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Is Satoshi Nakamoto the richest man in the world?

There is controversy over whether Satoshi Nakamoto is currently the richest man in the world. According to Forbes' real-time billionaire rankings on June 1, 2024, Tesla's Elon Musk is the richest person in the world. However, if the price of Bitcoin increases significantly, Satoshi Nakamoto could become the richest man in the world. Satoshi Nakamoto’s Bitcoin holdings are huge. If the price of Bitcoin reaches $190,000, his wealth will increase significantly, and he may exceed becoming the world’s richest man. But the most suspicious thing now is who is Satoshi Nakamoto?The identity of Bitcoin founder "Satoshi Nakamoto" has always been a mystery.Recently, HBO's latest documentary "Money Electric: The Bitcoin Mystery" was launched. Director Cullen Hoback identified the protagonist of the...

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The "Bitcoin Strategic Reserve Act" has gained bipartisan consensus and supports the purchase of 1 million bitcoins with federal funds

According to Forbes, the United States has bipartisan support for the establishment of a Bitcoin strategic reserve. The bill was announced by Senator Cynthia Lummis at the Bitcoin 2024 Conference in July and aims to use federal funds to buy 1 million bitcoins. This move will consolidate the United States' position as the largest national holder of Bitcoin, giving it 5% ownership of the entire Bitcoin network, which is equivalent to the United States' share of the global gold supply.This directly led to a sharp rise in the price of Bitcoin mining equipment-Bitmain Antminer L9 Dogecoin Miner 16G.Lummis compared Bitcoin to the Louisiana Purchase, which resonated with cryptocurrency supporters. In 1803, then-President Thomas Jefferson made an asymmetric bet by purchasing...

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Over $100 Billion Worth of BTC Still Sleeping

According to the latest data, 1.71 million BTC mined between 2009 and 2012 are still dormant, worth about $108.2 billion. These unused bitcoins account for about 8.73% of the total supply of Bitcoin, showing that early Bitcoin miners did not transfer these tokens immediately after mining.Among them, the Bitcoin born in 2009 is particularly noteworthy. According to online data, there are still 1,074,352 to 1,074,402 BTC from the block rewards in 2009. These bitcoins are stored in 21,488 wallet addresses, accounting for about 5.4% of the total supply of Bitcoin. Although a large part of them are believed to be held by Bitcoin's founder Satoshi Nakamoto, not all bitcoins from that year belong to him. Interestingly, only a very small...

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Once Trump takes office, he may raise tariffs on all Chinese imports to 60%

Recently, former US President Trump will give a speech on the economy in Savannah, Georgia. A senior adviser to Trump revealed that Trump will propose a set of "carrot and stick" economic policy plans in this speech. On the one hand, Trump will promise to personally recruit foreign companies to invest and operate in the United States, and will propose a series of incentives to attract foreign investment, including tax cuts, reduced regulations and the provision of federal land. On the other hand, he will once again threaten to impose severe tariffs on imported products. Given that economic issues are currently the most concerned issue for American voters, Trump's speech seems quite strategic.As China gradually rises and occupies a more...

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What will happen if Dollar die

WHEN you hold a dollar bill in your hand, take a moment to appreciate the intricate work that goes into its production. The dollar die is a testament to the precision and expertise required to create our currency, making it one of the most durable forms of money in circulation.     We treat money as something sacred, but money means nothing. Let's take a look back at history and see how many currencies in history have disappeared. Roman Empire: They devalued their currency by reducing the gold content in it. They even tried using silver to do the same thing, but those coins would wear out with use, which at least doesn't happen with gold.Byzantine Empire: Its currency was...

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