Satoshi Post Unearthed From 1999?
Recenently Adam Black, the CEO of Blockstream took to Twitter regarding the possibility of a newly surfaced Satoshi post from 1999! Black believes that the 200 word post could indeed be a young Satoshi describing his future plans to the cypherpunk community.
The post seems to carry the hallmarks of Bitcoin creator, Satoshi Nakamoto. Black says much of the design and ideals surrounding Bitcoin are discussed in the post.
Reference is made to "double spending" and "coins", by the anonymous writer as he passionately explains his case. If indeed this is a young Satoshi, we can conclude that the work for Bitcoin began at least a decade before Bitcoin was even revealed.
Crypto Derivatives Exchange FTX Adds Oil Futures!
FTX has acted swiftly and introduced oil futures fresh off the back of recent oil volatility. A lot of people do not realize how a price can go negative. In the futures market when contracts expire, holders actually take ownership of the commodity.
As demand slumped and contracts were fast approaching expiration, traders began unpacking contracts as nobody wanted to take ownership of the physical oil. To avoid storage and transport costs, traders were willing to pay to have the contract taken off their hands, thus resulting in a negative price.
The FTX contract comes packaged with a $100 buffer. It is quite likely that we will experience a similar scenario upon the next contract expiration.
YouTube To Be Sued By Ripple
Brad Garlinghouse, CEO of Ripple is reportedly enraged by the scams being aired on YouTube. Scammers, portraying themselves as Ripple representatives are causing irreparable harm to the public image of the company.
YouTube seems to be complacent in actually addressing the issue of fraud taking place on their platform. This has caused Ripple to enter into a legal lawsuit against YouTube, as they feel little to no action has been taken to combat the fraud.
I am sure many are interested to see how this one will play out, as YouTube has been causing much heartache for legitimate Crypto content creators over the last few months.
More from Sapphire: Is Satoshi An Insider Who Saw This Day Coming?
