Shiba Inu: Shytoshi Kusama Likens SHIB to Bitcoin

Vinod Dsouza
Shiba Inu Bitcoin
Source: Pexels

Bitcoin was launched in 2009 after the American economy collapsed and slipped into a recession. The stock markets bled profusely delivering massive losses to investors during that period. Bitcoin paved the way for a decentralized economy taking a new path away from the traditional financial establishments. On the other hand, Shiba Inu was launched in August 2020 with the aim of decentralization, with the motive of giving power back to the people. Therefore, both Bitcoin and Shiba Inu are decentralized projects and have no connection to the existing financial entities.

Also Read: Shiba Inu: AI Predicts SHIB Price For July 1, 2023

Shytoshi Kusama Likens Shiba Inu to Bitcoin

Shiba Inu Bitcoin SHIB BTC
Source: Reddit

The lead developer of ShibaSwap, Shytoshi Kusama recently likened the Shiba Inu token to Bitcoin. In a group chat on Telegram, a user mentioned SHIB is “developed by the current devs” and not by Ryoshi. For the uninitiated, Ryoshi is the anonymous founder of SHIB and disappeared last year by deleting all tweets and blogs. Read here to know more details about what happened to Ryoshi.

Also Read: Shiba Inu: You Can Now Become a SHIB Millionaire for Less Than $10

The comment did not go down well with Shytoshi and the developer lashed out at the user for disrespecting Ryoshi. Shytoshi said that both Bitcoin founder Satoshi Nakamoto and SHIB founder Ryoshi built decentralized projects for the people and talking ill about them is disrespecting the entire crypto community.

Also Read: The 1 Cent Dream: Shiba Inu To Reach $0.01? See What Google Bard Says

“Ryoshi set us on a path to decentralization and founded a project that has changed the lives of millions of people,” he wrote. The dev added, “I also leave this moment as a testament to future Shytoshi’s and Ryoshi’s. No one disrespects Satoshi, they watched Bitcoin change the world and we are no different,” he summed it up.

The trio, Satoshi Nakamoto, Shytoshi Kusama, and Ryoshi are anonymous people and their identity is a mystery. A few names have been thrown around on social media about their identity but none of them is confirmed.