Will The Real Satoshi Please Stand Up?

Who is Satoshi Nakamoto? No one knows for sure, but there are speculations. After the financial crisis and corruption of 2007-2008 the first introduction to a new decentralized currency appeared through the publication of the White Paper by Satoshi Nakamoto in November 2008.

On January 3rd, 2009, the first ever bitcoin block was mined. Cryptocurrency was created. The message read:

“The Times 03/Jan/2009 Chancellor on brink of second bailout for banks”

Nakamoto was a major player in the development of bitcoin currency. However, it is reported in December 2010, Nakamoto ceased involvement with this project and Gavin Andresen was appointed to oversee the project. Nakamoto left a message in 2011, stating in a post, that he had “moved on to other things,” and that bitcoin was “in good hands with Gavin [Andresen] and everyone.”

The world is left to wonder, who is the creator of bitcoin? Who is Satoshi Nakamoto?

There have been claims that Nakamoto is Japanese, born on April 5, 1953. One would conclude by the origin of his name that he is indeed Japanese. However, due to his flawless use of English in the white paper and his occasional use of British English in the code and comments, doubts have been raised.

 

It has been reported, Stefan Thomas, a Swiss coder graphed the timestamps of more than five hundred posts from Nakamoto. He found that there was an absence of posts between midnight and 6 am, Greenwich Time.  Could this be an indicator of his whereabouts?

Another possibility is a Japanese American man from California, named:

Dorian Prentice Satoshi Nakamoto

According to Newsweek, Nakamoto’s training as a physicist at Cal Poly University in Pomona and libertarian background could point to potential indicators of his identity. Leah McGrath Goodman, an author and freelance journalist, went on the hunt for the real Satoshi Nakamoto.

What you’re about to read is replicated from a Newsweek article, by Goodman explaining the alleged encounter with the real Satoshi Nakamoto:

This story has been appended to include a statement from Dorian Nakamoto received on March 19th when Newsweek was first contacted directly by Mr. Nakamoto’s attorney, denying his role in Bitcoin. Satoshi Nakamoto stands at the end of his sunbaked driveway looking timorous. And annoyed. He’s wearing a rumpled T-shirt, old blue jeans and white gym socks, without shoes, like he has left the house in a hurry. His hair is unkempt, and he has the thousand-mile stare of someone who has gone weeks without sleep. He stands not with defiance, but with the slackness of a person who has waged battle for a long time and now faces a grave loss. Two police officers from the Temple City, Calif., sheriff’s department flank him, looking puzzled. “So, what is it you want to ask this man about?” one of them asks me. “He thinks if he talks to you he’s going to get into trouble.” “I don’t think he’s in any trouble,” I say. “I would like to ask him about Bitcoin. This man is Satoshi Nakamoto.” “What?” The police officer balks. “This is the guy who created Bitcoin? It looks like he’s living a pretty humble life.”

Mandatory Credit: Photo by ZUMA/REX (3627059c)
Dorian Satoshi Nakamoto, 64, who Newsweek identified as the founder of Bitcoin, talks with the media at his home in Temple City, Calif., on Thursday, March 6, 2014. Bitcoin is a virtual currency.

 

I’d come here to try to find out more about Nakamoto and his humble life. It seemed ludicrous that the man credited with inventing Bitcoin – the world’s most wildly successful digital currency, with transactions of nearly $500 million a day at its peak – would retreat to Los Angeles’s San Gabriel foothills, hole up in the family home and leave his estimated $400 million of Bitcoin riches untouched. It seemed similarly implausible that Nakamoto’s first response to my knocking at his door would be to call the cops. Now face to face, with two police officers as witnesses, Nakamoto’s responses to my questions about Bitcoin were careful but revealing. Tacitly acknowledging his role in the Bitcoin project, he looks down, staring at the pavement and categorically refuses to answer questions.”I am no longer involved in that and I cannot discuss it,” he says, dismissing all further queries with a swat of his left hand. “It’s been turned over to other people. They are in charge of it now. I no longer have any connection.”Nakamoto refused to say any more, and the police made it clear our conversation was over. But a two-month investigation and interviews with those closest to Nakamoto and the developers who worked most frequently with him on the out-of-nowhere global phenomenon that is Bitcoin reveal the myths surrounding the world’s most famous crypto-currency are largely just that – myths – and the facts are much stranger than the well-established fiction. Far from leading to a Tokyo-based whiz kid using the name “Satoshi Nakamoto” as a cipher or pseudonym (a story repeated by everyone from Bitcoin’s rabid fans to The New Yorker), the trail followed by Newsweek led to a 64-year-old Japanese-American man whose name really is Satoshi Nakamoto. He is someone with a penchant for collecting model trains and a career shrouded in secrecy, having done classified work for major corporations and the U.S. military.

Standing before me, eyes downcast, appeared to be the father of Bitcoin. Not even his family knew.
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Was this the real Nakamoto? The world may never know.

 

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