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Robert F. Kennedy Jr. Advocates for Bitcoin and Civil Liberties at Bitcoin 2023 Conference

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In a momentous public appearance, Robert F. Kennedy Jr. officially unveiled his candidacy for the presidency at the Bitcoin 2023 conference. Addressing an enthusiastic audience, Kennedy shared his personal experiences with Bitcoin, raised concerns about the rise of government totalitarianism facilitated by technology, and outlined his plans to safeguard the rights of Bitcoin users if elected as president.

Kennedy affirmed his commitment to preserving the inviolable right of individuals to hold and utilize Bitcoin. Drawing on his unwavering dedication to civil liberties, he emphasized that Bitcoin served as both an exercise and a guarantee of these fundamental freedoms.

During his speech, Kennedy recounted how he first became inspired by Bitcoin as a critical tool for freedom. He highlighted its role in circumventing financial restrictions during the Canadian trucker protest, where peaceful protestors found themselves unable to access their funds for essential needs such as mortgage payments and providing for their families. Witnessing the devastating impact of government repression in this context, Kennedy recognized the significance of free money as being just as vital as free expression.

Kennedy has been a vocal supporter of Bitcoin since May 2023, distinguishing it from other cryptocurrencies and urging legislators to foster its development rather than impede it through regulations like the proposed energy tax on miners by the Biden administration. On stage, he reiterated his disapproval of such measures and outlined his administration’s strategies to promote Bitcoin innovation within the United States.

He outlined four key initiatives his administration would undertake: protecting the right to self-custody of digital assets, upholding the right to run a node at home, advocating for industry-neutral energy regulations, and ensuring that the United States remains a global hub for cryptocurrencies. Kennedy pledged to reverse the growing hostility towards the crypto industry exhibited by the government.

Additionally, Kennedy expressed his intention to reevaluate the cases of individuals like Ross Ulbricht, the founder of Silk Road, a bitcoin-based darknet marketplace. He emphasized the need to determine whether their prosecutions were based on genuine criminal charges or served as a means to suppress the crypto space. Kennedy pledged swift action, including considering pardons for those found to have been unfairly targeted.

Kennedy entered the Democratic primary race just before publicly showing his support for the Bitcoin industry on social media and announcing his participation in the Bitcoin 2023 conference. His positions on issues such as vaccine mandates and climate change have set him apart from mainstream Democrats, positioning him as an outsider within the party. Although trailing behind Joe Biden by a significant margin, Kennedy currently occupies the second position in national polling averages.

During his appearance at Bitcoin 2023, Kennedy clarified that he personally does not hold any investments in Bitcoin. Notably, he announced that his presidential campaign would become the first in history to accept donations via the Lightning Network, embracing the technology’s potential.

Concluding his speech, Kennedy emphasized the urgency of building and fortifying democratic institutions in the face of an era characterized by turnkey totalitarianism. He underscored the importance of Bitcoin as the most significant democratic innovation on the horizon, immune to manipulation.

Professional Trader, Social media scholar and a Crypto expert. If you have any comments, suggestions or questions feel free to contact me at [email protected] and i will get back to you shortly.

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Craig Wright’s “Satoshi Nakamoto” Claim Debunked in UK Court Ruling

June G. Bauer

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The mysterious identity of Satoshi Nakamoto, the inventor of Bitcoin, has been a burning question in the crypto world for over a decade. Several self-proclaimed candidates have stepped forward claiming to be Nakamoto, but their assertions have been widely doubted or disproven. One of the most vocal Nakamoto claimants is Australian computer scientist Craig Wright, but a recent UK court ruling has decisively undermined his case.

In a lawsuit brought by the Crypto Open Patent Alliance (COPA), a group representing crypto companies, the British High Court judge firmly rejected Wright’s claim to be the creator of Bitcoin. The evidence presented in court exposed critical flaws and deception in Wright’s story.

According to the lawyer representing COPA, Jonathan Hough, Wright’s insistence on being Satoshi Nakamoto amounted to “a brazen lie and an elaborate false narrative supported by forgery on an industrial scale.” Hough argued that Wright had provided fabricated documents, backdated file edits, and even indications of using AI language models like ChatGPT years before they were publicly available.

