John McAfee, the eccentric antivirus pioneer known for his brushes with the law, said he has spoken with Bitcoin creator Satoshi Nakamoto and plans to reveal the person’s identity. But the timing of the announcement is up in the air. After previously telling Bloomberg he would expose Nakamoto “within a week,” he backed off the plan. McAfee said Tuesday on Twitter the controversy could hurt his efforts to fight an extradition to the U.S. The background of Nakamoto -- a pseudonym that is thought to refer to a person or group of people -- has been fiercely debated for years, with a long list of discredited theories fueling suspicion Bitcoin’s pioneer is probably dead. In recent days, McAfee has said that Nakamoto is a man living in the U.S. “I’ve spoken with him, and he is not a happy camper about my attempt to out him,” McAfee said in a phone interview from the Bahamas. McAfee’s antics and erratic behavior have overshadowed his past as a software pioneer, and it’s hard to know whether he’s finally tracked down the real Nakamoto -- a feat that many others have failed to pull off. Do you think McAfee is bluffing? Follow to stay informed! @blocklantis #satoshi #nakamoto #bit#bitcointechnology #cryptocurrencies #cryptomeme #hodl #altcoin #bitcoinnews #bitcoinsallday #bitcoincharts #cryptotrading #cryptomarket #cryptoworld #blockchain #cryptocurrency #bitcoin
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How Deflation and Inflation affect the Cryptocurrency- Deflation relates to a decrease in the price you pay for goods and services. It’s the opposite of inflation — a term you’ve probably heard of if you’ve ever wondered why prices keep rising in supermarkets. Although it is considered a bad thing in the traditional economy, it isn’t necessarily a bad thing in the crypto world. Inflation is a problem because that $1,000 you store in a safe for a decade could end up buying you a lot less. Bitcoin as a global currency will be impossible once its full deflationary effects are felt. Being termed as digital gold is accurate as its store of value will increase as deflation drives an increase in valuation and scarcity. Check This Link For Full Article- http://bit.ly/2GEQeA0 #Burency #Blockchain #Bitcoin #Inlation #deflation #payment #ICO #etherium #bitcoinatm #Tokenization #Bitcointrading #Hyperledger #trading #cryptolover #profitable #cryptocurrency #ltc #minning #blockchainindustry #cryptocurrencymarket #altcoin
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