Latest news with #SatoshiNakamoto
Yahoo
2 days ago
- Business
- Yahoo
SatoshiMeme ($SATOSHI) Emerges, Declaring 'Return of Satoshi Nakamoto'
Seoul, KOREA, July 28th, 2025, ChainwireThe P2P Foundation and Commons Foundation have jointly announced the launch of SatoshiMeme ($SATOSHI). The project is designed to reflect on the original principles underlying Bitcoin's creation and to explore new directions through community participation and knowledge sharing in the current blockchain environment. The memecoin sector continues to maintain visibility, with assets such as Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) contributing to broader market activity. According to CoinMarketCap, the total market capitalization of memecoins stands at approximately $54 billion. Within this landscape, SatoshiMeme introduces an approach that emphasizes philosophical reflection. The project highlights the theme of 'returning to Bitcoin's fundamentals' as a central concept, distinguishing itself from other memecoin initiatives. The Place Where Satoshi Once Resided: A 16-Year Homecoming SatoshiMeme's most distinctive feature is the direct participation of the P2P Foundation, the only digital space where Satoshi Nakamoto first publicly announced Bitcoin in 2009. The P2P Foundation holds the unique significance in Bitcoin history as the platform that still possesses Satoshi Nakamoto's only account and posts. At that time, Satoshi Nakamoto announced on the P2P Foundation, "I have been working on a P2P electronic cash system, and I am now releasing the beta version," sharing the Bitcoin whitepaper and initial software. This was the historic moment when Bitcoin was first introduced to the world. P2P Foundation founder Michel Bauwens stated, "We expect the SatoshiMeme project to support the P2P Foundation's knowledge sharing activities and contribute to fund creation for public interest-based projects. This is a meaningful attempt to realize the values of cooperation and openness that Satoshi Nakamoto pursued in a contemporary way." Questioning Bitcoin's Essence Through Memes SatoshiMeme presents reflection on the current cryptocurrency market through a whitepaper released under the concept of "The Return of Satoshi Nakamoto." The whitepaper points to the reality of Bitcoin's transformation into a financial product through a hypothetical message from Satoshi: "Bitcoin is no longer the free currency I sent to the world." The project humorously conveys complex blockchain concepts through 'Satoshi Scripture' parodies, strengthening genuine community belonging through its unique educational approach. Detailed information about SatoshiMeme is available on the official website ( Alternative Economy Realization Through Community Collaboration SatoshiMeme is built on the MicroBitcoin (MBC) blockchain, which hard-forked from Bitcoin's 525,000th block. MBC is a project that started in 2018 with the goal of implementing the micro-economic currency function that Satoshi pursued. It operates in an open-source manner with developers from around the world participating. The Commons Foundation announced plans to expand cooperation with Bitcoin communities worldwide through SatoshiMeme. The foundation aims to spread the practical value of decentralization and P2P economics through creative collaboration with open-source developers, and support the continuous development of the cryptocurrency field. Currently, listing discussions are underway with major exchanges worldwide, with plans for phased market entry through launchpads and presales. This project presents the goal of promoting community-based economic experiments through a contemporary reinterpretation of Satoshi Nakamoto's philosophy. Related Organizations MicroBitcoin: Open-source project initiated in 2018 as a Bitcoin hard fork ( Commons Foundation: Non-profit foundation supporting commons-based projects ( P2P Foundation: P2P Foundation: Global P2P research and education network established in 2005 ( About Commons Foundation The Commons Foundation is a non-profit organization dedicated to fostering commons-based peer production and community-driven innovation. Established to support projects that prioritize collective ownership, open knowledge sharing, and decentralized governance. Key Activities: The foundation identifies and incubates commons-based projects, provides funding for community-driven initiatives, and facilitates knowledge sharing between global commons communities. Notable achievements include supporting multiple open-source blockchain projects and establishing partnerships with leading P2P organizations SongCommons Foundationsopoong@ Permalink | © Copyright 2025 All rights reserved Sign in to access your portfolio
Business Insider
2 days ago
- Business
- Business Insider
SatoshiMeme ($SATOSHI) Emerges, Declaring 'Return of Satoshi Nakamoto'
