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Who is Satoshi Nakamoto?

In today’s date, there is hardly anyone who is not aware of Bitcoin. Since the inception of Bitcoin in the year 2009, it has taken the global trading system by storm and broke all the primary traditional concept of trading and exchange of funds. A brand new concept of peer to peer transaction via an…

GS
Gayatry Sharma V · 2 min read
Who is this Satoshi Nakamoto

Who is this Satoshi Nakamoto

In today’s date, there is hardly anyone who is not aware of Bitcoin. Since the inception of Bitcoin in the year 2009, it has taken the global trading system by storm and broke all the primary traditional concept of trading and exchange of funds. A brand new concept of peer to peer transaction via an electronic cash system thus came into existence opening up a different new horizon of trading that marked a new beginning altogether.

Now all the credit for this invention of digitalizing currency goes to an unknown man named Mr. Satoshi Nakamoto whose identity is still in question and raises certain doubts regarding his true and proper existence globally.

Who is this Satoshi Nakamoto?

There has been much speculation regarding the true identity of this Japanese man which leads to a whole lot of argument and debate. Now according to the data obtained from various sources, there are two distinct groups divided by their opening regarding these individuals. One group of individuals believes that Satoshi Nakamoto is the name used by the unknown person or people who are engaged in developing Bitcoin.

They have authored the Bitcoin white paper and developed and deployed the whole system with implementation. It is also stated that they are the ones who also have first invented and implemented the Blockchain system. The other group of people in addition to P2P foundation profile believes that Mr. Nakamoto is a Japanese man who was born on 5 April 1975 has invented and coined the Bitcoin system and currently living in the United States of America and to various European countries.

Now if we dig deep in order to try to find out the real meaning behind the name of the inventor we will find out that “Satoshi” is usually a name given for baby boys in Japan. It literally means “clear thinking” and “now who is quick, witty and wise”, whereas the surname Nakamoto which is also of a Japanese origin stands for “central origin or one who lives in the middle”. Thus one can conclude that the name is very deliberately used in order to keep one’s identity a top secret and enabling the person to work in disguise.

How much does Mr. Nakamoto worth?

Although his identity remains in complete darkness and raises hundreds of questions at times, if we consider Mr. Nakamoto as an individual then in today’s date he would certainly be one of the richest persons in the globe estimating around $19.4 billion of worth which makes him the 44th richest person in the world according to stats.

As the true identity of Mr. Nakamoto still remains a mystery which involves a wide range of speculations, argument, and fact-finding there is no mystery hidden to the fact that Bitcoin today is a globally accepted cryptocurrency and is gaining its popularity day by day. Thus we remain to know about the true origin of Mr. Nakamoto and how he got the idea of Bitcoin.

GS
Written byGayatry Sharma V
Gayatry Sharma V covers business software for small companies at TheTechHacker: HR and payroll, accounting and invoicing, CRM, help desk, scheduling and other tools owners pay for per seat. She holds an MBA and writes from the buyer's side, with a focus on pricing, contracts and the admin work each tool adds or removes.

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Who is Satoshi Nakamoto?