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Who is Satoshi Nakamoto? My quest to unmask Bitcoin's creator

nytimes.com

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Re: Who is Satoshi Nakamoto? My quest to unmask Bitcoin's creator

#71
post #25

Earlier quoted context omitted.

Only if those similarities are indicating more than 'generic internet hacker' for both of them. You only need 23 bits to identify a person but those are 23 uncorrelated bits, and all the 'similarities' presented here are extremely strongly correlated with themselves.

Where are you getting 23 from? That's only 8-ish million values max.

Suspect it's a typo. 33, not 23, gives ~8.6*10^9.

Re: Who is Satoshi Nakamoto? My quest to unmask Bitcoin's creator

#72

You can't sell books or articles from saying something that's been said before, but Nick Szabo remains the best Satoshi candidate by a mile. He had developed the system closest to Bitcoin, he was actively seeking collaborators to turn his system into a practical offering briefly before Bitcoin was released, and he was the only cipherpunk who conspicuously said very little when the system he'd been trying to realize f…

Exactly my thoughts down to the indictment of the thought process of a top investigative journalist. The amount of tunnel vision here, that dismisses Szabo based on a tweet of wanting to understand developments in core 10 years later? In all this writing, there's not a hint of investigation into every damning link to Szabo, including the IP leak which was simply dismissed as "dead end". Carreyrou is flying across the world to finally get a weak slip in speech he thinks finally implicates Back, meanwhile Szabo already slipped up in speech years ago for anyone to find.

Incredible gell-mann reminder for reporting...

Re: Who is Satoshi Nakamoto? My quest to unmask Bitcoin's creator

#73

Why do journalists try to doxx innocent people, putting their personal (and here actual) lives at risk? Bansky, Scott Alexander... Spend this effort investigating corruption.

Journalists job is to get clicks on their article.

Re: Who is Satoshi Nakamoto? My quest to unmask Bitcoin's creator

#74
It's funny because the author notes a prior attempt to uncover Satoshi's identity and giving up because an implied lack of technical depth.

I guess this time they were undaunted. Perhaps they received an AI assist and felt validated by AI sycophancy.

Much of the technical evidence cited is weak (e.g. strong knowledge of public-key cryptography, both used C++, etc.). Still, the (somewhat lazy) forensic linguistics is interesting.

Re: Who is Satoshi Nakamoto? My quest to unmask Bitcoin's creator

#75

> I’d learned enough by then to know that P.G.P. relies on public-key cryptography. > So does Bitcoin. A Bitcoin user has two keys: a public key, from which an address is derived that acts as a digital safe deposit box; and a private key, which is the secret combination used to unlock that box and spend the coins it contains. > How interesting, I thought, that Mr. Back’s grad-school hobby involved the same cryptograp…

I don't blame you for this initial reaction, which would have been mine too had I not known who the author was. I don't mean that I automatically trust anything published by the reporter who busted Theranos (and won two Pulitzers for other major investigations). But I do mean that if John Carreyrou and his editors decided to publish something this long, that means they (and they're lawyers) are willing to die on this hill, no matter how meandering the first paragraphs of his 1st-person narrative.

Since the story doesn't end with: "And then Adam Back bowed his head and said, 'You have found me, Satoshi'", I'm guessing they preferred to go for the softer "how we did this story" first-person narrative. There is no explicit smoking gun, like an official document or eyewitness who asserts Satoshi's identity. But the circumstantial and technical evidence is quite thorough, to the point where the most likeliest conclusions are:

1. Adam Back is Satoshi

2. Satoshi is someone who is either a close friend or frenemy of Back, and deliberately chose to leave a obfuscated trail that correlates with Back's persona and personal timeline.

Re: Who is Satoshi Nakamoto? My quest to unmask Bitcoin's creator

#76

I found this article about as compelling as all the other attempts at identifying him. Half of the cypherpunks (I was pretty active) had the same set of interests in public key cryptography, libertarianism, anonymity, criticism of copyright, and predecessor systems like Chaum's ecash; we talked about those in virtually every meeting. The most compelling evidence is Adam Back's body language, as subjectively observed…

Same set of interests? Clearly Raph is Satoshi.

Re: Who is Satoshi Nakamoto? My quest to unmask Bitcoin's creator

#77
post #66

I have always thought Satoshi must be dead (as a couple of past suspects are). How could someone not want one hundred BILLION dollars? There is no person alive who could resist that. I'm sorry, there's just not. To be fair, if Back was Satoshi, he would need to hide it so his company can go public, or whatever. Because that way he might make -- who knows! -- hundreds of millions of dollars? Even if moving the coins c…

He (or the enterprise) could have ample bitcoin, on other accounts... the main account is just bait for people.

