Who is Satoshi Nakamoto? Satoshi Nakamoto is the founder of Bitcoin and the initial creator of the original Bitcoin client. He has said in a P2P foundation profile that he is from Japan. Beyond that, not much else is known about him or his identity. He has been working on the Bitcoin project since 2007. The smallest unit of measure in bitcoin has been named in honor of Satoshi.
In November of 2009, Satoshi created one of the most disruptive experiments in human history when he published a white paper titled Bitcoin: A Peer-to-Peer Electronic Cash System. This new design would allow two (or more) parties to transact value without the need for a trusted third party. This has immense implications for global trade but the trusted third parties that have been in the middle of every financial transaction for centuries are not so happy about such an invention. This has put Satoshi at the top of the wanted list of the legacy banking cartels.
When Satoshi published this paper, he published a model that would change the world forever. The world finally had a mechanism for people and institutions to create privately issued money but even more importantly, bitcoin was the blueprint for creating bits of information that cannot be duplicated or counterfeit. This is why bitcoin is capable of functioning as money. Satoshis new invention will create a number of problems for governments and banks around the world which is likely why he has kept his identity a secret.
Ever since bitcoin has found its use as a safe haven asset around the world, Satoshi has gone into hiding and the search for his true identity continues.
In 2013, Newsweek received some sort of anonymous tip that a man named Dorian Nakamoto was living in California and was remotely associated with some sort of cryptographic work for the government a couple years prior. Thanks to todays poor journalism and everyones lust to be the first to publish a story, Dorian was dragged into the spotlight as being Satoshi Nakamoto. It was later proven false but Dorians face is still often used in bitcoin memes. There was even an art piece auctioned off to help him and his family with legal damage created by Newsweeks careless journalism.
In December of 2015, the search for Satoshi seemed to take yet another turn when an Australian computer scientist named Craig Wright was outed as being Satoshi. It didnt take long for freelance journalists to swarm his Brisbane residence to completely invade his privacy looking for answers. Since he has fallen into the public spotlight, he has actually made claims that he is, in fact, Satoshi Nakamoto only to be mathematically eliminated as a fraud for not supplying a key signature that Satoshi is known to control. In short, hes a fraud.
Since nobody knows Satoshis real identity or background, there have been a number of conspiracy theories that have surfaced. Some theories suggest that he is a member of the new world order and published bitcoin to create a one world money that the NWO will use to control the entire planet while other theories suggest that he is a former government employee who went rogue and released a cryptographic software system that the government had been using for years called blockchain. We may never know for sure but the search will likely continue as long as some people still care.
One of the first conspiracy theories was that Satoshi is actually a consortium of bankers who are working to establish a new world order. The anonymous creator is not actually a single individual but rather a group of banksters who published the bitcoin white paper to establish a global control of money and unleash the mark of the beast on the world. This is likely not the case since the bitcoin code is open source for all to view and can be changed. This makes it very difficult to control by any central power.
Another Conspiracy theory is that Satoshi was working for the NSA and had been part of a project that was using a technology that was incredibly secure because it wasnt centralized and required very complex cryptography to operate. Satoshi stole this model and altered it so that it could be used by the people rather than being monopolized by the government. After he figured out a feasible way to make it work as a peer-to-peer network, he published the Bitcoin White Paper to get some tech experts to fine tune it. Ever since it began to catch on, Satoshi has been forced into hiding for fear of being exposed and sentenced to torture or even death.
These are only a couple conspiracies but as time goes on, there will only be more crazy ideas that get added to the mix. Check back here from time to time to learn more about Satoshi Nakamoto.
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Read more:
Who is Satoshi Nakamoto? - What is Bitcoin?
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