NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Celsius Founder Alex Mashinsky Receives 12-Year Prison Sentence
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Celsius Founder Alex Mashinsky Receives 12-Year Prison Sentence

Bitcoin Foundation Responds to Satoshi Nakamoto Exposé

newsbtc
newsbtc
11 years ago
2 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Bitcoin Foundation Logo

There’s no doubt about the fact that the bitcoin community has voiced their opinions on a Newsweek exposé of the alleged Satoshi Nakamoto (long story short: outrage and disappointment) by Leah McGrath Goodman, but now the Bitcoin Foundation is chiming in.

“Today we have seen heightened media speculation on the identity of Satoshi Nakamoto,” the advocacy group writes in their response, entitled We Are All Bitcoin. “As of this writing, we have seen zero conclusive evidence that the identified person is the designer of Bitcoin.  Those closest to the Bitcoin project, the informal team of core developers, have always been unaware of Nakamoto’s true identity, as Nakamoto communicated purely through electronic means.”

The foundation took the opportunity to remind the community that “There was no need to know and trust Satoshi Nakamoto.  The design stood by itself, open to inspection by all. Satoshi Nakamoto ultimately created a ‘language’ of sorts with the bitcoin protocol.”

The post, by Jeff Garzik, continues:

Satoshi’s identity may or may not be revealed in time.  Based on current research from Sergio Lerner, Satoshi does not appear to have moved or spent any Bitcoins.  Satoshi is unlikely to be sitting on a beach in Tahiti, next to a multi-million dollar mansion.  Satoshi is unlikely to be prepared for determined, potentially violent thieves and curiosity seekers.  Curiosity in Satoshi’s identity is understandable, but please consider responsible disclosure, and the danger such a revelation may generate.

It just about sums up the community’s reaction, less the anger. But regardless of who Nakamoto is or isn’t, we’re reminded that Goodman’s piece, while interesting, is irrelevant.

“The Bitcoin protocol would not exist without Satoshi, who is without question a brilliant designer.  However, Bitcoin will endure well past Satoshi, as Bitcoin is everyone who uses it, not just one person.”

Read the full post on the Bitcoin Foundation blog.

Tweet123Share196ShareSend
newsbtc
newsbtc

newsbtc

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Bitcoin price

Is Bitcoin Price Heading To $137K? Market Expert Says BTC Broke Out Since Nov. 2024

After a somewhat sluggish start to 2025, the Bitcoin price has begun to impress in the year’s second quarter. The...

Opeyemi Sule 6 hours ago
Ethereum

Here Are 5 Reasons Ethereum May Reach $12,000 In 2025 – Analyst

Ethereum prices have surged by over 19% in the past day, reaching almost $2,500 as a general crypto market resurgence...

Semilore Faleti 8 hours ago
Bitcoin

Bitcoin 6-Month Flight Plan To $188,000, Here’s The Roadmap

With Bitcoin back above $100,000, crypto analyst Leo Hart has released a 6-month roadmap on the flagship crypto’s journey to...

Scott Matherson 9 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Trump

3.5 Million TRUMP Tokens On The Move—Trump Team Makes A Big Play

Christian Encila 31 minutes ago
Bitcoin

Bitcoin Advanced NVT Sits Above This Critical Threshold — What It Means For Price Action

Opeyemi Sule 3 hours ago
Bitcoin

Bitcoin ETFs Hit $40 Billion Inflows, Setting Historic Crypto Record

Christian Encila 5 hours ago

Premium Sponsors

Top Brands

Press Releases

  • BTC breaks through $100,000 and market value exceeds $2...

    5 hours ago
  • XRP, DOGE Price Prediction: How to Make $8,700 a Day with...

    7 hours ago
  • BTC breaks through $100,000 again – SIX MINING users...

    11 hours ago
  • Automated Crypto Profits: How KSD Miner Leverages BTC and...

    12 hours ago
  • BTC: How BTC Cloud Mining using AI Agents is Quietly...

    13 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.