The emergence of cryptocurrencies has changed the financial landscape. When Satoshi Nakamoto created and released Bitcoin (BTC) in 2009, it revolutionized how people transacted. Although BTC has brought a new chapter to the history of banking, its creator is still one of the great mysteries of the contemporary era.
Bitcoin (BTC) made its public debut in January 2009. Its whitepaper was first released in October 2008 under the alias Satoshi Nakamoto. Even though his, her, or their creation has become a global sensation, traders, investors, and the general public are still perplexed about who Satoshi is.
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A recent HBO documentary, “Electric Money: The Bitcoin Mystery,” pointed at Peter Todd as a potential candidate for Satoshi, which the individual has denied. The community is split about whether Todd is behind the BTC movement.
Let’s discuss three individuals who may be behind the Satoshi Nakamoto moniker.
Top 3 Suspects Who Could Be Bitcoin’s Creator Satoshi Nakamoto
1. Hal Finney
Hal Finney was a computer scientist who received a BTC transaction from Satoshi on January 12, 2009. Coincidentally, Finney had a neighbor named Satoshi Nakamoto, who has denied being the creator of BTC.
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Regretfully, Finney’s ALS-related problems caused his death in August 2014. Finney has been cryopreserved and might come back upon advancements in cryotechnology. Finney’s passing coincided with Satoshi’s last post on the Bitcoin forum, which fuelled rumors that the two were the same.
2. Adam Back
Adam Back is a British cryptographer and the co-founder of Blockstream. Back is the inventor of Hashcash, which played a central role in the Bitcoin mining process. Back was also among the first people to receive an email from Satoshi, raising doubts about whether the two were the same people.
The Blockstream co-founder denied being Satoshi and appeared in the HBO documentary Electric Money: The Bitcoin Mystery.
3. Nick Szabo
Nick Szabo is another computer scientist suspected of being Satoshi. He is the innovator behind the now-popular “smart contract” concept and introduced the idea of Bit Gold years before the launch of Bitcoin (BTC).
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Tech billionaire Elon Musk also supports the theory that Szabo is Satoshi. Musk once stated, “Clearly, I don’t know who created Bitcoin… It seems that Nick Szabo may be more responsible for the evolution of these ideas than anyone else.“