Wikileaks' official online merchandise store claims that its account with Coinbase has been suspended by the cryptocurrency exchange. Dorian Satoshi Nakamoto—the man who invented bitcoin, according to Newsweek—has issued a statement through his lawyer denying any. LOS ANGELES (AP) — Dorian Prentice Satoshi Nakamoto said Thursday that he is not the creator of bitcoin, adding further mystery to the story of. BUY BITCOIN PAYPAL PAXFUL
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From a crypto investor standpoint, we're still in growth mode, says BlockTower's Bucella. Squawk on the Street. Squawk Box. Next Gen Investing. Want to be paid in crypto? Here are the rewards — and the risks. Russia warship Moskva has sunk; Germany seizes world's largest yacht tied to Russian billionaire. Narcissists share these 5 toxic money habits, says psychologist: 'They often go unnoticed or ignored'. More In Bitcoin. Power Lunch. Closing Bell: Overtime.
We're bullish on Robinhood, says Mizuho's Dan Dolev. I'm somewhat skeptical of cryptocurrency, says actor and crypto critic Ben McKenzie. Ron Insana: Peter Thiel's 'sociopaths' know something he doesn't. Tesla, Block and Blockstream team up to mine bitcoin off Texas solar power. Billionaire Peter Thiel slams Warren Buffett as crypto's 'enemy number one'. Square rolls out new CashApp features for bitcoin investing. Miami cryptocurrency community booms as Bitcoin gets underway.
This crypto fund has outperformed bitcoin for the last five years. World's biggest darknet marketplace, Russia-linked Hydra Market, shut down. But the new Newsweek is not the old Newsweek. The internet killed that magazine star long before it started chasing half-truths. N ewsweek is a lot like Bitcoin.
Bitcoin pretends to be a currency, but it lacks the most important aspect of a currency: stability. Newsweek, now owned by a dubious outfit called IBT, pretends to be Newsweek, a venerable and stable journalistic brand, once owned by the Washington Post. But that Newsweek, the venerable and stable one, went out of a business several years ago — almost no one associated with that Newsweek is associated with the current one.
The new Newsweek is a feisty and uncertain startup. But actually, the print launch is as loosey-goosey as the Bitcoin story itself. And not only is Newsweek, the actual Newsweek, not returning to print; the new Newsweek is hardly printing. Distributing them is the hard and expensive part — the real printing. And it would be a rarity if you were one of the few to pay its high subscription price.
So, this print version is more in name — a conceit, a promotion — than it is an actual business strategy. Still, the media business, like the digital currency business, is a hall of mirrors. And there seems to be no good reason why new Newsweek should be held to a higher standard than anybody else — at least not to the standard of the old Newsweek.
Indeed, all the shocked-shocked response to the Newsweek story — that it was not so much an unmasking of the Bitcoin founder as and estimation or educated guess as to who he might be — is predicated on Newsweek being Newsweek. Which, please, it is not. The bloviating Twitterati should know this. Granted, the new Newsweek is hoping to pass itself off as the old and real Newsweek, but, really, that is less its fault than the fault of the gullible.
If it had been just an internet story — pick your venue: Gawker, Buzzfeed, Business Insider, whatever — it would have been debated praised or dismissed, or likely both with a spike of traffic.
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