Elon Musk Reveals Bitcoin Creator’s (Satoshi Nakamoto) Identity

Elon Musk, the Tesla billionaire, has had a very large impact on the cryptocurrency market. One day he tweets an endorsement for bitcoin and crashes their price, another day he says it’s all a fraud.

Ethereum’s price has also been on a rapid decline, plummeting even further than other major coins from its sector

However, some coins have not been affected too much by the tumultuous trading of recent months and have even managed to grow in value significantly.

It’s the progression of the idea that matters, according to Elon Musk. Musk argued that Nick Szabo expands on these ideas, which makes him Satoshi Nakamoto in spirit.

Szabo is mostly known as the creator of Bit Gold, a predecessor to Bitcoin. His work on smart contracts led to them being a component of Ethereum.

Satoshi Nakamoto – the creator of Bitcoin – disappeared shortly after its launch, sparking speculation about who could be responsible for its creation.

Elon Musk’s net worth increased by about $30 billion in a day after rally in Tesla stock

Top 12 tweets by Elon Musk that impacted the market in 2021

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