On April 7, 2022, Paypal Billionaire Peter Thiel delivered the main speech at the Bitcoin’s annual conference in Miami. He jumped against the so -called Bitcoin enemies, such as Warren Buffett and Larry Funk, who he called “state extensions”.
Bitcoin’s true believers, unlike these corporate stooges, were not part of a company and had no board.
“We don’t know who Satoshi is,” Thiel told the crowd.
He was referring to Satoshi Nakamoto, the man who invented Bitcoin, and had become a “elusive figure that could or could not exist,” writes Benjamin Wallace in his book The Mutterious Mr. Nakamoto: A fifteen -year search to expose the secret genius behind the Cryptos “, released on March 18th.
In 2008, Nakamoto was just “the nameless coder of an experimental money that was of interest mainly for a fringe community,” writes Wallace.
When he first introduced Bitcoin, his market value was $ 0.00099, or a tenth of a cent.
But by 2022, it is pending about $ 42,000 for Bitcoin. The creation of Nakamoto had become “the ninth most valuable wealth in the world, just below Tesla and on meta,” writes Wallace.
But then in the spring of 2011, Nakamoto disappeared. He stopped communicating with the outside world.
He owns just over 1 million Bitcoin, worth $ 100 billion (at least), placing it in the first 20 countries of the richest people in the world. But as far as this article is concerned, he remains an unknown.
Why has nakamoto go to such lengths to avoid attention?
“Modern history of science has not provided any precedent for someone who conceived a revolutionary technology and brought it to the world without credit,” writes Wallace.
It is an interesting mystery in a world where the mysteries are quickly ceasing to exist. We have long known the identity of Bob Woodward’s “Deep Frot”, and Joe Klein, the “anonymous” author who marked “the main colors”, the scandalous story of Bill Clinton’s presidential campaign in 1992.
But Nakamoto had become somewhat “the mythical founder of a project with a $ 1 trillion market capitalization,” Wallace writes, despite no one had any data on who was or seemed.
Bitcoin was first presented on Halloween 2008, in a nine -page white letter entitled “Bitcoin: A System of Cereder -Magnificent Money, describing the Nakamoto model that was not based on the debt database and loans of a bank or government. At first, it was mainly embraced by programmers who believed that conventional currency needed an update.
Bitcoin “was immune to intervention by central powers,” Wallace writes. “Unlike gold rods, Bitcoin cannot be captured. Unlike a bank account, it cannot be heated. Unlike a national currency, it cannot be depreciated in the quarrel of a central bank or undergoing capital controls by a dictator. Unlike credit cards and bank wires, it does not include excessive tariffs.”
In time and Bitcoin was slowly embraced by the main stream, Nakamoto became almost as famous as its creation. In recent years, rapper Ye, once Kanye West, sports a baseball chapel named Nakamoto, a Bronze and Nakamoto statue was set up in Budapest, and Mrs. Satoshi, writes Cryptocurrency, recruited the settlers “for the first sovereign Bitcoin company,” writes Wallace. Some economists and technologists have argued that Nakamoto, despite being covered secretly, deserves a Nobel Prize.
Details on nakamoto are sketching at best. He claimed that they were Japanese on the online profiles, but none of his followers believe this. “His English was perfect, with the neat confidence of a local speaker,” writes Wallace. “He looked British, or at least from a Commonwealth country.”
Nakamoto also went to extreme lengths to hide his identity, from using a server by email manipulating the date and time sent to his e -mail, to avoiding personal questions from his closest associates.
There have been many theories. Some suspected that Nakamoto was actually Neal Stephenson, the novelist “Cryponomicon” whose predicted digital predicted. Or Julian Assange, the Australian founder of Wikileaks. Or even Elon Musk, who argued a spacex practitioner must be the Creator of Bitcoin because they both “spoke of the” order of size “of reasoning and used the word” bloody “.”
Bitcoin developer Gavin Andresen said “he did not think Nakamoto even had a background of computer science,” writes Wallace. “This made him think that Nakamoto could be a professor.” Gwern Branwen, a security researcher and dark analyst online, wrote that nakamoto “could be someone”.
Because Bitcoin was merely a smart accumulation of existing technologies, “Satoshi does not need credentials in cryptography, or be something other than a self-made programmer,” Branwen suggested.
Why did Nakamoto hide even hiding? Bitcoiners wondered if he had disappeared not to prosecute tax evasion, or to avoid criminals trying to steal his broad Bitcoin wealth. “The usual view was that he would act selfless,” Wallace writes. “The most diligent bitcoiners treated nakamotology as a kind of blasphemy, as if they were scientists who were asked about Xenu.”
It was also possible that nakamoto could be some people. After all, Bitcoin white paper had used “we” than “I.” Some noticed that Nakamoto’s name could be a portmanteau with names of major technology enterprises: Samsung, Toshiba, Nakamichi, Motorola. “So maybe a corporate booth was behind it,” Wallace writes.
Wallace traced many of the biggest suspects, and everyone denied being attractive genius. From amateur cryptography Wei Dai (“Satoshi is not me”, Dai provided the author) to bite the golden creator Nick Szabo (“[Nakamoto] He has made a great contribution to the world and as a return I want to respect his privacy, “Szabo told him) for Hal Finney, a Cifpunk diagnosed with ALS (” I wish I had created something just as potentially in the world.
But many in the Bitcoin community are good with the mystery. In fact, they enjoy it. At the first Bitcoin conference in New York in 2011, the hottest trade was a blouse that read “I’m Satoshi”. Bitcoin Creator’s identity and location “approached the conference,” Wallace writes. “Can he be here among us?”
Nakamoto’s anonymity is mainly seen as “a trait than a problem,” writes Wallace. “To be truly decentralized it was required that Bitcoin have a virgin birth. Depriving it from a human figure – a defective individual with a special identity that may be liked for this group, but not for it – gave up the best intention to deal with its conditions and was massively taken.”
Even to this day, the true nakamoto should not go ahead. And this is likely that the only way we will ever learn the truth. There is no treasure chest to detect by collecting the right data together.
“The closest one else could get theoretically would be if Nakamoto had made a mistake or trust someone,” Wallace writes. “But over the years, the tracks, if there were one, ever increased.”
This can be exactly as Nakamoto wants. Perhaps, writes Wallace, he has made it impossible to find it “by throwing his cars, his private keys and his passwords to email and never tell anyone his secret.”
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