The anonymous creator of Bitcoin Satoshi Nakamoto is in our bitcoin news today after ranking 44th at the world’s top 100 global finance leaders leaving billionaire Mark Zuckerberg behind.
According to Worth.com, Satoshi is the 44th most powerful person in the finance world for creating the world’s first peer-to-peer cash payment protocol which grew to be a multi-billion dollar market.
Bitcoin made possible for people to send and receive payments between them without the need of an intermediary since all of the data is recorded and stored on a public ledger-blockchain. There are plenty of companies such as IBM and MasterCard the blockchain and many of them improved their revenues and businesses in general. The number one cryptocurrency also proved to also work great as a tool to fight the inflation in the fiat system.
About 980,000 bitcoins are believed to belong to Satoshi making his/her net worth $19.4 billion. If Nakamoto decides to cash out, the market will probably collapse and bitcoin’s value will crash.
Nakamoto was once nominated for the Nobel Prize for Economic Sciences but the Royal Swedish Academy of Sciences pointed out that an award cannot be awarded anonymously or posthumously.
The 27th position belongs to the former chief executive officer of Digital Asset Holdings Blythe Masters. She left the company in December 2018 for personal reasons. Another crypto-supporting person at position 72 is the CEO of Bakkt Kelly Loeffler. She posted:
‘’If Bakkt succeeds, it will not only boost investor trust and access to Bitcoin as an asset, it will also give ICE a serious edge over the myriad other startups trying to corner this emerging market.’’
Binance Enables Australian Users To Buy BTC At 1,300 Newsstands
‘’Binance Lite is a simple site for users to easily buy bitcoin with cash at physical store fronts. This model makes it really easy to bring new users into crypto, starting with Australia, where the government has taken proactive steps to support the blockchain industry. Users won’t have to open complicated online accounts to start using the service.’’The crypto market in Australia was a little behind than other markets in the world such as South Korea or Singapore because the banks didn’t support the crypto businesses in Australia. Back in 2017, during the strongest crypto rally, reports show that the larger Australian banks closed the accounts on multiple crypto investors. However, starting last year, the government of Australia began its proactive approach in regulating the crypto space and the blockchain industry so the investors are now hopeful that they could improve the market in the long run. Zhou also said that more than $5 billion in crypto was traded in crypto in 2018 in Australia and that since then the government is funding blockchain startups and companies by issuing bonds on the blockchain. The government has also started to accept crypto on airports such as the airport in Brisbane and even held a voting trial on the blockchain. He finished his interview by saying:
“Binance Lite also completes a comprehensive value chain for the Binance ecosystem in Australia. For example, users can show their friends how to buy bitcoin from Binance Lite stores, immediately load it up onto Trust Wallet on their phones, and go on to spend this bitcoin in shops accepting bitcoin payments through TravelbyBit, the payments startup Binance invested in last year.’’
Binance: Australians Can Now Buy Bitcoin With Cash From 1,300+ High-Street Stores
“Binance Lite Australia further expands digital currency adoption by providing easier ways to buy bitcoin. We are excited to continue to roll out more fiat to crypto gateways around the world to support the growth of our industry. We firmly believe that more adoption will lead to more innovation and more economic opportunities.”The account verification will occur on www.binancelite.com - and after that - users can deposit cash at the nearest Newsagent stores to receive crypto within minutes. Binance Lite Australia was designed as simple and easy to use and it sstate-of-the-art order processing technology guarantees maximum safety. Binance recently integrated the credit card payments on Binance.com and launched the fiat-to-cryptocurrency exchange (January 2019) with zero deposit fees - becoming one of the lowest priced exchanges for trading with Euros, British pounds and BTC and ETH. The fiat gateways also included the Binance Uganda, another exchange which supports the trading of Ugandan Shillings for cryptocurrency.
“Australia has been at the forefront of blockchain innovation, and we hope Binance Lite Australia can play a role to help further this cause,” Zhou concluded.
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