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Bitcoin to Face This After ‘Uptober’: ‘$1 Million BTC’ Samson Mow

His tweet comes as Bitcoin has printed a rise to regain the $63,000 level over the past 24 hours. It even managed to come really close to retaking $64,000.

Since Wednesday last week, BTC has demonstrated a price rise of 6.20% as it has gone up from the $60,000 level to $63,800 earlier today. By now, though, BTC has dipped to $63,520 and is changing hands at this price mark.

Bitcoin has shown a 3% growth since Friday as the US jobs report that was published significantly surpassed the expectations of economists and analysts, thus making way for funds to start flowing into risk assets, which many traditional investors consider Bitcoin to be.

Commenting on a tweet by hedge fund manager Kyle Bass saying that Satoshi is a “Chinese intelligence operation,” Mow tweeted that he was working in China in 2009 – the year, when BTC was launched. After that, he “managed the biggest Bitcoin exchange in China”.

Mow tweeted that if one looks at the way the name Satoshi Nakamoto and the word China are spelled in hieroglyphs, the very first character in both will be the same. “It’s just can’t be coincidence,” Mow concluded.

Kyle Bass suggested that China’s intelligence service deliberately created Bitcoin in order to undermine the US economic supremacy in the world reached thanks to the strength of the US dollar.

These discussions have been going on social media over the past week ahead of the HBO Satoshi documentary release this Tuesday, in which the creators hinted they would disclose the real identity of the mysterious Bitcoin inventor.

This article was originally published on U.Today


Source: Cryptocurrency - investing.com

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