The P2P Foundation and Commons Foundation have jointly announced the launch of SatoshiMeme ($SATOSHI). The project is designed to reflect on the original principles underlying Bitcoin's creation and to explore new directions through community participation and knowledge sharing in the current blockchain environment. The memecoin sector continues to maintain visibility, with assets such as Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) contributing to broader market activity. According to CoinMarketCap, the total market capitalization of memecoins stands at approximately $54 billion. Within this landscape, SatoshiMeme introduces an approach that emphasizes philosophical reflection. The project highlights the theme of 'returning to Bitcoin's fundamentals' as a central concept, distinguishing itself from other memecoin initiatives. The Place Where Satoshi Once Resided: A 16-Year Homecoming SatoshiMeme's most distinctive feature is the direct participation of the P2P Foundation, the only digital space where Satoshi Nakamoto first publicly announced Bitcoin in 2009. The P2P Foundation holds the unique significance in Bitcoin history as the platform that still possesses Satoshi Nakamoto's only account and posts. At that time, Satoshi Nakamoto announced on the P2P Foundation, "I have been working on a P2P electronic cash system, and I am now releasing the beta version," sharing the Bitcoin whitepaper and initial software. This was the historic moment when Bitcoin was first introduced to the world. P2P Foundation founder Michel Bauwens stated, "We expect the SatoshiMeme project to support the P2P Foundation's knowledge sharing activities and contribute to fund creation for public interest-based projects. This is a meaningful attempt to realize the values of cooperation and openness that Satoshi Nakamoto pursued in a contemporary way." Questioning Bitcoin's Essence Through Memes SatoshiMeme presents reflection on the current cryptocurrency market through a whitepaper released under the concept of "The Return of Satoshi Nakamoto." The whitepaper points to the reality of Bitcoin's transformation into a financial product through a hypothetical message from Satoshi: "Bitcoin is no longer the free currency I sent to the world." The project humorously conveys complex blockchain concepts through 'Satoshi Scripture' parodies, strengthening genuine community belonging through its unique educational approach. Detailed information about SatoshiMeme is available on the official website ( Alternative Economy Realization Through Community Collaboration SatoshiMeme is built on the MicroBitcoin (MBC) blockchain, which hard-forked from Bitcoin's 525,000th block. MBC is a project that started in 2018 with the goal of implementing the micro-economic currency function that Satoshi pursued. It operates in an open-source manner with developers from around the world participating. The Commons Foundation announced plans to expand cooperation with Bitcoin communities worldwide through SatoshiMeme. The foundation aims to spread the practical value of decentralization and P2P economics through creative collaboration with open-source developers, and support the continuous development of the cryptocurrency field. Currently, listing discussions are underway with major exchanges worldwide, with plans for phased market entry through launchpads and presales. This project presents the goal of promoting community-based economic experiments through a contemporary reinterpretation of Satoshi Nakamoto's philosophy. Related Organizations MicroBitcoin: Open-source project initiated in 2018 as a Bitcoin hard fork ( Commons Foundation: Non-profit foundation supporting commons-based projects ( P2P Foundation: P2P Foundation: Global P2P research and education network established in 2005 ( About Commons Foundation The Commons Foundation is a non-profit organization dedicated to fostering commons-based peer production and community-driven innovation. Established to support projects that prioritize collective ownership, open knowledge sharing, and decentralized governance. Key Activities: The foundation identifies and incubates commons-based projects, provides funding for community-driven initiatives, and facilitates knowledge sharing between global commons communities. Notable achievements include supporting multiple open-source blockchain projects and establishing partnerships with leading P2P organizations globally. Contact
Morocco World
5 days ago
- Business
- Morocco World
XRP and Bitcoin: A 2025 Perspective with the Power of Hashj
XRP and Bitcoin still make waves and fill columns in the ever-changing high-tech financial world. Although these two cryptocurrencies may differ in their structure and mission, they still have one thing in common: they exist to change the way in which we store and transfer value internationally. Both have been impressive as to their resilience, innovation, and increased adoption as of 2025. This article explores the special position of XRP and Bitcoin in the current market, their advantages, current performance, and the role of the Hashj platform, which makes investing in cryptocurrencies easier than ever before. If you have never been exposed to cloud mining, you can click to register and receive $118 (100 USD trial bonus + 18 USD cash) to experience mining. What is XRP and what is Bitcoin? Bitcoin (BTC) The Digital Gold It was created in 2009 