The US based magazine Newsweek uncovered Bitcoin creator Satoshi Nakamoto and showed us what most must’ve been expecting. Nakamoto was actively trying to stay out of the limelight and the question that will rise now is, how will this affect the ever fluctuation Bitcoin price?
The Newsweek reporters that contributed to this piece, Sharon Sergeant and Barbara Mathews, did a presumably great job tracking down Nakamoto, but still little is known about this mystical genius. One thing can be said with certainty about this story, and that is that all the profiling done in the story fit what people believe Nakamoto would be like. It’s almost too fitting, finding someone who’s extremely evasive, private and anti social that goes by the name of Satoshi Nakamoto.
While most inventions are fought over in court by people claiming to have invented them, this is not been the case for Bitcoin. Ever since Bitcoin rose to global prominence enthusiasts and opponents have agreed on only a few things, and that it’s that it was Satoshi Nakamoto who invented and created this crypto currency.
In case we believe that Newsweek did uncover the real Satoshi it remains to be seen how this plays out. Conspiracy theories have always suggested the CIA is behind creating Bitcoin, and Nakamoto’s periods of ‘blank professional history’ might suggest he was working on secret government projects.
While this news is still just the start of uncovering who, or what group, created Bitcoin it’s yet to be seen how it influences the prize of BTC. Blockchain.info shows no unusual spike in trading, nor has the price been drastically influenced lately, but it seems like another big spike or drop is inevitable based on big news reports having previously caused similar changes.