And Satoshi’s True Identity is…

Who is Satoshi Nakamoto? The identity of the enigmatic person (or people) who created bitcoin remains as mysterious as Jack the Ripper.
who is bitcoin inventor satoshi nakamotowho is bitcoin inventor satoshi nakamoto

Who is Satoshi Nakamoto? More importantly, does it really matter? | Source: Pixabay

Who is Satoshi Nakamoto?

The identity of the enigmatic person (or people) who created bitcoin remains as mysterious as Jack the Ripper.

Pundits and experts all over the world have put forth their assertions as to who Satoshi truly is. It is the subject of much debate in the bitcoin and cryptocurrencies world.

A Legend In Bitcoin Bulls’ Minds

Satoshi is regarded as a legendary figure, a mystery of such gigantic proportions that one may soon find him enshrined alongside Bigfoot and the Loch Ness Monster.

That is why it will shock readers to know that I know the true identity of Satoshi.

I will reveal his identity at the end of this article!

Yet there is something even more compelling than knowing the true identity of Satoshi. It is the fact that nobody should care who or what Satoshi’s true identity is, because it doesn’t matter, and never will.

Satoshi Is Nobody, Just Like Bitcoin Is Nothing

There is an unsurprising correlation between the hype surrounding bitcoin and the hype surrounding the identity of Satoshi. Both are composed entirely of vapor. Just as there is nothing to support the value of bitcoin above zero, the value of knowing Satoshi’s identity is also zero.

Ed Butowsky, Managing Partner of Chapwood Capital Investment Management in Dallas, tells CCN:

“Has it ever mattered to anyone who invented paper currency in the United States, or anywhere else for that matter? Has it ever mattered that the Treasury Secretary invented paper currency for United States in 1861? Has it changed, or will it ever change, how people spend their currency? No. The only reason anyone will want to know who his identity is so they can blame someone when bitcoin collapses”

Nor should it matter whether Satoshi is a man living with his mother in her basement, the Abominable Snowman, Donald Trump, Mickey Mouse, or the man behind the counter at the corner 7-11.

None of this changes what bitcoin is, how it is been used in the past, or how it will be used in the future, or how much money will be lost when bitcoin goes to zero.

Bitcoin Is One Big Scam

Bitcoin is based entirely on speculation. Its value is simply determined by what one person thinks he can sell it for, and what another person will pay for it.

There is no asset to back it.

No matter how many bitcoin bull tell me that there is nothing to back other assets either, I will always tell them that they are not only wrong, but that is not an affirmative argument for bitcoin.

That is why I will also tell them that bitcoin is simply one big scam being perpetrated by the very believers in it. It is the closest thing to the Dutch Tulip Craze of the 1600s that we have ever seen.

So it shouldn’t surprise anyone that believes in bitcoin and its potential that they should be equally invested in another ghost named Satoshi. The whole thing is so off-the-rails that even impostors are trying to gain notoriety for pretending to be him!

But I promised you I would reveal the true identity of Satoshi, and now I will.

Look in the mirror. He’s right there.

Disclaimer: The views expressed in this op-ed are solely those of the author and do not represent those of, nor should they be attributed to, CCN Markets.

Last modified (UTC): September 14, 2019 12:01 PM

Related Posts:

  • No Related Posts

Bitcoin and its creator: Satoshi Nakamoto between candidates and self-proclaimed | Breaking News

Despite the fact that Satoshi Nakamoto communicated with others since 2008, nothing is known of him.The creator of Bitcoin has a wallet with almost 1 …
Key facts:

Despite the fact that Satoshi Nakamoto communicated with others since 2008, nothing is known of him.The creator of Bitcoin has a wallet with almost 1 million of BTC that has not been movido.De Satoshi Nakamoto, we know rather little. Despite being the creator (or group of creators) of Bitcoin, Nakamoto is simply an enigma egregious. Despite the fact that we are in the era of information, all the movements on the Internet leave a trace, and the identity of users is often compromised at a certain level, Satoshi continues to be an entity completely anonymous.Despite this reality, in the more than 10 years of history that already has Bitcoin, several people have been identified as possible Satoshis. The list includes a number of different profiles, and in this article we will share with you several of the main suspects of being Nakamoto.

