Bitcoin Creator: Who is the Real Satoshi?

Bitcoin Creator: Who is the Real Satoshi?

Satoshi Nakamoto. He/she/they or zir is a mystery wrapped in an enigma shrouded in rumor, conjecture and conspiracy. Wrap all that in some bacon and you’ve got one heck of a tasty Bitcoin treat!

So who is Satoshi Nakamoto? Today Travis NotaJoelo collectively examine the different theories surrounding the Patron Saint of Bitcoin, and we come to some inconclusive conclusions.

And we’re going on the road again. This time we are heading to the beautiful island of Bali, and we will tell you how you might be able to join us for an exclusive crypto mastermind with some of the most creative and top minds in the business.

Are you Satoshi? You might be and not even know it. Let’s find out on episode #294 of The Bad Crypto Podcast.

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This Episode is Sponsored by: DIVI

Divi is a cryptocurrency app that makes it easy to earn, transact, and store cryptocurrency. Divi is the first cryptocurrency ecosystem powered by masternodes that can be installed in one click. With Divi's MOCCI (Masternode One-Click Cloud Installer), users can begin earning cryptocurrency at the click of a button, without the arduous setup process. The network's Smart Wallet enables users to easily store and transact their earned cryptocurrency with the luxury of a simple, intuitive interface. Divi was created by The Divi Project: a team committed to reducing the friction tax of cryptocurrency through UX and UI.

Feature: Who is Satoshi Nakamoto?

Satoshi Nakamoto – Everipedia 


The NSA was one of the first organizations to describe a Bitcoin-like system. About twelve years before Satoshi Nakamoto published his legendary white paper to the cryptography mailing list, a group of NSA information security researchers published a paper entitled How to Make a Mint: the Cryptography of Anonymous Electronic Cash in two prominent places, the first being an MIT mailing list and the second being much more prominent, The American Law Review (Vol. 46, Issue 4 ).

John McAfee Vows to Unmask Crypto’s Satoshi Nakamoto, Then Backs Off

Nick Szabo

In December 2013, a blogger named Skye Grey linked Nick Szabo to the Bitcoin whitepaper using a stylometric analysis. [Szabo is a decentralized currency enthusiast and published a paper on “bit gold”, which is considered a precursor to bitcoin. He is known to have been interested in using pseudonyms in the 1990s. In a May 2011 article, Szabo stated about the bitcoin creator: “Myself, Wei Dai, and Hal Finney were the only people I know of who liked the idea (or in Dai’s case his related idea) enough to pursue it to any significant extent until Nakamoto (assuming Nakamoto is not really Finney or Dai).” 

Detailed research by financial author Dominic Frisby provides much circumstantial evidence but, as he admits, no proof that Satoshi is Szabo.  Speaking on RT’s The Keiser Report , he said “I’ve concluded there is only one person in the whole world that has the sheer breadth but also the specificity of knowledge and it is this chap…”. But Szabo has denied being Satoshi. In a July 2014 email to Frisby, he said: ‘Thanks for letting me know. I’m afraid you got it wrong doxing me as Satoshi, but I’m used to it’. Nathaniel Popper wrote in the New York Times that “the most convincing evidence pointed to a reclusive American man of Hungarian descent named Nick Szabo.”

Dorian Nakamoto

In a high-profile 6 March 2014, article in the magazine Newsweek , journalist Leah McGrath Goodman identified Dorian Prentice Satoshi Nakamoto, a Japanese American man living in California, whose birth name is Satoshi Nakamoto, as the Nakamoto in question. Besides his name, Goodman pointed to a number of facts that circumstantially suggested he was the bitcoin inventor.  Trained as a physicist at Cal Poly University in Pomona, Nakamoto worked as a systems engineer on classified defense projects and computer engineer for technology and financial information services companies. Nakamoto was laid off twice in the early 1990s and turned libertarian, according to his daughter, and encouraged her to start her own business “not under the government’s thumb.” In the article’s seemingly biggest piece of evidence, Goodman wrote that when she asked him about bitcoin during a brief in-person interview, Nakamoto seemed to confirm his identity as the bitcoin founder by stating: “I am no longer involved in that and I cannot discuss it. It’s been turned over to other people. They are in charge of it now. I no longer have any connection.” The article’s publication led to a flurry of media interest, including reporters camping out near Dorian Nakamoto’s house and briefly chasing him by car when he drove to an interview.  However, during the subsequent full-length interview, Dorian Nakamoto denied all connection to bitcoin, saying he had never heard of the currency before, and that he had misinterpreted Goodman’s question as being about his previous work for military contractors, much of which was classified.  In a reddit “ask-me-anything” interview, he claimed he had misinterpreted Goodman’s question as being related to his work for Citibank. Later that day, the pseudonymous Nakamoto’s P2P Foundation account posted its first message in five years, stating: “I am not Dorian Nakamoto.”  However, it is generally believed that Nakamoto’s P2P Foundation account had been hacked, and the message was not sent by him. 

