We Are All Satoshi

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Michael Saylor, an ardent supporter of Bitcoin and MicroStrategy’s executive chairman, has frequently used his account on a popular social media platform to discuss with his many followers the enigmatic individual behind Bitcoin, who goes by the pseudonym Satoshi Nakamoto.

In a recent tweet, Saylor shared a well-known quote often employed in response to the age-old riddle – “Who is Satoshi Nakamoto?” Simultaneously, the Bitcoin rate is edging closer to the $103,000 mark.

“We are all Satoshi,” Saylor says

In a recent posting, Saylor shared an artificially intelligent-crafted image depicting him mimicking the pose of the Satoshi statue, which was revealed in Switzerland last year, with his legs crossed and clutching a laptop.

As a passionate crypto investor, I often find myself resonating with the statement “We are all Satoshis.” This phrase carries a profound meaning in our community, symbolizing the potential for anyone to contribute to and benefit from the decentralized world of digital currencies, just like the mysterious figure behind Bitcoin, Satoshi Nakamoto.

We are all Satoshi.

— Michael Saylor⚡️ (@saylor) January 17, 2025

Daily, Michael Saylor posts tweets featuring AI-generated images of himself that carry a Bitcoin theme. Yesterday’s tweet, for example, declared “there is no second best” in reference to Bitcoin. In the accompanying image, Saylor was portrayed by AI as wearing advanced armor and wielding a large sword, symbolizing Bitcoin’s dominance over the broader cryptocurrency market. This statement emphasizes Bitcoin’s superiority compared to other cryptocurrencies.

Bitcoin eyes $103,000

In the past day, Bitcoin, the world’s largest cryptocurrency, saw a significant price jump of nearly 6%. Initially priced around $97,500 on Thursday, it peaked at $102,927 earlier today. However, since then, its value has slightly decreased and is currently at $102,485.

As the inauguration of the newly-elected U.S. president draws near (on January 20), Bitcoin has experienced significant growth. The incoming president is expected to bring positive changes in crypto regulation within the U.S. and plans to establish a Strategic Bitcoin Reserve. The crypto community anticipates an announcement regarding this on Monday, January 20. Additionally, it’s worth noting that the U.S. government currently holds approximately 70,000 Bitcoins seized from a Silk Road hacker, which a court has authorized to be sold. There is speculation within the community that these Bitcoins could potentially be used by the U.S. government to initiate the creation of the reserve.

Additionally, it’s been observed that Bitcoin Exchange-Traded Funds (ETFs) have seen significant investments. BlackRock alone has amassed approximately $528 million in Bitcoin, leading the charge in this daily buying trend. The ARK 21Shares ETF has purchased around $155.44 million worth of Bitcoin, while Fidelity, Bitwise, and VanEck have accumulated approximately $13 million each.

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2025-01-17 17:27