The judge, Justice Mellor, found the evidence overwhelmingly against Wright’s claims. In an unusually swift ruling, he stated unequivocally: “Dr. Wright is not the inventor of Bitcoin” and “Dr. Wright is not the author of the Bitcoin white paper, and he is not the person who adopted the name Satoshi Nakamoto.”

This legal setback is just the latest blow to Wright’s efforts to establish himself as the elusive Bitcoin creator. In a separate case in 2018, Wright was sued for fraud by the estate of the late Dave Kleiman, an American computer scientist considered by some to be a potential Nakamoto candidate. Wright lost that lawsuit as well and was ordered to pay $100 million in damages.

As the crypto community continues to speculate about Satoshi Nakamoto’s true identity, Craig Wright’s claims have been definitively dismissed by the UK court. The mystery endures, leaving open the question – who was the brilliant mind behind the revolutionary blockchain technology and the world’s first cryptocurrency? Only time may unravel the details shrouding Bitcoin’s enigmatic origins.

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Former IcomTech CEO Admits Guilt in Cryptocurrency Ponzi Scheme

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In a recent development, Marco Ochoa, the former CEO of IcomTech, has pleaded guilty to a conspiracy to commit wire fraud charge in the United States District Court for the Southern District of New York. This admission of guilt is tied to the infamous Ponzi scheme orchestrated by IcomTech during Ochoa’s tenure as CEO, which lasted from the company’s inception in 2018 until 2019.

The U.S. Department of Justice, in an official statement, revealed that IcomTech enticed investors with the promise of daily returns on investment products, all under the guise of being a cryptocurrency mining and trading enterprise. To attract unsuspecting customers, the company went to great lengths, including hosting extravagant expos and community events on a global scale. Additionally, IcomTech introduced its own digital token, known as an “Icom.”

However, the shocking truth emerged that the company did not engage in cryptocurrency mining activities as claimed. Worse yet, investors found themselves unable to access the profits they believed were accumulating in their accounts. This deceitful scheme eventually unraveled, leading to the company’s collapse in late 2019.

In the aftermath, legal charges were filed against Marco Ochoa and other high-ranking IcomTech executives in November 2022. As a result of his guilty plea, Ochoa now faces a maximum prison sentence of 20 years.

This latest revelation serves as a stark reminder of the importance of due diligence when investing in the cryptocurrency space. It highlights the need for investors to exercise caution and skepticism, especially when confronted with promises of unrealistically high returns. As the cryptocurrency market continues to evolve, staying informed and making informed decisions remains paramount to protect oneself from fraudulent schemes like the one perpetrated by IcomTech.

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Robert Kiyosaki’s Bold Prediction: Citibank Tokens vs. Bitcoin and the US Dollar

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In a recent tweet that sent shockwaves through the cryptocurrency community, renowned author and financial literacy advocate Robert Kiyosaki ignited a spirited debate about the future of Bitcoin and the US dollar. The tweet read:

This bold statement has raised questions about the impact of traditional financial institutions like Citibank embracing blockchain technology and its potential implications for both Bitcoin and the US dollar.

Citibank, one of the world’s leading financial institutions, made headlines by announcing its entry into the blockchain arena. The bank revealed its plans to leverage blockchain technology to create Citibank tokens, which will be backed by institutional savings. These tokens aim to facilitate instantaneous cross-border transactions, operating 24/7 without the limitations of traditional banking hours or international borders.

Bitcoin, often hailed as “digital gold” and a store of value, has faced both optimism and skepticism since its inception. While some see it as the future of global finance, others view it as a speculative asset prone to volatility. Citibank’s move to introduce its blockchain-based tokens could potentially challenge Bitcoin’s status as the premier digital asset.

Citibank’s tokens, backed by the credibility and stability of a major financial institution, may attract investors seeking a more secure and regulated digital asset. This development could lead to increased competition between Bitcoin and Citibank’s blockchain-based tokens, potentially impacting Bitcoin’s market dominance.

The US dollar, long considered the world’s primary reserve currency, has faced its share of challenges in recent years, including inflation concerns and geopolitical uncertainties. Citibank’s blockchain technology could potentially offer an alternative means for cross-border transactions that is not reliant on the US dollar.

As more institutions adopt blockchain-based solutions like Citibank’s, the traditional financial system’s reliance on the US dollar may gradually diminish. This could have far-reaching consequences for the global financial landscape, including potential shifts in currency preferences and a reduced role for the US dollar in international trade.

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