Hal Finney

Hal Finney (4 May 1956 – 28 August 2014) was a pre-bitcoin cryptographic pioneer and the first person (other than Nakamoto himself) to use the software, file bug reports, and make improvements. He also lived a few blocks from Dorian Nakamoto’s family home, according to Forbes journalist Andy Greenberg. Greenberg asked the writing analysis consultancy Juola & Associates to compare a sample of Finney’s writing to Satoshi Nakamoto’s, and they found that it was the closest resemblance they had yet come across (including the candidates suggested by Newsweek, Fast Company, The New Yorker, Ted Nelson and Skye Grey). Greenberg theorized that Finney may have been a ghostwriter on behalf of Nakamoto, or that he simply used his neighbor Dorian’s identity as a “drop” or “patsy whose personal information is used to hide online exploits”. However, after meeting Finney, seeing the emails between him and Nakamoto, his bitcoin wallet’s history including the very first bitcoin transaction (from Nakamoto to him, which he forgot to pay back) and hearing his denial, Greenberg concluded Finney was telling the truth. Juola & Associates also found that Nakamoto’s emails to Finney more closely resemble Nakamoto’s other writings than Finney’s do. Finney’s fellow extropian and sometimes co-blogger Robin Hanson assigned a subjective probability of “at least” 15% that “Hal was more involved than he’s said”, before further evidence suggested that was not the case. 

Craig Steven Wright

On 8 December 2015, Wired wrote that Craig Steven Wright, an Australian former academic, “either invented bitcoin or is a brilliant hoaxer who very badly wants us to believe he did”. Craig Wright took down his Twitter account and neither he nor his ex-wife responded to press inquiries. The same day, Gizmodo published a story with evidence obtained by a hacker who supposedly broke into Wright’s email accounts, claiming that Satoshi Nakamoto was a joint pseudonym for Craig Steven Wright and computer forensics analyst David Kleiman, who died in 2013. A number of prominent bitcoin promoters remained unconvinced by the reports. Subsequent reports also raised the possibility that the evidence provided was an elaborate hoax, which Wired acknowledged “cast doubt” on their suggestion that Wright was Nakamoto.

On 9 December, only hours after Wired claimed Wright was Nakamoto, Wright’s home in Gordon, New South Wales was raided by at least ten police officers. His business premises in Ryde, New South Wales were also searched by police. The Australian Federal Police stated they conducted searches to assist the Australian Taxation Office and that “This matter is unrelated to recent media reporting regarding the digital currency bitcoin.” According to a document released by Gizmodo alleged to be a transcript of a meeting between Wright and the ATO, he had been involved in a taxation dispute with them for several years.

On 2 May 2016, Craig Wright posted on his blog publicly claiming to be Satoshi Nakamoto. In articles released on the same day, journalists from the BBC and The Economist stated that they saw Wright signing a message using the private key associated with the first bitcoin transaction. Wright’s claim was supported by Jon Matonis (former director of the Bitcoin Foundation) and bitcoin developer Gavin Andresen, both of whom met Wright and witnessed a similar signing demonstration. 

However, bitcoin developer Peter Todd said that Wright’s blog post, which appeared to contain cryptographic proof, actually contained nothing of the sort. The Bitcoin Core project released a statement on Twitter saying “There is currently no publicly available cryptographic proof that anyone in particular is Bitcoin’s creator.”  Bitcoin developer Jeff Garzik agreed that evidence publicly provided by Wright does not prove anything, and security researcher Dan Kaminsky concluded Wright’s claim was “intentional scammery”. 

On 4 May 2016, Wright made another post on his blog promising to publish “a series of pieces that will lay the foundations for this extraordinary claim”. But the following day, he deleted all his blog posts and replaced them with a notice entitled “I’m Sorry”, which read in part:

I believed that I could put the years of anonymity and hiding behind me. But, as the events of this week unfolded and I prepared to publish the proof of access to the earliest keys, I broke. I do not have the courage. I cannot. 

