The Race to be the Fakest Faketoshi has a New Leader


Unfortunately, ‘news’ has filtered out that the creator of blockchain and Bitcoin, Satoshi Nakamoto is in the process of revealing himself. Of course, if this were the case, it would be an exciting time, but this latest claim looks to be nothing more than a poorly constructed PR stunt.

This latest reveal – which at least must be confusing the last pretender to the throne, Craig Wright – has been put together by Ivy McLemore & Associates, an out and out PR company.

According to the news, Nakamoto would be revealing himself in three blog posts spread out over a few days where there would be evidence presented to back up this claim.

As to be expected, this reveal has been ridiculed and laughed at, not only because of the clear PR-ness of it all but because of evidence that the cryptocurrency community has quickly pulled together. 

From the writing style of the original Satoshi Nakamoto looking nothing like these latest blogs apparently penned by the creator to the fact that he called ‘cypherpunks,’ ‘cyberpunks.’ Even the website that the reveal was done on is a cheap, budget starter hosting site. 

So, while this reveal slowly digs its own grave and dies a shameful death, the question left posing is why does anyone care who Satoshi is, anymore? 

The creator of Bitcoin and the man who spawned this massive blockchain ecosystem purposefully remained hidden and has been dormant for years now. While his reasons for doing so has been pondered, it again should not really matter. 

All that is needed from Nakamoto is with us already – some will claim that the fortune of unmoved Bitcoin he likely sits on could do with a bit of circulating, but even the latest Faktoshi can’t help there as he claims he conveniently lost the hard drive with them on. 

The Nakamoto name has come to be admired with such reverence that it is becoming tiresome to see so many people try and usurp his title and claim his identity. In fact, from Wright to the latest PR stunted Nakamoto, these pretenders should be ashamed of what they are trying to do.

Part of the mystery and magic of Bitcoin and the blockchain ecosystem ahead of it is that it was created by an unknown person. But perhaps that is a sign of the times, Bitcoin has evolved to be a totally different beast to what Nakamoto set it out to be – which is not a bad thing – but the fact that his own identity is being challenged and paraded around today is probably a bad thing.

Darryn Pollock
Darryn has been interested in the blockchain and cryptocurrency space since he heard about Bitcoin in 2015. He then decided to use his journalism degree to report on this fascinating fintech space in 2016, and has not looked back since.

How Good of an Idea are Government Cryptocurrencies?

Previous article

Good News: Bitcoin Hash Rate Reaches New Highs, Bad News: Environment

Next article


Leave a reply

You may also like

More in Bitcoin