According to wikipedia.org, Satoshi Nakamoto is a person or group of people who created the Bitcoin protocol and reference software, Bitcoin Core. In 2008, Nakamoto published a paper on The Cryptography Mailing list at metzdowd.com describing the Bitcoin digital currency. In 2009, he released the first Bitcoin software that launched the network and the first units of the Bitcoin currency, called bitcoins.”
Today the domain name Satoshi.com just crossed the Sedo domain sales wire selling for $75,000.
The buyer appears to be a David Rowe of London who owns around 470 other domains according to DomainTools.com
The domain name is not yet resolving.
The domain name was owned by someone in Korea.
Respect 2 David Rowe. That is a great brand name.
Nice sale. I’m fascinated with the whole bitcoin craze because I (still) just don’t get it. It kinda reminds me of the bitTorrent craze back in the day, and my college roommates showing me how to download movies and music on our computers. But I don’t understand the trust behind bitcoins. They have no backing. Everyone can’t own them and they’ll never replace actual money. So my question is, do the majority of you use bitcoin for convenience such as online shopping? Or have you been buying as an investment; planning to sell when the values go up?
If I’m wrong on any of this then please educate me.
Well I think your too US centric
Go visit a place where you can’t get much money out of the ATM, and when you can sometimes its counterfeit, places where the official exchange rate is way different from the black market rate, where the value of cash changes daily, where governments levy taxes on the money in people’s bank account
Places like Argentina
Ramahn@
Might help = https://medium.com/@nik5ter/explain-bitcoin-like-im-five-73b4257ac833
Vendita, thanks for the link, that helped.
Mike, I’m a vet, I’ve lived over seas before and I still can’t think of how bit coin would have helped me. The yen exchange rates changed yes and so do (as far as I understand) BTC rates. To me bitcoins just seem like “carriers” of anything you can digitize. So if you want to use it as currency, your still dependent of said (real) currency. But, is that the draw? Transactions with no middle man ( bank, govt regs, etc) ?