Bitcoin, which entered our lives in 2008 and made a name for itself in 2017, seems to have convinced corporate companies and investors, especially with its great rise in 2021, which almost everyone knows, learns and even trades in 2021. At the end of 2020, the official announcement of Bitcoin purchase transactions by large, institutional companies such as “Microstrategy”, “Block.one”, “Tesla Corp” increased confidence in crypto money markets, especially BTC.
This increase in interest, which is also reflected in Google Trends data Bitcoin AlIt can also be clearly seen with many keywords such as buy Ethereum, buy BTC.
With this environment of trust in the crypto money markets, besides institutional investors, many new investors have entered this sector by investing. This trend appears concretely in Bitcoin searches conducted on Google from April 2020 to March 2021. In addition, in the same process, the total market value of Cryptocurrency has increased from around 200 billion dollars to 2 trillion dollars with a great increase.
see: According to Google Trends data, Bitcoin search rates worldwide in the last 1 year
see: Cryptocurrency total market cap according to CMC (CoinMarketCap) data
see: Bitcoin’s change over time according to CMC (CoinMarketCap) data.
Understanding Bitcoin and Its Technology
Bitcoin in 2008 Bitcoin: A Peer-to-Peer Elektronik Nakit Sistemi It was published online by an anonymous person named Satoshi Nakamoto. In the article, Nakamoto proposed a decentralized approach to transactions, culminating in the creation of blockchains. In this technology called Blockchain, each transaction is created in blocks, combined with subsequent blocks and becomes a historical record. Any transfer between any two wallets will be publicly observable but uninterrupted. With this created Bitcoin algorithm, unlike the traditional finance and banking system, transfers can be made to third parties and without the need for a central authority such as a bank or state.
The name of the first Bitcoin block created was Genesys. This block, created in 2009, is also called Block 0 because it is the first, and the reward for this block is 50 BTC. It is said that this 50 BTC reward is in his wallet, closed for use by Satoshi Nakamoto.
Bitcoin and altcoins are very popular nowadays. This pushes many traditional finance, stock market analysts to make BTC interpretations of their experts. Just Bitcoin review Not only that, but also other altcoin comments are evaluated dozens of times every day by many different analysts.
While many of these analysts are very positive about Bitcoin price, there are few who think that Bitcoin is just a trend. No matter what anyone says, it is one of the investment instruments with the most important return, which doubles its price by almost 20 between 2020-2021.
Bitcoin price, Bitcoin buy and sell tactics, Buy Bitcoin? While the issues are being discussed, the creator of Bitcoin still remains a mystery.
Let’s take a look at who this mysterious Satoshi Nakamoto is, and who are the most likely possibilities.
Satoshi Nakamoto kimdir?
There are many unexplained and unknown mysteries in the world for centuries. From the Egyptian Pyramids to the Bermuda Triangle, a new one has been added to many events that have kept their mystery.
Who is this Satoshi Nakamoto? In fact, the fact that the real identity of its creator is not known is quite compatible with Bitcoin’s philosophy that it does not need privacy and decentralization. For years, many theories and predictions have been produced on the answer to this question, but no clear proof has yet been presented.
Let’s take a look at the most acceptable of these predictions,
In a Newsweek article by Leah McGrath Goodman in March 2014, Dorian Nakamoto, an academic and engineer in California, was named as the creator of Bitcoin. However, as investigations continued, this event was deemed to be just a name resemblance, and the subsequent investigation put Nakamoto out of the race.
Bitcoin is essentially a product of the cypherpunk movement, and one of the foundations of this movement was Hal Finney. Finney was active in this community before and after Bitcoin was released. However, Finney is one of the most serious Nakamoto candidates for many, as he is the first person in history to receive Bitcoin from Satoshi Nakamoto. Also, Finney had lived for nearly 10 years in the same town as Dorian Nakamoto, just a few blocks away.
Finney, who was the first to tweet about Bitcoin, died in Phoenix, Arizona in 2014 of complications from ALS and was frozen into custody by the Alcor Life Extension Foundation.
Like Finney, Szabo was an early cypherpunk and was friends with many people in this circle. In 2005, he wrote a blog post that assumes a digital currency called “Bitgold” that is not trusted by third parties. This article, written before the emergence of Bitcoin and covering all the fundamentals of Bitcoin, turned the arrows to Nick Szabo. While the possibility that Szabo is Nakamoto is still being considered, many authorities are certain that he played a role in the emergence of Bitcoin.
One of the most colorful characters among those thought to be Satoshi Nakamoto is Craig Wright, an Australian academic and businessman. Together with Calvin Ayre, he founded a fork of Bitcoin called BSV (Bitcoin Satoshi Vision). With his occasional statements stating that he is Nakamoto, two articles in Wired and Gizmodo suggested that Wright may be the person behind Bitcoin. However, later investigations concluded that he had committed an elaborate hoax.
Adam Back is one of the most likely people to be Nakamoto. Especially in 1998, many of the problems that he examined and voiced about b-money can be solved with Bitcoin today. This strengthens the possibility that Adam is the creator of Bitcoin. There is a video on Youtube evaluating the possibility that Adam Back is Nakamoto. This video examines common details in Nakamoto’s texts and Adam Back’s texts, such as British accent similarities and double spaces at the end of sentences. However, the fact that Nakamoto, who has e-mailed with many people, does not have e-mails with Adam also raises suspicions. In addition, the company Blockstream, of which he is the CEO, is one of the companies that make the most effort for Bitcoin.
Elon Musk, who is one of the most popular investments of recent years and has many initiatives from PayPal, Tesla, SpaceX, SolarCity, is also seen as one of the possible Nakamoto candidates, especially with his recent posts on his personal twitter account.
In the crypto money world, it is thought that this significant increase in popularity and value that took place in the years 2020-2021 will be even more in the coming years, and it is thought that it will further consolidate its position with the acceptance of the states in the future.
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