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Mysterious Bitcoin inventor Satoshi Nakamoto is 'unmasked' as British nerd who could secretly be worth $70bn
UK Daily Mail ^ | Published: 07:00 EDT, 8 April 2026 | IMOGEN GARFINKEL

Posted on 04/08/2026 4:32:55 AM PDT by dennisw

Ever since the unveiling of Bitcoin on Halloween 2008, the true inventor behind the revolutionary digital currency has been shrouded in mystery.

Its creator adopted the mysterious pseudonym Satoshi Nakamoto, but no individual had so far been decisively identified as Satoshi, now undoubtedly one of the world’s richest people.

But after an extensive investigation involving artificial intelligence and forensic linguistics experts, the New York Times has claimed to uncover the anonymous architect of Bitcoin, who has hidden his identity for 17 years.

That man is Adam Back, a 55-year-old British computer scientist who the newspaper says pioneered the decentralised digital currency, used for encrypted, peer-to-peer transactions without needing a central bank.

If true, the University of Exeter–educated cryptographer has generated a vast fortune: as per Bitcoin lore, Satoshi mined 1.1 million coins in the digital currency’s nascency, a cache that is worth $70 billion today.

On Wednesday, he took to X to deny the allegations, telling his followers decisively, 'I'm not Satoshi' before adding in a follow-up tweet: 'I also don't know who Satoshi is, and I think it is good for Bitcoin that this is the case

Nevertheless, the New York Times' conclusion was drawn from over a year of trawling through thousands of decades-old internet postings, revealing a trail of opaque clues that weaved together point towards Back.

Over the years, the encryption expert used extraordinary methods to conceal his identity - allegedly even sending emails in his own name to the mysterious Satoshi, playing both roles at once in a Mr Ripley-esque charade to cover his tracks.

But try as he might to conceal his identity, a series of extensive linguistic analyses have uncovered persuasive similarities between Back and Satoshi's writing styles, leading to the conclusion that they are, and always have been, the same man.

(Excerpt) Read more at dailymail.co.uk ...


TOPICS: Books/Literature; Business/Economy; Computers/Internet
KEYWORDS: cryptotruth; dailymail; nyt
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1 posted on 04/08/2026 4:32:55 AM PDT by dennisw
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To: dennisw

Original source is NY Times. This NYT article is long extensive. -—>>>
https://archive.ph/1jJje


2 posted on 04/08/2026 4:35:36 AM PDT by dennisw (Qatarlson the Insufferable blowhard ////////////////////////// There is no limit to human stupidity.)
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To: dennisw

Okay...and?


3 posted on 04/08/2026 4:36:26 AM PDT by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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To: MeneMeneTekelUpharsin

“Okay...and?”

And now he’s going to find out he has relatives he never dreamed of. He’s going to wish for the calls about his extended warranty.


4 posted on 04/08/2026 4:41:40 AM PDT by EandH Dad (sleeping giants wake up REALLY grumpy)
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To: dennisw

Who knows the truth? He might have invented it, but he could also just be the front man for the CIA who may have really been the inventors because they wanted to study e-currency.

Personally, if I had invented it, I would have released it into society and traded those e-currencies for real money and been worth $4 trillion dollars. That’s what I would have done.


5 posted on 04/08/2026 4:43:37 AM PDT by Jonty30 (I would have been an awesome merchant marine. I can sell convenient store items very well.)
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To: EandH Dad

lolol.


6 posted on 04/08/2026 4:46:33 AM PDT by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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To: dennisw

I wonder how much energy and computer power it would take to mine 1.1m Bitcoins and no one noticed?


7 posted on 04/08/2026 4:55:34 AM PDT by Trinity5
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To: dennisw

The only mining I understand is done with a shovel and a pick axe....


8 posted on 04/08/2026 5:02:05 AM PDT by Hot Tabasco
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To: Trinity5

Very little for the early adopters.

I “mined” about 60 bitcoins using my work computer at night early on.

Sadly sold most of them when cheap, but still have 21.


9 posted on 04/08/2026 5:22:13 AM PDT by TheThirdRuffian (Orange is the new brown)
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To: Trinity5

In the beginning mining was very easy and the creator probably made them in a few days on a home PC as test.

They haven’t been touched since. IMO the key for these coins is likely lost or deleted out of principle. People say now it’s some CIA conspiracy but back then not even the creator expected their future value to go so high. It took YEARS just for one BTC to reach $1


10 posted on 04/08/2026 5:34:09 AM PDT by varyouga
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To: TheThirdRuffian

Approx. $1.5 million. Nice.


11 posted on 04/08/2026 5:54:12 AM PDT by Blennos (This is the official Blennos tagline. Thanks to Big Red Badger. )
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To: dennisw

$70 billion of fools money ?LOL


12 posted on 04/08/2026 6:02:26 AM PDT by butlerweave (Fateh)
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To: TheThirdRuffian

What exactly did you “mine”? What (if anything) of value was created?


13 posted on 04/08/2026 6:19:12 AM PDT by Blurb2350 (posted from my 1500-watt blow dryer)
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To: Blurb2350; All

They way it was explained to me was like this.

Let’s say a typical mine operator digs up a gold nugget worth $$$. During the boat ride back, it falls overboard.

So everyone agrees it’s still his nugget, but its physical location is not relevant.

He can sell his ownership to another.

So, mining BITCOIN is the same.

See?


14 posted on 04/08/2026 6:26:39 AM PDT by Mr. K (no i think 10%consequence of repealing obamacare is worse than obamacare itself.)
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To: dennisw

Blah Blah Blah. Its really very simple. The real Satoshi Nakamoto would sell at least some of the large horde of Bitcoins he owns. People have watched that horde Satoshi mined for years and years. They’ve never moved.....ie he’s almost certainly dead. Why else would you sit on a vast fortune and never cash out any of it?


15 posted on 04/08/2026 6:29:53 AM PDT by FLT-bird
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To: dennisw

They never talk about the young children in third world countries who work all day long in the Bitcoin mines for pennies a day.


16 posted on 04/08/2026 6:32:40 AM PDT by GreenHornet
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To: Mr. K

I’m not sure if you are kidding or not.

Under this explanation, is “everyone” include the entire world, or just those in the boat?


17 posted on 04/08/2026 6:36:11 AM PDT by freedomlover
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To: freedomlover

=)


18 posted on 04/08/2026 6:49:13 AM PDT by Mr. K (no i think 10%consequence of repealing obamacare is worse than obamacare itself.)
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To: dennisw
the New York Times has claimed to uncover the anonymous architect of Bitcoin, who has hidden his identity for more than 17 years.

They NY Times said Stalin was a good guy, Trump was a Russian spy with a direct hotline to Putin in his office, and that covid started when someone at a bat.

Don't know if this guy is Satoshi, but we DO know NY Times are deep-state/CIA propagandists.

19 posted on 04/08/2026 7:03:29 AM PDT by PGR88
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To: dennisw

Hey, NYT, go find Savannah Guthrie’s mom’s abductor.


20 posted on 04/08/2026 7:14:37 AM PDT by gloryblaze
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