When people meet companies like Tesla or SpaceX, they think that the owner is Elon Musk; but the reality is that there are many shareholders behind it. If we talk about Bitcoin, there is no person behind this cryptocurrency, and it is not a company that can belong to someone specifically. This cryptocurrency was created to be decentralized so that no one could manipulate it at their convenience.
However, the founder of Bitcoin is a mystery, and only the pseudonym "Satoshi Nakamoto" is known. We don't know if he was a single person or a whole team tired of the abuses of different governments that made people poorer with high inflation rates.
Are you interested in knowing a little more about the creator of Bitcoin? In that case, we recommend that you continue reading and learn a little more about this intriguing story with us.
Why did Satoshi Nakamoto create Bitcoin?
In the middle of 2008, a person with the pseudonym “Satoshi Nakamoto” created the Bitcoin White Paper as a project and sent it to various cryptographers worldwide to invite them to participate. In 2009, he released the first version of Bitcoin, and other developers helped him run this great project.
At the core of Bitcoin, it was created to regain control of the world economy from the elites and for ordinary people to start actively participating in a fairer and more decentralized financial market. The world's governments have not liked this, but it has been accepted in several countries as a payment method.
A bank or a government cannot set the price of Bitcoin, but the market gives it its value by supply and demand. On the other hand, Bitcoin was born as a solution so that international trade could be much more fluid without intermediary banks that charge high commissions.
The true identity of Satoshi Nakamoto
Many journalists, newspapers, researchers, and governments have tried to describe who Satoshi Nakamoto is, but they were never successful. However, certain people have suspicions about the creation of the Blockchain and the first years in which Bitcoin became famous. The main suspects of the creator of Bitcoin are:
- Dorian Nakamoto: A journalist accused Dorian Nakamoto because of Satoshi
Nakamoto's similarities and the mathematics facilities. However, Dorian
adamantly denied having anything to do with Bitcoin and its invention. - Craig Wright: This person is an Australian man who claimed to be Satoshi
Nakamoto and had evidence to confirm it. Sometime later, people
discovered that the evidence was suspicious, and Craig Wright did not
discuss the case further. - Hal Finney: This computer scientist and cryptography expert helped
Satoshi Nakamoto with coding the first version of the Bitcoin source
code. Furthermore, this person received the first Bitcoin transaction in
the world, which came from Nakamoto himself. However, Finney denied all
the accusations and showed strong evidence that he was not Satoshi
Nakamoto. - Nick Szabo: This person is an expert in cryptography and a computer
engineer and has many similarities with the way Satoshi Nakamoto writes
when he writes on his forums. However, Nick Szabo denied any accusation.
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