Saturday, July 20, 2019

John McAfee Threatens to Reveal Satoshi’s True Identity, Backs Out at Dime Minute

John McAfee is known with various titles including the “founder of McAfee Antivirus,” first U.S. presidential candidate to run a campaign while on exile,” and now, “the only man that knows Satoshi Nakamoto’s identity.” In a Tweet on April 17, as well as an interview with Bloomberg, the programmer confidently stated that he knows who Bitcoin’s creator is.

John McAfee Claims to Have Unravelled the Mystery Man Satoshi

John McAfee in a recent Tweet stated that the mystery behind who Satoshi really is must end. According to him, it is neither the CIA nor a government agency, but a collection of people. However, Bitcoin’s whitepaper was written by one man living in the U.S whose identity he knows and will reveal if the person does not come forward.

Bloomberg, on the other hand, informed that during a phone interview with McAfee, the Bitcoin enthusiast confidently said he will reveal Satoshi’s identity in a week. He added that people forget that he is a technologist who has been able to track hackers in the past and as such, finding Bitcoin’s creator was a piece of cake.

In his own words:

I’ve spoken with him, and he is not a happy camper about my attempt to out him

McAfee Remarks Cause an Uproar in the Community

McAfee remarks ushered in another uproar in the crypto community and a lot of pent up energy. For starters, he promised to reveal Satoshi’s identity which is something many have tried and failed in the past. Secondly, he revealed that the man he identified is not Craig Wright, an Australian programmer that has claimed the identity and even sued those who have challenged his claim.

Related Article:  JPMorgan Says Blockchain Needs to be Separated From Cryptocurrency

While many began counting down to the days McAfee will finally open the public’s eye to the creator of the most popular cryptocurrency by market cap, he made another tweet on April 23. The new message states that carrying out his plans could affect his extradition to the U.S. since there may be potential lawsuits awaiting. The latter was supposedly said by his extradition lawyer, Mario Gray. That being the case, we won’t be finding out after all who Satoshi is.

The Bitcoin creator, on the other hand, is believed to hold nearly 1 million Bitcoin which is a significant part given that 17 million coins are in circulation. If what he holds gets sold, then it will most likely impact negatively on Bitcoin’s price. Nonetheless, it is worthy to note that the 1 million has been sitting in the same wallet for the past 10 years which has given many the impression that Satoshi could be dead.

More Articles

Thailand Develops Hybrid Blockchain-based Voting System

Thailand has developed a Blockchain-based voting system that can be used for conducting elections in the national, community, and provincial level. A local media...

China Startup To Turn US Defense Center Into 10,000+...

German Government Plans to Introduce Blockchain by Mid-2019

The German government intends to introduce a blockchain strategy into the country by mid-2019. Cabinet of Germany, the chief executive body of the government made...

Difference Between Bitcoin and Blockchain

Bitcoin and Blockchain, these are two words that are used interchangeably and they may pose a bit of confusion. If you're wondering...

Raiffeisen Bank and Gazprom to Issue Bank Guarantee on...

The Russian subordinate of international bank, Raiffeisen, in conjunction with local state-owned oil giant Gazprom Neft have agreed to issue a bank guarantee on...

Apple Restores High Ranking Crypto Podcast on US iTunes...

Today, Nov, 7 Apple has restored a crypto podcast called 'Off the Chain' which was removed from the US iTunes Store on Nov, 5. The...

Wyoming Passes Two Bills Relating to Blockchain and Cryptocurrency

Wyoming, a western U.S. state has passed two bills related to Blockchain and cryptocurrency. The state legislature passed the bills whereas Caitlin Long, the president of...

Lightning Network Now On Par With Apple Pay

Bitcoin's Lightning Network (LN) might just be at a level whereby it can rub shoulders with Apple Pay, being only a few seconds slower...

Is Canada going to be the Global Hub of...

Canada has been one of the leading crypto nation in the world in line with the powerful countries of USA and UK on the...

Lawyer Accuses Greek Supreme Court of Violating Bitcoin Launderer’s...

The notorious case of Alexander Vinnick, popularly called ‘Mr. Bitcoin,’ continues to drag on after a year, and his lawyer has freshly accused the...

Team McAfee Calls Out Employee and Crypto Exchanges That...

In what may be a shocker revelation, a representative of John McAfee team has claimed that they have been ripped off of tens of...

Vietnam Will Launch Its First Cryptocurrency Exchange Soon

KRONN Ventures AG, a Switzerland-based blockchain company has signed a memorandum of understanding with Linh Thanh Group, the largest distribution company...

Latest Articles

Couple Pays For Breakfast Using Bitcoin, Community Finds This...

A Reddit user by the username u/portageco recently made a post in bitcoin's official subreddit. In his post, u/portageco boasts about how he paid...

Australian Woman Leads Adoption, Tours 10 Countries Spending Cryptocurrencies

Who says you can't go around the world spending cryptocurrencies? As many believe, cryptocurrencies are only good for speculations. But with a little research,...

Did A Physical Bitcoin Just Sell For $99k On...

As at the time of reporting, the listing on eBay had closed. This could be because the seller got a buyer or he decided...

Litecoin Now Approved In 30,000+ Stores

As cryptocurrencies gain ground, more and more technology-based firms find ways to incorporate the nascent technology into everyday life. Moon, prior to this time,...

Facebook Libra Coin did what you all wanted, and...

I think we need to take a step back and look at what’s really happening here… The primary issue with the entire Cryptocurrency industry is...

How To Shop on Amazon with Bitcoin – Step-By-Step...

Wondered how to shop on Amazon with bitcoin? Then here's how you can purchase goods on one of the largest e-commerce websites that ships...

How To Buy Bitcoin On Coinbase – Step-By-Step Guide

Buy Bitcoin on Coinbase instantly in the U.S., UK, Canada, or anywhere you are globally. Coinbase cryptocurrency exchange has enabled its customers buy the...

Grayscale Bitcoin Trust Boosts By 300%, Affects Oil &...

The institutional investment product, Grayscale Bitcoin Trust (GBTC), experienced a growth of more than 300% due to its outstanding performance since February, Forbes reports....

How To Create A Coinbase Account – Step-By-Step Guide

Create a Coinbase account with ease. Use this illustrative guide to create a Coinbase account for buying, selling, and storing cryptocurrencies. And you know...

$9.2 Trillion Transferred Using Bitcoins In 2.5 Years

Against present belief that bitcoin is only used for speculation, James McDowall, a crypto investor and advisor shared a metric about Bitcoin that's been...

Malware Posing as Movie File Manipulates Results and Steals...

A new form of malware posing as movie file was discovered last year and was designed to steal cryptocurrency and inject manipulated results into...

No-fee Mobile Trading App Quantfury Increases Crypto Support with...

The no-fees mobile trading app Quantfury has been expanding its crypto services lately, most notably with the addition of the DASH cryptocurrency. The coin...