Newsweek claims it found the creator of Bitcoin, but its subject denies involvement

Who was the creator of Bitcoin? Officially, the online currency that's been in the news a lot lately was first created by a person named "Satoshi Nakamoto" in 2009, but until this week most people believed that name was a pseudonym for another person, or possibly for a group. Now Newsweek is reporting that it has located Bitcoin's creator and his name happens to be Dorian Prentice Satoshi Nakamoto.

Newsweek's article is also the cover story for the first print edition of the relaunched weekly news magazine; the publication previously ceased its print operations in December 2012. The story claims that the 64 year old Japanese man it found in the California mountains is indeed the person who came up with Bitcoin.

But is that really true?  Newsweek's story quotes Nakamoto as saying, "I am no longer involved in that and I cannot discuss it." That would seem to imply he did have a hand in creating Bitcoin. However, in a new interview he has since given to the Associated Press, Nakamoto has denied any involvement with creating the currency. Indeed, the former engineer says he had never even heard of Bitcoin until three weeks ago, when his son told him Newsweek was trying to contact him.

Nakamoto also denied the meaning of the quote that Newsweek attributed to him, saying that what he meant what that he was no longer involved in engineering. He added, "It sounded like I was involved before with Bitcoin and looked like I'm not involved now. That's not what I meant." The AP story even says Nakamoto mispronounced Bitcoin a number of times during their interview, calling it "Bitcom."

The author of the Newsweek story, Leah McGrath Goodman, stands by the content of the original article and the brief exchange with Nakamoto, saying, "There was no confusion whatsoever about the context of our conversation and his acknowledgment of his involvement in Bitcoin."

All very mysterious indeed!

Source: Newsweek and AP via Yahoo | Bitcoin image via Shutterstock

Report a problem with article
Previous Story

Twitter bans 'explicit sexual content' on Vine, says some forms of nudity are OK

Next Story

Absolute LoJack Challenge: What if you lost your cell phone?

24 Comments

Commenting is disabled on this article.

Might be the right guy but the "investigation" that led to the "discovery" is so full of holes it's not even funny.

If it's NOT him, the conduct of the "journalist" involved is even more lamentable.

In addition...does finding him matter at all? I guess it might if you want to knock him off and steal his hard disks which presumably contain the keys the kingdom (and lots of valuable bit coins)

This is obvious lies to try to cover this #### up. He comes out of nowhere, no one able to confirm this account isn't Dorian's or one of his pals, to say .. "I did not have sex.. with that women, Miss Lewinski". (remember how obvious Bill Clinton's lie was?) lmfao.

Lmfao. Caught in a lie is what I say. He even called the cops, seemed prepared for a fight.. indicating he was scared as #### that he'd been found out and a reporter was coming after him.

I think everything he says now is a backtrack lie to cover up his first response .. including pronouncing Bitcoin as Bitcom. For that to be legit he'd have to be demented and senile, but it doesn't sound like it. He sounds active, fit, and capable. And like he knew what Bitcoin was the first time they approached him. Lmfao.

Soo..... wouldn't it be a simple matter to do an internet history search to find out what websight FIRST mentioned bitcoin.. I mean, its IS a ONLINE ONLY currency, so someone had to mention it for the FIRST TIME on the INTERNET.. So more then likely the very first person to ever mention it on the internet is likely the inventor... I mean... wtf...

Yeah, wtf indeed. Obviously by your nick above I know your real name/identity, where you live and everything else necessary to track you down, forget the fact that you are most likely not using a VPN, TOR or anything else to mask your identity (IP).

Journalism at its finest. "We've found the him. He denies it, and disagrees with our interpretation of a very loose statement, but we found him!"

He was found and even reacted like he'd been found. Literally confirming he had created it but was no longer involved. And he called the cops because he was scared they found him, wanted to use force to get rid of them.

Come on. Everything this dude says now is a lie to backtrack everything, hope he can at least split peoples beliefs. He's basically just lying now..

nullie said,
He was found and even reacted like he'd been found. Literally confirming he had created it but was no longer involved. And he called the cops because he was scared they found him, wanted to use force to get rid of them.

Come on. Everything this dude says now is a lie to backtrack everything, hope he can at least split peoples beliefs. He's basically just lying now..


If a reporter was hounding me, I'd call the cops also. Frankly, I'd rather see Newsweek proven to have published a false story then some random guy who wants to be left alone proven to have written a particular piece of software.

