The Bitcoin Founder?

Who is this guy?

No one knows who he really is, but according to Wiki:

As of 24 May 2017, Nakamoto is believed to own up to roughly one million bitcoins,4 with a value estimated at approximately $4 billion USD as of September 2017."

So an unknown person is sitting around sipping a latte and no one knows he's a billionaire? Not only that, but this person has $4B in bitcoin? That he keeps in bitcoin?

34 Comments
 

yeap it is kinda nuts in a way. I have a hunch this is a group of people rather than one person. its super shady no one knows anything about him

 

My thoughts as well. Some people close to government or the governments would have shut it down and outlawed it already.

... Could be CIA (in conspiracy voice)

26 Broadway where's your sense of humor?
 

I dont think they could shut it down whether they wanted to. The very nature of bitcoin makes it decentralised , there is no central server to which you can shut down and people simply stop using bitcoin. The technology and thought behind it is amazing if you have read the whitepaper. What is shady , is that most people have no idea who this dude is. They do not even know if it a person or a group. So here is this guy who created something that is basically being called the web 3.0 and no one has an idea who he is

 

It's probably Bill Gates. :)

"I'm talking about liquid. Rich enough to have your own jet. Rich enough not to waste time. Fifty, a hundred million dollars, buddy. A player. Or nothing. " -GG
 

From excerpts from his old forum posts, it sounded like he's some kind of libertarian radical who thinks that Bitcoin is going to replace fiat currency and revolutionize the world. This is probably why he hasn't moved the coins.

 

Interesting to speculate. The individual or group has roughly 1,000,000 bitcoins registered to their address, effectively making them a billionaire. Also interesting to note, none of the coins registered to that address have been spent.

My guess is they are either dead or a group that has lost an integral person needed to access the account and without a failsafe, the private keys to the coins are 'lost'. Maybe they had failsafes in place but still decided not to spend the BTC anyways. I'm sure everyone highly involved early on don't care about a few million more or less.

 

I don't think this was a group effort. When he still actively developed the system, his comments on the forum were all in the same style (grammar, punctuation etc.). Probably some smart guy who is actually trying to make the world a better place. Interested in money but not in owning it.

Also note that Bitcoin wasn't as revolutionary as everyone seems to think. There were many other systems quite similar to it. Nakamoto's big accomplishment is mainly fine-tuning the idea and popularizing it. The 2008 crash helped him a lot, right place right time, just as Facebook was.

 

Satoshi Nakamoto was the inventor of the bitcoin protocol, publishing a paper via the Cryptography Mailing List in November 2008. Satoshi” means "clear-thinking", quick witted wise". “Naka” can mean “medium, inside, or relationship”. “Moto” can mean “origin”, or “foundation”.

 

Bitcoin was created by Satoshi Nakamoto, who published the invention on 31 October 2008 to a cryptography mailing list in a research paper called "Bitcoin: A Peer-to-Peer Electronic Cash System".

https://www.neowebwallet.com/
 

It's me. I invented bitcoin. AMA dropping soon. Stay tuned and spread tha word.

We're not lawyers. We're investment bankers. We didn't go to Harvard. We Went to Wharton!
 

Hopped on the cryptocurrency hype with Litecoin and Ethereum not too long ago. Given it's still very volatile, I feel as though the idea of blockchan and decentralized currency could play a huge role in the future. I still have doubts since the idea of decentralized currency will sound major alarms to the government and the banking system. Anyone else have some opinions on this?

 

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