Sunday, March 9, 2014

Bitcoin Enthusiasts On Controversy Surrounding Founder: Meh

http://www.huffingtonpost.com/2014/03/08/global-ho-hum-greets-hubb_n_4922021.html?utm_hp_ref=technology
by Ryan Nakashima and Bree Fowler

Bitcoins have spurred controversy ever since the idea was introduced to the people. What was its monetary value? What was the purpose? Was it even going to serve its purpose or be a catastrophic failure. Bitcoins are a form of online currency and can only be traded with bit coins to purchase products and just about anything on the internet. As many controversial situations do, Bitcoins has two extreme sides. There are the supporters; who will commit their lives to prove to the world that Bitcoins will soon be of super monetary value and serve as a critical piece of our economy. Then there are the opposers who, from the get go, never believed in the power of Bitcoins and probably never will. The new spill of controversy has came about recently regarding the actual creator of Bitcoin. He was said to be a "Japanese American living in Southern California," but the man has recently strongly denied it to the Associated Press. The man has been known as "Satoshi Nakamoto." Although this has seemed like a rather great controversy as the backers of Bitcoin deserve to know who the real creator is, the proud supporters claim this will have little-to-no impact on the value and progress of Bitcoins as the people in charge now are making positive strides. Multiple key contributors, designers, and backbones of Bitcoin have testified that they do not care who the original creator is - but they do respect him greatly - and only wish to seek the future of Bitcoin with or without knowing who the original creator is.

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