Saturday, December 3, 2022
HomeCrypto NewsMarketEdward Snowden Admires Fast Bitcoin Transactions On Lightning And Satoshi Sustained Anonymity

Edward Snowden Admires Fast Bitcoin Transactions On Lightning And Satoshi Sustained Anonymity

- Advertisement -
Follow-Us-On-Google-News

 

Edward Joseph Snowden remains awestruck by Satoshi Nakamoto’s sustained anonymity 14 years after creating Bitcoin despite the asset’s success.


Russian-American ex-computer intelligence consultant Edward Snowden has highlighted his admiration for Bitcoin’s anonymous founder Satoshi Nakamoto. Snowden’s admiration is majorly fueled by the personality’s decision to remain anonymous despite creating a successful payment system that has revolutionized the financial space.

Snowden took to Twitter to share the Bitcoin white paper introduced by Nakamoto on October 31, 2008. Today would make it exactly 14 years since the white paper was published. “14 years ago today, yet Satoshi remains anonymous. Remarkable,” Snowden mentioned in a separate tweet within the thread. 

 

He also confirmed he is not Satoshi.

He further admired BTC fast transactions on the lightning network.

 

Bitcoin and cryptocurrencies have gained the favor of several notable personalities over the years, and Snowden is one of them. The President of the Freedom of the Press Foundation recently revealed his usage of bitcoin. Snowden noted in June that he advocates for bitcoin’s usage in everyday payments rather than as an investment.

Additionally, he sought to defend the crypto industry against 26 technologists who had earlier petitioned against cryptocurrencies. In June, several notable personalities in the tech industry jointly criticized the crypto industry.

Meanwhile, Snowden’s admiration of Nakamoto’s consistent anonymity is not unexpected, as several proponents have praised the anonymous founder of the firstborn crypto.

Several individuals have sprung up within the space, claiming to be Nakamoto, but these claims have been met with utter skepticism, as none has been able to provide undeniable proof. Craig Steven Wright, the Australian computer scientist, also began making such claims as far back as 2016.

Wright’s claims followed two reports from the American magazine Wired and tech website Gizmodo in December 2015 suggesting that Wright invented bitcoin. The reports were dismissed, as rumors implied that Wright was behind them.

Furthermore, Crypto proponent Magnus “Hodlonaut” Granath, in 2019, alleged that Wright was a liar for claiming to be Nakamoto. Wright subsequently sued Hodlonaut in a U.K. court for defamation. Hodlonaut received support from the majority of crypto proponents who have also been skeptical of Wright’s claims.

As The Crypto Basic earlier highlighted, Ethereum’s co-founder Vitalik Buterin revealed in January that he does not believe Wright is Nakamoto. He asserted that American developer Hal Finney could be Bitcoin’s anonymous creator. Finney received the first Bitcoin transaction by Satoshi Nakamoto, per reports.

To this day, Satoshi Nakamoto remains anonymous, and several crypto proponents are content with the bitcoin creator’s decision, as it further contributes to the asset’s decentralization and doesn’t have a known central authority.

- Advertisement -
Albert Brown
Albert Brownhttps://thecryptobasic.com/
Albert Brown is a cryptocurrency investor and journalist who has been in the nascent space since 2017. His love and passion for technological innovations made him delve deeper into the world of blockchain and cryptocurrencies. As a journalist, Brown has written on several crypto-related topics that have been referenced by popular industry players like Tyler Winklevoss, Binance CZ, etc.

Disclaimer: The content is for informational purposes only, may include the author's personal opinion, and does not necessarily reflect the opinion of TheCryptoBasic. All Financial investments, including crypto, carry significant risk, so always do your complete research before investing. Never invest money you cannot afford to lose; the author or the publication does not hold any responsibility for your financial loss or gains.

- Advertisment -

Recent News & Articles

Subscribe To Our Newsletter

Get Updated with All The latest Crypto News, Articles, Reviews, Analysis and much more. Delivered Every Monday.