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Roger Ver will not appeal his failed jurisdictional challenge in relation to Dr. Craig Wrights libel suit against him in Antigua, CoinGeek has learned.

In February, the High Court of Antigua and Barbudarejecteda jurisdictional challenge made byRoger Verin the Antiguan court. Ver had hoped to get the libel suit tossed on the basis that the court did not have jurisdiction to hear the claim, in particular, because neither party had sufficient connection to the country. The court disagreed, pointing to the fact that both parties were connected to the country and were highly involved in the digital asset industry there: Dr. Wright has advised the government of Antigua and Barbuda on digital asset legislation and has built important associations in the country, while Ver has a home on the beach there and has hosted several Bitcoin Cash meetups in the country as well.

It said that, as a result, Dr. Wright was entitled to defend his reputation in that jurisdiction. With Vers decision not to appeal that ruling, the case will head to a full trial to determine whether Ver has defamed Dr. Wright.

The courts affirmation of Dr. Wrights lawsuit marks the culmination of years of jurisdiction hopping by Ver, as he sought to avoid answering for Tweets he had made in which he called Dr. Craig Wright a fraud in his claim to theSatoshi Nakamoto name.

Dr. Wright brought a substantially similar action in the U.K. in 2019, which was rejected on the basis that the English courts were not the most appropriate venue to hear the dispute. This caused Ver to flee to Antigua, setting up shop in the Jolly Harbour neighborhood. Unfortunately for Ver, Dr. Wright has been a citizen of Antigua since 2016, meaning that Ver had inadvertently made Antigua the perfect venue to settle the dispute.

Its also the second time Dr. Wright has emerged victorious over Roger Ver in as many months. In February, the U.K. Court of Appeal ruled that Ver and a number of other blockchain developers must face trial over whether or not they owe legal duties to those using and relying on their blockchain protocols. It was a highly significant decision, and the trial has the potential to usher in an enormous shift in how the law deals treats ownership ofdigital assets.

As for Antigua, the scene is now set for the matter of Vers attacks on Dr. Wright to be resolved in a court of law, in the full light of the evidence. Given bloggerPeter McCormack has already been found liablefor defamation in the U.K. regarding substantially similar postings, the future does not bode well for Ver.

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Wright v Ver headed for trial in Antigua as Roger Ver chooses not to ... - CoinGeek

WWDC is now just two months away, and we're starting to hear a bit more about what we might see with upcoming iOS 17 and watchOS 10 updates that should be unveiled during the keynote.

This week also saw the release of an iOS 16.4.1 bug fix update, another rumor about Apple's timeline for transitioning some of its Mac notebooks to OLED display technology, and a curious Bitcoin-related discovery in macOS, so read on for all the details on these stories and more!

iOS 17 will feature "major" changes to Control Center on the iPhone, according to a MacRumors Forums member with a proven track record.

It was also claimed that iOS 17 and iPadOS 17 would drop support for the iPhone X, first-generation iPad Pro models, and some other devices, but this rumor was later disputed.

Apple released the 24-inch iMac with the M1 chip and a colorful ultra-thin design in April 2021. Later this month, it will have been two years since the all-in-one desktop computer was last updated.

The upcoming watchOS 10 update for the Apple Watch will include "notable changes" to the user interface, according to Bloomberg's Mark Gurman.

Earlier this week, we learned that Apple had an iOS 16.4.1 update in the works, and on Friday that update was released to the public with emoji and Siri bug fixes.

In every version of macOS that has shipped since 2018, Apple has included the original Bitcoin whitepaper by Satoshi Nakamoto within the filesystem, and no one seems to know why.

Apple is unlikely to release high-end MacBook Pro models with OLED displays until 2026, according to display industry analyst Ross Young.

Each week, we publish an email newsletter like this highlighting the top Apple stories, making it a great way to get a bite-sized recap of the week hitting all of the major topics we've covered and tying together related stories for a big-picture view.

So if you want to have top stories like the above recap delivered to your email inbox each week, subscribe to our newsletter!

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Top Stories: iOS 17 and watchOS 10 Rumors, When to Expect a ... - MacRumors

When Jeff Bezos started Amazon.com Inc. as an online bookseller in 1994, he thought his company would probably fail.

