- Oct 10, 2012
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Newsweek just published an article reporting that they found the creator of Bitcoin. It's a LONG READ (very long read) and it's got a lot of info in it but I'll quote some of the most important stuff.
http://mag.newsweek.com/2014/03/14/bitcoin-satoshi-nakamoto.html?piano_t=1
The Creator
His House
I feel like Newsweek violated OD with this. This mans identity, house, and details are out in the public now and who knows what's in his house. Now this guy might need security and all that. It's crazy how far the media will take it man
http://mag.newsweek.com/2014/03/14/bitcoin-satoshi-nakamoto.html?piano_t=1
Satoshi Nakamoto stands at the end of his sunbaked driveway looking timorous. And annoyed
I'd come here to try to find out more about Nakamoto and his humble life. It seemed ludicrous that the man credited with inventing Bitcoin - the world's most wildly successful digital currency, with transactions of nearly $500 million a day at its peak - would retreat to Los Angeles's San Bernardino foothills, hole up in the family home and leave his estimated $400 million of Bitcoin riches untouched. It seemed similarly implausible that Nakamoto's first response to my knocking at his door would be to call the cops. Now face to face, with two police officers as witnesses, Nakamoto's responses to my questions about Bitcoin were careful but revealing.
Tacitly acknowledging his role in the Bitcoin project, he looks down, staring at the pavement and categorically refuses to answer questions.
"I am no longer involved in that and I cannot discuss it," he says, dismissing all further queries with a swat of his left hand. "It's been turned over to other people. They are in charge of it now. I no longer have any connection."
Nakamoto refused to say any more, and the police made it clear our conversation was over.
Andresen, a Silicon Valley refugee in Amherst, Mass., says he worked closely with the person "or entity" known as Satoshi Nakamoto on the development of Bitcoin from June 2010 to April 2011. This was before the rise of today's multibillion-dollar Bitcoin economy, boosted last year by the unexpected, if cautious, endorsement of outgoing Federal Reserve chair Ben Bernanke, who said virtual currencies "may hold long-term promise."
Since then, Bitcoin ATMs have been cropping up across North America (with some of the first in Vancouver, British Columbia; Boston; and Albuquerque, N.M.) while the acceptance of Bitcoin has spread to businesses as diverse as Tesla, OkCupid, Reddit, Overstock.com and Virgin Galactic, Richard Branson's aviation company, which has said it will blast people into space if they cough up enough Bitcoin.
"Working on Bitcoin's core code is really scary, actually, because if you wreck something, you can break this huge $8 billion project," says Andresen. "And that's happened. We have broken it in the past."
For nearly a year, Andresen corresponded with the founder of Bitcoin a few times a week, often putting in 40-hour weeks refining the Bitcoin code. Throughout their correspondence, Nakamoto's evasiveness was his hallmark, Andresen says.
"He was the kind of person who, if you made an honest mistake, he might call you an idiot and never speak to you again," Andresen says.
Nakamoto's family describe him as extremely intelligent, moody and obsessively private, a man of few words who screens his phone calls, anonymizes his emails and, for most of his life, has been preoccupied with the two things for which Bitcoin has now become known: money and secrecy.
For the past 40 years, Satoshi Nakamoto has not used his birth name in his daily life. At the age of 23, after graduating from California State Polytechnic University, he changed his name to "Dorian Prentice Satoshi Nakamoto," according to records filed with the U.S. District Court of Los Angeles in 1973. Since then, he has not used the name Satoshi but instead signs his name "Dorian S. Nakamoto."
Nakamoto was born in July 1949 in the city of Beppu, Japan, where he was brought up poor in the Buddhist tradition by his mother, Akiko. In 1959, after a divorce and remarriage, she immigrated to California, taking her three sons with her. Now age 93, she lives with Nakamoto in Temple City.
Nakamoto did not get along with his stepfather, but his aptitude for math and science was evident from an early age, says Arthur, who also notes, "He is fickle and has very weird hobbies."
Just after graduating college, Nakamoto went to work on defense and electronics communications for Hughes Aircraft in southern California. "That was just the beginning," says Arthur, who also worked at Hughes. "He is the only person I have ever known to show up for a job interview and tell the interviewer he's an idiot - and then prove it."
Nakamoto has six children. The first, a son from his first marriage in the 1980's, is Eric Nakamoto, an animation and 3-D graphics designer in Philadelphia. His next five children were with his second wife, Grace Mitchell, 56, who lives in Audubon, N.J., and says she met Nakamoto at a Unitarian church mixer in Cherry Hill, N.J., in the mid-1980s. She recalls he came to the East Coast after leaving Hughes Aircraft, now part of Raytheon, in his 20s and next worked for Radio Corporation of America in Camden, N.J., as a systems engineer.
The Creator
His House
I feel like Newsweek violated OD with this. This mans identity, house, and details are out in the public now and who knows what's in his house. Now this guy might need security and all that. It's crazy how far the media will take it man
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MONEY.