Who is Satoshi Nakamoto?
Who is Satoshi Nakamoto? Honestly, I don’t know. I don’t know whether it’s a man, a woman, a group of scientists, the CIA, a dog, or an alien. Satoshi Nakamoto could be any one of us (which he himself may have unintentionally caused with his mysterious disappearance and strong emphasis on privacy). The only thing I can say with certainty is that it is not Craig Wright (based on the ruling of the London court in March 2024).

Many “hunters” have tried to find Satoshi Nakamoto, and I honestly think even government agencies. By managing to perfectly protect his identity, he achieved something that most alternative cryptocurrencies (altcoins) have not. No one knows who created Bitcoin, and therefore no one can order it to be shut down or imprison its creator (not that it would be technically possible to shut Bitcoin down).

Satoshi became a legend, and so every owner of Bitcoin, or even its smallest unit (sats – named in honor of its creator), can claim that they too are Satoshi Nakamoto.

He caused a breakthrough in the world of finance by creating blockchain technology, which allows secure transfer of funds (sats) without regulation by a third party (a government or a central bank). This is what makes Bitcoin so unique – it is unregulatable (even though many people try), its essence cannot be changed, and it cannot be switched off.

Satoshi was the first person to start mining bitcoins (don’t worry, we’ll explain mining in a later chapter). He made the first transaction, and to this day, about 1 million bitcoins remain stored in his wallet, untouched since his disappearance in 2010.

Even though we haven’t heard from him for more than 15 years, his legacy has not disappeared. He doesn’t need a statue, a name in textbooks, or a star on the Walk of Fame. He left behind something much stronger – a system that cannot be shut down.

Today, anyone who owns Bitcoin has the right to say: “I am Satoshi too.” And that is where the power of Bitcoin lies – in anonymity, independence, and resilience that cannot be confiscated or silenced.

Bitcoin survived because no one can destroy its core.
And thanks to the technology Satoshi created – the blockchain – it will continue to live on.
Permissionless. Uncompromising.