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Last Updated: February 27, 2021 12:48 am
Bitcoin
Bitcoin and its sister cryptocurrencies managed to stop the collapse that befell them earlier this week, as the value of a bitcoin decreased from 58 thousand dollars to less than 45 thousand dollars, to retake some gains, which range between 47-49 thousand Dollars. .
But it appears that the cryptocurrency market will be in greater danger if the identity of the inventor of “Bitcoin” is revealed, according to a report from the cryptocurrency exchange “CoinBase” yesterday.
One of the risk factors threatening the market, according to the report, is the use of a pseudonym, much like the inventor of Bitcoin, Satoshi Nakamoto.
The report, summarized by the “Business Insider” website, stated that if the true identity of the inventor of Bitcoin is revealed, the price of the digital currency will deteriorate.
The report indicated that Nakamoto’s Bitcoin shares exceed one million coins, while the price of one Bitcoin reaches $ 50,000.
Coinbase explained that Nakamoto can negatively affect the company’s application and destabilize the entire digital currency market, should Nakamoto decide to convert his own coins, the total value of which is approximately $ 30 billion.
Nakamoto is considered the first person to start mining Bitcoin and owns about 5 percent of the total Bitcoin market. There are no more than 21 million Bitcoins, which can only be mined.
After a week-long uptrend, the cryptocurrency Bitcoin experienced a decline, on Monday, after reaching a level of more than $ 58,000.
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