FameEX Hot Topics | Could Jack Dorsey Be Satoshi Nakamoto? New Theory Sparks Fresh Debate Over Bitcoin’s Creator

A fresh theory has reignited debates over Satoshi Nakamoto’s true identity, suggesting that Jack Dorsey, CEO of Square and the founder of Twitter (now known as X), could be the elusive Bitcoin creator. The hypothesis gained traction when Matthew Sigel, Vaneck’s head of digital assets research, posted his thoughts on the social media platform X. While Sigel was clear that the evidence isn’t conclusive, he argued that a mix of technical parallels, circumstantial connections, and uncanny coincidences makes the idea worthy of consideration.

The theory is rooted in research by Seán Murray, who presented an extensive analysis linking Dorsey to Nakamoto. According to Murray, Dorsey’s early involvement in the cypherpunk movement and his expertise in cryptography suggest a plausible connection. Murray further noted that Satoshi once logged into an IRC channel from a California IP address, a state where Dorsey lived at the time. Additional hints include references in Bitcoin’s original code that appear to correlate with Dorsey’s background and a series of events in Bitcoin’s early timeline aligning with significant moments in Dorsey’s career. Together, these factors make the argument for Dorsey’s involvement in Bitcoin’s creation more compelling.

Some critics argue that such speculation might harm the Bitcoin community. However, Sigel pushed back against this notion, emphasizing Bitcoin’s decentralized design. He noted that even if the person behind Satoshi holds a significant amount of Bitcoin, the network’s structure ensures no single individual can dominate it. Sigel also pointed out that clarifying Nakamoto’s identity could help dispel fears about Satoshi’s estimated 1.1 million BTC holdings, reducing uncertainty around their potential impact on market stability.

This theory diverges from past claims regarding Satoshi’s identity, which have implicated individuals like Paul Le Roux, Nick Szabo, and Hal Finney. Each of these figures has either denied involvement or lacked sufficient evidence to substantiate the claims. Dorsey’s case, however, introduces new dimensions, including subtle references such as his Satoshi-themed shirts and cryptic public statements. Notably, Dorsey also played a key role in countering Craig Wright’s assertions of being Satoshi, further intensifying speculation about his potential involvement.

Sigel believes that even if Dorsey isn’t Nakamoto, investigating these claims can still yield meaningful insights. He expressed optimism that by examining the evidence, the Bitcoin community could uncover important truths or confirm that Satoshi’s identity is indeed meant to remain a mystery.

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