Apple is set to remove the Bitcoin White Paper from its macOS update, causing concern among cryptocurrency enthusiasts. The move is part of the tech giant’s efforts to crack down on potentially fraudulent cryptocurrency activities. However, some experts have criticized the move as a step back for cryptocurrency adoption and innovation.
The Importance of the Bitcoin White Paper and Its Future
The Bitcoin White Paper, drafted by the mysterious Satoshi Nakamoto, is the founding document that laid down the working mechanism of the digital token to act as a currency. Despite never making it to the public following the shocking disappearance of Satoshi from the internet, the document has gone viral among users since it was later found in the Apple Computers by a tech blogger, Andy Baio.
However, if reports are to be believed, then Apple could soon remove it from the final version of its next macOS update. It is unexpected to appear in the final version as it does not exist in the beta version of macOS Ventura 13.4, according to the sources.
The title of the founding document is “Bitcoin: A Peer-to-Peer Electronic Cash System,” which Andy discovered in early April. Apple has taken stern action by removing it from the macOS update. This does not surprise Apple users, but those who believed the theory that Steve Jobs was Satoshi Nakamoto have now seen their beliefs shattered into pieces.
Many assumed Steve Jobs’s involvement in bringing Bitcoin out to the public as he died a year later than Satoshi disappeared from the internet. However, the theory goes down the drain because it was found in Apple Computers only in recent times, much after the death of Jobs, and he could not have put the Bitcoin White Document in Apple Computers himself.
Andy’s words shed a different light on the matter, asking why the document was in Apple Computers, wondering if the company is secretly working on Bitcoin Maxi. The tech blogger added that it was probably a lightweight multi-page pdf that was never meant to be seen by the end-users.
As for the future of Bitcoin prices, it has bounced to $28,950.90, almost an 80% jump since the beginning of 2023. Bitcoin predictions have drawn a roadmap stating that it is likely to reach $59,000 by the end of 2023. However, amid the volatility in the crypto market, that prediction remains to be seen, but holders are optimistic that prices will rise further.
What fuels this belief is that the Federal Bank is not expected to take an aggressive stand on raising the rate soon. Plus, the collapse of SVB has made people look for an alternative to the traditional banking infrastructure to keep their funds safe.
In conclusion, Apple may remove the Bitcoin White Paper from its next macOS update, but its relevance and reliability still remain under question. Satoshi Nakamoto’s legacy will be remembered through the Bitcoin White Paper, which brought about a new era in the world of digital currency.