Friday, March 07, 2014

The real Satoshi Nakamoto (of Bitcoin fame) finally stands up

Physical Bitcoins (Image courtesy Wikimedia Commons)
There are two things, rather concepts, that I really cant quite bring myself to believing in - cloud computing and Bitcoins. The moment I hear someone mention any of these two terms, the default state of mind goes from "I'm listening in good faith" to "what exactly is he/she trying to con me into?" mode.

Bitcoin has always been beyond my boundaries of understanding. Each time a negative story about it hits the web, almost all the leading "opinion influencing" websites immediately go on a spin-doctoring overdrive to fix the damage. This actually worsens my distrust in the phenomenon/concept.

According to a Fox news story that is quoting a Newsweek report, Bitcoin was not invented by a genius kid from Tokyo, who chose to call himself "Satoshi Nakamoto", but by a 64-year-old Japanese American whose name really is Satoshi Nakamoto.

Here is the story on Foxnews.com.

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