PayPal co-founder and billionaire venture capitalist Peter Thiel believes he may have an idea of how to find Satoshi Nakamoto, the Bitcoin borrowed (BTC) creator who disappeared two years after mining the block of origin of the cryptocurrency in January 2009.
His theory stems from an early meeting between the founders of E-Gold in February 2000, in which about 200 people gathered around a beach in Anguilla to devise a strategy to promote a new monetary regime that could challenge central banks. E-Gold is a digital gold coin that was rolled in 2007 after the US Department of Justice brought its founders to justice.
“I met them on the beach in Anguilla in February 2000,” Thiel said at a crypto conference in Miami on Wednesday, referring to the founders of E-Gold. “My theory about Satoshi’s personality was that Satoshi was on that beach in Anguilla.” He further explained:
“We started a revolution against central banks on the beach in Anguilla. We have to make PayPal compatible with E-Gold and blow up all central banks. ”
The failure of E-Gold may have given Satoshi the opportunity to remain anonymous while creating his successor. “Bitcoin was the answer to E-Gold, and Satoshi knew you had to be anonymous and not have a company,” Thiel said.
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Not everyone was convinced that Nakamoto was behind the previous e-money protocols. Dustin D. Trammell, one of the first cypherpunks to mine bitcoin, told Cointelegraph Brasil in March that Nakamoto lacked bias in adopting the new technology, which meant they approached the project from a new perspective.
The 2008 Nakamoto White Paper created a multi-billion dollar crypto industry in which tens of thousands of digital assets are fighting for a piece of the pie. Bitcoin is in the middle of a historic week after breaking record highs above $ 67,000 on Wednesday.