Satoshi Nakamoto: The Mysterious man behind Bitcoin

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Avatar for Lucifer01
2 years ago
Date: 19th February, 2022
Saturday

Happy Saturday my friends. Tomorrow will be the holiday. So pre-holiday, let's begin with a story. Like all casual stories, it will start like this way, ' Once upon a time'. So please, stay relax and concentrate on the story which starts right now.

Once upon a time there was a man named Satoshi Nakamoto and the world changed.

The end of the story. Are you surprised or thinking that the Devil may have tell you a joke? Well, this is the holy truth and the story is alone enough to tell you an entire chapter. See? There is line like changing world, right? What if I tell that this name actually changed the world and the economic stats by adding a new currency, Crypto. The rise of Bitcoin. Now you are curious. Shall I elaborate it?

source: unsplash.com

Bitcoin: A peer to peer electronic cash system. In 2008, when the world was facing the worst economical downturn, a mysterious name headlined in news. Yes, Satoshi Nakamoto. This name introduced us with the cryptocurrency. No one knew the actual identity of this name. Is it a person or an organisation or combined name of some persons or groups? Still no one has accurate answer. But Nakamoto published a pdf version of white page in which he explained the stats of Bitcoin and the possibility of exchange along with central banks. It can overtake it! Now tell me, who will not be moved by it? Besides, the transaction process will allow extra layer of security as the coins will be made in cryptic codes. The daring proposal touch the high point when Nakamoto suggested that the entire transaction records will be in an open server so that anyone can check! It’s an transparent exchange. Jaw dropped?

From 2008 to 2011, he was active in Bitcoin community as he was spreading the positive vibes of Bitcoin. But after 2011, he announced that he will resign from it & he did. But the pace of Bitcoin was already at high peak. It continued it’s journey. In spite of inactive, people do believe that he still controls it and have around 5% ownership of Bitcoins in this world. That's more than 10 billions!

source: unsplash.com

Hide and seek continues as many people were questioned and doubted as Satoshi Nakamoto. But in the end, there was no solid proof to prove it. Now we all have questions, who is this guy? Why he hides? Different times, different people were demanded as him but they rejected the allegations. The reason is simple. Who wants legal actions against them, huh? The world economy stated that it will break down the United States economic chain. So agencies are against it. Handling those legal actions aren’t easy and for these reasons, the person or institution behind the name never came forward to accept it but always active in actions.

Let me take you to a country named Hungary. Renowned name, right? Budapest, capital of the country where flows a river Danube. You will find a bronze statue there. A statue wearing hoodie like something with no eyes and ears. The shinny statue reflects the face of the person whoever stands in front of it. There is a logo of Bitcoin on the hoodie. What explains this one? You have any idea? Let me help you a little bit. Anyone can reflect & be a part of Satoshi Nakamoto's dream. The reflected face explains this. The makers did a great job. In this modern age where hiding is impossible, this name just made it a joke. Because still this amazing invention's creator has no face to have the credit! He feels like remaining hide & unknown is a best option.

In 2022, we are now in a world of crypto-currencies. Too many coins & more to come. But the craze for Bitcoin never slowed down. It randomly gained it's pace. As per reports, the current prices of all Bitcoins are more than one trillions of USD. A mysterious name just changed the entire world. Who is Satoshi Nakamoto?

  • All the pictures including the lead one are used from unsplash.com

Thanks for being with me.

©Lucifer01

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2 years ago

Comments

He is a brilliant man.. and thank you dear for this information.

$ 0.02
2 years ago

I'm honoured to give you some info. Good to see my heart.

$ 0.00
2 years ago

There's are speculations about the identity of this great man. I wonder y he still remains anonymous up till now.. some say he's Elon musk. Well, I would love him to be unmasked soon. Lol

$ 0.02
2 years ago

I don’t think so. Elon Musk is not that person. This man is someone else.

$ 0.00
2 years ago

Woah thank for this information now I know, this is very beneficial for me for to know who is it behind of this platform.

$ 0.02
2 years ago

We all are helped by him. That's really impressive.

$ 0.00
2 years ago

This story now want me to make my research on satoshi, are you telling me no one know who he his.., though I enjoyed the story, very interesting

$ 0.02
2 years ago

No one dear. You can look more about it.

$ 0.00
2 years ago

Ok sir.. I will

$ 0.00
2 years ago

Thanks to this so called person. And thankyou for this info. It was infact a gud useful read.

$ 0.02
2 years ago

Indeed dear. Thanks a lot.

$ 0.00
2 years ago

This man deserves an oscar award for his brilliant work and dedication. Bitcoin is top notch the best cryptocurrency to invest in.

We are living in a world that might turn all cryptocurrency with no cash.

$ 0.02
2 years ago

It will happen soon. Just wait for next 10 years or less. Everything will be changed.

$ 0.00
2 years ago

That's interesting. He didn't show up and maybe that's for his safety. But thanks to him for introducing cryptocurrency.

$ 0.02
2 years ago

Indeed dear. We are having the benefits.

$ 0.00
2 years ago

Thanks to him, we benefit what he discover.

$ 0.02
2 years ago

The whole world is thankful to him.

$ 0.00
2 years ago

I agreed with you dear

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2 years ago

REALLY MATE???!!!😮😯 This is really jaw dropping. I can't believe it up until now.. 👏👏👏🤩

$ 0.02
2 years ago

That's true dear. You can check the facts.

$ 0.00
2 years ago

no one knows wha Satoshi nakamoto looks like, hehehe. i guess he wants to be anonymous to enjoy life freely.

