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Who is the father of Bitcoin How old is the father of Bitcoin

Date:2024-04-30 18:19:42 Channel:Crypto Read:
The identity of the creator of Bitcoin, the surging digital currency, has always been a hotly debated topic. Who is the father of Bitcoin? Who is the father of Bitcoin? In this article, we’ll delve into the identity of the father of Bitcoin and his influence, peeling back the mystery and giving you a full perspective.
Since 2018, the identity of the father of Bitcoin has become a hot topic. A mysterious figure, Satoshi Nakamoto, is considered the creator of Bitcoin. However, this name is just a pseudonym and his true identity remains unknown. Satoshi Nakamoto proposed the concept of Bitcoin in 2008 through a white paper "Bitcoin: A Peer-to-Peer Electronic Cash System" and subsequently released the first Bitcoin software in 2009. This act completely subverted the traditional financial system and ushered in a new era of cryptocurrency.
The identity of the father of Bitcoin has attracted much attention mainly because of the pioneering and revolutionary nature of the Bitcoin system he created. Bitcoin is the first decentralized digital currency, and the blockchain technology behind it has brought huge changes to the financial field. Through blockchain technology, Bitcoin achieves decentralized transaction verification and accounting, ensuring the security and transparency of transactions, eliminating intermediate links in the traditional financial system, reducing transaction costs, and improving transaction efficiency.
The mystery of the identity of the father of Bitcoin has also given many people unlimited imagination and exploration. Some people think that Satoshi Nakamoto may be a genius cryptographer, others think that he may be a pseudonym for a group of people, and some even think that he may be a person from the future. No matter who the true identity of Satoshi Nakamoto is, his contributions and influence have been deeply rooted in the world of digital currency.
The mystery of the identity of the father of Bitcoin has also given many people unlimited imagination and exploration. Some people think that Satoshi Nakamoto may be a genius cryptographer, others think that he may be a pseudonym for a group of people, and some even think that he may be a person from the future. No matter who the true identity of Satoshi Nakamoto is, his contributions and influence have been deeply rooted in the world of digital currency.
The mystery of the identity of the father of Bitcoin has also given many people unlimited imagination and exploration. Some people think that Satoshi Nakamoto may be a genius cryptographer, others think that he may be a pseudonym for a group of people, and some even think that he may be a person from the future. No matter who the true identity of Satoshi Nakamoto is, his contributions and influence have been deeply rooted in the world of digital currency.
The mystery of the identity of the father of Bitcoin has also given many people unlimited imagination and exploration. Some people think that Satoshi Nakamoto may be a genius cryptographer, others think that he may be a pseudonym for a group of people, and some even think that he may be a person from the future. No matter who the true identity of Satoshi Nakamoto is, his contributions and influence have been deeply rooted in the world of digital currency.

The four most famous international exchanges:

Binance INTL
OKX INTL
Gate.io INTL
Huobi INTL
Binance International Line OKX International Line Gate.io International Line Huobi International Line
China Line APP DL China Line APP DL
China Line APP DL
China Line APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

Speaking of Bitcoin, more and more people must have begun to understand it, and more and more people have begun to invest. Some people even have a belief in Bitcoin. Bitcoin has gone through many surges. Its high rise has made many investors jealous and they have joined in. Whenever Bitcoin rises or falls, some people will seize the opportunity. Although there are also many investors in the process of investing. The losses were heavy, but there was still a steady stream of investors entering the market, so it can be said that Bitcoin is a digital currency that people love and hate. Many investors want to know who is the father of Bitcoin? They still don’t know how many Bitcoins the father of Bitcoin has? Let the editor of the currency circle talk about it below.

 Who is the father of Bitcoin?

The father of Bitcoin is Satoshi Nakamoto. In October 2008, a person named "Satoshi Nakamoto" proposed the concept of Bitcoin in an academic paper. Subsequently, Bitcoin existed in the open source software designed based on its ideas and the P2P network built on it. It is a "digital currency" composed of a long string of computer codes and once became the darling of the global financial market.

