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When Bitcoin tops $ 10,000, Elon Musk denies being its creator

One of the biggest stories of 2017 was the rise in the price of Bitcoin, the cryptocurrency that is being touted as an alternative to gold and other investments. For years, many have wondered who the mysterious Satoshi Nakamoto, the creator of Bitcoin, is, in vain.

Isn’t it a person? Elon Musk.

In a tweet on Monday night, Musk denied being the creator of the cryptocurrency after a blog post by a former SpaceX intern claimed that the Tesla and SpaceX boss may be the creator of Bitcoin.


“Not true,” wrote Musk. “A friend sent me part of a BTC [bitcoin] a couple of years, but I don’t know where it is. “

The blog post stated that the source code for the cryptocurrency was written in C ++, a computer programming language, knowledge that Musk possesses.

However, Musk admitted knowing C ++ in a subsequent tweet.

Who is the creator?

The identity of Satoshi Nakamoto has been speculated for years. In 2016, Australian entrepreneur Craig Wright told the BBC that he was the creator.

Wright also wrote a subsequent blog post detailing his role in the development of Bitcoin.

“Rest assured, as you have worked, I have not been idle during these many years,” Wright wrote in the Post. “Since those early days, after distancing myself from the public figure who was Satoshi, I have put every measure of myself into research. I have been silent, but I have not been absent. I have studied with an extraordinary group.” and look forward to it. ” to share our remarkable work when they are ready. “

The blog post has since been removed, although others, including early Bitcoin programmer Gavin Andresen, believe that Wright is the creator.

In 2014, Newsweek wrote a story identifying Nakamoto as a then 64-year-old Japanese-American named Dorian Prentice Satoshi Nakamoto. After the story ran, a message was posted on the P2P website by a person who identified himself as Satoshi Nakamoto, claiming that he was not Dorian Nakamoto.

Newsweek later issued a statement after receiving heavy criticism of her story, saying she stood by the reporter and the story.

The value of bitcoin

According to the 2016 BBC report, Satoshi Nakamoto is said to have amassed a million bitcoins (only 21 million in total). At today’s prices that would be worth around $ 10 billion.

According to a recent report by Digital Trends, there are already around 16.4 million bitcoins in circulation, of which an estimated 3.7 million could be lost forever, valued at an estimated $ 30 billion.

Follow Chris Ciaccia on Twitter @Chris_Ciaccia

This story has been updated to reflect the price of one Bitcoin that has exceeded $ 10,000.

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