‘Satoshi Nakamoto’ Just Posted. WTF Is Going On?

The Mystery of Satoshi Nakamoto: The Recent Twitter Activity Raises Questions

One of the greatest mysteries in the tech world is the identity of Satoshi Nakamoto, the pseudonymous founder of Bitcoin. Despite the popularity of cryptocurrencies over the past decade, no one has been able to uncover Nakamoto’s true identity. So, when a Twitter account claiming to be Satoshi Nakamoto, with the handle @Satoshi, posted a tweet earlier this week, it caused quite a stir.

The tweet read, “Bitcoin is a predicate machine. Over the following months, we shall explore different aspects that were not explicitly contained within the white paper” (source). This tweet gained widespread attention and has since been retweeted over 8,000 times and received over 18,000 likes. However, as is typical in the world of crypto and its elusive creator, things are far from straightforward. In fact, it is highly unlikely that the tweet came from the real Satoshi Nakamoto, and the potential identity of the person behind the tweet is another intricate puzzle.

Almost immediately, the @Satoshi tweet sparked speculations that it was written by Craig Wright, an Australian man who has persistently claimed to be the real Satoshi Nakamoto. Despite lacking concrete evidence, Wright has continued to assert that he is the creator of Bitcoin and has built business ventures around this claim. However, his assertions have been met with skepticism and debunked by various sources over the years (source).

It is currently impossible to definitively establish whether Wright wrote the @Satoshi tweet. However, there is a Twitter user named Andy Rowe, who has long maintained that he is associated with both the @Satoshi handle and with Wright. In a tweet in 2022, Rowe claimed, “On the ten year anniversary of the #Bitcoin white paper I tweeted it out in its entirety from the @satoshi handle on @Dr_CSWright’s behalf” (source). His Twitter bio currently states, “@Dr_CSWright is @satoshi,” and his timeline contains many Wright quotes and expressions of support for him and his claim to be Satoshi Nakamoto.

When approached for comment, Rowe merely shared a tweet in the aftermath of the @Satoshi account’s post, expressing pride in his role in 2018 and stating that he was honored to have shared the white paper on its tenth anniversary (source). Additionally, Christen Ager-Hanssen, the former CEO of Wright’s blockchain company nChain, stated in a tweet that “@Satoshi account has been taken over by Craig” and was previously owned by Rowe. Ager-Hanssen also posted an alleged internal email from an nChain executive suggesting that Wright is likely to lose ongoing legal battles related to his claim of being Nakamoto (source).

The legal battles surrounding Wright’s claim have been numerous and complex. In one UK case, Wright sued a Bitcoin pundit for libel, resulting in him being awarded nominal damages of $1.26 due to what the court deemed his “lies and deception” (source). In another convoluted US lawsuit, the estate of a deceased programmer who had a business relationship with Wright sued him for Nakamoto’s untouched hoard of bitcoins. Although the jury sided with Wright on many counts, they still ordered him to pay over $100 million for intellectual property theft (source).

Given the conflicting evidence and unanswered questions, it remains uncertain if Wright authored the @Satoshi account’s recent tweet. There are additional factors to consider, such as the account’s paid verification on Twitter, which involves the use of a credit card. It seems implausible that the real Satoshi Nakamoto, if they are even alive, would willingly expose their identity by using traditional financial systems such as credit cards (source).

As of now, nChain has yet to respond to requests for comment. In a blog post, the company stated that it would review materials documenting Ager-Hanssen’s concerns before commenting on the matter (source).

The enigma of Satoshi Nakamoto continues to fascinate the tech and crypto communities. Although the recent tweet from the @Satoshi account has reignited speculation and debate, the search for the true identity of Nakamoto remains elusive. Whether or not the tweet was written by Wright or someone else, it underscores the enduring mystery surrounding Bitcoin’s enigmatic founder.

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