Economists have found one more reason for a slump in the crypto market. In this case, the threat comes from the creator of bitcoin.
According to the legend, the first cryptocurrency was created by Satoshi Nakamoto. However, there is no data that proves this fact. Whoever this person is, his or her coming from the shadow is likely to cause a blow to the digital currency market.
Experts believe that the appearance of Satoshi Nakamoto or a group of programmers who use this pseudonym will cause a tumble in the main cryptocurrencies. In fact, developers of bitcoin may sell their coins in advance, reveal their identity, and shut down the project. According to some sources, Nakamoto has over one million bitcoins (around $50 billion) or 5% of all existing coins. Thus, if he decides to sell off his bitcoins, this will surely destabilize the crypto market.
Notably, the main version says that bitcoin was developed by Satoshi Nakamoto. During the existence of cryptocurrencies, no one has found any reliable information about this person. That is why most people suppose that there are several IT specialists behind this pseudonym.
