Elon Musk is Satoshi Nakamoto? Twitterati speculates after Tesla CEO’s cryptic tweet

Satoshi Nakamoto

Key Takeaways:

  • Elon Musk trends on Twitter as Satoshi Nakamoto.
  • How people keep speculating about who Satoshi is.
  • Craig Wright the ‘actual’ Satoshi Nakamoto.

Top microblogging platform Twitter has been bubbling with reports that Tesla CEO Elon Musk is Satoshi Nakamoto, the pseudonym developer of Bitcoin every enthusiast has been thirsty to know.

Twitter which has remained a top platform for crypto conversation, came up with the speculation Musk is Nakamoto after the world’s richest man tweeted a cryptic image where he tried to shed more light on the identity of the unknown Bitcoin developer.

Musk tweeted the cryptic image without any caption. However, the image implies that Satoshi Nakomoto came out by combining the names of four companies — Samsung Electronics, Toshiba Corp., Nakamichi Corp., and Motorola.

It is not yet clear what Musk’s intention was in sharing the meme. However, some users assumed he was hinting at Satoshi’s background, suggesting that he is not Japanese but a Korean and American mix.

However, in their reaction, many users on Twitter believe that the post is ironic and does not contain any hidden message.

Satoshi Nakamoto and his hidden identity

Nakamoto is said to be the inventor of Bitcoin, but no one knows the real truth behind the inventor of the foremost cryptocurrency. The inventor of Bitcoin remains unidentified, while several persons have been attributed to being the Bitcoin coder. Back in 2017 also, Musk was said to be Nakamoto, but he denied it.

During an interview with Lex Fridman, Musk gave out Nick Szabo to be Nakamoto. “It seems that Nick Szabo is probably responsible for the evolution of these ideas more than anyone. He seems to be more than anyone responsible for the ideas behind Bitcoin, he said.

Craig Wright, the ‘actual’ Bitcoin developer

It is worth noting that Craig Wright, an Australian computer scientist, has claimed to be the inventor of Bitcoin. However, he got a court ruling in 2021, vindicating him as Nakamoto. This was after the family of David Kleiman, who died in April 2013, claimed the deceased and Wright were close friends and co-created Bitcoin through a partnership.

At the center of the trial was 1.1m Bitcoin. The digital assets were among the first Bitcoin to be created through mining and could only be owned by a person or entity involved with the digital currency from its beginning.

Wright’s claim that he is Nakamoto has been met with skepticism from a sizeable portion of the cryptocurrency community. However, all Bitcoin transactions are public due to their structure, and the 1.1m Bitcoin in question has remained untouched since their creation.

Members of the crypto community have called out Wright many times to prove ownership by moving just a fraction of the coins into a separate account.

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