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▲ Bitcoin (BTC), Satoshi Nakamoto/ChatGPT generated image
Industry leaders have assessed that the Bitcoin (BTC) ecosystem has matured to the point where the identity of its founder, Satoshi Nakamoto, no longer acts as a market variable.
Cryptocurrency media outlet U.Today reported on April 23 (local time) that years of efforts to uncover the anonymity of Bitcoin's founder have reached an ideological dead end. The heads of major virtual asset companies such as Strategy and Coinbase unanimously agreed that Satoshi's identity is now a piece of history, not a factor that will shake the market.
Strategy CEO Phong Le, commenting on the recently released documentary 'Finding Satoshi,' emphasized the importance of acknowledging and humbly accepting the founder's contributions rather than attempting to expose their identity. Coinbase CEO Brian Armstrong also assessed that Bitcoin's code and economic model have now succeeded in standing on their own, proving independent value regardless of who its founder is.
There is also an analysis that the theories naming Hal Finney and Len Sassaman, both considered strong candidates for Satoshi in the industry, have the most neutral impact on the market. This is because both individuals passed away in 2014 and 2011, respectively, virtually eliminating the 'black swan' risk of 1.1 million BTC, presumed to be owned by Satoshi, suddenly flooding the market. The fact that the keys to access the founder's wallet have physically ceased to exist acts as a powerful mechanism for resolving market uncertainty.
Currently, Bitcoin has already grown into a massive asset, surpassing the founder's influence. Strategy holds 815,000 BTC, and BlackRock owns 806,000 BTC, with their combined total exceeding the founder's holdings. The massive capital of these institutions serves as a new axis, acting as a modern collective Satoshi, supporting the network's decentralization and resilience.
Satoshi Nakamoto now holds historical significance as a tragic genius rather than a mysterious manipulator. Bitcoin's code is already verified and operated by tens of thousands of nodes worldwide, freeing it from the reputational risk of any specific individual. The virtual asset market is emerging from the founder's shadow, solidifying its independence as a mainstream financial asset and laying the groundwork for sustainable growth.
*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*
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