by an anonymous man or woman named Satoshi Nakamoto and it is the first cryptocurrency. It caused the appearance of an alternative financial system, decentralized, built on peer-to-peer relationships, without banks or intermediaries, in which participants could send money anywhere in the world. The important details regarding Bitcoin: Objects: means of storing value and means of the exchange. Supply: 21 million BTC only. The security: PoW blockchain (mining-based). July 2025 Current value: ~US Dollars 117,500 per BTC. Market Value: More than 1.25 trillion dollars. The low supply of Bitcoin makes it attractive to buy on the long-term. As more countries and interest groups accept and institutional investors take an interest in it, it has come to be nicknamed, digital gold. XRP: Fast Payments of the Future XRP is an indigenous cryptocurrency of the Ripple network designed to enable its global transactions that are fast and low cost. Gone is the need to mine in XRP as it operates on a consensus mechanism between registered participants, which is much more energy-efficient and faster than Bitcoin mining. Important information on XRP: Objective: Cross border liquidity and cross border payments. Sale: 100 billion XRP(No Mining). Speed: The settlement of transactions is 3-5 seconds. Today Date (July 2025): ~$3.0 for 1 XRP = 1 USD in value. Market cap: ~ $48 billion. As more financial institutions and payment providers use it, XRP would remain crucial in bank transfer and remittances across the globe. The Reason Why XRP and Bitcoin are Becoming Popular in 2025 The year 2025 sparked renewed interest and confidence in the crypto market. And several factors are fueling this interest: Regulatory Clarity: Governments of various countries have now managed to clarify the legal status of digital currencies which has led to more adoption by institutions. Ease of use: cryptocurrency mining and investing can be done without being a technological genius through sites such as Hashj. Global Inflation: With the debilitation of the fiat currency, an increased number of people are beginning to resort to Bitcoin and XRP to store and increase their wealth. Speed Factor and Cost-Effectiveness: Lightning-fast transaction time of XRP and the dependability of Bitcoin keep many businesses and users interested in it. Why Hashj Is Your Ultimate XRP and Bitcoin Mining Partner Whether you're just learning how to mine xrp, bitcoin or optimizing a large-scale setup, Hashj is your trusted crypto companion. We offer: Register to receive your immediate $118 reward (a $100 experience bonus plus an $18 cash bonus). Choose the $100 experience bonus plan to receive USD. Passive Profit – The profit will automatically get charged into your account when the contact expires. The Way to Make Profit with Hashj Be it the long term development of Bitcoin or the support of XRP, the platform provides an easily accessible method into the world of cryptocurrency with hashj . On Hashj, Free Activities and Rewards are available. At the very first, users may enjoy free crypto activities on Hashj. They enable registered participants to gain some crypto income valued at low cost in money such as XRP, Bitcoin, etc, without requiring any investments to be made. It is a perfect business for newcomers who want to scan the waters of mining and passive income. The Headache Free Cloud Mining Hashj allows consumers to mine Bitcoins without possessing or operating costly gear. Their cloud mining solution is safe, fast, and environmentally friendly. There is no centralization yet, and so the users will have access to profits of the mining in real-time. Various Mining Alternatives Hashj is supporting mining of different cryptocurrencies which may be: Bitcoin (BTC) Ethereum (ETH) Litecoin (LTC) XRP ( gathering rewards, trading) This fluidity enables users to disperse their crypto portfolio according to the market patterns. User-Centric Dashboard The platform offers simple-to-read income parades, live mining information and clear daily yield, which makes it less difficult for anybody to earn crypto, fully equipped with the tech learning curve. Looking into the future Prospects of XRP and Bitcoin We are now eyeing the future of this year of 2025 and so on, but both Bitcoin and XRP have some potential value: The Halving in Bitcoin in 2024 already increased the supply makers, as prices have risen. There are forecasts that the Bitcoin might go as high as 100,000-120,000 by the year. The growing use of XRP by banks and other fintech services still makes it one of the dominant payment tokens. The legal issue that has been plaguing XRP in most countries has now been cleared thus, it is now possible that XRP will soon surpass the $3.50 mark. Meaning: You should Start Your Crypto Journey Using XRP, Bitcoin, and Hashj The XRP and Bitcoin show two potent, though different, directions in the realm of cryptocurrencies. Whether you are attracted to Bitcoin because of its large user base or to XRP because of its fast processing speed and scalability, neither can be overlooked in a contemporary crypto economy. As evidenced by tools such as Hashj that simplify the process of earning, mining, and increasing your digital assets, there has never been a better time to join. Register now, and check out a variety of free mining tasks and find out how XRP and Bitcoin may begin to work on your financial future! Official website: Download APP: iOS and Android version Tags: BitcoinBitcoin in Islam
