Time has come for Bitcoin to proof it’s value in the real world.
If Bitcoin’s value was ever going to be put to a test now is the time. Yesterday Satoshi Nakamoto started revealing his identity. And monetarily this is a big deal, because this person is supposed to be holding 980,000 bitcoin (worth $10 billion) putting him in position #137 of the world’s billionaires list between Walter P.J. Droege and Marcel Herrmann Telles, and being a billionaire means to have a lot of responsibilities and this is probably the real reason for Satoshi to keep his anonymity for this long. Now, this person will have to start using a big part of such money on his own privacy and security and this means that this currency needs to be liquid quickly and this will put Bitcoin’s actual worth to a test for its creator.
Not only that, but this Pakistani living in the UK also claims his inspiration for creating Bitcoin comes from bringing back the Bank of Credit and Commerce International (IBCC) and that is already controversial and dangerous enough.
Part 1 of the reveal had a lot of quotes that can be put out of context and be felt like what a super-villain would say. Or maybe what a vigilante would. We all heard about super heroes being compared to the gods of different mythologies.
One thing is for sure, with great power comes great responsibility. And for sure $10 billion bucks gives a lot of power, and with such, a lot of responsibility.
Satoshi did not talk about the money yet, but he said:
I wanted to empower the poor person, empower the little man, and create something that was accessible as the people’s money — the people’s bank with no boundaries, no nationalities, and no discrimination — where nothing was controlled by the government and where no one dictated and destroyed people for the sake of misplaced politics.
Can Bitcoin be really that? Could it be that these 11 years of Bitcoin acquiring value was part of a master plan to a big donation to help the poor people, to stop hunger and start a new era of humanity?
We’ll know tomorrow. I really hope so, I doubt it; Stay tuned.