Re: Who is Satoshi Nakamoto? My quest to unmask Bitcoin's creator

#78

You can't sell books or articles from saying something that's been said before, but Nick Szabo remains the best Satoshi candidate by a mile. He had developed the system closest to Bitcoin, he was actively seeking collaborators to turn his system into a practical offering briefly before Bitcoin was released, and he was the only cipherpunk who conspicuously said very little when the system he'd been trying to realize f…

> No one in the cipherpunks mailing list thought any of this was odd, probably because it was obvious to them who Satoshi was.

If dozens of people affiliated on a mailing list knew that Sbazo was Satoshi is a decade ago, would’t his identity be treated as an open secret by now?

Re: Who is Satoshi Nakamoto? My quest to unmask Bitcoin's creator

#79
Pretty compelling story. Not necessarily for its revelations, but for the fact that John Carreyrou and the NYT decided to publish it at all. If it were by anyone else, I would have stopped reading after the first thousand words of meandering narrative, but Carreyrou is staking his massive and impeccable investigative journalistic reputation on this mountain of circumstantial evidence and statistical analysis. Him torching his reputation (especially with Elizabeth Holmes fighting hard for a pardon/clemency!) would be as interesting as a story as actually finding Satoshi's real identity.

The evidence is good. What was more interesting to me is the section where he explains how he eliminated all the other asserted and likely candidates. Since the story is already a very long read, I imagine much of this section got left out. So some of the reasons for eliminations are too brief to be convincing on their own. For example:

> What about other leading Satoshi suspects, I wondered? Were there any who fit the Satoshi profile better than Mr. Back? A 2015 article in this newspaper put forward the thesis that Satoshi was Nick Szabo, an American computer scientist of Hungarian descent who proposed a Bitcoin-like idea called “bit gold” in 1998. Mr. Szabo remained at the top of many people’s lists until recently, but a heated debate that played out on X about a proposed update to the Bitcoin Core software exposed his ignorance of basic technical aspects of Bitcoin.

A 2015 article in this newspaper — Decoding the Enigma of Satoshi Nakamoto and the Birth of Bitcoin, by Nathaniel Popper [0]

[Szabo] proposed a Bitcoin-like idea called “bit gold” in 1998 — Szabo's post on his Blogger site [1]

but a heated debate that played out on X about a proposed update to the Bitcoin Core software exposed his ignorance — links to a Sept 29, 2025 tweet by Adam Back replying to Szabo, who had tweeted:

> Good info thanks. Follow-up questions: (1) to what extent is such an OP_RETURN-delete-switch feasible in practice? (I know it is feasible in theory, but there are many details of core that I am not familiar with). (2) has such a thing been seriously proposed or pursued as part of Core's roadmap?

exposed [Szabo's] ignorance of basic technical aspects of Bitcoin — links to another reply tweet by Back in October 2025 [3]:

> Nick, you're actually wrong because there is a unified weight resource. eg byte undiscounted chain space reduces by 4 bytes segwit discounted weight. no need for insults - people who are rational here are just talking about technical and risk tradeoffs like rational humans.

Szabo's tweet was: "Another coretard who thinks their followers are mind-numbingly stupid."

----

Can someone explain why this relatively recent tweet fight is convincing evidence that Szabo is too ignorant to have been behind Bitcoin? I know he went silent for a bit when Bitcoin first got big, but he hadn't revealed his ostensibly overwhelming ignorance until a few months ago?

[0] https://www.nytimes.com/2015/05/17/business/decoding-the-eni...

[1] https://unenumerated.blogspot.com/2005/12/bit-gold.html

[2] https://x.com/adam3us/status/1972888761257415129

[3] https://x.com/adam3us/status/1981329274721149396

Re: Who is Satoshi Nakamoto? My quest to unmask Bitcoin's creator

#80
post #20

Particularly I believe that Satoshi Nakamoto is a nation-state who created Bitcoin to bypass sanctions. Simple as that.

I tend to think this, too. Or rather a small group of cryptographers working for a nation-state. It's the only way to make sense of the fact that Satoshi is enormously wealthy. I don't think any individual could sit on this kind of wealth and not cash out visibly.

Satoshi may also be unable to cash out simply because they are dead.
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