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if he has 1.1 million bitcoins,what is 100 million?
may be he is the one who liquidate some holdings to come up with 100 million this past weekend,they said a big whale liquidated
Wow, a Florida court recognizes CW as the person holding Satoshi's 1.1 million Bitcoin and doesn't recognize any claim of right by his business partner.
However, a joint venture with the business partner gets $100 million judgement on another issue !
Well, if CW can pay the $100 million then he must be either Satoshi or a Satoshi hacker.
Oh, the $100 million could just be value that was taken out of the joint venture. But is the $100 million from early days of crypto mining and then growth of crypto holdings ? There are no known Satoshi crypto transfers.
That's technically not what the court said. It wasn't a case about who Satoshi is.
But if he can actually move a coin, he will have proof.
That's technically not what the court said. It wasn't a case about who Satoshi is.
But if he can actually move a coin, he will have proof.
Well the court decided not to award half of Satoshi's Bitcoins to the GW partner. If awarded, I suppose that GW could have signed a 50% quit-claim transfer. But how could the court even consider the issue when a basis for GW quit-claim is not assured ? And where is a Satoshi key ?
But my previous post was already suggestive of the issue.
I might was well repeat the ending point of the post and the GW and partner joint-venture did get a $100 million award from GW. Apparently that was early-years mined Bitcoin that was taken out of the joint-venture and not a tie to Satoshi Bitcoins.
Now is GW paying the $100 million award or he is declaring bankruptcy ?
Here is a link that includes an e-mail that the Florida court was looking-at. The March 2008 e-mail is between GW and his business partner and concerns a bitcoin whitepaper. Then GW offers a whitepaper, I suppose previously unpublished, dated August 2008. I think that the Satoshi published whitepaper was in October 2008:
We think this is a new generation of money, which is already replacing paper money. At the beginning it was a joke for many people, but now there are many real examples of how crypto helps somebody in the regulators recessions and also to survive when there is a crisis. Crypto came for a reason, and it will prove it.
Yes, cryptocurrency is great for some processes, but do you think anyone will allow fiat money to be replaced by crypto? People can manage fiat money, but there is no regulation on crypto. So it's utopian.
Stablecoin is #16 in government bond ownership in the world. Because Stablecoins are pegged with the dollar 1:1 they have to use fiat currency to buy US treasuries to maintain it's liquidity. There's no way crypto will die as long as stablecoins has so much treasuries. Bitcoin and other crypto are different stored value assets that trade depending on their perceived value. Ether can't die because it controls the 2 biggest stablecoin out there with USDC and Tether. Anyone that thinks Crypto will die, doesn't know the data.
Here is a link that includes an e-mail that the Florida court was looking-at. The March 2008 e-mail is between GW and his business partner and concerns a bitcoin whitepaper. Then GW offers a whitepaper, I suppose previously unpublished, dated August 2008. I think that the Satoshi published whitepaper was in October 2008:
But GW doesn't seem to have the Satoshi Bitcoin keys.
So most likely it is.
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New Generation Money
