The cover of this week’s edition of Newsweek reported to have located mysterious Bitcoin creator Satoshi Nakamoto. Far from hiding, the 64-year-old Nakamoto, who goes by the name Dorian S. Nakamoto, was living with his elderly mother in Temple City, California. The story, while built from circumstantial evidence, made a compelling case that this was the Satoshi Nakamoto. A particularly telling moment came when the man reporter Leah McGrath Goodman claimed was the father of cryptocurrency said:
“I am no longer involved in that and I cannot discuss it. It’s been turned over to other people. They are in charge of it now. I no longer have any connection.”
Nakamoto said he is a native of Beppu, Japan who came to the U.S. when he was 10. He speaks both English and Japanese, but his English isn’t flawless. Asked if he said the quote, Nakamoto responded, “no.”
“I’m saying I’m no longer in engineering. That’s it,” he said of the exchange. “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 said.
In an exclusive two-hour interview with The Associated Press Dorian Satoshi Nakamoto, the man who might be Bitcoin’s creator., 64, said he had never heard of Bitcoin until his son told him he had been contacted by a reporter three weeks ago. … Reached at his home in Temple City, Calif., Nakamoto acknowledged that many of the details in Newsweek‘s report are correct, including that he once worked for a defense contractor. But he strongly disputes the magazine’s assertion that he is “the face behind Bitcoin.”
For her part, Goodman isn’t buying the denial. She responded to the AP story by saying:
“I stand completely by my exchange with Mr. Nakamoto. There was no confusion whatsoever about the context of our conversation — and his acknowledgment of his involvement in Bitcoin.”
Here’s a video of Dorian Nakamoto talking with AP reporters.
While it’s certainly possible that Newseek‘s Nakamoto is actually the man behind Bitcoin and actively misleading the press, many people in the Bitcoin community are not convinced. Dorian Satoshi’s denial is once again fueling rumors that Bitcoin’s Satoshi Nakamoto may not actually be a real person, but rather a pen name for a person or persons behind the creation of the virtual currency. More details as the situation develops.
As the software underpinning the bitcoin network, Bitcoin Core is admittedly great at a lot of things. It allows millions of machines to make countless transactions in a never-before-seen way. As a reference client, clearly defining the protocol and acting as the highest standard for how bitcoin truly works, it has no equal. That doesn’t…
One of the main hard forks in the history of Bitcoin named Segwit2X, will be released on December 28th, 2017 on the block 501451. It was expected to occur in mid-November, but the date was redefined. Still, futures trading has started and is still conducted at numerous exchanges at a price about 0.04 BTC (HitBTC)….
It probably won’t surprise many people that the man behind Get Rich or Die Tryin’ has his eye on bitcoin. Best known in the mainstream as a Grammy-winning rapper with over 30 million album sales to his name, Curtis “50 Cent” Jackson is almost equally famous in the investment world for a series of shrewd…
Reddit user “jratcliff63367” recently posed an interesting question: What if you had invested $36,600 in bitcoin over the last year at a rate of $100 per day? What would the result of this dollar-cost-averaging approach? His answer was a total of 203 BTC bought over the year, with a profit of $67,119. That’s a whopping…
For the last two weeks, the bitcoin community has been abuzz about the auction of nearly 30,000 BTC by the U.S. Marshal Service. The bitcoin, seized last October from the now-defunct Silk Road marketplace, is being offered in 10 blocks. The “Dutch”-style auction is built around sealed-envelope system, removing most of the human drama from…
It’s hardly surprising that when Atlanta-based bitcoin payment processor BitPay decided it was time to spend a little money on awareness-raising sponsorship deals, they would start in their own backyard. The company announced yesterday that it had entered into a sponsorship deal with the Georgia Institute of Technology’s Athletic Association, aiming to bring bitcoin awareness…