{"id":3246,"date":"2021-12-29T22:02:39","date_gmt":"2021-12-29T22:02:39","guid":{"rendered":"http:\/\/egrowonline.com\/?p=3246"},"modified":"2021-12-29T22:02:39","modified_gmt":"2021-12-29T22:02:39","slug":"elon-musk-guesses-who-bitcoins-mysterious-creator-satoshi-nakamoto-might-be-currency-news-financial-and-business-news","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=3246","title":{"rendered":"Elon Musk guesses who bitcoin&#8217;s mysterious creator, Satoshi Nakamoto, might be | Currency News | Financial and Business News"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<figure><img decoding=\"async\" alt=\"GettyImages 1157175867\" class=\"img-responsive imported-news-entry-img\" src=\"https:\/\/images2.markets.businessinsider.com\/61cc17864710b10019c77240?format=jpeg\" \/><figcaption>Elon Musk.<\/p>\n<p class=\"copyright\">MARK RALSTON\/AFP via Getty Images<!-- sh_cad_1 --><\/p>\n<\/figcaption><\/figure>\n<ul class=\"summary-list\">\n<li>The secretive crypto expert Nick Szabo might be Satoshi Nakamoto, according to Elon Musk.<\/li>\n<li>&#8220;He seems to be the one more responsible for the ideas behind bitcoin than anyone else,&#8221; Musk said.<\/li>\n<li>Szabo has spoken publicly about the bitcoin&#8217;s history but has repeatedly denied that he is Nakamoto.<\/li>\n<li><a target=\"_blank\" href=\"https:\/\/newsletter.businessinsider.com\/join\/4np\/10-things-opening-bell?utm_medium=ingest%3Futm_source%3Dmarkets&amp;utm_medium=ingest%3Futm_source%3Dmarkets&amp;utm_medium=ingest&amp;utm_medium=ingest&amp;utm_medium=ingest&amp;utm_medium=ingest&amp;utm_medium=ingest&amp;utm_medium=ingest&amp;utm_medium=ingest&amp;utm_medium=ingest&amp;utm_medium=ingest&amp;utm_medium=ingest&amp;utm_medium=ingest&amp;utm_medium=ingest&amp;utm_medium=ingest&amp;utm_source=markets&amp;utm_source=markets&amp;utm_source=markets&amp;utm_source=markets&amp;utm_source=markets&amp;utm_source=markets&amp;utm_source=markets&amp;utm_source=markets&amp;utm_source=markets&amp;utm_source=markets&amp;utm_source=markets&amp;utm_source=markets&amp;utm_source=markets\" rel=\"noopener\"><strong>Sign up here for our daily newsletter, 10 Things Before the Opening Bell<\/strong><\/a><strong>.<\/strong><\/li>\n<\/ul>\n<p><!-- sh_cad_2 --><\/p>\n<p>Elon Musk seems to <a target=\"_blank\" href=\"https:\/\/www.businessinsider.com\/nick-szabo-ethereum-bitcoin-blockchain-history-satoshi-nakamoto-2015-11?utm_medium=ingest&amp;utm_source=markets\" rel=\"noopener\">agree with many<\/a> that the hypersecretive cryptocurrency expert Nick Szabo might be Satoshi Nakamoto, the mysterious creator of the digital currency <a target=\"_blank\" href=\"https:\/\/markets.businessinsider.com\/currencies\/btc-usd?utm_medium=ingest&amp;utm_source=markets\" rel=\"noopener\">bitcoin<\/a>.<!-- sh_cad_3 --><\/p>\n<p>&#8220;You can look at the evolution of ideas before the launch of bitcoin and see who wrote about those ideas,&#8221; Musk told the artificial-intelligence researcher Lex Fridman in a <a target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=DxREm3s1scA\" rel=\"noopener\">podcast<\/a> published Tuesday when asked what he thought about Nakamoto&#8217;s identity.<!-- sh_cad_4 --><\/p>\n<p>The Tesla billionaire said while he &#8220;obviously&#8221; didn&#8217;t know who created bitcoin, Szabo&#8217;s theories seemed fundamental to the creation of the leading cryptocurrency.<!-- sh_cad_5 --><\/p>\n<p>&#8220;It seems as though Nick Szabo is probably, more than anyone else, responsible for the evolution of those ideas,&#8221; he said. &#8220;He claims not to be Nakamoto, but I&#8217;m not sure that&#8217;s neither here nor there. But he seems to be the one more responsible for the ideas behind bitcoin than anyone else.&#8221;<!-- sh_cad_6 -->&#013;\n\t\t<\/p>\n<p>Bitcoin was first proposed in October 2008 by Satoshi Nakamoto, a pseudonym for who people believed could be one person or several people.\u00a0<!