Tag Archives: Bitcoin

Alleged Bitcoin Founder Chased By Reporters

Alleged Bitcoin Founder Chased By Reporters

By Anthony Alaniz

Earlier this week, Newsweek alleged Dorian Satoshi Nakamoto was the creator and founder of Bitcoin, the new, anonymous cryptocurrency.

In the ensuing media frenzy trying to identify the mysterious man, Nakamoto left his home to ride around Los Angeles in a car with a reporter while being chased by several other reporters.

Nakamoto rode with a reporter for the Associated Press, according to Los Angeles Times reporter Andrea Chang. Nakamoto spoke with Chang and he denied being the creator of Bitcoin.

Nakamoto lives in Temple City, Calif., and journalists staked themselves outside his home when the Newsweek report was published Thursday.

Bitcoin was founded in the late 2000s, and has gained popularity as an anonymous and decentralized international currency. The founder and creator of Bitcoin has remained a mystery, though many suspect the creator uses “Satoshi Nakamoto” as a pseudonym.

Many within the Bitcoin community were upset that Newsweek tried to identify the creator.

It looks like we are no closer to learning the identity of the creator and founder of Bitcoin.

If you need a car accident lawyer, call The Law Offices of Koenig and Nguyen at 877-720-5779.

Tesla Model S Bought With Bitcoins

2013 Tesla Model S

2013 Tesla Model S (Source: Tesla)

By Anthony Alaniz

Bitcoin, the new digital currency that is attempting to revolutionize global finance was used to buy something other than drugs and other illicit activities—a Tesla Model S.

The Model S, Tesla’s first foray into mass-market automotive production, is the future of electric automobiles.

The sale happened at Newport Lamborghini in Costa Mesa, Calif. However, why anyone would forgo a Lamborghini is still being investigated.

“Lamborghini Newport Beach is proud to announce that we are fully capable of accepting Bitcoin as legal tender for vehicles. We are excited to be opening the door to this new currency,” the dealership said in a blog post.

While the currency is still relatively new, it is gaining traction. Richard Branson’s Virgin Galactic is now accepting Bitcoin as an acceptable form of currency. It is still unknown how popular the currency will become, or even how well it will hold its value. Like all things in finance, many are worried that there could be an impending collapse.

All that is certain right now, is that the currency is a hot commodity. A dealership accepting it as a form of legal tender is a great step at legitimizing the currency for the mainstream.

If you need a car accident lawyer, call The Law Offices of Koenig and Nguyen at 877-720-5779.