Who is The Real Creator of Bitcoin?
With so much publicity this past year, many crypto enthusiasts think the creator of Bitcoin would want to claim responsibility for this momentous feat. However the creator of Bitcoin has remained utterly silent. This of course leads to lots of questions, many of which still cannot be answered. However there is one piece of the puzzle, which could potentially lead us to discover the true creator of Bitcoin. This piece to the puzzle is… the name Satoshi Nakamoto.
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Who is Satoshi Nakamoto?
The author of Bitcoin’s white paper refers to themselves as “Satoshi Nakamoto”, it is unlikely the creator would use their true identity. Especially if their goal is to remain completely anonymous. However in the search to find Satoshi Nakamoto, one individual has become a person of interest. Their name is Dorian Satoshi Nakamoto, not only that, but Dorian also has a background in computer science. These details would definitely fit the description of someone capable of creating Bitcoin. However Dorian Nakamoto has not entertained the idea of being the creator of Bitcoin, in fact he has denied being the creator of Bitcoin dozens of times.
Although it is unlikely that Dorian Satoshi Nakamoto is the true creator of Bitcoin, there are other plausible theories. Another very convincing theory behind the creator of Bitcoin, is that Satoshi Nakamoto is actually a group of people. This would make a lot of sense, since developing and launching a tech company alone would be incredibly difficult. I can speak from experience, developing and maintaining any software related product is incredibly challenging at times.
Will We Ever Find Out?
It is very unlikely we will ever truly discover who Satoshi Nakamoto is, there are a few reasons why. First, Satoshi Nakamoto holds somewhere between 750,000 and 1.1 million BTC. Which sets the net worth of Satoshi Nakamoto at around $73 billion. This would make Satoshi Nakamoto a very susceptible target for criminals. Furthermore, Bitcoin faces a lot of scrutiny, which ultimately means the creator of Bitcoin is responsible. If Satoshi Nakamoto remains anonymous they’re able to dodge potential allegations.
It is widely believed that Bitcoin was originally developed to aid criminals as a secure medium of exchange. The combination of blockchain technology, and decentralization, allowed criminals a safe alternative to fiat currencies. However just because criminals found a way to leverage Bitcoin, doesn’t necessarily mean Bitcoin was created for criminals. Either way, it is important to remember this detail about the origin of Bitcoin. Perhaps if Bitcoin was never adopted by criminals, this technology would never have become as widespread as it is today.
The Power of Satoshi Nakamoto
Perhaps what people should be more concerned about, is the fact that Satoshi Nakamoto has the power to crash Bitcoin’s value altogether. Satoshi Nakamoto owns a respectable amount of Bitcoin, which if sold. Could crash the crypto market as a whole, since many other cryptocurrencies are affected by the value of Bitcon. A price dip for Bitcoin would send a ripple throughout the entire crypto market.
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