Candidates to Satoshi

Cypherpunks

Some of the main suspects embody Satoshi were members of the mailing list of cypherpunks, a group of activists from privacy and cryptography, were referenced in the White paper of Bitcoin or participated very early. We talk about Nick Szabo, Wei Dai, and Hal Finney.Szabo is one of the leading vocal, more visible in the community and one of the pioneers in terms of the concept of digital money and decentralized contracts smart. The developer and cryptographer u.s. in addition created a type of digital money very similar to Bitcoin, called Bit gold, although some time before the solution, Nakamoto known. He himself has refused on numerous occasions to be Satoshi.In the case of Dai, who also created a similar product with B-Money, is similar to Bitcoin. Despite the fact that he has denied in several occasions these assumptions, your relationship early and directly with Bitcoin has led to it being suspected of being Satoshi Nakamoto. His work is one of the few documents cited as sources in the White paper, Nakamoto, and there are large similarities between one and another. However, according to Dai and the developer and cryptographer Adam Back, Satoshi had no knowledge of the project, Dai.

I understand that the creator of Bitcoin, known by the name of Satoshi Nakamoto, didn’t even read my article before you re-invent the idea himself. He learned later, and I credited in your document. Then my connection with the project is quite limited.Wei Dai, cryptographer, and developer

Finally, Hal Finney, who we can consider as the first bitcoiner. Finney, cryptographer, who had worked in a number of major projects before getting involved with Bitcoin, followed the project since it had knowledge of him. In fact, he was the one who received the first transaction from the network, when Nakamoto sent him 10 BTC. Finney also denied these suspicions, before a degenerative disease will fulminara. It is currently criogenizado.

Dorian Nakamoto

Dorian Satoshi Nakamoto is one of the most well known faces of Bitcoin, and this by the mere fact of having the same name as the author in the White paper of the criptomoneda. Despite the fact that Dorian has also worked as a consultant for the u.s. government and other projects, this is not Nakamoto.Dorian Nakamoto to show their id in an interview to Channel 4 News / youtube.comTodo the imbroglio was due to an article published by Newsweek in 2014. In the article it was pointed out to him as the creator of Bitcoin from a misunderstanding. Supposedly Dorian Nakamoto would have stated that he was not working with Bitcoin, but an explanatory post on the subject pointed out that referred to his work as a consultant for the government. The interview was conducted by journalist Leah McGrath Goodman. Dorian Nakamoto you were frozen their bank accounts, and the original user of the creator of Bitcoin at the Foundation P2P went out to the passage of these accusations, noting that he was not Dorian Nakamoto.

Paul Calder Le Roux

But Nakamoto has not been linked only with geeks and cypherpunks, also with criminals. Such is the case of Paul Calder Le Roux, who is repsonsable of the creation of software cryptographic E4M and TrueCrypt. According to a research investinblockchain.com, Le Roux is the author of a project extremely similar to Bitcoin, but it was released a decade before the White paper, Nakamoto, that is to say, in 1998.An item that gives some support to this theory is that Le Roux is in prison since 2012, exactly the year in which Nakamoto stopped its activity related to Bitcoin. His name jumped to the fore in the midst of the legal dispute between David Kleiman and Craig Wright, who has claimed, without evidence, to be the real Nakamoto. Wirght assured that, if disclosed, could face reprisals criminal, related with Le Roux. In addition, you have an alias similar to “Solotshi” and is familiar both with the cryptography as the language of computer programming in C++.

