Australian Craig Wright Proves That He Is Bitcoin Creator Satoshi Nakamoto

Posted: May 2 2016, 3:14am CDT | by , Updated: May 3 2016, 2:15am CDT, in News | Technology News

Australian Craig Wright Proofs that He Is Bitcoin Creator Satoshi Nakamoto
Credit: BBC

Breaking News. The mystery is solved. Australian entrepreneur Craig Wright revealed that he is Bitcoin Creator Satoshi Nakamoto.

The Bitcoin founder mystery is solved. Australian entrepreneur Craig Wright publicly declared today that he is Bitcoin Creator Satoshi Nakamoto. Craig Wright proofed to the BBC, Economist and GQ that he is indeed the creator of Bitcoin. All three publication got access to Mr. Wright's blog post about the Satoshi revelation. The world guessed over years who Satoshi Nakamoto is. Mr. Wright surfaced as one of the likely candidates last year.

Update May 3: Experts refute Wright's claim that he is Satoshi. The discussion continues.

Since then the pressure on Mr. Wright as risen and he also was under investigations for tax issues in Australia. This pressure forced him to go public.

"I have not done this because it is what I wanted. It's not because of my choice. I really do not want to be the public face of anything," he said in the BBC interview, expressing regret that he had been forced to reveal his identity.

Dr. Craig Wright has published a blog post revealing himself as Satoshi Nakamoto on He opens the post with a quote from Satre. "If I sign myself Jean-Paul Sartre it is not the same thing as if I sign myself Jean-Paul Sartre, Nobel Prizewinner" – Jean-Paul Sartre, 1964

You can watch the BBC interview with Craig Wright here. The Economist report can be found here and the GQ report can be read here.

The BBC report says that Craig Wright digitally signed emails using cryptographic keys created during the early days of Bitcoin. The keys are inextricably linked to blocks of bitcoins known to have been mined by Satoshi Nakamoto. This confirms that Mr. Wright is indeed the Bitcoin creator. Estimates say that Satoshi Nakamoto owns about 1 million Bitcoins, which translates right not to about $450 million.

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<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Manfred "Luigi" Lugmayr () is the founding Chief Editor of I4U News and brings over 25 years experience in the technology field to the ever evolving and exciting world of gadgets, tech and online shopping. He started I4U News back in 2000 and evolved it into vibrant technology news and tech and toy shopping hub.
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