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Gotsatoshi.com Launches Live Satoshi Unveiling: Real Satoshi Reveal or Just CoinDesk’s PR?

Gotsatoshi. Com launches live satoshi unveiling: real satoshi reveal or just coindesk’s pr?

Gotsatoshi.com Launches Live Satoshi Unveiling: Real Satoshi Reveal or Just CoinDesk’s PR?

Gotsatoshi. Com launches live satoshi unveiling: real satoshi reveal or just coindesk’s pr?

New website Gotsatoshi.com launched with the ticking clock until Satoshi Nakamoto “live unveiling”. Will we finally see real bitcoin’s creator or is it just well-thought PR for upcoiming Coindesk’s Consensys conference?

Few days ago we witnessed an anonymous miner embedding the words “Satoshi Nakamoto” into all of the blocks they mine and controlling more than 40% of Bitcoin Cash’s hashrate.

Now, we got a new website that just seems to be appeared on the web, stoking speculation about what it could mean for the mystery of Satoshi Nakamoto. Gotsatoshi.com launched around this past weekend with no hint as to who built the site, or what it’s for. There is just a question: “Where in the world is Satoshi”, and the ticking clock that, in the time of writing, was leaving us with 11 days and 4 hours until a “live unveiling.”

Also, when you write down your email to subscribe, there’s this ‘Thank You’ note with the address reading: Got Satoshi?; 3110 P2P Drive; Hutontherock, The Sea 132009.

It seems that Satoshi might be Harry Potter himself because their address sure is the same. If you’re not the fan, just FYI, the letter of acceptance from Hogwarts (School of Magic) was addressed to:

“Mr H. Potter,
The Floor,
Hut-on-the-Rock,
The Sea.”

Ok, if the Satoshi is actually a result of J.K. Rowling’s imagination – so be it. But, if it happens to be only Harry’s roommate (because it sure looks like Harry gave him his cloak of invisibility), let’s see some theories.

Is It All Just a Good PR Move?

First and foremost, we probably can guess who Satoshi isn’t.

This for sure goes to Craig Wright who keeps calling himself “the Real Satoshi” and threatening he will sue anyone who says he isn’t. However, as Margaret Thatcher once said:

“Being powerful is like being a lady. If you have to tell people you are, you aren’t.”

After a month doesn’t pass by that we don’t hear Craig yelling he is Satoshi, we can be pretty sure that Craig Wright is, neither a lady, nor Satoshi.

The second one goes to Elon Musk. Even though there is almost a religious cult of people who believe Elon is the real Satoshi – they could be pretty disappointed. Musk himself said that he doesn’t have any bitcoin, and that he – isn’t Satoshi.

Then we have people who claim that they know who the Satoshi is but they won’t tell.

John McAfee, anti-virus software entrepreneur and the presidential candidate said that he is completely and utterly sure Wright isn’t Satoshi but that he knows who is.

He also promised to reveal true Satoshi’s identity saying that every day he will narrow down the identity of Satoshi until he reveals himself, or McAfee will reveal him. Even though McAfee hinted that Satoshi was not, in fact, one person, but a team from India, soon he decided not to reveal Satoshi’s identity because his lawyer advised him that, so he wouldn’t be extradited to the USA.

Last but not least theory is that the real Satoshi Nakamoto died back in 2013. That would be pretty bad because it is estimated that he owns 980,000 bitcoins, amassed from mining the cryptocurrency in its early days. Can you imagine him putting it back on the market?

What CCN revealed is that the countdown on the website seems to correspond to CoinDesk’s Consensus 2019. It’s one of the largest blockchain conferences in the world. And it’s possible that a PR team is trying to drum up attention by hinting at an epic unmasking.

Whatever it is, we’ll have to wait to find out. The clock is ticking.

Published at Fri, 03 May 2019 12:34:26 +0000

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Florida Bill Aims To Add Virtual Currency To AML Statutes

An act designed to add virtual currencies to Florida’s anti-money laundering statutes has unanimously passed three state committees.


Bill Targets ‘Ill-Gotten Gains’ From ‘Internet-Based Currencies’

The bill, sponsored by republican Jose Felix Diaz, “makes sure that traffickers and fraudsters can no longer try to use internet-based currencies to hide and move their ill-gotten gains,” State Attorney Katherine Fernandez Rundle said in a statement quoted by local news resource Miami Herald.

Rundle added:

The high-tech criminals of the 21st Century use virtual currencies like bitcoin to accumulate and hide the profits of their illegal activities.

Bitcoin related crime

As the Herald notes, the legislation comes hot on the heels of the failed prosecution of Florida resident Michell Espinoza, who allegedly tried to sell $1,500 of bitcoins which were used to purchase stolen credit card information.

Despite his arrest after undercover law officers posed as traders on Localbitcoins, telling Espinoza they intended to use the funds for illicit purposes, a judge ultimately threw out his case as bitcoin is not considered money under current Florida law.

“This court is unwilling to punish a man for selling his property to another when his actions fall under a statute that is so vaguely written that even legal professionals have difficulty finding a singular meaning,” the ruling determined in July last year.

No Official Identity For bitcoin In Florida

Fellow Republican Dorothy Hukill meanwhile announced in September that she was seeking official recognition of bitcoin as a currency in the state, but no progress has yet been made.

The latest motion has ruffled feathers among local cryptocurrency advocates. Barry University economist Charles Evans explained to the Herald how it could send the wrong message.

Barry University economist Charles Evans

Florida legislators will be sending a very clear signal that financial innovation is not welcome here… No doubt, officials in China, Europe, Russia, Texas, and other places where bitcoin is welcome will be pleased.

Others were less concerned, local lawyer Andrew Hinkes claiming authorities would still need to prove intent to use bitcoin for illegal activities to entail a prosecution.

I don’t think it would affect the day-to-day users of bitcoin, or investors who hold bitcoin… but it might affect the business of those who exchange bitcoin for dollars. Now, assuming the facts support the intent required by law, the path to prosecution of traders for money laundering is clearer in Florida.

The bill is now awaiting its audition before a further state committee.

Virtual currency has faced a continued patchwork legal status across US states, with jurisdictions taking markedly different approaches to regulating it.

What do you think about Florida’s latest bill and bitcoin’s status in the state? Let us know in the comments below!


Images courtesy of Shutterstock, Barry University

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