The Birth of Bitcoin and Blockchain

The financial crisis of 2008 cost the global economy trillions of dollars of value and irreversibly destroyed public trust in the proprietors of the financial system. It’s no coincidence that a new paradigm was simultaneously set in motion; with Satoshi Nakamoto publishing a paper that founded Bitcoin and defined the foundations of blockchain technologies.

Satoshi Nakamoto is a pseudonym for the anonymous founder of Bitcoin, who actively worked on the project from 2008 to 2010. He (she, or they) introduced Bitcoin via a post to the Metzger, Dowdeswell & Co. LLC cryptography mailing list at metzdowd.com entitled Bitcoin v0.1 released.

The 2008 whitepaper Bitcoin: A Peer-to-Peer Electronic Cash System details how peer-to-peer networks are utilised to prevent the double-spend problem. The bitcoin software was open-sourced at github.com/bitcoin/bitcoin a year later in 2009.

Throughout the years, claims of Satoshi's real-life persona and location have spanned multiple persons and continents, yet all ultimately remaining inconclusive.

With communications from Satoshi demonstrating high-level competency across cryptography, computing, economics and psychology, there is weight to the theory of Satoshi Nakamoto actually representing a collective of individuals.

As the project founder, Satoshi is believed to still retain 980,000 bitcoins, at a present-day value of nearly $55 billion USD, although even this remains widely speculated.

References

https://en.wikipedia.org/wiki/Satoshi_Nakamoto

https://www.investopedia.com/terms/s/satoshi-nakamoto.asp

https://www.newtraderu.com/2021/01/09/current-satoshi-nakamoto-net-worth-2021/

https://coinmarketcap.com/alexandria/article/who-is-satoshi-nakamoto

https://bitcoin.org/bitcoin.pdf

https://www.coinbase.com/learn/crypto-basics/who-is-satoshi-nakamoto