In June 2016, the London Review of Books published an article by Andrew O’Hagan about the events, based on discussions with Wright and many of the other people involved in claiming the identity of Satoshi. It also reveals that the Canadian company nTrust was behind Wright’s claim made in May 2016.

Paul ‘Solotshi’ Le Roux

Other possibilities

In a 2011 article in The New Yorker, Joshua Davis claimed to have narrowed down the identity of Nakamoto to a number of possible individuals, including the Finnish economic sociologist Dr. Vili Lehdonvirta and Irish student Michael Clear, then a graduate student in cryptography at Trinity College Dublin. Clear strongly denied he was Nakamoto, as did Lehdonvirta. 

In October 2011, writing for Fast Company , investigative journalist Adam Penenberg cited circumstantial evidence suggesting Neal King, Vladimir Oksman and Charles Bry could be Nakamoto. They jointly filed a patent application that contained the phrase “computationally impractical to reverse” in 2008, which was also used in the bitcoin white paper by Nakamoto. The domain name was registered three days after the patent was filed. All three men denied being Nakamoto when contacted by Penenberg. 

In May 2013, Ted Nelson speculated that Nakamoto is really Japanese mathematician Shinichi Mochizuki. Later, an article was published in The Age newspaper that claimed that Mochizuki denied these speculations, but without attributing a source for the denial. 

A 2013 article, in Vice listed Gavin Andresen, Jed McCaleb, or a government agency as possible candidates to be Nakamoto. Dustin D. Trammell, a Texas-based security researcher, was suggested as Nakamoto, but he publicly denied it. 

In 2013, two Israeli mathematicians, Dorit Ron and Adi Shamir, published a paper claiming a link between Nakamoto and Ross William Ulbricht. The two based their suspicion on an analysis of the network of bitcoin transactions, but later retracted their claim. 

Some considered Nakamoto might be a team of people; Dan Kaminsky, a security researcher who read the bitcoin code, said that Nakamoto could either be a “team of people” or a “genius”; Laszlo Hanyecz, a former bitcoin core developer who had emailed Nakamoto, had the feeling the code was too well designed for one person.

A 2017 article, published on the website CryptoCoinsNews espoused the possibility of SpaceX and Tesla CEO Elon Musk being the real Satoshi, as bitcoin was written by someone with a mastery of C++, a language heavily used at SpaceX. However, it also points to sometimes negative comments by Musk towards bitcoin as well as personal struggles Musk was going through around the time bitcoin emerged.

Feature: Emil Sterndorff

Emil Sterndorff is a young but seasoned entrepreneur, experienced networker and negotiator. He loves the human psychology behind how we all act and thrive in the world to become the best version of ourselves, and in his studies on personal development, among other things, I simplified and solved the happiness equation. On the side of his main business, Altcoin Magazine, Emil advises various startups on leadership, product development, and on the art of building the most powerful business relationships possible.

1: Publication:

2: Mastermind:





The Satoshi Manifesto

The Satoshi Manifesto

The Satoshi Manifesto

Imagine this. You are two teachers who go down the crypto rabbit hole. You are sucked into the world of blockchain and digital currency. And you want to tell others about it. But you want to stay anonymous, just like Satoshi. Johnny Crypto and the “P” have written a book called “The Satoshi Manifesto” and they are here to share their story, and their new book, with us today.

Then we go from the “P” to the JP. Joff Paradise of Cryptomatic ATM joins us again to discuss how to keep your crypto safe. 

We’re not anonymous. We’re the crypto clowns and we’re here to take the next step of this journey with you for episode #444 of The Bad Crypto Podcast.

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Show Sponsors

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Johnny Crypto & The P are just two average American men who found themselves swept up in the crypto madness and lost while trying to navigate social media attempted to figure it all out. The frustration turned to intrigue then inspiration. The inspiration to write this book to help others like them entering the space more easily see the way. What started as a weekly lunch date conversation about digital gold quickly became an obsession and now a book; The Satoshi Manifesto. 

Grab the Satoshi Manifesto Here!

Twitter: @SatoshiManifest

Founder of CryptoMaticATM and

Joff has been a successful business entrepreneur for over 40 years and founding member of cryptocurrency affiliate platforms, and ParadiseKids foundation – all of which drive his passion for the future possibilities of cryptocurrency.  Joff spends the majority of his time traveling the world to enlighten others about the possibilities to improve personal financial positions.



