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Return of Satoshi Nakamoto's Bitcoin Scarcity Remarks After 15 Years

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by A1

3 hours ago


Satoshi Nakamoto's statement on Bitcoin scarcity resurfaces as new data about his enigmatic identity emerge.

Satoshi Nakamoto's Bitcoin Scarcity Statement

Bitcoin historian Pete Rizzo shared a statement made by Satoshi Nakamoto 15 years ago, highlighting his emphasis on the total Bitcoin supply limit of 21 million coins established in 2010 when Bitcoin was worth only a penny.

Bitcoin's Value Significance

Satoshi's statement 'Eventually at most only 21 million for 6.8 billion people in the world' gained importance as Bitcoin's price rose, positioning Bitcoin as 'digital gold' and reaching $98,664 today.

Satoshi Nakamoto's Identity Mystery Deepens

Coinbase Director Conor Grogan unveiled new findings suggesting Satoshi remained active on the blockchain and might have used a Canadian Bitcoin exchange. The research points to Satoshi holding 1.096 million BTC valued at $108 billion.

Satoshi Nakamoto's statement on scarcity continues to be a core part of Bitcoin's value proposition, while the intrigue surrounding his identity persists.

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