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Gabor Gurbacs, VanEck Digital Asset Strategist, Shares Insights on Satoshi’s Legacy and the Mystery of His Existence”

Gabor Gurbacs, the Digital Asset Strategist at VanEck and Tether, recently expressed his views on Satoshi Nakamoto’s disappearance, shedding light on what he considers one of Satoshi’s most impactful contributions to the Bitcoin community. Gurbacs took to Twitter/X to share his perspective on the matter, emphasizing that Satoshi’s decision to vanish ranks among the “best things Satoshi has done” for Bitcoin and its community.

According to the CEO of VanEck, Satoshi Nakamoto’s disappearance was a pivotal moment in the early days of cryptocurrency. Gurbacs sees this act as instrumental in eliminating Bitcoin’s mysteries, potential attack vectors, and centralized control. Satoshi, who actively avoided media attention and fame, provided Bitcoin with a sense of decentralization and security, as noted by Gurbacs. Expressing gratitude for these positive aspects brought forth by the anonymous Bitcoin innovator, Gurbacs extended his respect to wherever Satoshi might be if still alive.

When confronted with the question of Satoshi’s current existence, posed by Bloomberg’s Eric Balchunas, Gabor Gurbacs proposed a peculiar answer – “both.” While acknowledging the perplexity of this response, Gurbacs explained that many cryptocurrency users believe Nakamoto to be a collective entity rather than an individual. It appears that Gurbacs aligns himself with this perspective.

Gurbacs entertains the possibility that Satoshi Nakamoto could be a group of IT engineers, drawing parallels to a group of mathematicians who adopted the collective name Nicholas Bourbaki in the early thirties. Additionally, he speculates that the Roman poet Publius Vergilius Maro (Virgil) might have been a collective of individuals. All these musings were shared during an event in New York City.

The announcement marks the 15th anniversary of Bitcoin’s block mining, which commenced on January 3, 2009. This milestone was commemorated with a digital billboard displaying a message about Satoshi Nakamoto’s supposed role as the “Finance Minister in The Times on 03/01/2009, about to present a second rescue plan for banks.” According to cryptocurrency journalist and insider Colin Wu, the billboard’s cost was covered by an anonymous donation.

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This Bitcoin announcement underscores the significance of the cryptocurrency’s journey since 2009, highlighting its evolution into a well-known reserve asset on Wall Street and a foundational element in traded investment funds.

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