Why is Satoshi Nakamoto hiding?


After
the emergence of the Mortgage Crisis in 2008, Bitcoin entered our lives with  the article published under the name of Satoshi Nakamoto and gradually expanded its sphere of influence. Although the essence of the article was based on bitcoin, the system he signed up for was the blockchain technology that would enable digital transformation worldwide. The author of the article that started this digital revolution was never physically recognized.

Nakamoto, who created the first block (Genesis) and the first bitcoins based on the article, first created 50 BTC. The identity of Nakamoto, who was never revealed, is not known even if he was a group or a single person. As the findings were combined, it was revealed that the preparation process of bitcoin dates back to the 1990s and that among the pioneers were David Chaum and Stefan Brands (developers of e cash protocols), Adam Back (developer of hashcash), Nick Szabo (founder of BitGold). Although it has been talked for a long time that Nakamoto may be one or more of these people, no definite results have been obtained.

One of the reasons Nakamoto didn’t show up may be that the outspoken criticism of central banks and the system in the article could have created accusations. On the other hand, the fact that the American responsibles approached those interested in crypto money within the scope of the crime increased the necessity of concealment in the following process. In addition to all this, there are those who think that their purpose is only to add an air of mystery. In this way, it has been argued that Nakamoto may not have wanted to come out after the idea that there was no need for authority in bitcoin, where he argued that transactions could be made without the need for a third party. Finally, there are groups that say that Nakamoto is actually the CIA and that he does not want this situation to be revealed because it could have a negative impact if it is understood.

Nakamoto has not been heard from since he emailed Mike Hearn in April 2011, but the allegations against him have persisted. Apart from being a group, person or organization, Nakamoto has gifted the world with a multitude of knowledge, inventions, and digital transformation that comes with bitcoin.

Ethereum Experiences Biggest Rise in 4 Years with Pectra Update - SEC and Ripple Reach $50 Million XRP Lawsuit Settlement
Ethereum Experiences Its Biggest Gain in 4 Years with Pectra UpdateEthereum (ETH) gained 20 percent to surpass the $2,200 level after the major Pectra update was activated on Tuesday. This rise represents the biggest daily gain since 2021. Experts say ETH has been lagging behind Bitcoin for a long time and that the update has increased investor confidence and created buying pressure. The Pectra update...
Trump’s “Big” Trade Deal Message – Fed Keeps Interest Rates Steady, Draws Attention to Inflation and Unemployment Risks
Trump’s “Big” Trade Deal Message Bitcoin approached $100,000 on Thursday morning as US President Donald Trump hinted at a trade deal to be announced soon with a “great and respected country.” Speculation suggests the deal could be with the UK, but no official announcement has been made yet. A possible easing of trade tariffs could ease inflationary pressures and revive appetite for risky assets. Falling...
Bitcoin Surpasses $97K, Trade Hopes Move Markets - New Hampshire Becomes First State to Approve Bitcoin Reserve Act
Bitcoin Surpasses $97K, Trade Hopes Move Markets Developments that trade talks between the US and China will resume have triggered an increase in risky assets. Bitcoin gained nearly 3% in value, exceeding the $97,000 level. US Treasury Secretary Scott Bessent announced that he will travel to Switzerland over the weekend to meet with Chinese officials. Statements from both the US and China show that...
SEC Postpones Litecoin ETF Decision, Requests Public Comments - Strategy Increases Bitcoin Stock to 555,450 BTC with $180 Million New Purchase
SEC Postpones Litecoin ETF Decision, Requests Public Comments The U.S. Securities and Exchange Commission (SEC) has postponed its decision on the spot Litecoin ETF application submitted by Canary Funds and requested public comment. The SEC is seeking an assessment of whether the proposed fund prevents fraud and manipulation. This delay follows the delays in recent weeks for the XRP, Hedera and Dogecoin...
Weekly Crypto Market Reports: April 28, 2025
In the crypto market report covering the week of April 28- May 5 prepared by the ICRYPEX Research team, we have compiled current developments regarding crypto assets, price movements of crypto assets and macroeconomics. You can take a look at the general flow of this report immediately below and reach all the developments that took place in the 7-day period from Weekly Crypto Market Reports: April...


Create an account

Now create an account where you can use your knowledge.