The One Big Reason Why It Matters Who Invented Bitcoin


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Australian police raided the home of one Craig Wright Wednesday, mere hours after two publications alleged that he is the secretive inventor of Bitcoin, a decentralized digital currency that’s become a darling of tech-savvy libertarians seeking an alternative to dollars, euros and so on.

So far, Australian authorities say the raid against Wright has nothing to do with reports in Wired and Gizmodo suggesting he is Satoshi Nakamoto, Bitcoin’s pseudonymous creator. Those publications provided ample evidence tying Wright to Nakamoto. But they also stressed that Wright could be trying to trick journalists and the legions of other Bitcoin-watchers who have made a hobby of seeking Nakamoto’s true identity.

We’ve been down this road before. Newsweek reported last year that Bitcoin’s Nakamoto was Dorian Nakamoto, a California-based engineer. That Nakamoto refuted the claims and raised money to fund a lawsuit against the publication in response.

But beyond simple curiosity about the man behind the curtain, does it actually matter who invented Bitcoin? Only if you care about the future of a currency with a total value of about $6.3 billion as

Read more ... source: TheBitcoinNews