JAKARTA - Bitcoin, the first and largest cryptocurrency in the world, was born from the idea of a mysterious figure named Satoshi Nakamoto. Until now, the original identity of the creator of Bitcoin is still an unsolved puzzle. However, there is one thing that is certain: Satoshi Nakamoto has disappeared from the crypto world since 2010, and has never appeared again.
Satoshi's decision to disappear without a trace turns out to have a positive impact on the development of Bitcoin. According to Gabor Gurbacs, digital asset strategist from VanEck and Tether, Satoshi has done the best for the Bitcoin community by disappearing from the crypto world.
Gurbacs expressed his opinion through the social media platform Twitter, where he said that because Satoshi chose to disappear, Bitcoin has no ambiguity, has no attack vector, and is not centralized.
Satoshi is not seeking fame or praise and even avoiding the media. This is considered a positive contribution from the anonymous creator of Bitcoin, where Gurbacs has expressed his respect for Satoshi, wherever he is today, if he is still alive.
Is Satoshi Still Alive?
The question of Satoshi Nakamoto's fate is also still a mystery. Is he alive or dead? Is he a single individual or a group of people? Gurbacs provides an interesting option: "both." Although it sounds confusing, Gurbacs says that many crypto users believe Nakamoto is a group, not a single individual. Gurbacs agrees with this view.
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According to Gurbacs, Satoshi could be a group of IT engineers, similar to a group of mathematicians who called themselves Nicolas Bourbaki in the early 1930s. In addition, Gurbacs also mentioned that Roman poet Pubulus Vergilius Maro (Vergil) was also an individual group.
Gurbacs is not alone in this view. According to a survey conducted by Finder.com, a financial comparison site, in 2018, about 20% of the 2,001 American adults surveyed believed Satoshi Nakamoto was a group of people. The survey also found that 40% of respondents did not know who Satoshi Nakamoto was, 33% believed he was an individual, and 6% believed he was an artificial intelligence aka AI.
The Latest "Satoshi" Appears
Although Satoshi Nakamoto has disappeared, his name still appears frequently in various media. One example is last Friday 9 February, a mysterious advertisement featuring Satoshi Nakamoto and Bitcoin appearing in Times Square, New York City. The ad is posted on a digital board and, according to leading crypto journalist Colin Wu, the payments come from donations from anonymous sources.
This ad coincided with 15 years since Bitcoin's generalized block mining on January 3, 2009. The message delivered was: "Satoshi Nakamoto: The Times 03/Jan/2009 Chancellor on the kink of second bailout for banks." This Bitcoin ad that appeared at the iconic location emphasized the importance of Bitcoin's journey since 2009 from zero to a reserve asset recognized by Wall Street and the basis for ETF.
According to a report from Bloomberg, the market value of Bitcoin has reached more than $1 trillion (Rp15,657 trillion) in February 2021, and the price of one Bitcoin has reached a record high of 58,332 US dollars (Rp912 million) on February 21, 2021. Bitcoin has also received support from major companies, such as Tesla, MicroStrategy, Square, and PayPal, which have invested or integrated Bitcoin into their business.
Bitcoin, created by Satoshi Nakamoto, has become a phenomenon in itself among the global community. Although Satoshi Nakamoto's identity is still a mystery, his contribution to the crypto and financial world has stagnated.
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