Satoshi's First Collaborator Suggests Creating 'Bitcoin Mossad.' Here's Why

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Martti 'Sirius' Malmi, the Finnish computer scientist who is known as one of the first Bitcoin developers who collaborated with Satoshi Nakamoto, has suggested creating the so-called "Bitcoin Mossad" in order to protect OG holders from potential attacks

Malmi has floated the idea of El Salvador, the first country that made Bitcoin legal tender, hosting such an organization

This comes after Vora co-founder Jesse Posner recently opined that there needs to be robust protection for long-time Bitcoin holders in case of "hyperbitcoinization," a theoretical scenario in which Bitcoin reaches widespread mainstream acceptance

"Hyperbitcoinization will make long-time hodlers the world’s juiciest targets," Posner said

Alex Stanczyk, managing director at Swan Bitcoin, stated that security firms should be careful about marketing since they could potentially set their clients up for failure and false expectations

The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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