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New Theory: Jack Dorsey as the Real Satoshi Nakamoto

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by Giorgi Kostiuk

6 hours ago


Recent days have seen the emergence of a new theory regarding the mysterious creator of Bitcoin, Satoshi Nakamoto. Some experts believe that Jack Dorsey, co-founder of Twitter, could be the actual creator of the first cryptocurrency.

Who is Jack Dorsey?

Jack Dorsey is a well-known tech entrepreneur, most famous as the co-founder of Twitter. He is also a co-creator of Square (now Block Inc), a company that has significantly expanded its cryptocurrency services. Dorsey is a vocal advocate for Bitcoin and cryptocurrency technologies. After stepping down as CEO of Twitter in 2021, he has focused on leading Block and promoting decentralized technologies.

The Evidence

Matthew Sigel, Head of Digital Assets Research at VanEck, quoted a post by Sean Murray on X, who provides a comprehensive list of evidence suggesting Dorsey is Satoshi. Some of the points include:

- Dorsey was part of a group called the cypherpunks in 1996. - In 2001, he wrote about wanting to introduce significant changes anonymously. - In a blog post, he joked about creating a network for drug dealers, later a critique of Bitcoin's use.

These and many other listed facts form a narrative that some find compelling.

While not definitive, the breadth of these connections is compelling and worthy of further scrutiny.Matthew Sigel

Potential Impact

While this theory might seem more convincing than most, it remains contentious. The key questions are how to confirm or debunk this theory and what implications it might have for the crypto industry if Dorsey is indeed Satoshi Nakamoto. The potential consequences could include Bitcoin price drops due to selling fears or withdrawal of support.

Although the theory that Jack Dorsey is Satoshi Nakamoto is just one of many possibilities, it raises numerous questions and discussions. It remains to be seen whether further research can shed light on this mystery.

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