Bitcoin has, in recent years, come to the forefront of many people’s minds, as a viable, and in many ways preferable alternative, to more traditional investment paths. Many people, especially young people, are losing faith in investment institutions, and are looking for viable alternatives, and their research leads them to crypto trading sites and cryptocurrency communities.
Among bitcoin connoisseurs, and more broadly among cryptocurrency traders in general, the name Satoshi Nakamoto is synonymous with cryptocurrency, and bitcoin. The name Satoshi Nakamoto is a pseudonym hiding the person, or people behind the first, biggest, and still best cryptocurrency on the current market.
Satoshi and the Beginning of Bitcoin
The idea for bitcoin began to brew in the mind of Nakamoto in the late 2000s. Satoshi Nakamoto registered the domain name bitcoin.org in 2008, and shortly afterwards he published a white paper titled Bitcoin: A Peer-to-Peer Electronic Cash System, where he espoused the merit of decentralized currency, and the peer-to-peer system, as well as, where he explained how bitcoin is exactly going to work. It was less than a year later, that Bitcoin was ready for release. Satoshi Nakamoto himself mined the first bitcoin units, now called the genesis block.
When bitcoin first was presented to the public, its value was barely a dollar, and many dismissed it as a fad that won’t last long. Now, over a decade later, a single bitcoin unit is worth over fifty thousand dollars, and cryptocurrency is more popular than ever. Crypto trading sites like Bitcoin Billionaire online have made cryptocurrency more accessible and popular than ever, as they are very easy to operate, and offer investment tutorials for new investors.
However, over a decade later, and the identity of Nakamoto is still a huge topic of debate, with many putting forth their own ideas, and theories on who is behind the pseudonym. The following is just a few of the people that have, at some point, been believed to be behind the first cryptocurrency.
Craig Wright
Craig Wright is an interesting case, as he never actually denied being Nakamoto, and to this day he still claims to be the creator of bitcoin. The evidence for Wright being the illusive creator was gathered by Wired Magazine, who presented a number of blogs written by Wright on the topic of cryptocurrency, and noted their similarity to Satoshi Nakamoto’s writings.
The evidence presented was very soon thrown into question, as it was discovered that Wright had backdated a number of said blogs in order to make it seem like he has had the idea for a while. In reality, most of the blogs he wrote had been written much later, after bitcoin’s release. Wright was denounced by a number of big names in the crypto community, including Ethereum’s creator Vitalik Buterin.
Hal Finney
A pioneer in the realm of cryptography, and the first recipient of bitcoin, it was not a huge leap for certain reporters to assume that Finney was the man behind the cryptocurrency boom. It was a Forbes journalist named Andy Greenberg who first made the connection between Hal and Satoshi. After an interview, however, Mr. Greenberg concluded that Hal Finney was not in fact Satoshi Nakamoto, but may have ghost written a few of Nakamoto’s blog posts and papers.
Sadly, Mr. Finney passed away in 2014 due to ALS, and his body has been cryopreserved. Hal Finney remained an ardent supporter of cryptocurrency, and a hardcore cypherpunk throughout his entire life.
Dorian Nakamoto
Apart from the two mentioned above, others who have been suspected of hiding behind the pseudonym include Dorian Nakamoto, a Japanese-American resident of California, who not only shares a name, but also shares the programming skills necessary, and the libertarian philosophy which bitcoin is steeped in.
Dorian Nakamoto has denied any association with bitcoin, claiming that any article that claims otherwise is twisting the truth.
