Has the mysterious founder of digital currency Bitcoin been found? Newsweek believes they have named the elusive person behind the movement. Editors at …
Has the mysterious founder of digital currency Bitcoin been found? Newsweek believes they have named the elusive person behind the movement. Editors at Newsweek claim the digital currency was developed by Dorian Prentice Satoshi Nakamoto, of Temple City, California.
When reporters asked him to comment on the report, he denied any involvement with Bitcoin. After he left his property, media personnel followed him, and a car chase took place along Los Angeles freeways.
When Leah McGrath Goodman wrote her article naming Nakamoto as the founder, social media erupted in controversy. Some critics said the reporter should not have exposed the identity of someone who wished to remain anonymous.
Nakamoto claims he did not even know of the virtual currency until a few weeks ago. At that point, he claims his son first told him reporters thought he may be the designer of the currency. The 64-year-old said the story had many details of his life correct. Still, he claims to not be the person responsible for the computer code that manages the currency.
The email address used to first announce Bitcoin in 2009 used the name Satoshi Nakamoto. That address has been inactive for several years. On Thursday, a person using that email wrote “I’m not Dorian Nakamoto.” (1)
Many industry sources believed Newsweek was about to go out of business. This new revelation could bring the magazine new readers. The company has not published an issue since the end of 2012.
Although the man denies being the founder of Bitcoin, this story is unlikely to go away anytime soon. Digital currencies are likely to be one of the defining stories of 2014.
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