• Adam Back, the CEO of Blockstream, has denied the rumors about him being Satoshi Nakamoto, the creator of Bitcoin. 
  • In Back’s opinion, leaving anonymous was the wisest thing that creator of Bitcoin did. 
  • Back wants the community to focus on Bitcoin’s future instead of wondering who Satoshi is.

Adam Back, the CEO of Blockstream, has officially denied the rumors about him being Satoshi Nakamoto, the creator of Bitcoin. Back is the inventor of hashcash (used in Bitcoin mining) and has a Ph.D. in Computer Science. He describes himself as a cypherpunk and a cryptographer. His immense expertise in the field puts him in a small group of individuals who could know or be Nakamoto.

A Twitter user @ggmesh alleged Adam Back of being the creator of Bitcoin. A part of his statement reads: 

It is inconceivable a man of your background would have ignored bitcoin for so many years (during an academic hiatus from 2005-10 when you moved to a tax haven). Unless you are its creator.

Back denied these accusations. According to him, all credible people have clarified that they’re not Nakamoto and the people pretending to be him are non-credible. In Back’s opinion, leaving anonymous was the wisest thing the creator did. 

Back believes that Bitcoin is better as a decentralized digital asset without a founder. “We are all Satoshi,” he added. He asked the community to focus on Bitcoin’s future instead of wondering who Satoshi is.


Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

Join Telegram

Recommended content


Recommended Content

Editors’ Picks

Ethena plans to leverage USDe to integrate DeFi, CeFi and traditional finance

Ethena plans to leverage USDe to integrate DeFi, CeFi and traditional finance

Ethena (ENA), a protocol developed on the Ethereum blockchain offering a synthetic stablecoin (USDe) that operates across various DeFi applications, announced on Friday that itsUSDe will integrate DeFi, CeFi and traditional finance as part of its 2024 roadmap. 

More Cryptocurrencies News

XRP hovers above $0.50 as Ripple joins alliance to simplify recovery of digital assets

XRP hovers above $0.50 as Ripple joins alliance to simplify recovery of digital assets

XRP trades around $0.5174 early on Friday, wiping out gains from earlier in the week, as Ripple announced it has joined an alliance to support digital asset recovery alongside Hedera and the Algorand Foundation. 

More Ripple News

Toncoin price surges as Notcoin gains attention across the crypto community

Toncoin price surges as Notcoin gains attention across the crypto community

TON saw a brief rally on Thursday following a recent announcement that Binance and OKX will launch Notcoin (NOT) as the newest token on the Binance launchpool and the OKX Jumpstart.

More Cryptocurrencies News

AI crypto coins rally ahead of ChatGPT creator OpenAI plans to announce Google search competitor on Monday

AI crypto coins rally ahead of ChatGPT creator OpenAI plans to announce Google search competitor on Monday

Barely before the hype around NVIDIA stock gain is over, AI crypto tokens have another bullish catalyst coming their way, which could provide more tailwinds to drive the price of the sector’s tokens.

More Cryptocurrencies News

Bitcoin: Should you buy BTC here? Premium

Bitcoin: Should you buy BTC here?

Bitcoin (BTC) price shows signs of a potential reversal but lacks confirmation, which has divided the investor community into two – those who are buying the dips and those who are expecting a further correction.

Read full analysis

BTC

ETH

XRP