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Elon Musk denies being Satoshi Nakamoto; says he “obviously” doesn’t know the creator of Bitcoin

Elon Musk, known to influence the price of cryptocurrencies through his tweets alone, has made it clear that he is not Satoshi Nakamoto, the anonymous person or group of people believed to have invented Bitcoin. Although Tesla CEO Elon Musk is still one of the most eminent figures in support of cryptocurrencies, he stressed in a podcast with Lex Fridman that he didn’t invent Bitcoin while arguing that the person’s identity is not as important as that Development of the ideas that led to cryptocurrency. Musk even suggested that Nick Szabo was “probably more” responsible for developing ideas.

The debate over the identity of Satoshi Nakamoto is still open and people have made different speculations about the person or individuals behind the invention of Bitcoin since the introduction of the cryptocurrency. However, Musk, previously suggested as the Bitcoin inventor, has openly denied the claim.

In a podcast with Lex Fridman, Tesla CEO was asked if he was “sure” not Satoshi Nakamoto, and the billionaire repeated his rejection. Noting that Musk had rejected the proposals back in 2008, Fridman asked if the SpaceX founder would tell the world if he was the inventor of Bitcoin. In response, Musk said, “Yes”.

Elon Musk emphasized that the “evolution of ideas” is important

It should be noted that Musk discussed the secret of Bitcoin’s creator Satoshi Nakamoto, arguing that the person’s true identity is not as important as developing the ideas that led to the cryptocurrency. According to the CEO of Tesla, the crypto pioneer, Nick Szabo is driving the development of cryptocurrencies.

Musk told the podcaster and artificial intelligence researcher, “You can look at the evolution of ideas before Bitcoin was launched and see who wrote about those ideas.

Fridman had initially asked if it was a feature or a bug where the identity of Satoshi Nakamoto was unknown. Musk said, “It’s an interesting quirk in human history that there is a certain technology that is a completely anonymous inventor.”

Musk “obviously” doesn’t know who created Bitcoin

“Obviously I don’t know who created Bitcoin … it seems like Nick Szabo is probably more responsible than anyone for developing these ideas,” he said, adding that Szabo “claims not to be Nakamoto … but” he seems to be more responsible for the ideas behind it than anyone else. ”

In addition, Musk said to Fridman, “Maybe individual characters aren’t even as important as the characters involved in developing ideas that led to things… It’s sad to think about the story, but maybe most of them become names forget. What does it mean, it’s a name, a name that is connected to an idea. What does it mean anyway? “

About Nick Szabo, Satoshi Nakamoto

Nick Szabo is known as the inventor of one of the predecessors of Bitcoin, “Bit Gold” and digital smart contracts, which eventually became the crucial part of the Ethereum blockchain. Szabo has also denied he is Satoshi Nakamoto, telling financial writer Dominic Frisby in 2014, “I’m afraid you got yourself wrong about numbing me as Satoshi, but I’m used to it.”

While cryptocurrencies have caught the attention of the whole world, the disappearance of Satoshi Nakamoto shortly after the introduction of Bitcoin sparked a range of speculation. Nakamoto’s anonymity sparked a broader cryptocurrency gold rush that resulted in the creation of thousands of different coins. However, the secret of the person’s identity has helped Bitcoin become an independent decentralized technology.

(IMAGE: AP / Unsplash)

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