The founder of Bitcoin is someone called Satoshi Nakamoto. Nobody knows who he is, what his real name is or where he lives. He holds 1 million bitcoins, equivalent to $13.4 billion.

Satoshi Nakamoto

Satoshi Nakamoto is the name used by the presumed pseudonymous person or persons who developed bitcoin, authored the bitcoin white paper, and created and deployed bitcoin’s original reference implementation. As part of the implementation, Nakamoto also devised the first blockchain database. In the process, Nakamoto was the first to solve the double-spending problem for digital currency using a peer-to-peer network. Nakamoto was active in the development of bitcoin up until December 2010. Many people have claimed, or have been claimed, to be Satoshi Nakamoto.

Nakamoto has stated that work on the writing of the code for bitcoin began in 2007. On 18 August 2008 he or a colleague registered the domain name, and created a web site at that address. On 31 October 2008, he published a paper on the cryptography mailing list at describing a digital cryptocurrency, titled “Bitcoin: A Peer-to-Peer Electronic Cash System”.

On 9 January 2009, he released version 0.1 of the bitcoin software on Sourceforge… Continue Reading (10 minute read)

12 thoughts on “The founder of Bitcoin is someone called Satoshi Nakamoto. Nobody knows who he is, what his real name is or where he lives. He holds 1 million bitcoins, equivalent to $13.4 billion.”

  1. doc_daneeka

    Or for that matter whether he even exists at all. For all we know he’s a team of eight people or something.

  2. colivingclub

    He owns more than $1billion, so maybe that’s why he just disappeared and doesn’t want to show his real name. Think about it.

  3. heniferlopez

    One of Satoshi’s quotes:

    It might make sense just to get some in case it catches on. If enough people think the same way, that becomes a self fulfilling prophecy.

  4. scott60561

    Didn’t they parade around an Asian guy at one time claiming it was him? Some sort of hoax or scam?

  5. TooShiftyForYou

    Occasional British English spelling and terminology (such as the phrase “bloody hard”) in both source code comments and forum postings led to speculation that Nakamoto, or at least one individual in the consortium claiming to be him, was of Commonwealth origin.

    Haven’t heard too many Japanese people say “bloody hard.”

  6. AnomalousAvocado

    They say the Mafia tried to blackmail him once, but rather than allow that he killed his entire family. Then hunted down each and every person responsible, and killed them too, as well as anyone who could identify him.

  7. Defenestrated_Wombat

    What if Satoshi is dead? Like OD’d in parents basement or something, or hit by a bus.

  8. JeromesNiece

    The evidence presented in the article makes it seem like Hal Finney is the most likely candidate. One of my professors who is a computer security academic also believes it was Finney

  9. asherosu

    What if it’s really the actor who played Ben in Growing Pains. Everyone is like, I wonder what Ben from Growing Pains is up to? I haven’t seen him in anything for a while. Turns out, he invented Bit Coin and is worth 1.1 Billion dollars. That would be a cool story.

  10. hgmichna

    An interesting point is that after the recent fork to the BCH blockchain there is a likelihood that the BCH are moved and sold.

    If that never happens then we may tentatively assume that the million bitcoin address is orphaned.

  11. iamedisonlo

    So I live in a small city called Temple City. Three years ago, an online publication called Newsweek claimed that he lived in Temple City. Turns out it was just an older gentleman named Satoshi Nakamoto who had nothing to do with bitcoin. Dozens of reporters and news outlets stormed this poor guys house for a couple days…

  12. Edewede

    We are all Satoshi Nakamoto.

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