Police raid home of rumoured Bitcoin founder



SYDNEY: -- Australian police have raided the home and office of a man rumoured to be the creator of the virtual currency Bitcoin.

Federal police searched Craig Steven Wright’s properties in Sydney, but said the raid was about tax, not Bitcoin.

The founder of the currency is believed to hold about a million Bitcoins, which are reportedly worth about 262 million euros.

-- (c) Copyright Euronews 2015-12-10

The founder of the currency is believed to hold about a million Bitcoins, which are reportedly worth about 262 million euros.

Time to create TheCruncherCoin it looks to me.

Governments want a piece of the pie and prevent these sharp minds from getting too powerful, and pushing them out.

If somebody started a currency called "Bytecoin" would it be worth 8 times as much?

Governments want a piece of the pie and prevent these sharp minds from getting too powerful, and pushing them out.

The European Bankers who own the US Federal Reserve do not want any alternative currencies.

If somebody started a currency called "Bytecoin" would it be worth 8 times as much?

So the word on the street has it.