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Businessman Mike Novogratz thinks that the mysterious creator of Bitcoin, Satoshi Nakamoto, is not alive at the moment. This is one of the most common theories about the fate of the expert who designed the most popular Cryptocurrency. As you might expect, as time goes by, the more likely it is that this will be the case.
During a recent interview with CNBC, the businessman identified with this point of view about the fate of the anonymous character. Likewise, he expressed that the current rally of the queen cryptocurrency would have made its creator happy.
“If he were alive (which I don’t think) I’m sure he would have a big smile on his face now,” said the businessman, referring to BTC’s recent rise to $103.9K. On the other hand, the Galaxy founder added that Bitcoin is a great example of a coalition of people working to achieve something spectacular.
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It is important to highlight that Novogratz is one of the entrepreneurs most committed to the development and expansion of the crypto market. For years, it has been working to ensure that the sector has a strong presence in the lives of millions of people. The expert thinks that Satoshi Nakamoto’s creation is one of the great inventions in the history of humanity.
Will we never know who Satoshi Nakamoto is?
The fact that in more than 15 years no one has an idea about the real identity of the mysterious creator of Bitcoin is intriguing. Since the digital currency gained popularity, dozens of people have dedicated themselves to the task of trying to find the human being behind the pseudonym. However, all attempts have so far been unsuccessful.
Some of the probable theories point to people who have already died, such as Hal Finney, while other assumptions do not fit in many ways. The most recent case involves engineer Peter Todd, 39, who was accused by an HBO documentary of being Nakamoto. However, the latter categorically denies that possibility.
In any case, the vast majority of bitcoiners consider that it is better not to know who the creator of the currency is. The coming to light of the developer’s identity could greatly shake the markets, considering his possession of more than one million BTC. For Novogratz, Satoshi Nakamoto will never be a face that can be pointed at.
The expert emphasizes that Nakamoto’s original intention was to create a payment system. Despite this, its currency achieved the quality of a reserve of value and many companies observe it as such.
At the time of writing this note, the price of Bitcoin is $98,547 per unit. After reaching $103.9K on Thursday, the coin saw a sharp pullback to $92K. Such volatility could cause greater capital inflows and lead the price to a new attempt to establish itself above $100,000.
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