<p>Myth: No one knows who started Bitcoin. Truth: “Satoshi Nakamoto” is a fictional name for a single person, or, potentially, a group of people who wish to remain out of the public eye. Since they’ve managed to do this so far, it’s likely that they have a long history of secrecy keeping. This suggests strong bonds, such as one finds in a governmental context (i.e. ex-NSA employees, like Snowden), or organized crime. In any case, it’s likely that a few people, potentially including governmental security agencies, know who “he” is. Some of these people are undoubtedly becoming extremely rich along with Satoshi. Myth: Bitcoin only has 21 million possible coins and therefore can’t be used broadly as an exchange mechanism. […]</p><p>The post Six myths about Bitcoin appeared first on Bitcoin Magazine.</p> January 22, 2014 at 10:01AM