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

  • Alex Morris
    📰 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

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

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

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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'GlobalCoin': Bitcoin Rival to Be Launched in Q1 2020 by Facebook

  • Alex Morris
    📰 News

    We finally know more about Facebook’s crypto ambitions, but there is still a lot of uncertainty in the air


'GlobalCoin': Bitcoin Rival to Be Launched in Q1 2020 by Facebook
Contents

According to a new BBC report, Facebook, the US social media giant, is set to launch its own cryptocurrency in Q1 2020. More details that pertain to its highly anticipated foray into crypto are going to be revealed this summer.

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Mark Zuckerberg Shuts Down P2P Payments in Messenger – Getting Ready to Launch ‘Facebook Coin’?

Regulatory challenges

Prior to that, a NYT article claimed that the launch of Facebook’s cryptocurrency was slated for the first half of 2019, but it seems like the whole process will take a tad longer.  

The aforementioned report states that Facebook will only start testing its new coin by the end of 2019. The company is currently ‘finalizing’ its digital currency that will be rolled out in ‘a dozen of countries.’

As of now, Facebook is trying to iron out multiple legal challenges. BBC claims that Mark Zuckerberg recently had a crypto-related discussion with Bank of England governor Mark Carney.

The social media behemoth also consulted the US Treasury to find out about ‘operational and regulatory issues’ that are related to digital assets.     

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Facebook Said to Be Raising $1 Bln for Decentralizing Its Stablecoin

Still no clarity

With that being said, Facebook never officially confirmed its plans to venture into crypto, but the first reports about the so-called ‘Facebook Coin’ started to pop up back in December 2018.

Bloomberg revealed that the biggest social network on the planet was working on a dollar-pegged stablecoin.

Recently, U.Today reported that Facebook registered a crypto company called Libra Networks in Geneva, Switzerland, while quietly ramping up its Blockchain team.

Cover image via www.facebook.com
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