Here's What We Know About The Australian Who Says He Invented Bitcoin
Australian entrepreneur Craig Steven Wright identified himself as the founder of Bitcoin — but many are skeptical.
This is Australian entrepreneur Craig Steven Wright. On Monday he identified himself as the mysterious creator of Bitcoin.
Wright published a blog post says he's the man behind the pseudonym Satoshi Nakamoto — the founder of the electronic currency.
Bitcoin was introduced in 2008 when someone using the name Satoshi Nakamoto published the "white paper," which outlined the technology behind the digital currency. The following year, Nakamoto released it as open-source software.
Bitcoin transactions are made without banks and fees and can be done anonymously. There are currently about 15 million Bitcoins in existence, according to the BBC.
Since Bitcoin's inception, rumors have swirled as to Satoshi Nakamoto's true identity. In 2014, Newsweek reported that Dorian Satoshi Nakamoto, a 64-year-old retired engineer, was the man behind Bitcoin. He denied having anything to do with its creation.
Dorian Satoshi Nakamoto
Damian Dovarganes / AP
A few years earlier, in 2011, The New Yorker suggested a graduate student in cryptography at Trinity College was the founder — but the student also denied it.
Wright's name was first introduced into the fray in December 2015 by Wired, which suggested the "Australian genius" could be the founder after analyzing old blog posts, transcripts, a cache of leaked emails, and accounting forms.
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