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Satoshi Has Shown His Face for the First Time. Who’s That Person?

  • Alex Dovbnya
    📰 News

    Craig Wright gets some competition with another self-proclaimed Satoshi, but he probably won’t be able to sue him for libel


Satoshi Has Shown His Face for the First Time. Who’s That Person?
Contents

The countdown on the “Got Satoshi” website has ended today. The crypto community is finally able to see the face of Satoshi, the first AI-powered news anchor in the world.

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John McAfee Says He Knows True Satoshi Identity, Promises to Reveal It Soon

John McAfee Says He Knows True Satoshi Identity, Promises to Reveal It Soon

An awkward moment

While practically no one had high hopes for this Satoshi expose, the fact that the cryptic website turned out to be a marketing stunt for PAI News is a bit underwhelming.However, crypto baron John McAfee did warn us all before the much-hyped revelation.

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‘I'll Wait’: John McAfee Backpedals on His Plan to Expose the Identity of Satoshi Nakamoto

‘I'll Wait’: John McAfee Backpedals on His Plan to Expose the Identity of Satoshi Nakamoto

Blockchain and AI

The 3D PAI avatar of “Satoshi”, which was created by artificial intelligence company ObEN, is by no means an indicator of how the real Satoshi looks like (his identity remains undisclosed).

We are actually dealing with the first AI-powered anchor who will report the latest news from the world of cryptocurrencies and Blockchain.

You can already download the trial version from your Android smartphone or iPhone.

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Forget About Satoshi. Mysterious Miner Dubbed ‘Patoshi’ Allegedly Has 1 Mln Bitcoins

Forget About Satoshi. Mysterious Miner Dubbed ‘Patoshi’ Allegedly Has 1 Mln Bitcoins

The drama continues

The person behind Bitcoin, which turned into a $140 bln asset class, is obviously the biggest crypto mystery. However, it is clear why Satoshi doesn’t want to come forward given that he’s probably among the richest people in the world.

There is self-proclaimed Satoshi Craig Wright, but the cryptocurrency community is highly skeptical about his statements. The fact that Wright started to doll out libel lawsuits like gift cards to all non-believers also didn’t help to persuade naysayers.

Cover image via u.today
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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with an extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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Sovereign Currencies Won’t Be Threatened by Libra: Facebook’s Blockchain Head  

  • Alex Dovbnya
    📰 News

    The company’s decision to leave the US and set up its crypto division in Switzerland won’t bode well with the US lawmakers 


Sovereign Currencies Won’t Be Threatened by Libra: Facebook’s Blockchain Head  
Contents

Libra, the cryptocurrency that was recently announced by social media juggernaut Facebook, will be regulated by the Swiss government, according to the company’s Blockchain boss David Marcus.

His statement comes just a day ahead of two high-stake congressional hearings that are slated for Tuesday and Wednesday.

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US Lawmakers Throw Cold Water on Facebook’s Libra Coin

US Lawmakers Throw Cold Water on Facebook’s Libra Coin

No need to rile up 

Facebook’s foray into the cryptocurrency space was perceived as a shot across the bow directed at government-issued currencies. The fact that the Libra announcement was followed by a major Bitcoin rally confirmed that Facebook is not stepping on the turf of the O.G. coin.

According to Marcus, Libra is not an investment, unlike stocks and bonds, which means that it probably won’t face the glare of SEC scrutiny.

The head of Facebook’s Calibra subsidiary also dispelled the narrative that Libra is going to compete with fiat currencies, such as the US Dollar.

“Facebook will not offer the Libra digital currency until we have fully addressed regulatory concerns and received appropriate approvals.”

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Facebook Co-Founder Chris Hughes Thinks Libra Coin Is Dangerous

Facebook Co-Founder Chris Hughes Thinks Libra Coin Is Dangerous

Preparing for grilling

On July 16, Marcus is set to defend Libra during a Senate hearing. It will be closely followed by a House hearing that is scheduled the next day. The US lawmakers will discuss the potential of Libra on its consumers and the country’s financial system.

Marcus is also expected to be grilled on Facebook’s love for Switzerland where it set up Libra Networks back in May.

However, considering how progressive Switzerland is in terms of crypto regulations, it comes as no surprise that companies are abandoning the US.

Cover image via u.today
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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with an extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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