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THE BLINDSPOT: THE TRUTH IN CRYPTO-SCAMS.

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“A truly successful lie must start with a grain of truth.” “Lies cannot exist without truth; the truth isn't dependent on lies.” Formats used in crypto-scams are based on truth values. I did a review on some scam tricks pulled by these tricksters and found out that every format they use is based on real hustle or businesses. Truly there are miners, truly, there are managers, cloud mining firms, faucets apps, etc, that are genuine. Now these scammers pretend to be one of these genuine businesses(truth value), and promises a very large unusual profit over a short course(lie). Now many people who are covetous, having seeing the warnings and signs still patronise these scammers(blindspot). As I made it known in my earlier posts. Any offer too good to be true, any body trying to get your private keys, is a scammer. Always strive to locate the blindspot in every online contract or deal. It is common for scammers to pretend to be real. Some of them may even provide documents...
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WHO IS SATOSHI NAKAMOTO?

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Ever since the increase in the price of bitcoin, many people have trooped in, trading with it, and some even investing in it. But the big question and mystery behind bitcoin is its originator. No surprise, the smallest unit of bitcoin (satoshi) was named after him.

Satoshi Nakamoto, is the supposed name of the person or people that invented bitcoin. He devised the first blockchain database, hence solving the double problem spending for digital currency.

Satoshi Nakamoto, claimed to be born on the 5th of April 1975 (42); he also claimed to be of Japanese origin. Speculation about the true identity of Nakamoto has mostly focused on a number of cryptography and computer science experts of non-Japanese descent, living in the United States and Europe. Satoshi Nakamoto also created the bitcointalk forum, posted the first message in 2009 under the pseudonym satoshi.
Satoshi published a paper on cryptography mailing list metzdowd.com in 2008 about the bitcoin digital currency. It was tagged “bitcoin: A peer-peer electronic cash system”. A version of bitcoin version 0.1 was released on Sourceforge 9 January 2009.

The inventor of bitcoin claimed he started writing codes for bitcoin in 2007, having the ability to take in big transactions.
Satoshi created a website, bitcoin.org and collaborated with other developers on the bitcoin network until 2010, when he handed over the bitcoin sourcecode respiratory and alert to Gavin Andersen. He also transferred related domains to members of the bitcoin community.
As the sole, predominant early miner, the inventor was awarded bitcoin at genesis and for 10 days afterwards. Except for test transactions these remain unspent since mid January 2009. The public bitcoin transaction log shows that Nakamoto's known addresses contain roughly one million bitcoins. As of 17 December 2017, this is worth over 19 billion USD. This makes him the 44th richest person on earth.As the sole, predominant early miner, the inventor was awarded bitcoin at genesis and for 10 days afterwards. Except for test transactions these remain unspent since mid January 2009.

Over the years, several people were thought to be satoshi, and some even claimed to be him for selfish reasons. Yet the mastermind behind bitcoin is still unknown.



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