Barely Sociable Analyst Believes Blockstream CEO Adam Back Is Satoshi Nakamoto

UTC by Daria Rud · 3 min read
Barely Sociable Analyst Believes Blockstream CEO Adam Back Is Satoshi Nakamoto
Photo: Depositphotos

The thing is that the Hashcash system Adam Back was working on is similar to Bitcoin code, which means they were made on the same PC. 

Since the creation of the first Bitcoin (BTC), the world has been questioning who is standing behind this crypto. Until now, we have not known much about Satoshi Nakamoto, the creator of Bitcoin and software Bitcoin-Qt. There have been numerous versions of names that could hide behind the pseudonym, from Finnish economic sociologist Dr. Vili Lehdonvirta to Australian entrepreneur Craig Wright. Currently, one of the top-discussed names that could be involved in the creation of BTC is Adam Back, CEO of Blockstream. There are several proofs of Adam Back probably being Satoshi Nakamoto, and we will discuss them below.

Adam Back = Satoshi Nakamoto?

Back in 2020, Barely Sociable, a popular YouTuber and creator of analyst videos for “odd corners of the internet”, started uploading videos with evidence of Adam Back being Satoshi Nakamoto. In particular, Barely Sociable revealed that Adam Back described blockchain technology as early as 1998. Notably, his research was the same as Bitcoin white paper published in 2008. However, prior to the release of Bitcoin, Back disappeared during 2009 and 2010, which coincided with Satoshi’s Bitcoin development period. What is more interesting, after Satoshi left, Back appeared again on the bitcointalk.org forum again.

Since the creation of Bitcoin, Adam Back has been strongly supporting the currency. Being very passionate about BTC, Back has made incredible price predictions several times. In 2020, he stated that BTC was likely to reach up to $300,000 in a 5-year perspective, even without institutional investors’ support. In addition, Back believes that in the future, people will realize that Bitcoin helps protect from inflation as governments keep printing money.

The Latest Proof

Recently, Barely Sociable released another video explaining why Adam Back is the real Satoshi Nakamoto. Basically, every compiler creates a unique footprint based on your configuration and computer setup. Compiler is a program that translates (compiles) source code written in a high-level language into a set of machine-language instructions that a digital computer’s CPU can understand. The thing is that the Hashcash system Adam Back was working on is similar to Bitcoin code, which means they were made on the same PC.

The video received both approving comments and skepticism. Some agreed that there is no need for looking for other proofs, it is obvious that Adam Back is Satoshi. Meanwhile, others think that keys to the genesis block are the minimum requirement, and this does not mean a lot.

Notably, Adam Back himself has denied his participation in Bitcoin creation. He asserted that nobody knows the true Satoshi’s identity and said that he learned what is BTC only a couple of months after its launch.

Bitcoin News, Cryptocurrency news, Editor's Choice, News
Daria Rud
Author Daria Rud

Daria is an economic student interested in the development of modern technologies. She is eager to know as much as possible about cryptos as she believes they can change our view on finance and the world in general.

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