Satoshi Saga Continues: Tulip Trust Trustee Expected to Appear by September 19, Says Joseph VaughnPerling
Craig Steven Wright, who over the past days claimed to be the inventor of Bitcoin, has been unable to publicly prove control over any of the keys that (only) Satoshi Nakamoto should possess. While his initial blog post deceptively included a Satoshi Nakamoto signature that was always publicly available, today he announced he will not move any of....
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Written by: BigChubbyCat (8BTC). Translated by: James Choi (8BTC). Edited by: Elizabeth T. Ploshay (Bitcoin Magazine). 1. Tulip. In 1635, the price of a certain kind of tulip reached 1615 Florins. At the same time, the prices of four bulls and 1,000 pounds of cheese were only 480 Florins and 120 Florins respectively. The price of a tulip, however, kept soaring to a level the next year that one tulip of a rare species was sold at 4600 Florins. Additionally, the specific buyer also gave the seller a brand new carriage, two grey horses, and a whole set of harnesses. Eventually someone woke....
Angela Walch, Associate Professor at St. Mary’s University School of Law, has written a thought provoking editorial where she argues that developers are in a position of trust, therefore, they must be burdened with responsibilities – including, perhaps, outright licensing requirements to ensure a certain standard. Although the professor has many good points, the open source system is designed in such a way as to adequately minimize any negligence or oversight to a point where one can say that users do not need to trust any one developer, but all developers which can include anyone who can....
The Mt. Gox Bitcoin payments have been long anticipated. The process has lasted several years, and finally, in 2021, there is now recourse in sight for all who were affected. Attorney-at-law Nobuaki Kobayashi has been appointed as the Rehabilitation Trustee and will be in charge of the repayment process. This is expected to happen over a number of months, and a concrete date has now been set for when repayments may commence. Save The September Date Since the announcement of the Mt. Gox bitcoin repayment plan back in July 2021, affected users have been waiting for when the repayment would....
Hang around Imgur and reddit long enough and you will find photos of Dutch tulip fields popping up with clock-like regularity. The country has long been famed for its flower industry, and the expansive fields of colourful flowers do create a mesmerizing spectacle. When discussed in the same breath as bitcoin, however, Dutch tulips are an insult. 'Tulip mania', a phenomenon in the early 17th Century where tulips traded at extraordinarily high prices and then spectacularly crashed in value, is pointed to as a historical analogue of the current controversy surrounding bitcoin. In December,....
The latest Mt Gox creditors’ meeting trustee has revealed payment claims for customers have all been approved or rejected, but the bankruptcy investigation is still ongoing. Mt Gox Trustee Details Mt Gox Investigation Continues While Claims Are Being Processed. During the 8th Mt Gox creditors’ meeting, the Tokyo District Courts’ bankruptcy trustee....