Who is Satoshi Nakamoto? This question still remains a mystery to many.
The Bitcoin Whitepaper
In 2008 an article was published under the pseudonym satoshi nakamoto presenting the idea for a non centralised digital currency based on cryptography. He then released the software and began by creating the first few bitcoins.
Two years into developing the project he faded away; leaving behind the code and the question, who was he? From the addresses linked to satoshi Nakamoto (those that we know of) it can be seen that he owns about 1M Bitcoin.
Five Educated Guesses
Here are the five theories about the identity of Satoshi.
Ted Nelson, the American academic who in 1963 coined the term hypertext, believes that Shinichi Mochizuki is the inventor of Bitcoin. Shinichi Mochizuki is a research professor at kyoto university. Ted’s theory is based on Mochizuki posting an excellent paper (Aug 2012) in a fashion as Satoshi.. The key here is the way in which the “new” work was published.
“…He did not publish it through conventional channels, he just put it on the net. He left the specialists in the field mystified in the dust…dancing away saying that he has other things to do.” Ted Nelson
This is one of the most well thought out theories but is yet to be proven.
[A link to Ted Nelson’s video: “I think I know who Satoshi is“]
Craig Wright, an australian computer scientist and businessman came out claiming to be the inventor of Bitcoin in 2016. When push came to shove however Craig backed off from submitting the evidence.
“Craig Wright is pretty much the only one who believes he is “Mr” Nakamoto” Community sentiment
Now, I know this one ain’t that serious but I thought I’d add it anyway. An Ex Space Ex employee claimed that Elon Musk had all of the attributes one needed to be Nakamoto.
Elon has denied the claim as laughable. The underlying theory behind this claim is that Elon would have the sense of humor to choose a name which has the anagram “So a man took a s***“.
Nick Szabo is a computer scientist, legal scholar and cryptographer known for his research in digital contracts and digital currency.
There are two theories. The first being that he is Nakamoto and the second that he was part of a team using the pseudonym.
There are two main reasons why this theory has gained traction:
- Nick Szabo’s made a post in 1998 expressing interest in Bitcoin type tech that he called Bitgold. This was never implemented at the time. The strange part is that there seems to be an attempt to cover this up. The post was edited much later to supposedly change the date.
- Researchers at Aston University analysed Szabo’s writing style against that of Nakamoto’s and found them to be similar.
5.The US GOVERNMENT
This one has been floating around for some time and has to be said. Many theorise that Bitcoin is the invention of the NSA.
“Bitcoin was created by the NSA as a normalisation experiment; to get people used to the idea of digital money.“
According to this theory the end goal is to create a one world currency controlled by governments and big banks.
The theory is based on a paper by mathematicians at the NSA (1997) outlining a proposal for a digital currency secured by cryptography.
[Learn more: What is Bitcoin?]