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Bitcoin Average Growth 100% Year - Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides

May 25, 2021
The solution to the problem facing billions of people around the world: access to a cheap, secure and reliable savings account.
Note:
With its fixed supply, open-source software and peer-to-peer (p2p) structure, bitcoin is
the global money of the people, by the people, for the people.
What Is Bitcoin?
There are countless responses to this simple question and bitcoin analogies are plentiful from bamboo to mycelium and, most relevant for this article, gold 2.0. For people unfamiliar with bitcoin’s attributes, the following infographic by Bitcoin OG Wences Casares is useful:
Note: Bitcoin is made up of 100 million satoshis, rather than 1 million bits. Graphic credit: Wences Casares ....

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Industry reacts to SegWit2x cancellation – Bankless Times

Industry reacts to SegWit2x cancellation
The SegWit2x fork has been cancelled.
Bankless Times spoke with industry participants to get their thoughts.
Bharath Rao
Bharath Rao, CEO of Leverj: “While occasional forks due to deep philosophical differences are inevitable, habitual forks damage the network effect of any blockchain and undermines security and faith in the system. Cryptocurrency is still experimental and repeated forks can fracture the community into tiny silos and undermine the very concept of non-governmental money. Rewards exist precisely because risk and opportunity exist. Every small mitigation of a risk enhances value, and this event is no different. The Bitcoin community welcomed the cancellation of Segwit2x with a huge price spike. We hope to see a continuous stream of risks eliminated and value enhanced over the next several years.” ....

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Australian man who claims he created Bitcoin takes court action

Australian man Craig Wright claims he used pseudonym Satoshi Nakamoto when writing the cryptocurrency s foundational white paper. ....

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Australian Bitcoin 'creator' files UK lawsuit to retrieve $5.6B cryptocurrency fortune

Australian Bitcoin âcreatorâ files UK lawsuit to retrieve $5.6B cryptocurrency fortune
He s seeking to retain 111,000 Bitcoins
Ivan covers Big Tech, India, policy, AI, security, platforms, and apps for TNW. That s one heck of a mixed bag. He likes to say Bleh.
Ivan covers Big Tech, India, policy, AI, security, platforms, and apps for TNW. That s one heck of a mixed bag. He likes to say Bleh.
Another day, another person claiming theyâve created Bitcoin. Craig Wright, an Australian computer scientist, has launched a $5.6 billion lawsuit in a London high court to retrieve 111,000 Bitcoins, claiming that heâs the inventorÂ of the cryptocurrency. ....

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Australian man Craig Wright who alleges he created bitcoin takes £4bn claim to London high court

Wright, who is bringing the case through his Seychelles-based Tulip Trading firm, concedes he is a controversial figure since alleging in 2016 that he wrote the bitcoin white paper â which first outlined the technology behind the digital assets â under the pseudonym Satoshi Nakamoto in 2008. The claim is hotly disputed.
The Australian, who is autistic and lives in Britain with his wife and two of his three children, alleges in his latest lawsuit that developers have breached their duties to act in the best interests of the rightful owner of globally-traded assets.
âOur client has always maintained that he created bitcoin to operate within existing laws and that in the event of loss or theft, where legitimate ownership can be proven, the developers have a duty to ensure recovery,â said Paul Ferguson, a partner at law firm Ontier, which is representing Wright. ....

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