Satoshi Nakamoto: What We Know About the Unknown Bitcoin Inventor

The mysterious inventor of what is now the world’s most valuable digital currency is better imagined than described. After all, we know almost nothing about him.

In search of Satoshi Nakamoto

No one knows for sure if he ever lived, but his name and invention revealed him as an upset Japanese, and we’ll never know what he wanted, but we’ve found clues pointing to one thing: the destruction of composure of our economy. and political ethos.

There is a clue in Satoshi Nakamoto’s dark personality that generates a mixed feeling of anger and joy, felt especially by those who are his sympathizers. Moreover, this sentiment is easily instilled in almost anyone who makes a habit of reading his whitepaper, the Bitcoin Whitepaper, with all the devotion it fully deserves.

Through the act of reading, the reader is therefore exposed to the restless spirit of a revolutionary that Satoshi was in part, and he wonders why his genius is still greatly underestimated by the world. But only intentional reading is highly recommended to understand how Satoshi’s inner mind works and the trajectory of his invention.

Satoshi, if a man of such a reputation ever existed, was light years ahead of his peers and his generation. Skepticism aside, he is often credited as the man who single-handedly rewrote the history of money in a few vivid yet powerful lines, one of which is a vivid description of how technology is capable of “allowing two consenting parties to deal directly with each other”. without the need for a trusted third party.

What do we know?

Today, there are as many underlying questions about this man and his invention as probable answers about his motive and his inspiration. But the closest we’ve ever come to uncovering the truth is that Satoshi was either a figment of our imaginations or the alter ego of a mob-provoking entity who preferred anonymity over creating legends.

Photo credit: Marcio Gandera

We know that Satoshi, a supposedly larger-than-life figure, built a crypto empire of 300 million people today, and that Bitcoin, his main invention, is the precursor to the growing horde of cryptocurrencies that dot the world. crypto space and the constant explosion of ideas in the web3 space.

Furthermore, we know that innovations such as NFT, DAO, Defi, etc. who are now taking advantage of blockchain technology in the nascent web3 digital space can be remotely attributed to the brilliant mind of Satoshi Nakamoto, although no one has reported knowing or meeting him.

Satoshi Nakamoto: a complaint, too!

For an invention that has a lot of potential to transform the future of money, we’re pretty familiar with the premise that it’s set to change the world. However, the unknown identity of its central figure has led to claims and counterclaims.

In one of the many instances where an attempt was made to hijack Satoshi’s identity, Australian computer scientist Craig Wright recently told the world that he was the real Satoshi Nakamoto. But rather than being hailed for such a brilliant invention, he was booed by an angry public who saw him as an opportunist and a pathological liar.

Photo credit: finance tycoons

Craig’s claim was a hotly debated topic within the crypto community in 2021 and what made it all the more notable was that it was an intriguing part of the civil action. brought against him in a Miami court by the executors of his partner’s estate who accused him of a scam.

What some dubbed the “Bitcoin lawsuit of the century” was actually about Craig, his claim and his defense, and instead it was how a significant part of the court ruling implied that Craig couldn’t be Satoshi, a dramatic ending that dealt a fatal blow to his rise to the legendary height. Although the lawsuit ended in a tarnished reputation for him, it has yet to end the claims and counterclaims to the invention of Bitcoin.

Dominic Frisby in his book Bitcoin, the future of Money?’ argued with characteristic candor that famed computer engineer Nick Szabo could have invented Bitcoin, citing a striking similarity between Satoshi’s and Nick’s writings and a more compelling similarity between the concepts of Nick’s Bit Get and Satoshi’s Bitcoin.

There was also a recent claim from a certain Satoshi Shane-O who recently revealed in a podcast about how he and others started Bitcoin. In what is titled “The Origin of Bitcoin”, a clue is provided as to whether Satoshi could be claimed as the identity or pseudonym used by a group of people who chose to stay under the radar. This line of argument holds water for some due to the fact that the pronoun “We” is used throughout the Bitcoin whitepaper.

Conclusion

The most controversial attempt to put the founder of Bitcoin in the limelight remains that of the 2014 scandal of Mr. Dorian Satoshi, the retired Japanese-American engineer who later flatly denied being the real Satoshi Nakamoto after his answer to a question revealed him as Satoshi and a libertarian. But one thing Dorian’s denial proved was that Satoshi Nakamota’s identity may never be known.

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