Bitcoin originally emerged in 2007 and at that time the identity of Satoshi Nakamoto seemed to be active, working on the software’s initial release. Finding who was really behind the moniker was impossible due to the lack of background information.
When questioned about his assertions that he was the person who invented Bitcoin under the alias “Satoshi Nakamoto,” controversial computer scientist Craig Wright responded that “proof is always people.”
“Again, you can’t prove with keys. If I own your car keys, that doesn’t mean I own your car mean, honestly, that the stupidest thing I’ve ever heard,” Wright said.
Since Wright has yet to sign a message using the private key that matches the public key from Bitcoin’s Genesis Block, the name of the first block ever mined, he has never proven that he is the owner of the larger Bitcoin community. The nChain scientist, however, has sharply opposed such a way of demonstrating his ownership.
Following more inquiries regarding the evidence, things became tense, and Wright’s PR intervened by telling the reporter, Hamish Macdonald, to move on. Instantly upset, the self-declared Satoshi began cursing.
Macdonald was advised by Wright to review evidence law. Wright advised, “Pick up a legal book, and see what proof is.” Wright responded that he didn’t hesitate to hit back at the journalist since he is an Australian when asked about his aggressive behavior.
In 2008, Satoshi Nakamoto released a paper that made cryptocurrencies known to a larger audience and helped them gain popularity.
The usage of a peer-to-peer network as a remedy for the double-spending issue was described in the paper, Bitcoin: A Peer-to-Peer Electronic Cash System. At the time, there had already been numerous attempts to develop a digital currency, thus the concept of cryptocurrency was not entirely novel. However, Bitcoin significantly addressed a problem.