CandleFocus Novogratz Doesn't Think Satoshi Is Alive
2024-12-06
Author: Content Editor
Galaxy Digital CEO Mike Novogratz expressed his belief that Satoshi Nakamoto, the creator of Bitcoin, is not alive during an interview with CNBC. Novogratz praised Bitcoin's recent surge above $100,000 and referred to it as a remarkable achievement by a large coalition of people. He mentioned that although Satoshi initially envisioned Bitcoin as a means of payment, it has evolved into being seen as "digital gold." Various speculations exist about Satoshi's identity, including a recent claim by a Canadian Bitcoin developer, which was dismissed by Todd and the wider crypto community. Novogratz also highlighted the global buying frenzy surrounding Bitcoin but cautioned about potential market retracements and the high levels of leverage in the system. At the time of writing, Bitcoin is trading at $97,989 after experiencing a dip earlier in the day.
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