28
Apr

Who Invented Bitcoin Currency?

The Bitcoin invention was published as a paper on The Cryptography Mailing List in 2008 under the name Satoshi Nakamoto. The following year, the first release of Bitcoin software and the first actual Bitcoins were made available. But it turns out that Satoshi Nakamoto was just a pen name. So who really invented Bitcoin?

Who Invented Bitcoin Currency

The mysterious inventor of Bitcoins

Satoshi Nakamoto’s public profile on the P2P Foundation website states that he is a Japanese male, age 37 in 2012. However, there is a large body of evidence suggesting that he is not Japanese, and that he may not even be a single person.

Several experts have argued that the source code for Bitcoin software is too well-written to have been done by a single person. Furthermore, posts and publications written under the official account of Satoshi Nakamoto has been reported to change between American and British spelling conventions, suggesting that Nakamoto is really more than one person.

Many doubt that the inventor or inventors of Bitcoin are actually Japanese; this is because the original invention was published in English only, and the software itself was not documented or labeled in Japanese.
Furthermore, when the timestamps of all of Nakamoto’s 500+ forum posts on the subject of Bitcoin, activity was lowest from 12 am to 6am Eastern. Assuming the poster(s) has a conventional sleeping schedule, this most likely places Nakamoto in the mid- or eastern portion of North or South America.

Where is Satoshi Nakamoto today?

Although the identity of Nakamoto remains a mystery, we know that his known Bitcoin wallet address contains approximately 1 million BTC, roughly equivalent to $415 million. The inventor(s) of Bitcoin collaborated with other developers on the project for about a year and a half before handing the reigns to Gavin Andresen in mid-2010. Since then, his involvement in Bitcoin has been minimal to nonexistent, at least to current knowledge.