Posted on

Who is the Mysterious Satoshi Nakamoto Behind Bitcoin?

0 Total shares
Yellen Satoshi Nakamoto Bitcoin Tom Lee

Satoshi Nakamoto is the name atop the white paper on Bitcoin (BTC).  No one knows whether the pseudonym stands for one person or a group.

All we know its that Satoshi is the mastermind behind the World’s Most Popular Cryptocurrency

And we also know — the most shadowy figure  is obscenely wealthy.  For example, with nearly a million Bitcoins in possession, Satoshi was worth nearly $19.4 billion when the price of Bitcoin rallied to nearly $20,000.  That number may only climb as Bitcoin prices recover.

On his P2P Foundation profile, Nakamoto claimed to be a 37-year-old (in 2012) Japanese male.  Many doubt, however, that this is his true nationality.  Some cite the perfect English of his writing–and this means not just the white paper, but his numerous posts as an active member of online communities.  Also, the first-ever mined block contains the text, “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks”. This Nakamoto presumably pulled from the day’s copy of The London Times.  He also used British spellings, as well as, famously, the expression “bloody hard”.

In 2014, one Newsweek reporter claimed she had found the creator of Bitcoin

If she really did, then he was never using a pseudonym after all. The article chronicles the tracking down of Dorian Satoshi Nakamoto, a physicist at Cal Poly.  The reporter never really tells exactly how she figured at first this could be the Nakamoto, but she sees his response as proof:

“I am no longer involved in that and I cannot discuss it…It’s been turned over to other people. They are in charge of it now. I no longer have any connection”.

People reading the article thought this echoed Nakamoto’s final posts online, when he stepped down and handed the project over to an associate, Gavin Andresen.  Mind you, Andresen never knew his identity, communicating with Nakamoto only electronically.

Nakamoto claims that the quote was taken out of context.  He was referring to his career as a military contractor.

What’s more interesting is that some theorize the government may know his identity

After all, while the blockchain may be anonymous, the Internet is not when it comes to Homeland Security.  They will neither confirm nor deny their knowledge, but some believe the NSA used their data base and a tool called “stylometry” to deduce who Nakamoto is.  Basically, they can gather writing samples and cross-check them with innumerable others.

Although many are curious about the identity of the mysterious Bitcoin creator, others think it’s important not to know.  Perhaps staying decentralized means not letting the creator have any sort of political sway.

Whoever he, she, or they are, we’ll keep searching to uncover the identity.


Want the latest crypto news? Join our Telegram Channel

Daily updates