Bitcoin creator reveal stirs little interest
Developers and bitcoin enthusiasts from Finland to Texas are downplaying the media frenzy that occurred Thursday after Newsweek identified the digital currency's creator as a Japanese American living in Southern California, only to have the man vehemently deny it to the Associated Press.
The furor, they say, means little to bitcoin's future and whether it becomes officially recognized by the governments and the financial community as a viable form of money.
The written computer code that underpins bitcoin has changed dramatically since its inception in 2009, spawning a generation of entrepreneurs seeking to ride its growing popularity to newfound wealth.
"From an engineering perspective, Satoshi gave up control on Jan. 5, 2009, when he birthed the first bitcoin transaction," says Jeff Garzik, a member of the seven member Bitcoin Core Development Team that controls what happens to the currency's central code today. "He created an organism and he gave it life and he released it into the wild for it to do as it does."
Garzik doesn't believe Dorian Prentice Satoshi Nakamoto - the man who denied the Newsweek story - is the same "Satoshi Nakamoto" who posted the original written bitcoin proposal in 2008 and followed it up with code the following year.
Gregory Maxwell, another bitcoin core developer based in Mountain View, Calif., said he has "immense respect" for the bitcoin creator, but doesn't care who it is, or what the person's motivation was.
The genius of bitcoin is it doesn't require trusting anyone at all. "If the creator of bitcoin mattered to our ability to use it, then bitcoin has failed in its technological goals," he said.
"Whoever created bitcoin sent it out into the wild and dropped off the face of the earth," says Will Yager, 18, a bitcoin developer who attends the University of Texas in Austin.