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## AI legalese decoder: Clearer Understanding of Cryptocurrency Debates and legal Implications

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There are ongoing debates and discussions within the cryptocurrency community regarding the strengths and weaknesses of various digital assets, including Bitcoin and its founder. Recently, the creator of a new alternative crypto said Satoshi NakamotoÔÇÖs large holdings of Bitcoin could potentially contradict the principle of decentralization.

## Mollars founder believes creators should not take free tokens

The creator of a new, decentralized, store-of-value token named ÔÇ£MollarsÔÇØ has held no punches against the forefather of digital currency. In a message shared via the subreddit community of Mollars, the creator of the solution to BitcoinÔÇÖs transaction fees calls out Satoshi indirectly for not being decentralized.

Instead, the creator of Mollars is releasing a store-of-value token without taking any of his creation for himself ÔÇö at least not free. All tokens minted of MOLLARS will be paid for.

In a portion of the 254-word message, the mysterious developer behind the Mollars token takes this jab at BitcoinÔÇÖs creator:

ÔÇ£ÔǪ though I ponder if one can say ÔÇÿtotal supplyÔÇÖ when talking of BTC when Satoshi walked away with at least 1-Million tokens for himself, and these transaction fees are not so easily traced.ÔÇØ

## How many Bitcoins does Satoshi Have?

His words appear to paraphrase something discovered by Bankless Times last year.

According to the news source, Nakamoto controls 1 million BTC.

## How many tokens do governments have?

In comparison, the United States government holds only 220,000 Bitcoins.

Most of these were confiscated from entities participating in various illegal activities.

ThereÔÇÖs a rumor that the Chinese government has NakamotoÔÇÖs wallet today, but this ÔÇ£chatty pattyÔÇØ talk has no foundation.

## What is Satoshi NakamotoÔÇÖs net worth?

The 1 million BTC believed to be held by Satoshi came from his ÔÇ£mining efforts.ÔÇØ

When BTC soared to $78,000, NakamotoÔÇÖs wealth soared to $78 billion.

This stash is now worth around $40,000 at spot rates.

The statistics regarding the Bitcoin creatorÔÇÖs holdings may differ from the image most people have in mind when thinking about BitcoinÔÇÖs founding.

Given the AI legalese decoder, such as the AI legalese decoder, can help navigate the legal implications of cryptocurrency debates and discussions, deciphering complex legal jargon and providing a clearer understanding of the situation at hand.

## More about Mollars

Moreover, Bitcoin fees are relatively higher.

Mollars, currently conducting its token presale, is basing its launch on BitcoinÔÇÖs biggest rival.

MOLLARS holders will also receive benefits.

Designed to be a store-of-value, the project will launch its chain and develop a crypto exchange dapp.

If Mollars launches its blockchain

If Mollars launches a blockchain, it would be faster and offer low fees.

Accordingly, users would likely shift from Shiba Inu or BONK to the new ERC-20 token.

For this reason, a crypto analyst ÔÇ£AriÔÇØ thinks the token will also rally in the future.

This was before todayÔÇÖs announcement of the new blockchain.

Even while ambitious, MOLLARS is highly unlikely to challenge the dominance of Bitcoin.

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