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Bitcoin creator outed by reporter

By Allison Ross · Bankrate.com
Thursday, March 6, 2014
Posted: 4 pm ET

As the buzz about Bitcoin continues to reach an ever-higher pitch, a reporter at Newsweek has apparently managed to find the mysterious creator of the cryptocurrency, Satoshi Nakamoto.

Using public records and interviews with sources, she found the publicity-averse 64-year-old man living in California, and even has a picture of his house and of him in the article.

The story is an interesting one, as it finally puts to rest some questions about the origin of the cryptocurrency that has inspired such interest and controversy.

The unveiling lit up Twitter and Bitcoin message boards on Reddit and elsewhere, with some expressing denial at the report and others angry at Newsweek reporter Leah McGrath Goodman for "doxxing" him. Doxxing is a term for posting personal information about someone on the Internet.

Bitcoin lead developer Gavin Andresen, who was interviewed for the article, tweeted this morning:

Others have expressed gratitude to the reporter for sharing the story:

What does the unveiling of Nakamoto mean for Bitcoin? Probably not a whole lot.

Bitcoin prices did not appear to react much to the news, and it's unlikely that Nakamoto's unmasking will affect whether the average consumer will get involved in the cryptocurrency.

Still, it's a natural tendency to want to know and understand the back story, to hear how something came about, to be given a good tale to delve into. In a tweet, Goodman says that "this man invented something that shaped our world."

Do you care who founded Bitcoin?

Follow me on Twitter: @allisonsross.

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