Baird found coincidences between Twitter co-founder and mysterious bitcoin creator

Baird analysts have uncovered several indications that former Twitter CEO and billionaire Jack Dorsey may be the mysterious creator of bitcoin, Satoshi Nakamoto. After Dorsey publicly answered a direct question last week about his possible involvement in the creation of bitcoin, the Baird team looked into Dorsey's dates, digital footprints and technical skills - and found several matches.

Seaport analyst Jeff Cantwell was asked a direct question about Satoshi Nakamoto's identity at a Square investor day by Jack Dorsey, known for his libertarian views and support for cryptocurrencies, MarketWatch reports. Until now, Nakamoto's identity remains undisclosed, but in late 2024, after Dorsey began publicly promoting bitcoin again, a theory emerged among internet users that he could be the creator of the world's largest cryptocurrency.

"Jack, this may be the most important question you've ever been asked by analysts: are you Satoshi Nakamoto? Thank you," Cantwell asked.

"As for the Satoshi issue - the great thing about bitcoin is that that issue now doesn't matter at all," Dorsey responded, as quoted by MarketWatch, citing a FactSet transcript. The billionaire added that bitcoin is now an open protocol in the hands of the community. "And if it's important to Satoshi, there's an easy way to prove who he is. So let's wait for that day," Dorsey emphasized.

Satoshi's first post on the BitcoinTalk forum was published on November 19 - Jack Dorsey's birthday, Baird analysts pointed out. The same date marked Block investor day last week. "He [Dorsey] may or may not be Satoshi, but today is his birthday," Block CFO Amrita Ahuja joked. The Baird team also noticed that several key dates in the early history of bitcoin coincide with the birthdays of Dorsey's parents.

The second coincidence is that Dorsey was a member of the cult cypherpunk mailing list back in 1996. It was the members of this mailing list who discussed cryptography and ideas of future electronic money - later, the bitcoin philosophy was born in this environment. The billionaire also knows how to program in C and Python, the languages that underpinned the early bitcoin code. In addition, one of the old bitcoin addresses contains the sequence "jD2m", which some interpret as "Jack Dorsey 2 Mint" - an allusion to Mint Plaza, the neighborhood in San Francisco where he lived at the time.

Analysts also pointed out that changes in Satoshi's mining activity coincided with Dorsey founding Block in February 2009 and a little later, in April, traveling to Iraq with the U.S. State Department. Another coincidence concerns a January 2009 episode when Satoshi accidentally logged into an online IRC chat room from an IP address pointing to California. Dorsey was just living in the San Francisco Bay Area at the time, MarketWatch noted.

And finally, Satoshi never touched his million bitcoins - which is what Dorsey was apparently alluding to when he said that the real Satoshi only needed to take one simple step to prove his identity, MarketWatch suggested. Dorsey's fortune is $4.8 billion, according to Forbes Real-Time rankings. If these cryptocurrencies, which are currently valued at around $87 billion, are Dorsey's, he has had no need to resort to them so far, MarketWatch summarized.

Bitcoin has hit record highs in value several times this year, reaching as high as around $126,000 per coin in October, but then bouncing back by about 30%. The cryptocurrency is now trading around $87,000, its lowest level since April.

This article was AI-translated and verified by a human editor