Press Stakes Satoshi Nakamoto in California, Turns Out He Never Created Bitcoin



Over the breadth of 2 months, a reporter at Newsweek tried to connect the foundations of Bitcoin to one particular face. The original specifications for the Bitcoin system were published in 2009 under the pseudonym Satoshi Nakamoto. Someone at Newsweek latched on to that name and the fact that Bitcoin draws from mathematical and computer science concepts. The chase led them to Los Angeles County where they found Dorian Prentice Satoshi Nakamoto. Despite the unfounded claims, Mr. Nakamoto’s personal details were still published on the internet amounting to privacy violation.

Mr. Nakamoto only agreed to speak to an AP reporter “for the free lunch” and even at this interview he is still a dead end if anyone is looking for the Bitcoin creator. Upon defining the Bitcoin system, the pseudonymous Satoshi Nakamoto awarded himself a few coins. And although he ceased to be involved with the project since 2010, the current value of his coins is now $400 million and what more the blockchain shows they have never been transferred.