And he was upfront about it with Amazons investors starting with his parents.

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As Bezos told an interviewer in 2000, three years after Amazon went public, I thought there was a 30% chance that we might build a successful company. I never thought wed build what Amazon has turned into, and Im the most surprised on the planet.

He told his parents it was very likely they would lose all of the $245,573 they were investing in Amazon.

Bezos calls his approach regret minimization. Yes, the odds were against him, but there were only two possible negative outcomes.

One was the risk Amazon failing after he launched it. That failure would cost him time and money, along with losses for his investors.

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Or worse, in Bezos eyes he would never take the plunge on Amazon and spend his life not knowing what he could have achieved. That would have been a bigger source of regret than trying and failing so he tried while being clear-eyed about the risks.

Its realism and humility that should speak to investors. Even in 1994, when Amazon was just an idea, Bezos had much to boast about. He had risen from flipping burgers at a McDonalds to a stable job at a hedge fund. He could have emphasized Amazons many advantages while downplaying risks.

Instead, he was upfront about the long odds his company faced. And happily, the investment worked out well for his parents.

And the principle of regret minimization applies to investors, too. If you have money you can afford to lose risk capital you may be able to minimize regret by investing it rather than keeping it on the sidelines.

Examples of this abound, but the most famous is probably crypto.

Even if the odds against Bitcoin succeeding to this degree are slim, are they really 100 million to 1 against?

Take the story of Hal Finney, the computer programmer who was likely the second person in history to mine Bitcoin, after its pseudonymous founder Satoshi Nakamoto himself.

Upon mining a block of Bitcoins 50 in total he sent a congratulatory email to Satoshi Nakamoto along with some musings.

Before sending, he capped his congratulations with a final thought.

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Even if the odds of Bitcoin succeeding to this degree are slim, are they really 100 million to 1 against? Something to think about.

At the time, Bitcoins were officially worth nothing. Only a handful of people knew they existed, and they could easily mine 50 Bitcoins for just a few cents worth of electricity.

And the principle of regret minimization applies to startup companies most of all.

Like Amazon and crypto in their earliest stages, startup companies are risky. For many of them, the most likely outcome is that investors lose 100% of their money.

So investors should tread cautiously and never invest more than they can afford to lose.

But startups are the same way Bezos and many of the other richest people on the planet made their fortune. Thanks to changes in federal law, anyone can invest in startups on platforms like StartEngine and Wefunder. For example, Gameflip has already raised over $900,000 from retail investors for its gaming marketplace.

See more on startup investing from Benzinga.

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How Jeff Bezos' Principle of Regret Minimization Can Make ... - Benzinga

Source / Sam Cooling x MidJourney x CNBC

A recent development in the cryptocurrency world has sparked considerable interest: billionaire entrepreneur Peter Thiel has hinted that he may have met the individual or group behind the pseudonym Satoshi Nakamoto, the creator of Bitcoin.

Thiel asserts that this encounter took place at a financial cryptography conference in Anguilla 23 years ago.

This revelation comes as Thiel's associate, Balaji Srinivasan, speculates that Bitcoin could achieve a value of $1 million.

Given Thiel's connections at the time, which included Elon Musk, the PayPal Mafia, E-Gold founders, Srinivasan, and Vitalik Buterin, it is plausible that Thiel crossed paths with Satoshi.

The extent of their connection, however, remains uncertain.

Thiel reminisced, "I met them on the beach in Anguilla in February of 2000. We were initiating a revolution against central banks... We intended to make PayPal compatible with E-Gold and overthrow all central banks."

E-Gold came to an end in 2007 when the US Justice Department shut down the project and arrested its founders for unregistered money transmission. The fallout and forfeitures from E-Gold persisted for over seven more years.

The Financial Cryptography conference, a long-standing gathering for cypherpunks, could have offered abundant inspiration for Nakamoto's Bitcoin vision.

Researchers at the conference presented papers like "Electronic Cash Technology Will Denationalise Money" and "Efficient Electronic Cash with Restricted Privacy."

Thiel posits that Satoshi must have gleaned insights from E-Cash, such as circumventing formal organizational structures and adopting MIT's Open Source Licence for Bitcoin.

