new theory is gaining attention online, claiming that Jack Dorsey, the co-founder of Twitter (now X) and Square (Block), could actually be Satoshi Nakamoto, the elusive creator of Bitcoin. The idea, proposed by deBanked’s editor-in-chief Sean Murray, points to a series of intriguing connections, cryptographic clues, and overlapping timelines that suggest Dorsey’s involvement with Bitcoin’s creation.
Dorsey’s Early Crypto Interest Murray emphasizes Dorsey’s long-standing passion for cryptography, which began during his university years. Dorsey was known for wearing a t-shirt promoting RSA from Hashcash creator Adam Back, subscribing to cryptography newsletters, and studying encryption technologies. His 2003 autobiography reveals his deep engagement with hacking and cryptographic projects, many of which were worked on late at night—similar to the timestamped hours of early Bitcoin code.
Dorsey also shared ideas about financial independence and alternative trade systems, concepts closely tied to Bitcoin’s original vision of decentralization.
Bizarre Coincidences with Bitcoin’s Timeline Between 2007 and 2009, Dorsey’s Twitter bio simply said “sailor.” Interestingly, Bitcoin’s original code includes a famous saying among sailors: “Never go to sea with two chronometers—take one or three.”
More curious still, on January 10, 2009, Satoshi mistakenly logged into an IRC chat from a California-based IP address. Dorsey was also in California at that time. Other striking coincidences include:
Bitcoin’s first transaction occurred on Dorsey’s mother’s birthday.
Satoshi joined the Bitcoin forum on Dorsey’s birthday.
The last block mined by Satoshi coincided with Dorsey’s father’s birthday. Moreover, Bitcoin addresses generated by Satoshi seem to hint at Dorsey’s San Francisco address, 2 Mint Plaza.
Satoshi’s Vanishing Act and Dorsey’s Rise After posting on the Bitcoin forum in late 2010 about not donating to Wikileaks, Satoshi disappeared from the public eye. Around the same time, Dorsey became Executive Chairman of Twitter and launched Square. Murray points out that Satoshi’s last known communication occurred just after Dorsey’s rise in the tech world.
Skepticism and Doubts Despite these connections, not everyone is convinced. Analysts from BitMEX Research argue it’s hard to pinpoint when Satoshi stopped mining Bitcoin, challenging some of Murray’s claims.
Dorsey himself has remained quiet on the matter. In a 2020 interview, when asked if he was Satoshi, Jack Dorsey answered, “I would not admit it even if I were,” fueling speculation. Additionally, in July 2024, Dorsey posted on Nostr, saying, “I often imagine Satoshi sitting somewhere, laughing at all of this.”
While the theory remains unproven, the mystery surrounding Satoshi Nakamoto continues to captivate the tech world.
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