Has Bitcoin’s Founder Satoshi Nakamoto been Found in California?

The man, who is considered to be the creator of bitcoin, turned out to be a 64-year-old Japanese-American physicist whose name really is Satoshi Nakamoto, the Newsfeed has discovered.

A 64-year-old Japanese-American man named Satoshi Nakamoto is the real brains behind the bitcoin, a digital currency that has no physical form and lacks any ties to a country. Photo: g_yulong / Flickr

After month of investigation, the Newsweek author Leah McGrath Goodman has found the real person who stands behind the digital currency bitcoin. According to Goodman, it turned out to be a 64-year-old Japanese-American man, Satoshi Nakamoto.

Satoshi Nakamoto, a father of six living in the San Bernardino, is a graduate with a physics degree from California State Polytechnic University.

The journalist discovered that in the year of 1973 Nakamoto had changed his name to Dorian Prentice Satoshi Nakamoto and now signs it as Dorian S Nakamoto. To archive her aim, she searched all men with the name of Satoshi Nakamotos living in North America and beyond for one that matched the profile.

However, when she found DS Nakamoto, he was unwilling to confirm or deny his involvement with the cryptocurrency directly and even called the police when McGrath visited his house.

Nakamoto, however, briefly acknowledged his role in Bitcoin saying: “I am no longer involved in [Bitcoin] and I cannot discuss it. It’s been turned over to other people. They are in charge of it now. I no longer have any connection.”

The history of bitcoin can be traced back to a scientific paper written by “Satoshi Nakamoto” and quietly published via a cryptography mailing list in 2008. The author laid out a plan for an “electronic payment system based on cryptographic proof instead of trust.”

Although many year later the whole concept has been taken over by a thriving group of open source developers and the currency is growing in popularity and value.

Because of his early involvement in bitcoin, Satoshi is thought to be extremely wealthy. Even though he lives in a “modest, single-family home in Southern California” and drives a silver Toyota Corolla CE, he is allegedly worth an estimated $400 million. Nakamoto has been reluctant to spend his fortune, Goodman wrote, money his family could use. The reason might be simple: He does not want to participate in the Bitcoin madness, she noted.

The son of a Buddhist priest, he was described as secretive by his family and said to have worked on classified projects for the US military and as an engineer at Hughes Aircraft. Nakamoto’s youngest brother, Arthur Nakamoto, shed more light on the Bitcoin creator.

He said: “You want to know about my amazing physicist brother? He’s a brilliant man. I’m just a humble engineer. He’s very focused and eclectic in his way of thinking. Smart, intelligent, mathematics, engineering, computers. You name it, he can do it.”

Arthur also discussed his brother’s other side: “My brother is an asshole. What you don’t know about him is that he’s worked on classified stuff. His life was a complete blank for a while. You’re not going to be able to get to him. He’ll deny everything. He’ll never admit to starting Bitcoin.”

As the Guardian reports, some in the bitcoin community are wary of the claim – and the desire to uncover Nakamoto in the first place. Bitcoin’s lead developer, Gavin Andresen, who is quoted extensively in the piece, says he is “disappointed Newsweek decided to dox the Nakamoto family”, and that he “regret[s] talking to Leah”.

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