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In search of Satoshi Nakamoto

Newsweek released an expose yesterday on finding the mysterious creator of Bitcoin, Satoshi Nakamoto. The man found in California who is the ‘find’ of the decade says he is not the elusive creator of Bitcoin, according to AP yesterday when hordes of journalists and photographers appeared in front of his door.

As Newsweek stood by its expose report of the real Bitcoin Satoshi Nakamoto, the California man went to lunch with the AP reporter yesterday and clarified the confusion of his original statement to the Newsweek reporter.

‘I’m saying I’m no longer in engineering. That’s it. And even if I was, when we get hired, you have to sign this document, contract saying you will not reveal anything we divulge during and after employment. So that’s what I implied.’

‘It sounded like I was involved before with bitcoin and looked like I’m not involved now. That’s not what I meant. I want to clarify that,’ he added.

The California, ‘Nakamoto’ found refuge for a couple of hours in the AP office in Los Angeles attempting to disenfranchise himself from Bitcoin and the horde of reporters. He revealed nothing else to indicate that he is Satoshi Nakamoto.

CoinDesk, the online site for the Bitcoin die hard community posted that there was a statement on P2P Foundation discussion thread by a user claiming to be ‘Satoshi Nakamoto’ and the user’s email address is listed as that of the original Satoshi Nakamoto.

Leah McGrath Goodman, the Newsweek reporter, who broke the story of the find of the decade stated yesterday that she stands by her story. According to Goodman she has spoken with many members of the family of the purported Satoshi Nakamoto of California.

It is a mystery but it does not affect Bitcoin which now has a life of its own. It all began in 2008 when a ‘white paper’ was placed on the Internet and a conversation with cryptographer, Hal Finney, received the first Bitcoin from Satoshi Nakamoto. Finney promoted the use and Bitcoin was born into the peer-to-peer crypto currency world.

Finney has gone online today and posted on the Bitcoin forum. He does not know the real Satoshi Nakamoto and can only write that he thought from their exchange of emails that Nakamoto is a young Japanese man who is brilliant. Finney says that he has been around enough genius to know one. Finney has Bitcoin in an offline wallet that he keeps for his family to inherit.

His ill health due to ALS allows him only to work on the computer and he is a believer of Bitcoin. It has created its own brand and is the embodiment of many visionaries who saw a digital currency in the future that replaced banks and greedy bankers. It crosses geographical boundaries.

Bitcoin is based on an algorithm and the code has actually been changed due to improvements and clarification by Bitcoin Foundation chief scientist, Gavin Andresen. The Bitcoin brand is going strong despite the bankruptcy of Mt.Gox and the illegal activities of Silk Road. It only has won more fervent members to the Bitcoin community.

To find more about Bitcoin see the list below in Author’s suggestions and view the Video atop this article.

Twitter Victoria Wagner@victoriaross888

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