Shiba Inu, like Bitcoin, emerged during a time of economic turmoil. Bitcoin came into existence in 2009 amidst a recession and financial market downturn, offering an alternative decentralized economy detached from traditional financial institutions.
Similarly, Shiba Inu was introduced in August 2020 with a focus on decentralization and empowering individuals. Thus, both Bitcoin and Shiba Inu share the common goal of decentralization and operate independently from existing financial entities.
Shytoshi Kusama Defends Shiba Inu and Likens it to Bitcoin
The lead developer of ShibaSwap, Shytoshi Kusama, recently drew parallels between the Shiba Inu token and Bitcoin. During a group chat on Telegram, a user made a remark suggesting that SHIB was developed by the current developers rather than Ryoshi, the anonymous founder who disappeared last year. This comment sparked a strong reaction from Shytoshi, who criticized the user for disrespecting Ryoshi.
In defense of both Bitcoin’s founder, Satoshi Nakamoto, and SHIB’s founder, Ryoshi, Shytoshi emphasized that they had created decentralized projects for the benefit of the people. He regarded speaking ill of them as a form of disrespect towards the entire cryptocurrency community. To learn more about Ryoshi and the circumstances surrounding their disappearance, continue reading.
In a powerful statement, Shytoshi Kusama, the lead developer of ShibaSwap, stood up for Ryoshi, the anonymous founder of Shiba Inu. Highlighting Ryoshi’s role in initiating decentralization and the positive impact of the project, Shytoshi expressed admiration for their contributions. Drawing a parallel to Bitcoin and Satoshi Nakamoto, Shytoshi emphasized the need to respect the founders who have played pivotal roles in transforming the crypto landscape.
It is worth noting that the identities of Satoshi Nakamoto, Shytoshi Kusama, and Ryoshi remain shrouded in mystery. While speculations about their identities have circulated on social media, no confirmed information has surfaced. The anonymity of these individuals adds to the intrigue and fascination surrounding their contributions to the crypto world.