Friday, December 18, 2015

Bitcoin Creator Wanted Trade it for Gold?

The Bitcoin story has been somewhat strange since it arrived on the scene. We can add this story to the list of bizarre Bitcoin events. According to this Daily Mail article the person who may have been the creator of Bitcoin wanted to swap quite a few of them for some gold and software ($85 Billion). Below are a few quotes from the article.


"The suspected founder of cybercurrency Bitcoin claimed he used nearly $85 million worth of the currency to buy gold and software based on advice from businessman Mark Ferrier.

Sydney academic and supposed Bitcoin creator Craig Steven Wright, who is said to use a Japanese pseudonym, allegedly struck a deal with former mining contractor Mark Ferrier in 2013 and planned to use the gold to build his business, The Australian reported. But the alleged deal fell through, prompting Dr Wright to sue Mr Ferrier for $84.25 million in the Federal court, but the claim was dropped in 2014.

The pair met at a mining conference and allegedly agreed Mr Ferrier would buy software on Mr Wright's behalf. Dr Wright claimed Mr Ferrier, who was working with an ASX-listed goldmining company, also persuaded him to purchase gold - allegedly telling him gold was a good asset to have in case the price of 'funny money' Bitcoin crashed."

No comments:

Post a Comment