Cryptocurrency

Adam Back Says that One of the Wisest Things Satoshi Nakamoto did was to Leave

Blockstream CEO and Co-founder, Adam Back said in a tweet yesterday that Satoshi Nakamoto did one of the wisest things by leaving. He remarked that all those who could have been credible candidates for being the estranged Bitcoin creator have denied the claim, and those who did, are not credible at all.

The mystery behind the real face of Satoshi Nakamoto, who pseudonymously created Bitcoin, is one of the most interesting ones since the turn of the century. Many have claimed to be the creator, but none of them could ever prove it. Therefore, the Blockstream chief said that we will never likely know who the real Satoshi Nakamoto was or is.

Like any other discussion relating Satoshi by major crypto players, industry experts have reacted to Back’s comments. Samson Mow, CSO of Blockstream and CEO of Pixelmatic, agreed to Back’s statement, adding that anyone who claims to be Satoshi is not Satoshi.

Likewise, while responding to a tweet by Nik Bougalis, Ripple Director, Ripple CTO David Schwartz said that he doesn’t think that Bitcoin was created by a single person. He said,

David Schwartz said

When a Twitter user asked him whether he was Satoshi, Schwartz said that he found out about Bitcoin only in 2011.

Schwartz also added that he has been selling his Bitcoin holdings steadily over the past few years. He backed this by saying that though he still is bullish about Bitcoin, the level of risk has got him selling BTC.

Adam Billingsley

Adam Billingsley is a lead blockchain news writer at CryptonewsZ. His work revolves around the applications of blockchain technology and cryptocurrencies like bitcoin, Ripple, and other coins.

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