$ 0.02
2 years ago

It’s better for him. And for us too. It will be remain a mystery.

$ 0.00
2 years ago

yup, i think so too

$ 0.00
2 years ago

Me and my younger brother talk about this yesterday, just he said that the bigger countries like America hold it. But we don't know the real origin.

$ 0.02
2 years ago

Exactly dear. We don’t know about the actual origin. You researched about it?

$ 0.00
2 years ago

Oh really it's you. I am shocked mate. However, it was good to know some new information. good job. Satoshi Nakamoto,I think he is the founder of the whole cryptocurrency.

$ 0.02
2 years ago

Hello mate. Yeah, it's me.

$ 0.00
2 years ago

Thank you for welcoming us to the beginning of Sunday. You have discussed many valuable things. Cryptocurrency in today's world The use of Bitcoin, a very well known coin, is very fast. Demand for this specialty has grown significantly as a result of recent corporate scandals. In fact, the beginning is very difficult, but the implementation can be greatly improved to the last stage, If it is the main goal of the right human context, Thank you.

$ 0.02
2 years ago

Yes my friend. You are right. It was difficult at first.

$ 0.00
2 years ago

Thank you for your kind words. I am new to you and I wish all of you loyalty and encouragement because with your encouragement I can reach my goal. I'm interested in learning about current cryptocurrencies. I will be able to achieve the next path through your cooperation.

$ 0.00
2 years ago

Your summary is certainly very apt and definitely made me laugh: "Once upon a time there was a man named Satoshi Nakamoto and the world changed." The concept of Bitcoin and cryptocurrency is certainly changing the world. Sometimes I wonder if we will ever know for sure who he is, and if we do, would it matter?

$ 0.02
2 years ago

Then the world economy will collapsed. The agencies will file cases on his. Although he did a good job. We are helped by it.

$ 0.00
2 years ago

Before, I was wondering what's with satoshis something because I saw it one time when I was using a payinh app, I just realized not so long ago that satoshis was named from the one who crafted it. So jawdropping.

$ 0.02
2 years ago

See? People don't know the actual history. But now you have a little knowledge about it.

$ 0.00
2 years ago

It is a mystery, but a great job. I never wondered who was behind it. This is interesting Luci.

$ 0.02
2 years ago

The cryptocurrency is the mystery itself. How easily we exchange without touching the actual money.

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2 years ago

He's like Batman who is a playboy by day and a super hero at night.

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2 years ago

Best example of the day. Yes, I agree.

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2 years ago

I am really curious about this man. I want to look his face luci. He change everything. He did a good job. It's my first time to hear his name "Satoshi Nakamoto".

$ 0.02
2 years ago

The mysterious man never revealed his identity. No one step forward & proved that the myth is true. That's why no official statement.

$ 0.00
2 years ago

Ah okay luci. He's doing great.

$ 0.00
2 years ago

I always wonder what nakamoto would look like,he hid his identity due to the legal actions they would ask from him, he did a great job back then by creating a digital currency which everyone can have access to and use,kudos to him.

$ 0.02
2 years ago

The world is benefitted enough. Look at us. We are happy, right? But if he comes out now, everything will go down.

$ 0.00
2 years ago

Hi Lucy! I wanted to upvote 0.05 BCH please 🥺

$ 0.02
2 years ago

Relax. Problem solved. I'm there for you. It was an accidental click. I understand.

$ 0.00
2 years ago

Interesting. This Bitcoin story is a never give up motivation to me. Thanks to Satoshi and I give him all the credit for coming up with this present future

$ 0.00
2 years ago

That's the evolution dear.

$ 0.00
2 years ago

He made a history and a living legend, hats off to the man.

$ 0.02
2 years ago

We are benefitted. Just see for the next 5 years. There will be a massive rise of it.

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2 years ago

InshaAllah I hope this benefits never end.

$ 0.00
2 years ago

Hello to you my dear here is a Saturday night and tomorrow is a Sunday and this is absolutely great for us to make it more outstanding and great day also Cryptocurrency at this time all over the world and it's really having a place and make it more suitable for us

$ 0.00
2 years ago

Dear Lucifer, the story you told was very interesting to me. I had heard Satoshi's name but didn't know anything about him. He must have had a genius character, which led to the emergence of Bitcoin.

$ 0.02
2 years ago

The world economy got a pace. See? We are dealing with crypto, not local currency.

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2 years ago

I am glad he didn't reveal his identity- leaders would want him dead because he is the greatest Robinhood of all times. Not that he stole the money but he freed us from most of the financial manipulation and burden.

$ 0.02
2 years ago

That's the better thing dear. So happy to see you here.

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2 years ago

Thanks, cousin. Gonna give this a shot.

$ 0.00
2 years ago

The inventions of crypto currencies has really brought a new change to our dear lives . Thanks to Sir Satoshi Nakamato for his great taught on developing crypto currencies that really awesome

$ 0.02
2 years ago

At least, we are having the best thing in life. The evolution of crypto currency started with him.

$ 0.00
2 years ago

I must say that I admire his vision. And the fact that he actualized his idea and has changed the world in his own way. Very impressive

$ 0.02
2 years ago

The world is thankful to him. We are happy because we are thankful too.

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2 years ago

2013 when I started searching for this man. He was ned and a picture was shown in Google but it says that's not Mr. Nakamoto and that is only a pseudonym.

$ 0.02
2 years ago

So I'm not the only one who looks for the truth. Well, I'm impressed.

$ 0.00
2 years ago