Bitcoin inventor found  MAR 06 2014

People had assumed that the name of the secretive creator of Bitcoin, Satoshi Nakamoto, was a pseudonym designed to protect his anonymity. Newsweek's Leah McGrath Goodman tracked down a man who could be the Bitcoin founder and discovered that his real name is...Satoshi Nakamoto.

Two police officers from the Temple City, Calif., sheriff's department flank him, looking puzzled. "So, what is it you want to ask this man about?" one of them asks me. "He thinks if he talks to you he's going to get into trouble."

"I don't think he's in any trouble," I say. "I would like to ask him about Bitcoin. This man is Satoshi Nakamoto."

"What?" The police officer balks. "This is the guy who created Bitcoin? It looks like he's living a pretty humble life."

I'd come here to try to find out more about Nakamoto and his humble life. It seemed ludicrous that the man credited with inventing Bitcoin - the world's most wildly successful digital currency, with transactions of nearly $500 million a day at its peak - would retreat to Los Angeles's San Bernardino foothills, hole up in the family home and leave his estimated $400 million of Bitcoin riches untouched. It seemed similarly implausible that Nakamoto's first response to my knocking at his door would be to call the cops. Now face to face, with two police officers as witnesses, Nakamoto's responses to my questions about Bitcoin were careful but revealing.

Tacitly acknowledging his role in the Bitcoin project, he looks down, staring at the pavement and categorically refuses to answer questions.

"I am no longer involved in that and I cannot discuss it," he says, dismissing all further queries with a swat of his left hand. "It's been turned over to other people. They are in charge of it now. I no longer have any connection."

Nice bit of sleuthing by Goodman. But given the interest around Bitcoin, it's amazing that it took this long, even with Nakamoto's first name change.

Update: The subject of Newsweek's story now denies he was the creator of Bitcoin.

Read more posts on kottke.org about:
Bitcoin   currency   Leah McGrath Goodman   money   Satoshi Nakamoto

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