According to U.Today, Samson Mow, CEO of Bitcoin adoption-focused company Jan3, recently engaged in a discussion about Bitcoin privacy and the identity of its pseudonymous creator, Satoshi Nakamoto. Mow quoted Nakamoto's statement from the Bitcoin white paper, which suggested an alternative method of maintaining privacy compared to traditional banking models. Nakamoto proposed keeping private keys anonymous, allowing transactions to be visible but not linked to any specific individual.
Mow's comments sparked a response from Ledger CTO Charles Guillemet, who argued that 'Pseudonymity is a weak form of privacy.' Mow retorted by challenging Guillemet to reveal Nakamoto's real identity.
In a separate conversation, Mow predicted the emergence of 'Omega Bitcoin candles,' a term referring to large greed trading candles associated with high volatility. He believes that the recent Bitcoin halving, which reduced block rewards from 6.25 BTC to 3.125 BTC, will create a Bitcoin supply shock. This, coupled with the demand shock created by spot Bitcoin ETFs buying up BTC from the market, could lead to the appearance of Omega candles, potentially driving Bitcoin's value to the anticipated $1 million mark.
Following the halving, Bitcoin's value increased by nearly 10% to reach $67,000. However, it has since declined by 3.76%, with Bitcoin currently trading in the $64,400 range.
