Nick Szabo as a Creator of Bitcoin, Satoshi Nakamoto
Satoshi Nakamoto, the potential originator of Bitcoin, is identified by Elon Musk
Bitcoin is the future of money. And why?
That’s the question that has been on the minds of investors and entrepreneurs for years. Is Bitcoin the next big thing in finance?
Or will it be relegated to a footnote in history?
Elon Musk, the CEO of Tesla and SpaceX, revealed who may be Satoshi, the person who created Bitcoin, the most valuable cryptocurrency.
We take a look at whether or not Bitcoin is ready to take over as the new go-to currency and answer some questions about its history and potential.
What is Bitcoin?
Bitcoin is a digital asset and a payment system invented by Satoshi Nakamoto. Transactions are verified by network nodes through cryptography and recorded in a public dispersed ledger called a blockchain.
Bitcoin is unique in that there are a finite number of them: 21 million.
The popularity of cryptocurrency assets, which are seen as the coinage of the future, has significantly expanded in recent years. Cryptocurrencies are frequently on the agenda…