Bilal Khalid

The last “candidate” in addition to the list was the course developer, Bilal Khalid. This subject would have generated a significant buzz prior to its disclosure, the whole time that some means of communication outlined that Satoshi Nakamoto in person was going to reveal, just before the announcement of Khalid.Remember that Ivy McLemore, a specialist in marketing and public relations, announced that the “visionary” creator of this criptomoneda would be revealed to the public and also would to know some details like its origin, his academic training and the reasons why that has not moved or one of the bitcoins that are in your wallet. Recall that a wallet associated with Satoshi Nakamoto contains 980.000 bitcoins.Despite this announcement and the small commotion that was caused at the beginning, the attempt of Khalid was just an anecdote. In fact, Ricardo Spagni, developer of the altcoin focused on privacy, Monero (XMR), gave the lie to this “revelation”.The developer of Monero explained that Khalid lied with regard to the “origin” of the name “Bitcoin”. The course Nakamoto would have said that it was the Bank of Credit and Commerce International, although according to the evidence of Spagni, Khalid registered an account with the support of BCCI Group, whose description on their website, it was really Blue-Chip International (BCCI). Khalid would have forged their evidence.

Other possible Nakamoto

It has even been suggested that, given that it is not known if Satoshi Nakamoto is a person or group of persons, including the National Security Agency (NSA) could be related to the creation of Bitcoin, as they would have worked in a similar solution. This thesis has been suggested and argued from the views of a specialist in cyber security and privacy, Edward Snowden.It is fair to say that while Craig Wright has said that he is Satoshi Nakamoto, in repeated opportunities, until now, has not been able to verify this, being pointed out as a “fraud” by a number of major spokesmen of Bitcoin through social networks. Wright has failed in the verification of his claim to have not given any test cryptographic consistent.As we have seen, the list of possible or suspected Satoshis is long. Up to now, more than 10 years after the emergence of Bitcoin, the author of this powerful solution to the problem of double-spending of digital cash still remains in the anonymity, and the protocol continues to work, as 99.98% of the time since the creation of their block genesis.

Related Posts:

  • No Related Posts

Rap battle between Alexander Hamilton and Satoshi Nakamoto over Bitcoin

This is pretty brilliant: A rap battle between Alexander Hamilton and Satoshi Nakamoto over the merits of centralized, government-fiat currency, versus …

[Satoshi Nakamoto]

Decentralized currency. Yes, I invented it.

I’m sure many governments wish they had prevented it

Their national cash is how they keep control,

But freedom to the people was my ultimate goal.

Am I a pseudonym? A group of men? It doesn’t even matter.

I invented Bitcoin cause fiat is a disaster.

A man from Japan or a damn hologram?

I’m the reason open season on crypto began.

[Alexander Hamilton]

Does anybody know what this crypto-thing means?

To me, sounds like the new Get Broke Quick scheme,

A bunch of fools from across the land

Investing in something they don’t even understand,

Buying Litecoin, Dash, Bitcoin Cash,

It’s all gonna crash, and be gone in a flash.

All this unsupported money’s an irrational prank,

And I’ll be laughing all the way to my National Bank.

Related Posts:

  • No Related Posts

Billionaire LinkedIn Founder Thinks Bitcoin Rap Battle Will Heal Divided Nation

… produced a parody rap battle music video between founding father Alexander Hamilton and the pseudonymous Bitcoin creator Satoshi Nakamoto.

Billionaire LinkedIn founder and venture capitalist Reid Hoffman just funded and produced a parody rap battle music video between founding father Alexander Hamilton and the pseudonymous Bitcoin creator Satoshi Nakamoto. With the video, Hoffman becomes the latest billionaire to promote the cryptocurrency with musical numbers.

The video pits Hamilton, credited with pushing the U.S. to adopt a central bank, against Nakamoto, who created a decentralized cryptocurrency. These types of parodies are common in the cryptocurrency world; bad Bitcoin rap has become its own genre on YouTube.