Satoshi Mined 1 Million Bitcoin with a PC – Bad News For Thursday, Aug 27th

Satoshi Mined 1 Million Bitcoin with a PC – Bad News For Thursday, Aug 27th

Satoshi Mined 1 Million Bitcoin with a PC – Bad News For Thursday, Aug 27th

With Bitcoin currently in the low $11,000s range, many are suggesting an end-of-month spike is in-sight. The Internal Revenue Service is going to be direct about asking if US Citizens have invested in cryptocurrency. And a mining simulation projects that Satoshi mined over 1 million Bitcoin using nothing more than a PC computer. 

Mr. Travis Wright is somewhere in Albania, and for perhaps only the second time in three years, he isn’t with us today. But jumping in for the ride today is our Producer, Erin Cell. I mean, she puts the news together for us. So certainly she’s just as qualified as we are to discuss it. 

Bitcoin was down a bit this week, stopping just above $11,000. That increase in volatility is only to be expected, say some experts, as we approach the end of some BTC futures and options contracts. Other contributors to increased volatility include Bitcoin’s long period of consolidation and a key resistance level.

But what happens next? World leaders have been discussing the role of cryptocurrencies during The Great Reset, the time that will follow the end of the pandemic and the reopening of world economies. As some leaders look for a new kind of capitalism, the cryptocurrency industry is hoping for more decentralization and greater personal control.

That will require a greater uptake of cryptocurrencies. Investment firm Bitcoin Capital is trying to do its bit. The company is rolling out an exchange-traded product that can allocate funds to up to fifteen digital coins. altFins is trying to help too. The cloud-based platform is releasing an app to enable investing across multiple exchanges. The move should make trading more mature.

And even the SEC is trying to help, at least indirectly. The commission has changed its definition of an “accredited investor” to include “professional certifications, designations or credentials, or other credentials issued by an accredited educational institution.” Previously, the designation requires a million dollars in net worth or a stable income of at least $200,000 a year. The new designation might help crypto traders.

It’s possible, though, that lots of Americans have already used cryptocurrencies. The new IRS forms should make that clear. The income tax forms for 2020 will ask Americans whether they received, sold, sent, exchanged, or acquired “any financial interest in any virtual currency?” When the IRS takes crypto seriously, you know it’s arrived.

The moves to broaden the use of cryptocurrencies might be too late though. Chris Larsen, co-founder and chairman at Ripple, has warned that US regulation is causing it to lose the technological Cold War. China’s digital currency, he says, could replace the US dollar as the world’s reserve currency.

Meanwhile, other countries are already moving forward. Canadian restaurant chain Tahini’s has decided to convert all of its cash reserves into Bitcoin. And in India, the crypto peer-to-peer market has tripled since the beginning of the year. No wonder Binance has launched a new hackathon in the country and is setting up an accelerator for the country’s decentralized finance ecosystem.

It’s not all good news, though. Inner Mongolian miners are going to have to do without cheap electricity.

In better news, Deepak Chopra has been talking about using the blockchain to help fight mental health problems caused by Covid-19. And an interesting simulation has found the Satoshi Nakamoto used a single PC to mine 1.1 million Bitcoins. That was a different era.

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Join us for NFTDay — August 28th!


This episode is sponsored by: MOBIE Money has existed for thousands of years progressing from shells to precious metals and minted coins to paper money. But the transfer of modern money is slow and expensive for both merchants and consumers — particularly across borders. Now payments are going mobile. That’s why the MobiePay™ ecosystem consists of three core applications that let users spend or send money and digital currency worldwide from their mobile phone in seconds — even if they don’t have a bank account. Mobie supports cashback programs on purchases with MobieCoin™ as an integrated reward and payment token connecting all fiat & major cryptocurrencies directly to the global retail marketplace — so everyone in the Mobie™ ecosystem is part of the world's most rewarding loyalty program.


Proof of Satoshi? Bad News for Friday, May 22nd

Proof of Satoshi? Bad News for Friday, May 22nd

Will we ever have Proof of Satoshi?

An extremely interesting transaction connected to one of the earliest Bitcoin wallets has got the crypto community scratching their heads. Was it Satoshi Nakamoto?

A mystery account has rescued $6 million in STEEM from Justin Sun’s rogue hard fork.

