Ode to Satoshi

Satoshi Nakamoto, the mysterious creator of bitcoin, has a lot of coins that remain unspent. What is he or she likely to do with them, and how might it affect the bitcoin universe? This article was inspired by a CoinDesk commenter, who worried that we don't know much about Satoshi's intentions. "That hoard gives him way, way, way too much potential influence and wealth," they said. Satoshi certainly has a lot of funds. Bitcoin security consultant Sergio Lerner's oft-cited analysis puts the figure at around 1m BTC, based on the early mining that he or she did. Most of those coins were....

A statue of Satoshi Nakamoto, the pseudonymous creator of Bitcoin, has been unveiled in Budapest, Hungary. “The statue is made of bronze, the face is made of a special bronze-aluminium composite, thus every visitor can see their own face when looking at Satoshi. We are all Satoshi.” Statue Representing ‘We Are All Satoshi’ in Honor of Bitcoin’s Creator A statue of bitcoin’s pseudonymous creator, Satoshi Nakamoto, was unveiled Thursday in the capital of Hungary, Budapest. It is located in Graphisoft Park. According to the initiative’s....

The recent Craig Wright-Satoshi Nakamoto debacle has spurred a new discussion as to what should happen with the coins mined by the mysterious Bitcoin creator. Theymos, the owner of BitcoinTalk, feels these coins should be destroyed to “prevent disastrous monetary inflation.” Bitcoin aficionados will know that, when Bitcoin was first launched, only....

This is a guest post by Derek Watson. So, it turns out that Satoshi Nakamoto is not Satoshi Nakamoto. According to Andreas Antonopoulos, who was charged with giving him the bitcoins that had been raised for him as a sort of apology for the Newsweek fiasco (and explaining what they were), he doesn't know how to use a Web browser. So, assuming that Satoshi didn't invent the Bitcoin protocol, have a stroke and retire to build model railway engines, what should we think about the Creator? A lot of effort has been put into trying to work out who Satoshi is. His last words were that he was....

Satoshi Nakamoto's broke a three year long silence, telling the world he is not Dorian Nakamoto (photo). Every post he made can be found in the database of the Satoshi Nakamoto Institute. Satoshi Nakamoto remains an obscure figure to most people that are involved in cryptocurrencies. As the creator of Bitcoin, he is the reason we are all here. You would not be reading this article if it weren't for him. Heck, I would not have written this text, and we would probably think virtual currencies could only exist in a galaxy far, far away. Inventor of Bitcoin. However, Nakamoto is real. Whether....