Who is Satoshi Nakamoto? An analysis of Satoshi Nakamoto's true identification.

Since the creation of Bitcoin in 2009, the mystery surrounding Satoshi Nakamoto’s identification continues to captivate the crypto community. In 2025, several new theories and developments have emerged in this ongoing investigation:

• AI Analysis Research: Advanced language analysis using artificial intelligence compared Satoshi Nakamoto’s writing with known authors’ works, finding an 82% similarity with Nick Szabo’s writing pattern.

• Dormant wallet activity: Following 15 years of inactivity, slight activity has been detected in early Bitcoin wallets closely associated with Satoshi Nakamoto, although conclusive identification remains elusive.

• Historical documents discovered: Researchers have found previously unknown email communications between cryptography pioneers from 2008, discussing the early conceptualization of Bitcoin.

• Academic Consensus: A survey of 500 blockchain experts shows:

The exploration of Satoshi Nakamoto’s identification continues to be a fundamental mystery in the history of cryptocurrency. Despite much speculation, the blockchain community has largely accepted that the creator’s anonymity remains an important part of the decentralized spirit of Bitcoin.

Last year, Elon Musk claimed on his podcast and Twitter page that he believes Satoshi Nakamoto is most likely Nick Szabo. Since the early 1990s, Szabo has been a computer scientist and a leading expert in cryptographic research. For the past 30 years, he has been an important pillar in the development of smart contracts and digital currency.

Elon Musk believes this because he has a very strong piece of evidence: Nick Szabo began researching the creation of digital currency as early as the early 1990s and coined the term “smart contract” about 25 years ago. Moreover, the most important evidence is that in 1998, Nick Szabo first proposed that the future of digital currency would be what he called “bit gold.” The technology was never implemented as he described at the time, but it is widely regarded as one of the main inspirations for current blockchain technology and one of the inspirations for the naming of Bitcoin.

But there are several factors that can prove Szabo is not the founder of Bitcoin. First, for the past decade, he has firmly denied being Satoshi Nakamoto, stating that he is honored that people can make such a connection, but he is definitely not Satoshi Nakamoto. Although Bitcoin has greatly inspired blockchain technology, people do not consider Nick to be one of the academic references for the Bitcoin white paper. Perhaps his denial and the lack of relevant mentions in the documents are deliberate? We may never know.