Elon Musk "Who is the Inventor of Bitcoin"

Elon Musk, CEO of Tesla and SpaceX companies, made important statements about the inventor of Bitcoin, which still remains a mystery, in a podcast program he attended. Musk stated that the ideas behind Bitcoin mostly belong to Nick Szabo

As of the moment of writing this article, Bitcoin, one of which was traded at $ 47,700, and reached an all-time high by seeing $ 69,000 on November 10, still hosts a great mystery. It is still unknown who invented the cryptocurrency, which has been on the market since 2008.

Although we have heard many people who say or are said to be the inventor of Bitcoin, none of them have been true. A new and important statement came from Elon Musk, the CEO of SpaceX and Tesla companies, a name followed by the crypto money market, about who this inventor, whom we know by the name of Satoshi Nakamoto, is.

“Nick Szabo is most responsible for the ideas behind Bitcoin”

Elon Musk, who participated in Lex Freidman's podcast, denied the allegations that "Elon Musk could be Satoshi Nakamoto" made against him. Stating that he would not hide it if there was such a thing, Musk said, "Do you think it's a bug or a feature that he is anonymous?" After thinking for a long time, he answered his question as follows:

“You can study the evolution of ideas before bitcoin comes out and see who wrote those ideas. I don't know who produced Bitcoin for practical purposes, but the development of ideas was pretty clear before that and Nick Szabo is probably the person responsible for the development of these ideas more than anyone else. So even though he denies being Nakamoto, he seems more responsible than anyone else for the ideas behind Bitcoin.”

Who is Nick Szabo?

Nick Szabo, the person Elon Musk holds responsible for the ideas behind Bitcoin, developed a digital money mechanism known as Szabo Bit Gold between 1998 and 2005, known as the precursor of the Bitcoin architecture. The phrase 'Smart Contracts', which we hear a lot in the crypto money industry, was first said by Szabo in 1993.

While many people have long thought that Szabo is the inventor of Bitcoin, he has repeatedly denied these claims. Before Bitcoin debuted in 2008, Szabo was seen commenting on his blog about his "intention to create a living version of the hypothetical currency".