In May 2010, Laszlo Hanyecz bought two pizzas worth $30 with Bitcoin. What started as a fun test ended up being one of the biggest crypto-trends of 2020.
Nobody knew about Bitcoin a decade ago. Today it’s everywhere, and very few haven’t heard of it. The creators inspired in a technology they researched since the nineties: blockchain.
It’s been a long time since 2011, and we still don’t understand how Bitcoin works. We have an idea of what it does but have no idea of what its potential is. How has it become what it is today?
Bitcoin bases on Blockchain, like many altcoins. Yet, Bitcoin came first, and the others haven’t expanded nearly as much as BTC. Something makes it different from the pack.
If you research Ethereum, Litecoin, or Ripple, you’ll know everything about their origins and their founders. Bitcoin, however, has a mysterious creator.
Who Is The Creator Of Bitcoin?
If we knew about the creator and contact him, we would know much more about Bitcoin today. All we know is a name, Satoshi Nakamoto, registered on the Bitcoin.com domain.
The name stands for a person that may or may not exist. Although there are potential characters, nobody has enough evidence to be Nakamoto. The name is likely a pseudonym of the real person. Perhaps a group of talented coders.
It seems the creator of Bitcoin has no interest in revealing his identity. Who is Satoshi Nakamoto?
That doesn’t mean others haven’t tried. If you read Craig Wright‘s case, there’s evidence of people you might have involved in the project.
What Would The Creator Look Like?
What researchers found wasn’t enough to prove the identity. Hopefully, they will find information if they asked the closest people to that circle.
We know Laszlo Hanyecz as one of the first people who used Bitcoin. Researching further, they got to a bunch of potential profiles, being Craig among them.
Imagine someone claimed to be the creator. Even if they can prove it, it’s hard for investigators to verify it. First, it should match the description we currently have:
Whether it’s a tech team or a single genius, it takes innovation to create Bitcoin. You won’t invent it in your garage. At least, the creator would be an expert in computer science and peer-to-peer online networks.
We don’t deny that a single person could have created Bitcoin. It’s simply not probably. If the founder created this crypto-system to make money, you’d have heard about it.
Wouldn’t the creator be the first person to profit from Bitcoin? Some Bitcoin millionaires are Barry Silvert, Michael Novogratz, and Dan Morehead.
John McAffee is another Bitcoin enthusiast who owns a good chunk. He claims to know one thing or two about the creator, but there’s no evidence because he never spoke.
Due to the many people involved, Satoshi could likely be the Bitcoin founder, not who created the whole system. Many tech geniuses may have come after him to complete the project. Probably the ones who promoted Bitcoin in its early stage.
The Bottom Line
The Bitcoin creator will continue to be anonymous. The identity may not matter after all. Because what would you get representing a decentralized, anonymous trading system. It wouldn’t make sense.
He may still surprise us and reveal himself someday in the future. If he’s still involved, the project may still be running. What we’ve seen until today may only be the beginning of something bigger.