Bitcoin Rap Battle Debate: Hamilton vs. Satoshi (BITCOIN GIVEAWAY) [feat. EpicLloyd, TimDeLaGhetto]” is notable only in that it was funded by a billionaire and promoted by his billionaire and millionaire friends: “Watch about Bitcoin,” former Google CEO Eric Schmidt enthusiastically tweeted. “hahahahaha,” Ashton Kutcher, who definitely watched the video, tweeted.

Hoffman does not star in the video, which features dozens of actors, rappers, and a cast of extras pulled in from the world of cryptocurrency, but is credited as a writer and the executive producer. Hoffman said he believes battle rap is a rhetorical device that will break through in these troubled, polarizing times and will help us settle some of society’s most pressing beefs, such as whether Bitcoin is GOOD or BAD.

“Like thousands of others who’ve seen Hamilton, I was delighted and amazed by [Hamilton musical creator Lin-Manuel] Miranda’s musical vision and talent. And I was particularly struck by his two ‘Cabinet Battle’ songs, and the way he used battle rap to express the opposing viewpoints that informed the issues and debates underlying fundamental moments in America’s development,” Hoffman wrote on LinkedIn. “Since then, I’ve been intrigued by the idea of using battle rap to explore some of the most polarizing issues that characterize our own era.”

Hoffman said that when he watched Hamilton he realized that rap battles are a “form of discourse where extremely attentive listening routinely occurs.”

“These days, however, debate often consists of little more than ad hominem attacks, synchronized shouting, and reflexive efforts to abort any competing perspective with charges of, as our factually allergic President puts it, ‘FAKE NEWS!’ There’s lots of noise but very little listening,” he said.

Anyways, while Hoffman was promoting this video, a member of the jury for an award Hoffman funds at the MIT Media Lab publicly accused him of protecting a man who accepted more than a million dollars in funding from billionaire sex offender Jeffrey Epstein. Perhaps they can settle this with a rap battle.

Related Posts:

  • No Related Posts

A Man Who Says He Invented Bitcoin Has Been Ordered By A Judge To Pay Up Billions – In Bitcoins

Craig Wright is an Australian computer engineer who has claimed the identity of Satoshi Nakamoto, pseudonymous inventor of the cryptocurrency …

Craig Wright is an Australian computer engineer who has claimed the identity of Satoshi Nakamoto, pseudonymous inventor of the cryptocurrency Bitcoin. Now, The Guardian reports that a judge in Florida has ordered him to pay a full half of all the bitcoins he earned between 2009 and 2013 to the estate of the late David Kleiman, who Wright has said was his partner before his death, as well as half of the value of his intellectual property from the time of Kleiman’s death in 2013.

The court hasn’t yet made a determination of exactly how many bitcoins Wright has, but the Nakamoto identity’s bitcoin wallet would be valued at almost $10.5 billion as of this writing. That means that he would have to pay more than $5 billion worth of bitcoins to the Wright estate.

Dan Kitwood/Getty Images

You can probably already gather that this is a pretty complicated case, and in fact the court ruling isn’t a clear cut victory for Kleiman’s estate. That’s because despite Wright’s claim to be Nakamoto, he also says he can’t access the billions worth of bitcoins that are the digital property of that identity. He reportedly explained in court that after a crisis of conscience regarding Bitcoin’s use in illegal activities in 2011, he locked the bitcoin behind an encryption that was then placed in a blind trust. The encrypted key was, Wright says, given to Kleiman, who then cut it up and distributed it to several other people. According to Wright, the complete key won’t be delivered to him until sometime early next year, when a bonded courier is slated to place it in his hands.

If that sounds more like a spy novel than real life to you, you’re in agreement with the presiding Judge Bruce Reinhart, who reportedly said the story was “inconceivable.” He went on:

“During his testimony, Dr. Wright’s demeanor did not impress me as someone who was telling the truth…When it was favorable to him, Dr. Wright appeared to have an excellent memory and a scrupulous attention to detail. Otherwise, Dr. Wright was belligerent and evasive.”

Now, the case of the missing bitcoins will probably take quite a while to get totally straightened out.

Related Posts:

  • No Related Posts