-- sh_cad_7 --><\/p>\n<p>In 2014, a team of linguistic researchers\u00a0<a target=\"_blank\" href=\"https:\/\/www.coindesk.com\/linguistic-researchers-name-nick-szabo-author-bitcoin-whitepaper\/\" data-analytics-module=\"body_link\" data-analytics-post-depth=\"60\" data-uri=\"15f160c5b2226f4adbf82192ef57d76b\" rel=\"noopener\">studied Nakamoto&#8217;s bitcoin whitepaper<\/a> alongside the writing of Szabo and 10 other possible creators. They found the results to be indisputable.<!-- sh_cad_8 --><\/p>\n<p>&#8220;The number of linguistic similarities between Szabo&#8217;s writing and the bitcoin whitepaper is uncanny,&#8221; the researchers said, adding: &#8220;None of the other possible authors were anywhere near as good of a match.&#8221;<!-- sh_cad_9 --><\/p>\n<p>A <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/2015\/05\/17\/business\/decoding-the-enigma-of-satoshi-nakamoto-and-the-birth-of-bitcoin.html\" rel=\"noopener\">2015 New York Times report<\/a> also pinned bitcoin&#8217;s invention on Szabo. He has spoken publicly about the history of bitcoin and blockchain technology, but he&#8217;s repeatedly <a target=\"_blank\" href=\"https:\/\/twitter.com\/nickszabo4\/status\/485970285254815745\" rel=\"noopener\">denied claims<\/a> that he&#8217;s the anonymous inventor behind the digital asset. Another reason he&#8217;s linked to bitcoin is his creation of the &#8220;bit gold&#8221; cryptocurrency in <a target=\"_blank\" href=\"https:\/\/www.cpajournal.com\/2021\/12\/13\/icymi-an-introduction-to-blockchain\/\" rel=\"noopener\">1998<\/a>.<!-- sh_cad_10 --><\/p>\n<p>Musk indicated he didn&#8217;t think there was much significance behind the identity of bitcoin&#8217;s creator: &#8220;What is a name anyway? It&#8217;s a name attached to an idea. What does it even mean, really?&#8221;<!-- sh_cad_11 -->&#013;\n\t\t<\/p>\n<p>Backing his thought, he quoted William Shakespeare to say: &#8220;A rose by any other name would smell as sweet.&#8221;<!-- sh_cad_12 --><\/p>\n<p><em><strong>Read more:<\/strong> <a target=\"_blank\" href=\"https:\/\/www.businessinsider.com\/free-crypto-airdrops-experts-risks-rewards-defi-dydx-ens-paraswap-2021-11?utm_medium=ingest&amp;utm_source=markets\" data-analytics-position=\"2\" rel=\"noopener\">4 crypto experts break down the red-hot trend of cryptocurrency airdrops \u2014 and share the potential risks and rewards as more tokenless protocols seize on the rush to reward early adopters<\/a><\/em><!-- sh_cad_13 --><\/p>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/markets.businessinsider.com\/news\/currencies\/elon-musk-bitcoin-satoshi-nakamoto-creator-cryptocurrency-history-2021-12\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Elon Musk. MARK RALSTON\/AFP via Getty Images The secretive crypto expert Nick Szabo might be Satoshi Nakamoto, according to Elon Musk. &#8220;He seems to be the one more responsible for the ideas behind bitcoin than anyone else,&#8221; Musk said. Szabo has spoken publicly about the bitcoin&#8217;s history but has repeatedly denied that he is Nakamoto. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3247,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[37],"tags":[1093,17,1297,246,589,1053,2716,590,2717,1602,111,1601],"class_list":["post-3246","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-bitcoins","tag-business","tag-creator","tag-currency","tag-elon","tag-financial","tag-guesses","tag-musk","tag-mysterious","tag-nakamoto","tag-news","tag-satoshi"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2021\/12\/61cc17864710b10019c77240.webp","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/3246","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3246"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/3246\/revisions"}],"predecessor-version":[{"id":3248,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/3246\/revisions\/3248"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/3247"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3246"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3246"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3246"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}