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At Build to Last 2026, Saint-Gobain Vietnam announced it has achieved “Zero Carbon” manufacturing for its DURAflex fiber cement sheet plant in Quảng Trị, with no carbon emissions for Scope 1 and Scope 2. The company said it is the first in its industry to reach this milestone. The Zero…
Ripple CTO Emeritus David Schwartz said the debate over who created Bitcoin is secondary to a more immediate technical reality: he believes the private keys to Satoshi Nakamoto’s estimated one million BTC holdings were likely lost or destroyed years ago, removing any future market risk from those dormant coins.
Schwartz argued that after more than 17 years, it is unlikely that whoever controlled the keys would deliberately ignore a fortune worth at least $70–$80 billion without making any transactions. He said the most plausible explanation is that access to the keys has been permanently lost or destroyed, particularly during the period when Bitcoin had no market value.
In Schwartz’s framing, the dormant holdings would therefore function as “dead weight” that cannot be used to create selling pressure or other market impacts.
Schwartz’s comments came amid renewed discussions about who is behind the pseudonym Satoshi Nakamoto, following a recent investigation by The New York Times. While the industry continues to revisit historical records and speculation, Schwartz emphasized that the technical question of key access matters more than the identity debate.
Schwartz has previously been considered by some as a potential Satoshi suspect. He is the author of multiple patents in distributed computing dating back to 1988, and his background in cryptography is reflected in the design of the XRP Ledger and XRP.
However, Schwartz has previously denied involvement in Bitcoin’s creation. He said that while he has the necessary skills, he only learned about Bitcoin in 2011. Based on that timeline, he argued that the genesis keys were most likely destroyed or forgotten when Bitcoin had no market value.
Schwartz said the ongoing search for Satoshi’s true identity—such as through cypherpunk mailing list archives—should be viewed alongside the key-security reality. He concluded that access to the one million BTC holdings has most likely been lost forever or destroyed.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
