Bitcoin introduces the world to the Cantillon effect 2.0, often known as the Nakamoto effect. Those who live closer to the truth can receive value creation benefits in a Bitcoin world, rather than being rewarded for privilege, status or geography. The issue of why we need Bitcoin (BTC) is a prevalent one these days, but most people's responses leave them shaking their heads and … [Read more...] about The Cantillon effect vs. the Nakamoto effect
The first days of Bitcoin and Dustin D. Trammell’s emails with Satoshi Nakamoto
It is not known if Satoshi Nakamoto created Bitcoin (BTC) alone, if they had help from others, or whether they themself are just a pseudonym for a developer collective. However, after the launch of Bitcoin on Jan. 9, 2009, Nakamoto worked to improve the software by receiving feedback and opinions from several collaborators.Among them is Dustin D. Trammell, one of the first … [Read more...] about The first days of Bitcoin and Dustin D. Trammell’s emails with Satoshi Nakamoto
At what Bitcoin price will Satoshi Nakamoto become the world’s richest person?
It is estimated that Satoshi Nakamoto, the creator of BTC, will become the world's richest person if the price of Bitcoin (BTC) hits approximately $182,000.As of March 2021, Amazon founder Jeff Bezos is the richest person on earth with a net worth of $181.6 billion.Elon Musk, the CEO of Tesla, is a close second at $163.7 billion, owning more than 20% of the electric car … [Read more...] about At what Bitcoin price will Satoshi Nakamoto become the world’s richest person?