Best Of FORBES: Everything You Need To Know About Bitcoin, Satoshi Nakamoto

By March 6, 2014Bitcoin Business
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Want to know the latest on what’s happening with Bitcoin and Satoshi Nakamoto? FORBES reporters cover the story here:

“It’s been nearly three years since anyone involved with Bitcoin heard from Satoshi Nakamoto, the inventor of the cryptocurrency that has created fortunes and changed lives. Now it seems that Nakamoto has finally been revealed. And many in the Bitcoin community would rather that the godfather of digital money had remained a cipher” — Andy Greenberg. Read Bitcoin Community Responds To Satoshi Nakamoto’s Outing With Disbelief, Anger, Fascination

“In Newsweek, finance editor Leah McGrath Goodman claims to have outed the mysterious creator of the digital currency Bitcoin. The Japanese-American man lives in California and incredibly, is actually named Satoshi Nakamoto. Many in the Bitcoin community have reacted with disbelief and outrage at the “doxxing” of the reclusive creator arguing that the exposure is a massive invasion of privacy. But if true, the article is just an act of great investigative reporting” — Kashmir Hill. Read The Outing of Bitcoin Creator Satoshi Nakamoto Is Brilliant Journalism

And in other news:

“It’s been almost a month and a half since Carl Icahn lobbed the first grenade in his fight with Ebay, and his latest missive in the fight that launched a thousand headlines attempts to refocus the discussion on his initial proposal that the online marketplace should spin off its lucrative payments business PayPal” — Steve Schaefer. Read Icahn Fires Again In EBay Fight, Targeting Andreessen And PayPal Split

“In the week since Russian leader Vladimir Putin began making military moves in Ukraine’s Crimean region, President Obama has been heavily criticized by Republicans on Capitol Hill. The critics claim that Obama has encouraged aggression by showing weakness in previous crises, that he has cut military spending too much, that he has pursued a feckless foreign policy, and that he has no strategy. Some of these complaints may have a grain of truth at their core, but the charge that the administration has no strategy is completely wrong” — Loren Thompson. Read New Pentagon Strategy A Good Fit For Ukraine Crisis

“U.S. employers this year face their ‘smallest increases in health care costs in 15 years,’ according to a new survey showing the latest evidence of health inflation slowing. Towers Watson (TW), an employee benefits consulting firm and the National Business Group on Health, an association of large employers, said the cost of providing employer-sponsored benefits will rise 4.4 percent this year. Employer costs, which were $9,157 last year, are projected to rise to $9,560 in 2014″ — Bruce Jaspen. Read Employer Health Cost Increases At 15-Year Low As ObamaCare Comes Into View

“California, home of Hollywood, is no longer the most popular place to shoot a movie. It’s not even the second-most popular place. According to a report by FilmLA, California ranks fourth behind Louisiana, Canada and the U.K. Fifteen years ago 64% of the top 25 live-action movies were filmed in California. In 2013 only 8% were filmed here” — Dorothy Pomerantz. Read Cameras Rolling — Away From California: State Falls To Fourth In Film Production

“Tracking released on Tuesday has suggested that the Lionsgate/Summit release Divergent could open over/under the $69 million debut of the first Twilight film. Its first day of ticket purchasing on Fandango also rang up strong presale figures on Tuesday as well, allegedly one of their biggest first-day sales in the company’s history. If said figures are even remotely accurate in terms of the film’s March 21st debut, pretty much the entire industry can breathe a sigh of relief. After a miserable thirteen months where four high-profile young-adult fantasy adaptations bombed pretty hard, the upcoming theatrical release of Divergent was far more important than the failure or success of itself as a film or a franchise” — Scott Mendelson. Read ‘Divergent’ Doesn’t Need To Be A Blockbuster To Be A Hit

FORBES news:

Over the weekend, Warren Buffett issued his annual letter to Berkshire Hathaway’s shareholders, displaying the wit and insight that has propelled him to beat bull and bear markets alike over the past 40-plus years. If you want to know more about what motivates the Oracle of Omaha, check out the FORBES ebook, ‘Warren Buffett, The $59 Billion Philanthropist’. Available on iTunes and Amazon now.
Follow @EmilyCanal

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