post <\/a>on social media platform X (previously Twitter), Back said plainly, \u201cI\u2019m not Satoshi,\u201d and emphasized that his long-standing interest in cryptography and electronic cash predates Bitcoin by decades.\u00a0<\/p>\nBack pushed back on the interpretation of evidence presented in the NYT story, suggesting that his frequent postings on ecash topics create a statistical bias.\u00a0<\/p>\n
He argued that because he was outspoken and prolific on relevant mailing lists, his comments appear often in historical archives; that visibility, he told Carreyrou, can create \u201cconfirmation bias\u201d when researchers search for likely Satoshi candidates.\u00a0<\/p>\n
\u201cBecause I was talkative on the list, and known to have an active interest in ecash, there\u2019s some confirmation bias in finding my comments frequently on ecash topics,\u201d Back wrote, noting that other participants with similar expertise posted far less and so are less likely to surface in retrospective searches.<\/p>\n
Satoshi\u2019s Mystery Is Healthy For Bitcoin<\/h2>\n
Back also characterized much of the apparent overlap between his and Satoshi\u2019s language as a coincidence or the product of a shared technical lexicon among cryptographers who had been wrestling with similar problems for years.\u00a0<\/p>\n
Throughout his response, Back also maintained that he does not know Satoshi\u2019s identity and suggested that this uncertainty is beneficial for Bitcoin.\u00a0<\/p>\n
\u201cI also don\u2019t know who Satoshi is, and I think it is good for Bitcoin that this is the case, as it helps Bitcoin be viewed as new asset class, the mathematically scarce digital commodity,\u201d he wrote, framing the mystery as part of Bitcoin\u2019s appeal and institutional development.<\/p>\n
Featured image from OpenArt, chart from TradingView.com\u00a0<\/p>","protected":false},"excerpt":{"rendered":"
Blockstream CEO, Adam Back, denied on Wednesday that he is Satoshi Nakamoto, the pseudonymous creator of Bitcoin (BTC), responding to a New York Times (NYT) investigation that pointed to him as the leading suspect.\u00a0 The NYT report, by John Carreyrou, drew on a range of circumstantial evidence \u2014 including parallels in writing style, the use […]<\/p>\n","protected":false},"author":0,"featured_media":148610,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-148609","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/148609"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=148609"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/148609\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/148610"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=148609"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=148609"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=148609"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}