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Bitcoin 2017 surge caused by single entity

Craig Wright Inadvertently Admits He’s Not Satoshi Nakamoto

Matthew Tompkins
by Matthew Tompkins
Last Updated: October 20, 2017 3:14 pm
·
Posted in News, Bitcoin, News teaser
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Charlie Lee tweets how Craig Wright, self-proclaimed creator of Bitcoin, inadvertently reveals he is NOT Satoshi Nakamoto.


Charlie Lee, the creator of the Litecoin cryptocurrency, tweeted earlier how Craig Wright inadvertently outed himself as not actually being Satoshi Nakamoto, a role he had claimed in the past. The admission was made when Wright was confronted about not being included in a list of blockchain’s influential people, despite Satoshi Nakamoto’s name actually being on it.

Craig Wright inadvertently admitted that he's not Satoshi Nakamoto. Lol #rekt. 😂 pic.twitter.com/6u6da6ICwV

— Charlie Lee Ⓜ️🕸️ (@SatoshiLite) October 20, 2017

The evidence presented is hardly conclusive on either side of the “who is the real Satoshi Nakamoto” argument, but it is amusing to see Litecoin’s creator, Charlie Lee, taking a humorous swipe at Craig Wright none-the-less. There have been more nuanced debunks of Wright’s claims in the past that counter the evidence he presented in the past, most notably of his Sarte file evidence.

Would The Real Satoshi Please Stand Up

Satoshi Nakamoto

Another contender for the role of Satoshi was outed by Newsweek magazine on March 6, 2014, when it made the claim that Dorian Nakamoto, a Californian resident who happened to have the birth name Satoshi Nakamoto, was Bitcoin’s creator. A mystified Dorian Nakamoto was confronted and hounded with the accusation, of which there is no evidence. He continues to deny Newsweek’s claims.

Interestingly, Charlie Lee himself was potentially outed as the fabled Nakamoto in the past, a claim he also refutes.

Charlie Lee, Crypto, and Controversy

Charlie Lee has had a contentious time on Twitter and was recently criticized for revealing that he had heard from a “good source” that Chinese cryptocurrency exchanges were going to be shutting down. His brother, Bobby Lee, famously runs the BTC China cryptocurrency exchange. Lee’s tweet came just minutes before the huge Bitcoin sell-off, where Bitcoin’s value sank as low as $3,000 from a $5,000 high back in October of this year.

Litecoin is currently valued at $61, the 5th largest cryptocurrency as judged by CoinMarketCap, where it sits at $3 billion. Ahead of it are Bitcoin Cash, Ripple, Ethereum, and Bitcoin.

Who do you think is the real Satoshi Nakamoto?  Let us know in the comments below.


Images Courtesy of Wikimedia Commons, IBTimes, Bitcoinst archives

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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