Monday 27 November 2017

fiat

As Slashdot reports, there’s been a flurry of speculation that the secret identity of the creator of bitcoin who goes by the alias of Satoshi Nakamoto is none other than visionary inventor Elon Musk.
The arguments strike me as pretty persuasive and suggest that Musk created the medium of exchange to fund his space-faring ventures and to give future colonists a monetary system untethered to terrestrial governments, and has been discreet about his alternate platform as he had already been sufficiently disruptive to moving money with earlier his invention of Paypal and bitcoin is not exactly complementary to the system of trust and transparency underlying the electronic payment system.