• 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

9 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

Eutelsat's Stock Plummets After SoftBank's Massive Sell-Off

chest

Eutelsat's shares dropped significantly following SoftBank's sale of 36 million rights, equating to approximately 26 million shares. The stock plummeted by 72% in early trading, raising concerns about the company's future as it struggles to compete with Starlink.

user avatarKofi Adjeman

The Three Pillars of Trust in Brokerage Explained

chest

A recent report outlines the Three Pillars of Trust that define a secure brokerage environment, including regulatory authority, capital protection mechanisms, and investor insurance.

user avatarNguyen Van Long

Discover the Top 7 Regulated Brokers for 2025

chest

A report identifies the top seven regulated brokers for 2025, focusing on those with strong Tier 1 licensure to help traders choose secure platforms.

user avatarSatoshi Nakamura

Why Regulatory Compliance is Crucial for Traders

chest

Traders must prioritize regulatory compliance over competitive pricing when selecting brokers to ensure capital preservation and protect against counterparty risk.

user avatarJesper Sørensen

Build on Bitcoin Expands to Multichain with ICP Launch

chest

Build on Bitcoin has launched on the Internet Computer (ICP), securing over 7,000 wallets and aiming to become a DeFi hub for Bitcoin.

user avatarRajesh Kumar

Global Fintech and Crypto Regulations Tighten

chest

The global regulatory landscape for fintech and crypto is becoming increasingly stringent, impacting businesses operating across borders.

user avatarFilippo Romano

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.