Statement by Elon Musk on the Identity of Bitcoin’s Inventor

As of the moment of writing this article, Bitcoin, one of which was traded at $ 47,700, and reached an all-time high by seeing $ 69,000 on November 10, still hosts a great mystery. It is still unknown who invented the cryptocurrency, which has been on the market since 2008.

Although we have heard many people who say or are said to be the inventor of Bitcoin, none of them have been true. A new and important statement came from Elon Musk, the CEO of SpaceX and Tesla companies, a name followed by the crypto money market, about who this inventor, whom we know by the name of Satoshi Nakamoto, is.

“Nick Szabo is most responsible for the ideas behind Bitcoin”

Elon Musk, who participated in Lex Freidman’s podcast, said:Elon Musk denies claims he could be Satoshi Nakamoto. Stating that he would not hide it if there was such a thing, Musk said, “Do you think her being anonymous is a bug or a feature?After thinking for a long time, he answered the question as follows:

“You can study the evolution of ideas before bitcoin comes out and see who wrote those ideas. I don’t know who produced Bitcoin for practical purposes but the development of ideas is pretty clear before that and in the development of these ideas The person responsible more than anyone is probably Nick Szabo.. So even though he denies being Nakamoto, he seems more responsible than anyone else for the ideas behind Bitcoin.”

Who is Nick Szabo?

Nick Szabo, the person Elon Musk holds responsible for the ideas behind Bitcoin, was known as Szabo Bit Gold between 1998 and 2005. It is a precursor to the Bitcoin architecture. He had developed a digital currency mechanism known as The phrase ‘Smart Contracts’, which we hear a lot in the crypto money industry, was first said by Szabo in 1993.

While many people have long thought that Szabo was the inventor of Bitcoin, he has repeatedly denied these claims. Before Bitcoin debuted in 2008, Szabo wrote on his blog ‘intention to create a live version of the hypothetical currencyIt was seen that he wrote a comment about ‘.