Tether and VanEck strategic advisor Gabor Gurbacs has posted a tweet to say where things really stand when it comes to Wall Street, when institutions say they support Bitcoin. Or, rather, when they try to support it, according to their post X.
Tether and VanEck strategic advisor Gabor Gurbacs has posted a tweet to say where things really stand when it comes to Wall Street, when institutions say they support Bitcoin. Or, rather, when they try to support it, according to their post X.
“‘Thanks Satoshi’ for the few real Bitcoin supporters on Wall Street”
Without naming any hedge fund in particular, Gurbacs cited their Bitcoin-based strategy, where they say they support BTC, while offering to buy products based on altcoins (s-coins, as the top executive called them) and pay management fees for them. .
Gurbacs believes that there are only a few entrepreneurs who truly support BTC and “believe in the revolution of money and capital markets.” The few in the commercial space, Gurbacs specified, tend to be “family offices and silent billionaires.”
![Gabor Gurbacs Satoshi N](https://guru-investing.com/wp-content/uploads/2024/05/Satoshi-Nakamoto-praised-by-Gabor-Gurbacs-this-is-why.png)
Agreeing with the point raised by X user @MrHodl, Gurbacs said, “Thanks to Satoshi” for having the opportunity to accumulate Sats. “If everyone got it, we would accumulate many fewer satellites today,” the user tweeted.
Ripple CTO denies being Satoshi Nakamoto once again
In a recent tweet, Ripple CTO David Schwartz again commented on allegations about him as the enigmatic creator of Bitcoin: Satoshi Nakamoto. Schwartz was one of the original creators of the XRP Ledger. They became fascinated by Bitcoin and decided to create a better version with a different name to overcome its limitations in 2011.
Schwartz admitted that he has all the coding skills necessary to be Satoshi. However, he said that he doesn’t know Qt, a cross-platform framework of the C+ coding language.
Still, Schwartz admitted that the idea that he could be Satoshi or part of the team that was Satoshi is plausible but not true.
Bitcoin launched in 2009, and Satoshi disappeared from public view in 2010 after leaving his creation in the hands of BTC enthusiasts, including Hal Finney and Gavin Andreesen. In 2011, XRPL was created and Charlie Lee launched Litecoin. In 2013, Jackson Palmer and Billy Markus used Bitcoin code to create the original meme cryptocurrency, DOGE, as a parody of BTC, and launched it in December of that year.