Ripple CTO David Schwartz has recently hinted that Bitcoin’s enigmatic creator, Satoshi Nakamoto, might have held a significant amount of XRP. This intriguing claim, made during his 2021 deposition in the SEC vs. Ripple lawsuit, has reignited speculation that Schwartz himself could be Satoshi.
Let’s uncover the truth.
During the deposition, Schwartz revealed that Satoshi likely held a substantial amount of XRP back in 2017. He highlighted that while Ripple was actively developing a payment system centered around XRP, no similar efforts were made for Bitcoin. Schwartz pointed out that Ripple’s control over XRP provides the company with a strategic advantage over Bitcoin.
The notion that Satoshi held a large amount of XRP has fueled rumors about Schwartz’s potential identity as Bitcoin’s pseudonymous creator. Several coincidental events add weight to this theory:
While these events and Schwartz’s statements add to the speculation, they do not confirm that he is Satoshi Nakamoto. The true identity of Bitcoin’s creator remains one of the greatest mysteries in the crypto world.
The ongoing speculation about Satoshi Nakamoto’s identity continues to captivate the crypto community, with new claims and theories keeping the mystery alive.
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