And Joe Rogan isn’t the only person leaving YouTube. A crypto YouTube is seeking to escape totalitarian tyranny by moving to Saipan.

We’ve also got news regarding the end of the Telegram battle with the SEC, along with a little help from our friend Josh Lawler.

We have gone so far down the NFT rabbit hole that we are spinning off a new LIVE show focused on the digital collectible space.

More about that. And a little about this. And perhaps a bit about that other thing. Oh, and Happy Bitcoin Pizza Day! Grab a slice and settle in for our Bad News episode #409 of The Bad Crypto Podcast.

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This episode is sponsored by: MOBIE Money has existed for thousands of years progressing from shells to precious metals and minted coins to paper money. But the transfer of modern money is slow and expensive for both merchants and consumers — particularly across borders. Now payments are going mobile. That’s why the MobiePay™ ecosystem consists of three core applications that let users spend or send money and digital currency worldwide from their mobile phone in seconds — even if they don’t have a bank account. Mobie supports cashback programs on purchases with MobieCoin™ as an integrated reward and payment token connecting all fiat & major cryptocurrencies directly to the global retail marketplace — so everyone in the Mobie™ ecosystem is part of the world's most rewarding loyalty program.


Bitcoin News:

Did Satoshi Nakamoto Just Move His Coins for the First Time in 11 Years?

Craig Wright Already Has Key to Encrypted ‘Satoshi’ File — Kleiman

Bitcoin Price Metrics Just Converged — A Bull Run Has Always Followed

No, ISIS Does Not Have $300M in a Bitcoin ‘War Chest’

Current Events: 

Mystery Account ‘Rescues’ $6M of STEEM From Hard Fork Seizure

BlockFi says it suffered a data breach, but no customer funds were lost

AT&T Loses Bid to Dismiss $1.8M Crypto Theft Lawsuit

Crypto YouTuber Moves to Saipan to Escape ‘Totalitarian Tyranny’

Around the World:

In Congress, a New Bill Asks for Mass Survey of Blockchain Technology in the US

Funny/Human Interest Stories: 

Crypto Twitter Fails to Explain Bitcoin to an Exhausted JK Rowling

@girlgone_crypto explains to JK Rowling

Winklevoss Biographer Writes Newest, BTC-Heavy Episode of ‘Billions’


Upland Announcement

The Nifty Show begins Friday, May 29th.  5 pm EST / 2 pm PST

Featuring: Zuber Lawler

Josh Lawler, Partner of Zuber Lawler

Josh Lawler is an equity partner at the law firm of Zuber Lawler & Del Duca LLP where he leads the New Technology Practice Group, focusing on novel issues presented by developing technology including Blockchain (distributed ledger), artificial intelligence, robotics, virtual/augmented reality and internet of things.

Josh has over twenty years of experience as a securities attorney with focuses on finance and mergers and acquisitions, as well as intellectual property development and licensing. 

Zuber Lawler 

If you’re seeking legal counsel with respect to blockchain securities and regulatory matters, including the issuance of tokens and digitized assets; as well as development, licensing, commercial use, acquisition, and disposition of all manner of intellectual property look no further than Zuber Lawler.


Could This Be Satoshi? An Interview with The Blue Wizard

Could This Be Satoshi? An Interview with The Blue Wizard

Could This Be Satoshi? An Interview with The Blue Wizard

Many people over the years have been suspected to be Satoshi Nakamoto, the creator of Bitcoin. Some who advertise that they are have been the punchline for many jokes while others have allowed suspicion to foster without making claims.

In this episode, we interview a whale in crypto space. If his claims are true, and we’ve no reason to believe they aren’t, he was there at the beginning. His voice is disguised to protect his identity, and whether or not he is Satoshi remains to be known. But what will be revealed today is how passionate this person is for freedom and decentralization.  Oh, and NFTs.  In fact, over the past month he has spent almost 1 million dollars in WAX on NFTs.

Have we got your attention? Get ready for an amazing hour of content as we welcome the whale known as The Blue Wizard to episode #479 of The Bad Crypto Podcast

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AnyTask.comThe AnyTaskTM Platform, a freelance marketplace, is the only place that allows freelancers to sell digital Tasks and earn ETN, Electroneum Ltd’s cryptocurrency; alleviating the need for a bank account and with no fees for Sellers.

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To find out more, check out LATTICE.EXCHANGE and join their fast-growing community on Telegram to get in the know!


Meet the Blue Wizard, he is a whale in the crypto and NFT world. 

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