Arab News
23-07-2025
- Business
- Arab News
Institutionalizing the cryptocurrency frontier
Cryptocurrencies have long existed in a legal and financial gray zone — praised as disruptive innovations, dismissed as speculative bubbles and often relegated to the periphery of serious capital markets. That era is over. New US federal regulation of digital assets, especially stablecoins, signals a shift from speculation to mainstream investment. Legislation known as the Genius Act is one of three cryptocurrency bills currently advancing in Washington with President Donald Trump's support. This is not merely a regulatory footnote. It is a structural turning point. For the first time since the publication of Satoshi Nakamoto's white paper in 2008, the debate in Washington is no longer about whether to regulate crypto, but how — and, more importantly, who gets to define the rules. With bipartisan momentum and political backing from figures such as Trump, the US is stepping decisively into a global contest over digital financial infrastructure. The implications are material, especially for investors and financial institutions recalibrating their exposure to a space once seen as fringe. Since the collapse of FTX, the crypto industry has not only recovered market capitalization but has also ramped up lobbying efforts, poured capital into US elections and achieved a legislative milestone that provides regulatory clarity for dollar-backed stablecoins. The new framework mandates full reserve backing with short-term, Treasury-like instruments and places oversight in the hands of state or federal regulators. What was once dismissed as internet play money is now being granted legal standing and policy legitimacy. This clarity matters. It creates a regulatory perimeter in which US-based issuers like Circle can scale and in which institutional finance can enter without reputational or compliance risk. The regulatory moment resembles the Telecommunications Act of 1996, which sought to modernize laws for an internet-driven world. Like that law, today's crypto framework is racing to catch up with technological reality — aiming to open the gates to competition while preserving systemic resilience. Major players such as Citigroup and JPMorgan are not just taking notice, they are moving in. Citigroup CEO Jane Fraser has pointed to rising client demand for 'multi-asset, multi-bank, cross-border, always-on' payment solutions — characteristics that programmable, blockchain-based money can deliver. JPMorgan and Citibank are developing deposit tokens: bank-backed digital instruments designed to retain institutional control while mimicking the benefits of stablecoins. These moves underscore a deeper truth: stablecoins are not just a crypto niche — they are fast becoming a parallel infrastructure for global payments. Settling instantly, operating continuously and increasingly functioning outside legacy banking rails, these instruments resemble nothing so much as the Eurodollar markets of the 1960s — offshore dollar liquidity that reshaped global finance while evading domestic regulatory control. Stablecoins are already testing the limits of monetary sovereignty, with the potential to rival traditional payment networks in speed and reach. And like the Eurodollar, their evolution may define a generation of financial innovation — unless they are absorbed by the incumbents first. Yet crypto-native firms are outpacing the banks. Circle has soared in valuation. Coinbase, benefiting from its stablecoin partnership, has seen record highs. The market is voting with capital. The era of programmable money is not coming — it is already underway. For serious investors, this presents both an opportunity and a challenge. Regulation is no longer a threat to crypto. It is a prerequisite for scale. Just as the Securities Acts of the 1930s laid the foundation for modern capital markets, today's digital asset legislation seeks to institutionalize a new financial layer — without stifling its underlying dynamism. That historical moment transformed Wall Street; this one could do the same for the blockchain economy. Still, this will not be a clean transition. A single token can be a governance tool, a medium of exchange and a speculative asset — simultaneously. Decentralized exchanges mimic brokerages but lack centralized accountability. Applying legacy legal frameworks to these hybrids is like regulating aviation with maritime law. Critics, especially among Democrats like Elizabeth Warren and Maxine Waters, have raised red flags. They worry about insufficient consumer protections, the potential for systemic risk and — should stablecoin issuers fail — the possibility of future taxpayer bailouts. Their skepticism is not without merit. But their remedy — regulatory