«Satoshi Nakamoto is selling his bitcoin»: Gary Stevenson

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By Berto R

  • Stevenson describes Bitcoin as a «bubble fueled by greed and naivety»

  • «If someone tells you that you can turn 100 dollars into a million, that’s a scammer,» says Gary.

Gary Stevenson, Citibank’s trader prodigy that kneaded a fortune before the age of 23, warns that Satoshi Nakamoto, the brain behind Bitcoin (BTC), could be liquidating his digital fortune in the shadows, leaving millions of investors to the edge of a financial cliff.

According to Stevenson, Satoshi, who is estimated get out of the market without causing immediate panic. «If I were Satoshi, I would sell little by little, stabilizing the price with subtle maneuvers, even inflating the bubble with narratives such as ‘Bitcoin is the future of money,'» said the ex-trader.

For him, this tactic would allow the creator of Bitcoin to convert their digital profits into tangible assets such as gold or real estate, leaving retail investors holding a time bomb. So, Stevenson, with the mind of a tanned strategist, imagine what for him would be a perfect plan.

«If I were Satoshi Nakamoto, I would try to artificially upload the price of Bitcoin to obtain a small bubble. And once he has climbed, he would sell little by little, he would advertise to attract more children and then sell a little more advertising, making more children come. He could even finance a presidential campaign in which he could buy from the government. This is a scam, friend, it is the greatest scam I have seen in my life ».

Gary Stevenson, ex trader del CitiBank.

What Stevenson hints with “buying the government” seems to aim directly to the Donald Trump Pro-Bitcoin campaign, who during his candidacy advocated the digital currency as a bulwark against inflation and state control. Now, as president, Trump has gone further, recently signing an executive order to create a strategic Bitcoin reserve in the United States, A movement that many see as a validation of digital goldbut that, for Stevenson, could be the result of an orchestrated manipulation from the shadows by someone like Satoshi, inflating the price for their own benefit before leaving the game.

The former trader Gary Stevenson considers that Bitcoin is a scam. Source: YouTube/Words of Rizdom.

In this game of deceptions, as Stevenson describes it, Satoshi would transform a code without value into tangible wealth, abandoning small investors to their fate with an empty illusion.

In this way, the author of the book The Trading Game Compare Bitcoin’s boom with a «game of musical chairs»where value depends exclusively on speculation and human psychology. «It has no real intrinsic value. It is not gold, it does not generate cash flow. It is just a point on the Internet that people decided that something was worth,» he explained.

For Citibank trader, Bitcoin is nothing more than a scam

«And if I were Satoshi Nakamoto, my goal would be to obtain as much Bitcoin as possible, to bring this false money to young and hopeful men in the world. I would make them pay me with their calling real money and then use the profits to buy in the stock market, ”he reaffirmed.

Although it does not present concrete evidence of movements in the wallets associated with Satoshi, which remain intact according to public records, Stevenson argues that he does not need them. «As a trader, I don’t bet unless I am very, very, very sure, and I am sure of this: Bitcoin is a bubble about to explode,» he said. He suggests that Satoshi could be using sophisticated methods, such as derivatives or cryptocurrency loans, to get rid of their assets without leaving obvious traces.

In itself, Stevenson believes that Bitcoin’s value will fall to zero; And that is inevitable, according to him. He is also convinced that the big players, including Satoshi, would already be positioning to leave the ship. His vision, forged in wealth and disappointment, goes further: collapse will not be only from Bitcoin, but of the entire global economy, a system that considers irreparable after decades of excesses.

However, this warning clashes frontally with what many in the Bitcoin ecosystem proclaim. Figures such as Michael Saylor and Samson Mow, influential leaders in the community, also alert about an imminent economic collapse, but attribute it to the uncontrolled emission of inorganic money by governments, which generates inflation and devalues ​​Fíat money. Bitcoin is not a bubble, but a lifeguard or a valuable digital gold Because of its scarcity and decentralized nature, immune to the manipulation of central banks.

In such a way that, while Stevenson sees Satoshi as an opportunist who could be exploiting this faith, Bitcoin’s defenders argue that his creation is The only hope in the face of an unsustainable traditional financial system. So, while some see it as the architect of financial freedom, Stevenson imagines him as a cold strategist who is already collecting his profits before the inevitable collapse.

It is evident that the question that many were asked 16 years ago is still in force when Nakamoto released the pioneer digital currency, is Bitcoin the beginning of the end or the last hope in a world on the edge of the abyss? Only time will say.

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