Since the emergence of Satoshi Nakamoto, countries around the world have not stopped searching for who he is. Satoshi Nakamoto's name slowly began to be talked about among Bitcoin fans, and a large number of admirers emerged. Some people began selling T-shirts with the words "I am Satoshi Nakamoto" printed on them, calling for the smallest unit of Bitcoin to be named "Satoshi". Some people have also begun to publish science fiction novels and comics with Satosh as the theme, constantly digging into the mystery and bits and pieces of Satoshi's life experience. On May 20, 2013, Ted Nelson, the father of HYTP and an American computer scientist, revealed his verification results to the outside world, believing that Satoshi Nakamoto was Shinichi Mochizuki, a mathematics professor at Kyoto University in Japan, and spoke highly of his completeness. Qualified for the Nobel Prize in Economics.

Who is Mochizuki Shinichi? It is said that he was born in 1969. He entered Princeton University in the United States as an undergraduate at the age of 16, completed his PhD at the age of 23, and became a full-time professor at Kyoto University in Japan at the age of 32. He is smart enough and fully capable of coming up with a complex system like Bitcoin. Moreover, his field of work itself also covers Bitcoin’s mathematical algorithms. He likes to work independently, avoids publicity, and does not use conventional academic publishing mechanisms. He generally does not comment on his papers after they are published, but allows others to understand them on their own. Looking back now, on the first day when Bitcoin came online, there was a computer that started mining Bitcoin non-stop. This machine must have belonged to him.

 How many Bitcoins does the father of Bitcoin have?

In 2008, a person named Nakamoto published a 9-page white paper, which mentioned Bitcoin for the first time, calling it a "peer-to-peer electronic cash system."

A few months later, Nakamoto released Bitcoin's first software and worked online with developers and coders to improve it.

The collaboration lasted until 2011, when Nakamoto disappeared without warning. Emails sent to a fellow Bitcoin developer revealed that the founder had moved on to other things.

Argentinian researcher Sergio Demian Lerner estimates that Nakamoto amassed approximately 1 million Bitcoins before disappearing. Today, these Bitcoins have a market capitalization of over $6 billion.

Analysts predict that the founder of Bitcoin will be worth $100 billion by 2077, Matt Green, a cryptography professor at Johns Hopkins University
Green said that the supply of Bitcoin is limited and is expected to reach 21 million by the end of 2140. Inventor Nakamoto’s 1 million Bitcoins represent 5% of the entire cryptocurrency market.

If you controlled a million of them, he said, you would have the ability to flood the market at any time. Because they are valuable and rare.

Basically, if Nakamoto chooses to sell his Bitcoins, they will flood the market, causing the price of Bitcoin to shrink.

If Bitcoin functioned as a global currency, the Bitcoin founder would likely be the richest man in the world, and would have a higher percentage of Bitcoin than gold currently held by the U.S. government.

If Bitcoin fulfills its role of becoming a global currency, Bitcoin founder Satoshi
Nakamoto may be the richest man in the world, with a high percentage of Bitcoin holdings worth more than the gold held by the U.S. government.

By the way, currently, the U.S. government has the largest gold reserves in the world, about 8,000 tons, accounting for 4% of the world’s total supply, while the father of Bitcoin owns 5% of the entire Bitcoin market.

The above content is the detailed answer of the editor of the currency circle to the two questions of who is the father of Bitcoin and how many Bitcoins the father of Bitcoin has. In fact, one of the biggest secrets in the currency circle is Satakhi, the inventor of Bitcoin.
The identity of Nakamoto, because this name is just a pseudonym, and after Bitcoin created the encryption security system in 2008, no one could figure out who the father of Bitcoin was. Therefore, the identity of the founder of Bitcoin has always been It's all a mystery. In fact, it is not that important who the father of Bitcoin is. If we insist on revealing its identity, Bitcoin may be eroded by politics and lose its current fairness.

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