Has the Real Satoshi Nakamoto Been Discovered? Newsweek Says Yes

Newsweek has just published an article describing their investigation and apparent discovery of the real Satoshi Nakamoto, the inventor of

Newsweek has just published an article describing their investigation and apparent discovery of the real Satoshi Nakamoto, the inventor of Bitcoin. If true, it could be the most thrilling revelation for Bitcoin World in quite some time. Of course, the definition of “true” in this case itself is difficult, as there is uncertainty as to who we were even looking for: a person, group of people or even nobody.

The investigation and revelations were conducted by , an award-winning investigative journalist, author and speaker on the topics of money and politics.

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Here, we do not dive into the nitty gritty details, rather summarize the key points and some initial reaction:

Real Name: “Satoshi Nakamoto” (at birth). After graduating university, he changed his name to: “Dorian Prentice Satoshi Nakamoto”. Since then, he’s dropped the Satoshi part (ironic as that is the best known piece, used to denominate one 100 millionth of a bitcoin), going by: “Dorian S. Nakamoto”.

Age: 64 (not exactly the whiz kid everyone imagined)

Where: Temple City, California

Birthplace: Beppu, Japan

Lifestyle: Apparently, very simple, considering he may be sitting on $400 million worth of bitcoins.

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Known Family: Oldest of three brothers, has five children, separated from wife; mother (age: 93), stepfather

Still Active with Bitcoin?: No, wants nothing to do with it anymore. Strong aversion actually. Was apparently initially worried about getting into trouble for developing it.

Motivation: Hobbyist in model steam trains. Became fed up with bank fees and exchange rates when sending international wires to England.

Profile: Very, very low

Reaction on reddit is quite mixed: some are calling this a hoax, while others are genuinely concerned for the man’s safety and well-being. They allege Newsweek exposed everything about him and “basically slapped a target on his back”, due to his possible wealth totaling hundreds of millions of dollars. Commenters have also pointed to several potential holes in the claim, and overall, remain skeptical.

Some have offered congratulatory commentary to McGrath Goodman for her investigative work, while others have expressed outrage at Newsweek’s alleged breach of Nakamoto’s privacy- the magazine posted his picture, town of residence, and images of his car and house. McGrath Goodman has since provided a video interview where she defended her work and expressed hope that Nakamoto will afforded the ability to live in quiet.

However, world media have instead converged upon Nakamoto’s residence. According to LA Times journalist Joe Bel Bruno, Nakamoto agreed to accompany the Associated Press to their LA bureau where other media members are awaiting further information.

Over the past couple of hours, Bitcoin has taken a bit of dive, losing as much as 5% on Bitstamp and breaking its relative quiet over the past 24 hours. It is unknown if perhaps the spreading of this news item has spooked investors.

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