inaction or outright prohibition — risks pushing innovation into unregulated offshore zones and ceding global leadership to more agile jurisdictions. Critics argue the legislation introduces more risk than reward. After all, the US already has a functioning payment system — it is called the dollar and, for most purposes, it works just fine. So why reinvent the wheel? For much of crypto's existence, its real-world use case — beyond underground transactions and speculative fervor — has remained elusive. While tokenization promises faster, more efficient payments, the volatility of most cryptocurrencies has made them a poor substitute for fiat money. They are not reliable stores of value and, thus, not viable as everyday currency. Stablecoins attempt to square this circle by pegging themselves to the dollar, offering price stability without sacrificing speed. Most do so by backing their tokens with low-risk reserves like Treasury bills, effectively functioning as digital wrappers for existing US assets. Europe's Markets in Crypto-Assets framework is more than consumer protection. It is strategic industrial policy. By offering a unified regulatory passport across the EU, it provides clarity, scale and first-mover advantage. While the US squabbled over jurisdiction, Europe built the infrastructure. Other jurisdictions — Singapore, the UAE and even Hong Kong — have embraced similar clarity. China has gone its own route with a state-backed digital yuan. The US, long caught in agency turf wars, is finally catching up — but only just. This is not merely a new asset class. It is an emerging economic architecture. In countries like Argentina and Nigeria, crypto offers escape from monetary dysfunction. In Ukraine, it became a wartime financing tool. In the US, stablecoins increasingly serve as the foundation for faster, cheaper and programmable transactions. This is not peripheral experimentation. It is foundational infrastructure. What was once dismissed as internet play money is now being granted legal standing and policy legitimacy. Dr. John Sfakianakis Congress' move signals a shift in political perception: crypto is no longer an anarchic subculture but a matter of financial strategy and sovereign control. But this shift is not without its complications. Trump's vocal support of crypto — and financial ties to digital asset ventures — raises uncomfortable questions about transparency and influence. The intersection of public policy and private gain in the digital asset space will require vigilant scrutiny. Nonetheless, the legislation, despite its imperfections, marks a belated but necessary leap forward. Without regulatory clarity, the US risks becoming a bystander to innovations it helped pioneer. With it, it has a credible chance to shape — not just respond to — the financial infrastructure of the 21st century. As of now, the total crypto asset market exceeds $4 trillion, driven by altcoin gains and positive regulatory developments. Options markets suggest growing investor confidence in continued upward movement. For institutional investors, this is no longer a niche curiosity or a speculative side bet. It is a rapidly institutionalizing frontier. The verdict on crypto is not yet settled. But the idea that it can be ignored has been definitively laid to rest. The law has entered the ledger. The market has taken note.
Business Insider
21-07-2025
- Business
- Business Insider
South Africans spending $1.4m Crypto a year on everyday shopping
To the vast majority of users, cryptocurrency is seen as an investment or trading vehicle. Bitcoin is popular for its potential long-term gains, while smaller coins are commonly used by speculators looking to make sizeable gains from lesser-known cryptocurrencies. However, cryptocurrency wasn't set up as a form of investment. It was designed to operate as a means of transferring value. Its first official use was to buy pizzas, and this was in closer keeping with Bitcoin founder Satoshi Nakamoto's vision. Cryptocurrency Popularity Cryptocurrency has become popular as a store of value, as well as an investment. It is also becoming increasingly popular as a method of paying for goods and services, although only really in some restricted jurisdictions. But, it has become popular for online payments and in the iGaming and sports betting world. Cryptocurrency can be used to facilitate fast payout sportsbooks online, thanks to rapid transaction times. According to online gambling expert Brett Curtis, payments can be completed within a matter of minutes, sometimes instantly, rather than several business days, which is how long it takes with some traditional payment methods like credit cards. South African Crypto Usage While it has not become a mainstream form of payment in any country, some areas do find considerable use for cryptocurrency as a payment method. In South Africa, it has been reported that residents have spent an average of $112,000 a month since November 2024 on groceries and other everyday items. Satoshi's Vision Bitcoin was launched in 2009 by Satoshi Nakamoto. In Bitcoin's 2008 whitepaper, Satoshi described Bitcoin as 