Nobody Knows The Identity Of Bitcoin Creator 'Satoshi Nakamoto'

CuriosityPublished: January 10, 2018Updated: January 11, 201812 views
Published: January 10, 2018Updated: January 11, 2018

It is the greatest mystery of the digital era. Bitcoin, the digital currency that can be exchanged electronically, without no banks and no central authority to control it, was created in 2008 by one "Satoshi Nakamoto." To this day, no one knows who Nakamoto is; is an individual or a group? Who ever they are, they own 5% of the total supply of the currency. It’s not just money - it is a dangerous amount of power.

A few months before the currency was released, a white paper was released that included citations from collaborators, but Nakamoto never revealed their identity while communicating with them over email. On their P2P Foundation profile, Nakamoto claims to be a Japanese male born April 5, 1975. The date was fishy: April 5 is the date President Roosevelt signed executive order 6102 forbidding the hoarding of gold by U.S. citizens (in 1933), and 1975 was the year gold ownership once again became legal for U.S. citizens. Coincidence? It is one of the many Easter Eggs hidden by Nakamoto in their correspondence.

Other issues on the identity were presented by a Swiss coder. He revealed that there we no posts between midnight and 6 a.m. EST, meaning that Nakamoto must have been asleep at the time. Plus his writing was in perfect English, however comments in the bitcoin code used british spelling variants.

Bruce Kleinman, author of "The Bitcoin Tutorial," presented a compelling case for Nakamoto being more than one person on an episode of Adventures in Finance, based on the technology behind bitcoin. He explained that it's unusual (though not impossible) to find someone with expertise in both cryptography and network architecture, for example, especially at the level demonstrated in bitcoin technology.

Other have tried taking a whack at guessing who the Bitcoin creator is. So far, they tried at Nick Szabo, creator of a bitcoin predecessor called "bit gold.” Then it was a Japanese American man in California by the name of Dorian Satoshi Nakamoto (why not, but soon after a post appeared on Nakamoto’s P2P account saying “I am not Dorian Nakamoto”. And of course, they even took a whack at Elon Musk. Came up with nothing.

It is kinda appropriate that the world’s first decentralized digital currency be shrouded in mystery, don’t you think?

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