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: Bitcoin Price Tumbles Toward $98,000: What’s Driving The Drop And What Lies Ahead
  • 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: Bitcoin Price Tumbles Toward $98,000: What’s Driving The Drop And What Lies Ahead

Bitcoin Foundation Responds to Satoshi Nakamoto Exposé

newsbtc
newsbtc
Last Updated: October 7, 2020 11:39 am
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

Bitcoin Exchange Inflow Hits $2 Billion As Profit-Taking Phase Lingers

After days of intense bearish action, the price of Bitcoin appears to be entering a calmer state, as it recovers...

Opeyemi Sule 10 hours ago
Crypto krach : 1 Md$ liquidés en 24 h sur BTC, ETH, SOL.

Crypto krach : 1 Md$ liquidés en 24 h sur BTC, ETH, SOL

Un nouveau raz-de-marée de liquidations vient de frapper le marché crypto. En vingt-quatre heures, plus d’un milliard de dollars de...

evanss 12 hours ago
Bitcoin

Bitcoin Local Bottom To Fall Between These Two Levels – Analyst

The Bitcoin market remains in a prolonged correction phase, registering a 10.4% price drop in the last seven days.  As...

Semilore Faleti 12 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

Bitcoin Price Wobbles Below Resistance

Bitcoin Price Tries Rebound Move as Dip-Buyers Step In Cautiously

Aayush Jindal 3 hours ago

比特幣價格預測|80,500美元成關鍵買入區 新BTC幣強勢吸金引爆新百倍幣热潮

Kelvin Lee 5 hours ago
Bitcoin

Bitcoin Veterans Cashing Out Could Trigger Deeper Losses, Schiff Claims

Christian Encila 8 hours ago

Premium Sponsors

Press Releases

  • Gemini AI

    Gemini AI dự đoán xu hướng crypto lớn nhất năm...

    5 hours ago
  • Giá MemeCore bùng nổ – PepeNode

    Những meme coin tiềm năng sẽ dẫn đầu năm 2025...

    6 hours ago
  • Best crypto presale now

    Crypto tốt nhất để mua ngay bây giờ: Bitcoin...

    6 hours ago
  • Các Đồng Coin Tiềm Năng

    Liệu các alt coin hàng đầu như Pepenode có bứt...

    6 hours ago
  • 仮想通貨投資の注目候補:2025年に台頭するビットコイン系レイヤー2は次の主役となるか

    ...

    16 hours ago

Newsletter

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.