Newsweek's positive coverage of Bitcoin underscores paradigm shift in public ...
The publication explores whether Bitcoin will become the new gold standard. Newsweek, one of the largest American weekly news magazines, has taken a positive spin on Bitcoin (BTC) in a recent article that explores whether the digital asset can become the new gold standard. The article, which appeared on Wednesday, dissects the digital gold narrative using JPMorgan Chase’s latest model showing a potential BTC price of $146,000. Although the article presents little new information for crypto enthusiasts who have been charting Bitcoin’s meteoric rise, it provides more validation that the....
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There is one thing stronger than all the armies in the world, and that is an idea whose time has come. - Victor Hugo. French poet and writer. 1802 - 1885Historians may look back on these current days with fascination. We may be living through the beginning of one of the biggest paradigm shifts in modern human history. The way the world actually thinks about money and stored value might be changing in a tidal wave of recognition. This article will define what a paradigm is and what a paradigm shift looks like. Perhaps we may understand how to prepare and perhaps benefit from the embryonic....
Dorian Nakamoto has taken steps towards suing Newsweek for their false report about him earlier this year. For those unfamiliar with one of the largest media gaffs of 2014, Newsweek author Leah McGrath Goodman wrote an article allegedly unmasking Dorian Nakamoto as Satoshi Nakamoto (the pseudonym of Bitcoin's creator(s)). Newsweek stood by their "forensic reporting," which they admitted consisted of identifying the several dozen some-odd Japanese people with both the names 'Satoshi' and 'Nakamoto' and searching for computer/engineering skills. It is exactly as ridiculous as it sounds. The....
The man pegged by Newsweek as the creator of bitcoin, Dorian Prentice Satoshi Nakamoto, has reportedly hired a lawyer and released an official statement. "I am the subject of the Newsweek story on Bitcoin. I am writing this statement to clear my name," it read, as released by Felix Salmon of Reuters. Nakamoto says the first time he's heard of bitcoin was in the middle of February, when his son was contacted by a reporter (presumably Leah McGrath Goodman, who wrote the Newsweek story). "Shortly thereafter, the reporter confronted me at my home. I called the police. I never consented to....
Newsweek uncovers either Satoshi, or a man willing to deny being him. (CCN's original live-updated coverage here). As Newsweek's article regarding the identity of Satoshi Nakamoto surges through the community, many are stunned with disbelief. The man who signed every message with a PGP key, never gave away personal details despite communicating for years, and eluded numerous attempts to find him; could he have been using his real name the whole time? To be fair, his name is Dorian S. Nakamoto, that first name can really throw off searches. Nonetheless, the evidence presented by Newsweek is....
The man pegged by Newsweek as bitcoin creator Satoshi Nakamoto is poised to take legal action for what he claims to have been a false story that took the cryptocurrency community by storm back in March. Dorian Prentice Satoshi Nakamoto's name became public - very public - in a highly sensationalized exposé entitled The Face Behind Bitcoin written by journalist Leah McGrath Goodman, employed by Newsweek. Goodman's story painted a very interesting picture of this reserved retired gentleman living in Los Angeles county, except for the fact that Mr. Nakamoto denied the story outright almost....