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Ripple CTO David Schwartz Insists That He’s Not Satoshi Nakamoto

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Mon, 29/06/2020 - 5:55
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Ripple CTO David Schwartz Insists That He’s Not Satoshi Nakamoto
Cover image via ripple.com
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Ripple CTO David Schwartz was picked as the latest Satoshi Nakamoto candidate by Crypto Twitter, but he swiftly responded that it wasn’t the case.

In fact, Schwartz is certain that ‘a small group of people’ created Bitcoin, not one individual, given how skill-demanding and arduous the process was. 

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image by @JoelKatz 

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The biggest guessing game 

Schwartz admits that it could be plausible to assume that he could be one of the people involved in the creation of Bitcoin.

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However, the Ripple executive confesses that he only found out about the world's first cryptocurrency back in 2011.

While Schwartz remains bullish on Bitcoin, claiming that governments wouldn’t be able to push its price down by banning it, he has been slowly selling out his stash for years due to ‘the level of risk’ associated with it.

Article image
image by @JoelKatz

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Back says he’s not Satoshi

Adam Back, the CEO of Blockstream, claims that it would be better for Bitcoin, a decentralized digital commodity, if its mysterious creator remained anonymous, pushing the ‘we are all Satoshi’ narrative.

As reported by U.Today, the Blockstream CEO himself had to deny that he was Satoshi after a viral video posted by YouTuber ‘Barely Sociable’ attempted to expose him as the man who started it all.

The documentary pointed out how early similar their writing and coding was among many other things.  

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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