'a purely peer-to-peer version of electronic cash [that] would allow online payments to be sent directly from one party to another without going through a financial institution.' In the same year as its launch, the first Bitcoin exchange rate was offered, and in 2010, Satoshi saw his dream of a decentralized payment method realized when software developer Laszlo Hanyecz bought two Papa John's pizzas for 10,000 Bitcoins. At the time, that equated to around $41. At today's exchange rate, the pizzas cost $600m each. Bitcoin enthusiasts now celebrate Bitcoin Pizza Day on May 22 to mark the occasion. However, while Satoshi envisioned a world in which users would be able to send Bitcoin easily to one another and spend cryptocurrency in shops and at other businesses, it took some time for organizations to work out how best to deal with incoming Bitcoin. Early Crypto Challenges Cryptocurrency has unique requirements for vendors and businesses, and this was especially true in the technology's early days. Whereas payment gateways exist now that will convert crypto payments to local currencies before depositing them into the business's account, this hasn't always been the case. Originally, retailers needed crypto wallets and would have to accept payments the same as any individual accepting a Bitcoin transfer from another party. In 2014, however, online retailer Overstock started accepting Bitcoin payments. In January of that year, it accepted Bitcoin payments from US customers, and in September, it rolled the service out to its customers around the globe. At the time, Overstock founder and CEO Patrick Byrne said: 'As long as you can get on the internet, you can order and pay in bitcoin. You can order in North Korea if you want – as long as you're having things delivered to, say, Singapore.' NewEgg and TigerDirect also started accepting Bitcoin payments in the same year, and companies around the globe started to follow suit. The Potential To Serve Unbanked Citizens Bitcoin has long been heralded as having the potential to serve the approximately 1.5 billion unbanked citizens of the world. Unbanked citizens are people with no basic banking services, which can make it impossible to even receive a monthly salary, and can make it difficult to pay for anything from groceries to utility bills and rent. It is estimated that around 23.5% of South Africa's population is unbanked, with many more underbanked, meaning they have severely limited banking functionality. This means around 12 million South Africans do not have access to what many people consider basic financial services. This high ratio of unbanked citizens is one possible reason why South Africa has seen a significant uptick in the number of people using cryptocurrency and the total revenue of crypto purchases. Luno Pay In South Africa Crypto payment platform, Luno Pay, launched a retail payment tool in November 2024 and has said that users have spent a combined $1.1m in cryptocurrency since then. Payments have been used to buy flights, furniture, food, and many other items and services. The company also reported last year that 31,000 retailers in the country accepted cryptocurrency, and this figure has likely risen in the 8 months since the announcement. It's worth noting that while Luno Pay is the most significant crypto payment platform in South Africa, other crypto payment options do exist. Therefore, the figure has been estimated at around $1.4m, which will include direct wallet-to-wallet payments as well as the use of other platforms, and even exchanges. When it comes to exchanges, South Africa's most popular has a recognizable look. Binance and Coinbase lead the way, with the likes of eToro, Kraken, and Gemini also featuring high on the list. South Africa's Crypto Usage It is estimated that nearly 10% of South Africans have or hold some cryptocurrency, which is higher than 7% of the global population estimate. These figures continue to increase, especially as BTC prices continue to rise and as countries and banks around the world wrestle with regulatory frameworks. The SARB And CBDCs The South African Reserve Bank (SARB) has initiated its own investigation into Central Bank Digital Currencies, for example. CBDCs are digital currencies that bear some similarities to cryptocurrencies. They operate on blockchain networks and are spent, sent, and received similarly to the likes of Bitcoin. But where cryptocurrency is decentralized, CBDCs are digital equivalents to local currencies, and they still have the backing and administrative support of central banks. The SARB has not definitively indicated its intention to launch a CBDC, but it is likely to follow other countries that launch their own digital currencies. The Implications on The Crypto Market As South Africa and the rest of the African market continue to increase their crypto spending, it naturally means an increase in crypto acquisitions. This means more money will flow into the cryptocurrency market, not only causing likely price increases for the likes of Bitcoin but also ensuring greater liquidity and even price stability for the market as a whole.
