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A lawmaker from the Liberal Democratic Party of Russia is speaking out against bitcoin and other digital currencies on the grounds the technology is part of a US plot to undermine the country’s efforts internationally.
originally posted by: Xcathdra
a reply to: wasaka
Russian paranoia was much better during the cold war.
Recently launched by ALFAcoins, the ALFAquotes Fair Bitcoin Price indicator aims to illuminate what it considers the true value of bitcoin by factoring for the cost of bitcoin mining, or the production of the commodity itself. ALFAquotes contends, while most bitcoin traders are buying and selling bitcoins for $259.46, the fair price is roughly double that, at $518.59.
originally posted by: ScientificRailgun
a reply to: mister.old.school
Or perhaps, just perhaps. It's just coincidence.
Satoshi is a common Japanese first name. It means "Clear headed" or "quick witted".
Nakamoto means "Born of the middle" or "centrally located". It is also a very common Japanese family name, particularly in the Ryukyu Islands.
It's a reach to say his name is a play on the words "Central Intelligence". In fact, the name Satoshi doesn't reference "intelligence" at all. But rather someone of clear mind and quick wits, ala "street smarts".