I don't really care whether or not that guy created Bitcoin, but at this point I'm leaning more towards the idea that he didn't.

nullie said,
He was found and even reacted like he'd been found. Literally confirming he had created it but was no longer involved. And he called the cops because he was scared they found him, wanted to use force to get rid of them.

Come on. Everything this dude says now is a lie to backtrack everything, hope he can at least split peoples beliefs. He's basically just lying now..

I just knew this comment was yours as I was reading it, even though I hadn't looked at who wrote it. Another one to add to your conspiracy theory list.

You would literally have to believe everything he said and that was documented by Newsweek was a lie to believe anything this guy is saying now. And knowing how big the conspiracy is to keep this guy hidden, and how far he's gone; like I think he would lie now to take back his words.

In another post, I said something about how he had paranoid guilt. Basically, he had figured the Newsweek reporter knew everything just by approaching him, and being paranoid, let slip his story of defense when she approached, "I left the project long ago" .. Just like the official story is of Satoshi, where he decided to turn it over to the public to manage, after he designed all the original code to make it all work.

In another post, I came up with:

I think he had paranoid guilt inside the first time they approached. Do the analysis:

1. Newsweek starts up their investigation.
2. Contacts family members.... tipping him off.
3. Newsweek approaches, Dorian is paranoid as ####, calls the cops and expects that Newsweek knows. He clearly backs up the story of Satoshi, "I have nothing to do with that anymore, I turned it over to the public to deal with long ago".
4. Dorian reads Newsweek articles, realizes they had no more proof it was him other than his statements, decides to try to change his responses and deny he said anything about it. Obviously, he's lying though, because he's trying to pretend he's a senile cook and that nobody will notice ...
5. ???
6. Profit by making #### up..

Who cares? Are they trying to blame him for Mt Gox loss? BitCoins work, security of Mt Gox didn't... We don't know who invented money and yet we still are very alive. We don't need to know who invented BitCoins.

WAR-DOG said,
Who cares? Are they trying to blame him for Mt Gox loss? BitCoins work, security of Mt Gox didn't... We don't know who invented money and yet we still are very alive. We don't need to know who invented BitCoins.

The real Satoshi Nakamoto supposedly has about 800K bitcoins in his possession. That's a lot of money. People do crazy stuff to get their hands on lots of money.
So this 'journalist' endangered this mans life, regardless of whether he is the 'inventor' of Bitcoins.

Bamsebjørn said,

The real Satoshi Nakamoto supposedly has about 800K bitcoins in his possession. That's a lot of money. People do crazy stuff to get their hands on lots of money.
So this 'journalist' endangered this mans life, regardless of whether he is the 'inventor' of Bitcoins.


Well to be fair if he really is Satoshi and has that kindoff money on his hands, I'm sure the IRS will get to him first.

WAR-DOG said,
Who cares? Are they trying to blame him for Mt Gox loss? BitCoins work, security of Mt Gox didn't... We don't know who invented money and yet we still are very alive. We don't need to know who invented BitCoins.
Didn't the Babylonians or Roman's invent the monetary system? because anything before that are trading or bartering.

What journalism?
Nowadays everybody is trying to be faster than a blogger. And nothing is fact checked anymore.
It's all for the quick cheap thrill, e.g. FOX News LOL!!

Dutchie64 said,
What journalism?
Nowadays everybody is trying to be faster than a blogger. And nothing is fact checked anymore.
It's all for the quick cheap thrill, e.g. FOX News LOL!!

I just wanted to make fun of your Screen name. Every heard the song...PAss the Dutchie from the left hand side...lol

Regardless if he is THE Satoshi, she's a shill and a hack for exposing someone who clearly didn't want attention in the first place. It's made worse if he isn't the real Satoshi; all this unwanted attention and people prying in this mans life..... very irresponsible journalism

heslo said,
Regardless if he is THE Satoshi, she's a shill and a hack for exposing someone who clearly didn't want attention in the first place. It's made worse if he isn't the real Satoshi; all this unwanted attention and people prying in this mans life..... very irresponsible journalism
Well that is media in general. After all, the media are just another form of evil corporations who need to make money. All the news about Bitcoin lately has been bad. So finding its founder would certainly be a huge seller. Right?

Because bad news sells better than good news...right?