and proposes that it is designing the next logical internet iteration, suggesting our current product is far from its potential.
What’s the investment relevance? If you bear with me, I’ll build you up to it. Continue reading
Mastercoin is a protocol that massively expands upon the uses and functions of bitcoin, it does so by leveraging the bitcoin blockchain as a message and time stamping third party.
After two years of closely following the cryptocurrency ecosystem, mastercoin was the first thing beside bitcoin I got excited about from an investment perspective, simply because it is an innovation bringing something new to the party. Continue reading
Bitcoin is the business. It has directly or indirectly enabled every technology I write about. While most people have heard of it, few people understand the true innovation and extent of its significance.
You could well be a die-hard bitcoin fanatic by the time I’m done with you. Continue reading
You gone past most of the good stuff, and now you're at the bottom. I believe the ancient Romans used to say, 'He who discovers how to make a footer interesting is a more clever man than I'... or something.