Tech billionaire Elon Musk has unveiled the identity of the person who he believes is the mysterious Satoshi Nakamoto, the creator of Bitcoin. Speaking on the Lex Fridman podcast, the entrepreneur said that computer scientist and cryptographer Nick Szabo might have developed the cryptocurrency. Musk said that Szabo’s theories, particularly the term “smart contacts” and…
Even though Bitcoin remains the world’s leading cryptocurrency by market capitalization, it has not always lived up to its promise of serving as digital cash. Instead, BTC is a store of value and speculative asset above anything else. Other currencies can take their place as leading digital cash as competition continues to heat up in…