Bitcoin: The Hunt For Satoshi Nakamoto by Alex Preukschat, Josep Busquet and José Ángel García Ares.
Requirements: CBR Reader, 130 MB.
Overview: In 2008 a mysterious and enigmatic genius using the name Satoshi Nakamoto, created the ultimate tool for global financial disruption now worth six billion dollars: "The Bitcoin Protocol". After publishing his creation and nurturing it he faded away into the shadows of the internet. Now he is being hunted for his fortune, but will his hunters succeed in extracting him from the depths of the web?
- Bitcoin is making giant strides throughout the world. Satoshi Nakamoto, its creator, continues as an enigmatic and cryptographic figure. Nonetheless, rumors surrounding his potential wealth have not gone unnoticed by the mafi a. He has also popped up on the radar of the secret services. In fact, NSA agents have been searching for him for some time now.
The opportunities that this crypto-currency has opened up within the financial markets have turned Nakamoto into a hero admired in more and more places near and far. His fans would go to great lengths to protect and defend him. For many, simply managing monetary transactions and issuing bitcoins without the involvement of intermediaries as well as carrying out transactions collectively online are factors which promote values for a freer world: In hope for a better world.
Genre: Comics, Alternative Currency, Digital, One Shot.
Bitcoin: The Hunt For Satoshi Nakamoto
Alex Preukschat[, Josep Busquet writer
José Ángel García Ares artist
Published by BitcoinComic.org. 2014. 112 pages
- About:
- Bitcoin is a payment system invented by Satoshi Nakamoto, who published the invention in 2008 and released it as open-source software in 2009. The system is peer-to-peer; users can transact directly without needing an intermediary.Transactions are verified by network nodes and recorded in a public distributed ledger called the block chain. The ledger uses its own unit of account, also called bitcoin. The system works without a central repository or single administrator, which has led the US Treasury to categorize it as a decentralized virtual currency. Bitcoin is often called the first cryptocurrency, although prior systems existed. Bitcoin is more correctly described as the first decentralized digital currency. It is the largest of its kind in terms of total market value.
Bitcoins are created as a reward for payment processing work in which users offer their computing power to verify and record payments into the public ledger. This activity is called mining and is rewarded by transaction fees and newly created bitcoins. Besides mining, bitcoins can be obtained in exchange for different currencies, products, and services. Users can send and receive bitcoins for an optional transaction fee.
Bitcoin as a form of payment for products and services has grown, and merchants have an incentive to accept it because fees are lower than the 2–3% typically imposed by credit card processors. Despite a big increase in the number of merchants accepting bitcoin, the cryptocurrency doesn’t have much momentum in retail transactions. Unlike credit cards, any fees are paid by the purchaser, not the vendor. The European Banking Authority and other sources have warned that bitcoin users are not protected by refund rights or chargebacks.
The use of bitcoin by criminals has attracted the attention of financial regulators, legislative bodies, law enforcement, and media. As of 2013, criminal activities primarily centered around theft and black markets. Officials in countries such as the United States also recognize that bitcoin can provide legitimate financial services. Further detail can found here: Bitcoin
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