Thiel was a member of the 'PayPal Mafia' that formed in the early 2000s, consisting of FinTech start-up entrepreneurs who accumulated significant wealth through dot-com startups and IPOs.

Prominent individuals included Elon Musk, X.com founder and early supporter of Bitcoin and Dogecoin, and Balaji Srinivasan, former Coinbase CTO and General Partner at Andreessen Horowitz (a16z).

Srinivasan has recently attracted attention for wagering that Bitcoin will reach $1 million due to potential US hyperinflation, although some suggest this might be a publicity stunt.

Longtime friends Srinivasan and Thiel share a mutual disdain for the US Banking System and an interest in Seasteading. Both contend that Bitcoin requires a sovereign nation to avoid regulation.

Thiel's Founders Fund astutely relocated billions of dollars from SVB mere days before its catastrophic bank run in an attempt to avoid the crisis.

While some dismiss Thiel's assertions, others highlight reports of him selling his Bitcoin holdings. Regardless of his current involvement in cryptocurrency, Thiel undeniably played a part in the early Financial Cryptography community and continues to criticize banks.

At the 2022 Bitcoin Miami conference, Thiel publicly demonstrated his distrust of the US dollar by tearing up $100 bills while berating the banking system.

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New Report Suggests Billionaire Peter Thiel is Connected to Bitcoin ... - Cryptonews

In 2009,Satoshi Nakamotofounded the cryptocurrency Bitcoin BTC/USD.Here's alook back at the pseudonymous creator and the price history of the leading cryptocurrency.

What Happened: In October 2008,Nakamotopublished a whitepaper titled Bitcoin: A Peer-to-Peer Electronic Cash System. It provided many key details and explained why Bitcoin was being created.

In January 2009, Nakamoto mined thegenesis block of Bitcoin, and the first 50 Bitcoins were mined.

When Bitcoin was released, there were only two ways to get the cryptocurrency: You could either mine theBitcoin yourself or usea peer-to-peer transaction. Bitcointalk, a forum created by Nakamoto tohost discussions on Bitcoin,was used for several transactions, which were deemed risky at the time becausethey required trust from both parties that were mostly anonymous.

In October 2009, one of the first ever recognized Bitcoin transactions happened whena Finnish computer science student sold5,050 Bitcoin for $5.02 (which representeda value of $0.0009 for each Bitcoin), according toForbes. The transaction took place on PayPal PYPL.

Less than ayear later, in May 2010, one of the most famous Bitcoin transactions of all-time and what is widely believed to be the first retail transaction took place when programmer Laszlo Hanyecz sought out a person to buy him pizza in exchange for Bitcoin. Aperson in England subsequently spentaround $41 to buy Papa Johns PZZA pizza in exchange for 10,000 Bitcoin.

Ill pay 10,000 bitcoins for a couple of pizzas, like maybe 2 large ones so I have some left over the next day, Hanyecz said in the infamousonline post.

Now known as Bitcoin Pizza Day, May 22 pays tribute to the day of that veryfamous Bitcoin transaction. At the time, Bitcoin had a value of around $0.0041.

It wasn't until 2011 and after the launch of several major crypto exchanges that the cryptocurrencyhit a price of $1.

Related Link: How To Buy Bitcoin

Investing $1,000 in Bitcoin: Using the early transactions referenced above, a hypothetical investment in Bitcoin in the early days could have provided quite the return for its holder, or in this case a hodler.

A $1,000 investment in Bitcoin at the time of the first transaction on PayPal would have netted1,111,111.11 Bitcoin, even though that amount of cryptocurrency probably wouldn't have been available due to mining constraints.That$1,000 investment would be worth $30,949,777,746.80 today based on a price of $27,854.80 for Bitcoin at the time of writing.

In contrast, a$1,000 investment in Bitcoin at the time of the Bitcoin-pizza transaction would have netted 243,902.44 BTC. That investment would be worth $6,793,853,685.71 today based on the sameprice of $27,854.80 at the time of writing.

Read Next: 13 Fun Facts You May Not Know About Bitcoin

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If You Invested $1000 In Bitcoin When It Launched, Here's How ... - Benzinga