Has the Real Satoshi Nakamoto Been Discovered? Newsweek Says Yes

Newsweek has just published an article describing their investigation and apparent discovery of the real Satoshi Nakamoto Satoshi Nakamoto “Satoshi Nakamoto” is the alias of the mysterious person (or group of people) that are responsible for the creation and launch of Bitcoin back in 2009 and the authorship of the Bitcoin whitepaper, published in 2008. As such, Satoshi Nakamoto is also the entity who conceptualized and created the first-ever blockchain network. Nakamoto was the first to effectively solve the double-spending problem for digital currency using a Peer-to-Peer (P2P) network. Nakamoto was active in the development of bi “Satoshi Nakamoto” is the alias of the mysterious person (or group of people) that are responsible for the creation and launch of Bitcoin back in 2009 and the authorship of the Bitcoin whitepaper, published in 2008. As such, Satoshi Nakamoto is also the entity who conceptualized and created the first-ever blockchain network. Nakamoto was the first to effectively solve the double-spending problem for digital currency using a Peer-to-Peer (P2P) network. Nakamoto was active in the development of bi Read this Term, the inventor of Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term. If true, it could be the most thrilling revelation for Bitcoin World in quite some time. Of course, the definition of "true" in this case itself is difficult, as there is uncertainty as to who we were even looking for: a person, group of people or even nobody.

The investigation and revelations were conducted by Leah McGrath Goodman, an award-winning investigative journalist, author and speaker on the topics of money and politics.

Here, we do not dive into the nitty gritty details, rather summarize the key points and some initial reaction:

Real Name: "Satoshi Nakamoto" (at birth). After graduating university, he changed his name to: "Dorian Prentice Satoshi Nakamoto". Since then, he's dropped the Satoshi part (ironic as that is the best known piece, used to denominate one 100 millionth of a bitcoin), going by: "Dorian S. Nakamoto".

Age: 64 (not exactly the whiz kid everyone imagined)

Where: Temple City, California

Birthplace: Beppu, Japan

Lifestyle: Apparently, very simple, considering he may be sitting on $400 million worth of bitcoins.

Known Family: Oldest of three brothers, has five children, separated from wife; mother (age: 93), stepfather

Still Active with Bitcoin?: No, wants nothing to do with it anymore. Strong aversion actually. Was apparently initially worried about getting into trouble for developing it.

Motivation: Hobbyist in model steam trains. Became fed up with bank fees and exchange rates when sending international wires to England.

Profile: Very, very low

Reaction on reddit is quite mixed: some are calling this a hoax, while others are genuinely concerned for the man's safety and well-being. They allege Newsweek exposed everything about him and "basically slapped a target on his back", due to his possible wealth totaling hundreds of millions of dollars. Commenters have also pointed to several potential holes in the claim, and overall, remain skeptical.

Some have offered congratulatory commentary to McGrath Goodman for her investigative work, while others have expressed outrage at Newsweek's alleged breach of Nakamoto's privacy- the magazine posted his picture, town of residence, and images of his car and house. McGrath Goodman has since provided a video interview where she defended her work and expressed hope that Nakamoto will afforded the ability to live in quiet.

However, world media have instead converged upon Nakamoto's residence. According to LA Times journalist Joe Bel Bruno, Nakamoto agreed to accompany the Associated Press to their LA bureau where other media members are awaiting further information.

Over the past couple of hours, Bitcoin has taken a bit of dive, losing as much as 5% on Bitstamp and breaking its relative quiet over the past 24 hours. It is unknown if perhaps the spreading of this news item has spooked investors.