• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

New Theory: Jack Dorsey and His Role in Creating Bitcoin

user avatar

by Giorgi Kostiuk

7 months ago


Theories surrounding the anonymous creator of Bitcoin, Satoshi Nakamoto, have been circulating for years. However, in recent days, a new theory has emerged that seems more convincing to many experts than most.

Who is Jack Dorsey?

Jack Dorsey is a well-known tech entrepreneur who is best known as the co-founder of Twitter. He co-founded Twitter in 2006 with a small group of co-founders. In 2009, Dorsey co-founded Square (now Block Inc), a company that initially provided small businesses the ability to accept credit card payments through mobile devices. The company has expanded significantly into cryptocurrency services.

His estimated net worth is more than $5 billion.None

The Evidence

User Sean Murray has compiled a list of evidence that he believes shows Dorsey is indeed the creator of Bitcoin. Among this evidence: Dorsey's involvement in the cypherpunk group in 1996, his interest in cryptography and pseudonyms in 2003, as well as coinciding dates and locations with Satoshi Nakamoto's activities.

Dorsey often referred to himself as a sailor. The original Bitcoin code included an old sailor's saying: 'Never go to sea with two timekeeping devices; take one or three.'Sean Murray

Potential Impact

If Jack Dorsey were ever confirmed as the creator of Bitcoin, it could have significant implications for the crypto industry. Would prices collapse amid fears that Dorsey could dump his large Bitcoin stash? These questions remain speculative for now.

While the theory of Jack Dorsey being the creator of Bitcoin is more convincing than most, it remains unverified. The question of whether Dorsey would ever admit to his involvement in the creation of Bitcoin remains open.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Backed Finance Launches xStocks in Switzerland

chest

Backed Finance has registered in Switzerland to issue xStocks, digital representations of stocks like Tesla and Nvidia, attracting 30,300 unique holders.

Rajesh Kumar

Trump's Potential Meeting with Xi Jinping Gains Traction

chest

Traders on Kalshi are optimistic about a potential meeting between Trump and Xi Jinping this year, pricing in a 73% chance of occurrence.

Lucas Weissmann

Rekt Drinks' New Moon Crush Flavor Expected to Sell Out in Minutes

chest

Users on the prediction market Myriad are betting on whether Rekt Drinks' new Moon Crush flavor will sell out in under five minutes, reflecting the brand's growing hype.

Filippo Romano

Market Reactions to Federal Reserve Rate Cut

chest

Market reactions to the Federal Reserve's rate cut saw minimal changes in Bitcoin and Ethereum prices, while gold surged to a record high.

Tomas Novak

US Federal Reserve Cuts Interest Rates Amid Economic Concerns

chest

The US central bank has cut the federal funds rate by 0.25% in response to signs of economic faltering and pressure from President Trump.

Emily Carter

Metaplanet Completes Major Share Offering with Strong Investor Interest

chest

Metaplanet has successfully closed a 145 billion offering of 385 million shares with significant investor participation.

Анастасия Орлова

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.